News
NYC Mayor Eric Adams indicted following a federal investigation, sources say

NEW YORK — New York Metropolis Mayor Eric Adams has been indicted following a federal investigation, sources inform CBS Information New York.
The indictment stays sealed, so it is unclear what prices Adams will face. Nonetheless, it’ll make him the primary sitting mayor in New York Metropolis historical past to be indicted.
The transfer comes on the heels of several investigations involving the mayor and members of his administration.
The varied probes have been playing out over the course of months, beginning in November 2023, and heated up with a flurry of subpoenas in latest weeks.
Adams responds
In a taped video message despatched by way of his legal professional, Adams responded to experiences of the indictment on Wednesday evening.
“My fellow New Yorkers, it’s now my perception that the federal authorities intends to cost me with crimes. In that case, these prices will likely be totally false, primarily based on lies. However they might not be stunning. I all the time knew that if I stood my floor for all of you, that I might be a goal, and a goal I grew to become.
“For months, leaks and rumors have been aimed toward me in an try and undermine my credibility and paint me as responsible. Simply this previous week, they searched the house of our new police commissioner, in search of paperwork from 20 years in the past only one week after he joined my administration. Sufficient. I’ll combat these injustices with each ounce of my energy and my spirit.
“If I am charged, I do know I’m harmless. I’ll request fast trials so the New Yorkers can hear the reality. New Yorkers know my story. They know the place I come from. I’ve been preventing injustice my whole life. That combat has continued as your mayor. Regardless of our pleas when the federal authorities did nothing as its damaged immigration insurance policies overloaded our shelter system with no reduction, I put the folks of New York earlier than occasion and politics.
“Now, if I’m charged, many could say I ought to resign as a result of I can’t handle town whereas preventing the case. I also can perceive on a regular basis New Yorkers will likely be involved that I can’t do my job whereas I face accusations. However I’ve been dealing with these lies for months, since I start to talk out for all of you and their investigation began. But town has continued to enhance. Make no mistake, you elected me to guide this metropolis and lead it I’ll. I humbly ask on your prayers and your persistence as we see this by way of. God bless you, and God bless town of New York. Thanks.”
The mayor could seem in courtroom as quickly as Thursday morning to face the fees, sources say.
Gov. Kathy Hochul could quickly enter the highlight
Requested earlier this week if he was going to resign because of the investigations, Adams rejected the concept outright and mentioned he was looking forward to running for reelection and finally being sworn in for a second time period.
“I am stepping up, not stepping down,” Adams mentioned on Tuesday. “I’ve a metropolis to run.”
Nonetheless, following the experiences of the indictment on Wednesday evening, many began calling for the mayor to resign.
New York Gov. Kathy Hochul does have the flexibility to take away Adams from workplace, CBS Information New York’s Marcia Kramer reported, including there will likely be stress on her to take action as a result of he has many positions to fill due to the recent resignations and will have a tough time filling them attributable to his state of affairs.
Nonetheless, Kramer additionally reported that Adams believes he has an argument to stay proper the place he’s, as a result of he has been investigated for near a yr and says crime is down, whereas jobs and tourism are up.
If Adams had been to resign or be eliminated by the governor, New York Metropolis Public Advocate Jumaane Williams would take over on an interim foundation and would have three days to name for a particular election, which must be held inside 80 days.
The varied investigations
A spokesperson for Adams mentioned, “We count on all group members to totally adjust to any ongoing inquiry.”
Adams marketing campaign fundraising investigation: Federal authorities had been scrutinizing donations to Adams’ 2021 mayoral marketing campaign from folks linked with the Turkish authorities, sources advised CBS Information New York. That investigation began in November, 2023. Federal brokers raided the home of Adams’ chief fundraiser, Brianna Suggs. Adams had been attending a gathering on the migrant disaster in Washington D.C. on the time of the raid, however got here again to New York Metropolis when he heard raids on Suggs and others had been happening.
That investigation has apparently expanded. Folks with data of the investigation mentioned a brand new spherical of subpoenas delivered to Adams’ lawyer in July sought info associated to his dealings with Israel, China, Qatar, South Korea and Uzbekistan.
Adams mentioned Tuesday that, as mayor, he had solely visited Israel and Qatar.
At situation within the fundraising investigation: Whether straw donors from Turkey contributed to Adams’ campaign, sources mentioned. Reportedly, workers of a Brooklyn building firm allegedly made donations to Adams’ marketing campaign. When questioned, nevertheless, a few of them mentioned they could not recall doing so.
Investigators have been wanting into whether or not donations had been linked to any attainable stress placed on the FDNY to approve the opening of a brand new Turkish consulate in Midtown, regardless of security considerations, sources advised CBS Information New York.
The investigation can also be wanting into whether or not Adams acquired free flights and upgrades on Turkish Airways, sources mentioned.
Different investigations: Former NYPD Commissioner Edward Caban resigned after he disclosed that federal brokers raided his home and took his phone. That investigation has to do along with his twin brother, James Caban, who allegedly labored as a fixer for restaurants and nightclubs that were having trouble with the NYPD, sources advised CBS Information New York. James Caban allegedly helped eating places easy over issues like noise complaints and different points that may warrant NYPD consideration.
James Caban’s lawyer has argued that there’s nothing fallacious with a former NYPD officer working as a liaison between the NYPD and nightclubs.
One other investigation introduced federal authorities to the houses of Deputy Mayor for Public Security Philip Banks III and the Hamilton Heights residence of his brother, Schools Chancellor David Banks, and his accomplice, First Deputy Mayor Sheena Wright. All three had their telephones confiscated. Weeks after the raid, David Banks announced he would retire at the end of the year. He mentioned he beforehand advised Adams about his retirement previous to the raid happening.
Additionally reportedly concerned in that probe is one other Banks brother, Terence Banks, who runs a consulting enterprise known as the Pearl Alliance. That agency represents varied firms which have contracts with New York Metropolis businesses value lots of of 1000’s of {dollars}. Banks is just not a registered lobbyist, nevertheless.
Here’s a closer look at who’s who in the various investigations.
News
GOP widens UC antisemitism investigations, hitting UCLA, UC San Francisco medical schools

