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Former NY Governor Cuomo cops misdemeanour sex offence charge

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Former Governor of New York Andrew Cuomo has been charged with a misdemeanour sex offence filed on Thursday

The criminal complaint charging Mr Cuomo with a misdemeanour sex offence was filed in an Albany Sheriff’s office on Thursday, the first prosecution case stemming from a misconduct scandal which led to his resignation.

The filing from the Albany County Sheriff’s Office, accusing Cuomo of groping a woman under her blouse, was first confirmed by a spokesman for the New York state courts, Lucian Chalfen.

In an emailed statement, Chalfen referred to an alleged “sex crime” committed by Mr Cuomo.

Representatives for the former Governor of New York weren’t anywhere to be seen when the news broke, with local media reports stating enquiries went unanswered.

63 year-old Cuomo stepped down as New York Governor two months ago under mounting legal pressures and calls to resign made by fellow Democrats – including US President Joe Biden.

New York Governor Andrew Cuomo speaks during a news conference in New York City, New York, July 6, 2021. REUTERS/Jeenah Moon

The district attorney for Albany County, David Soares, issued a statement suggesting that the sheriff’s office had acted independently of local prosecutors

“Like the rest of the public, we were surprised to learn today that a criminal complaint was filed in Albany City Court by the Albany County Sheriff’s Office against Andrew Cuomo,” Soares stated, adding that his office would comment no further.

A copy of the complaint posted online by WNBC-TV media network in New York stated that Cuomo engaged in the misdemeanour offence of “forcible touching” on the date of December 7, 2020, at the governor’s Executive Mansion by placing “his hand under the blouse shirt of the victim, and onto her intimate body part.”

The complaint details that Mr Cuomo then “fondled” the woman’s breasts “for purposes of degrading and gratifying his sexual desires”

The name of the woman making the complaint against Cuomo has been suppressed for legal reasons.

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RBA holds rates as investors shift from property to stocks

RBA holds rates at 3.6%, shifting investor focus from property to potential stock market gains amid persistent inflation pressures.

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RBA holds rates at 3.6%, shifting investor focus from property to potential stock market gains amid persistent inflation pressures.


The Reserve Bank of Australia has held interest rates at 3.6 percent, signalling a steady approach as inflation pressures persist and prompting investors to reassess their strategies in an uncertain climate.

The decision has shifted attention away from the property market, with experts suggesting the stock market may offer stronger opportunities, especially for those looking to outpace inflation over the long term.

We speak with Dale Gilham from Wealth Within about what the RBA’s call means for investors, why confidence in housing is changing, and what smarter financial choices look like in 2025.

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#RBA #Interestrates #AustraliaEconomy #StockMarket #InvestingTips #WealthWithin #FinanceNews #TickerTV


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U.S. retail sales slowdown sparks new fears ahead of Fed decision

U.S. retail sales weaken, raising concerns about consumer spending and economic resilience ahead of the holiday season.

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U.S. retail sales weaken, raising concerns about consumer spending and economic resilience ahead of the holiday season.


Retail sales in the U.S. have unexpectedly weakened, raising new questions about consumer strength and the resilience of the economy. As Americans pull back on spending, analysts are watching closely to see whether this signals a broader shift toward caution in the lead-up to the holiday shopping period.

The slowdown has amplified uncertainty around the Federal Reserve’s next move on interest rates, as policymakers weigh mixed economic signals against cooling demand. With some categories falling sharply, economists warn that faltering retail activity could ripple into GDP forecasts and overall market confidence.

Brad Gastwirth from Circular Technologies joins us to break down which categories were hit hardest, why shoppers are becoming more value-conscious, and what this means for the economy heading into 2025.

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#RetailSales #USEconomy #FederalReserve #ConsumerSpending #EconomicOutlook #MarketUpdate #InterestRates #TickerNews


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xAI’s $15 billion raise, deadline pressure and Grokipedia launch

Elon Musk’s xAI plans $15 billion funding round, reaching $230 billion pre-money, amid fierce AI sector competition.

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Elon Musk’s xAI plans $15 billion funding round, reaching $230 billion pre-money, amid fierce AI sector competition.


Elon Musk’s artificial intelligence startup xAI is preparing to close a huge $15 billion funding round next month, valuing the company at $230 billion pre-money. The raise highlights the intense investor appetite for advanced AI platforms as competition heats up across the sector.

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#xai #elonmusk #ai #startupnews #grok #grokipedia #technews #fundinground


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