The UCLA and UC San Francisco medical schools have been given two weeks to submit years of internal documents to a Republican-led congressional committee about alleged antisemitism and how the schools responded, widening the federal government’s far-reaching investigations into the University of California.
The demands from House Education and Workforce Committee Chair Rep. Tim Walberg (R-Mich.) cited reports of Jewish people “experiencing hostility and fear” at each campus and that universities had not proved that they “meaningfully responded.”
Walberg’s letters said the committee would be investigating whether the schools violated Title VI of the Civil Rights Act of 1964, which prohibits discrimination on the basis of race, color and national origin in programs and activities receiving federal financial assistance.
The additional investigation comes as top UC officials and the Justice Department have begun negotiations over allegations that the UCLA campus overall has been hostile to Jewish students, staff and faculty. The federal government has suspended more than $500 million in health, medical and energy research grants from UCLA and is seeking $1 billion and major campus changes before restoring the funds.
The Trump administration cited alleged Title VI violations when pulling the money.
The House committee said Monday it wanted “all documents and communications” since Sept. 1, 2021, tied to complaints of antisemitic incidents at UCLA and UC San Fransisco. A similar letter was also sent to the University of Illinois College of Medicine.
Some UCLA medical school faculty are members of a broader campus organization, the Jewish Faculty Resilience Group, that has aired complaints publicly for months at UC regents meetings about antisemitism.
The group’s chair, medical school assistant clinical professor of psychiatry Kira Stein, is mentioned in the Monday letter to UCLA as a faculty member who has reported anti-Jewish incidents.
“Federal lawmakers, in their letter released today, echoed what many of us have experienced firsthand: Antisemitism at UCLA is common, corrosive, and continues to be met with silence and inaction from the university administration and local leaders,” Stein said in a statement Monday.
The committee has asked for communications with UCLA’s medical school dean, administrators who work on diversity or restorative justice-related programs, and several other positions as well as data on specific events and courses, including one on “structural racism and health equity.”
It also asked for emails from administrators “referring or relating to antisemitism or the terms Jewish, Israel, Israeli, Palestine, or Palestinian.” And it requests information about a January report focused on the medical school that a UCLA task force on anti-Palestinian, anti-Muslim and anti-Arab racism prepared.
That 35-page report said “students, residents and faculty in the David Geffen School of Medicine who express support for Palestinian human rights, and who offer any criticism of Israel’s violation of them, face harassment from within and outside the medical school.”
The House committee has asked for “all documents and communications since October 7, 2023 in the possession of the office of the executive vice chancellor” — UCLA Provost Darnell Hunt — related to that task force. Members of the task force have accused UCLA of not taking complaints of bias incidents against Muslims, Arab Americans and Palestinian Americans as seriously as it has reports of antisemitism.
Walberg said that, in addition to Title VI enforcement, he would use the documents to “aid the committee in considering whether potential legislative changes, including legislation to specifically address antisemitic discrimination, are needed.”
The UCLA medical school is also under a Department of Health and Human Services investigation over accusations that it “discriminates on the basis of race, color, or national origin in its admissions.” UCLA denied the charges and the department has not formally announced the results of its investigation that began in late March. But when it canceled hundreds of millions in grants to UCLA last month, the Trump administration said the action was due in part to its belief that the university illegally uses race in admissions.
In a Monday statement, a spokesperson for the UCLA medical school said it opposed antisemitism.
“Antisemitism has no place at UCLA’s medical school. Protecting the civil rights of our Jewish community members remains a top priority,” the statement said. “We are committed to fair processes in all our educational programs and activities, consistent with federal and state anti-discrimination laws and continue to take specific steps to foster an environment free of antisemitism and other forms of discrimination and harassment.”
A spokesperson for UC San Francisco did not immediately respond to a request for comment.
Tense disagreements have erupted at the UCLA medical school between pro-Israel and pro-Palestinian students, faculty and staff since the Oct. 7, 2023, Hamas attack on Israel and Israel’s ensuing war in Gaza. Each has accused the other of discrimination, doxxing and harassment. Incidents at the school have been cited by two UCLA task forces, one that looked at antisemitism and anti-Israeli bias and the other that researched anti-Palestinian, anti-Muslim and anti-Arab racism.
News
Abrego Garcia Detained Again After Administration Signaled It Would Re-Deport Him
A judge in Maryland barred the administration from immediately deporting Kilmar Armando Abrego Garcia until he had a chance to challenge the move.
News
Fed Chair Jerome Powell is worried about the job market. Here are 3 red flags for workers.

When Federal Reserve Chair Jerome Powell on Friday opened the door to cutting interest rates for the first time in nearly a year, he noted the tremors beginning to shake a main pillar of the U.S. economy: the labor market.
Concerns about the pace of job growth were heightened earlier this month after government data showed a sharp slowdown in hiring in July, along with much weaker payroll gains in May and June than previously thought. The disappointing numbers were alarming enough for President Trump to question their accuracy and to fire the head of the agency tasked with compiling the data.
Yet labor experts tell CBS News they weren’t surprised by the downturn, and caution that more pain could be in store for job seekers. Data released since the August 1 job numbers shows companies are delaying hiring as they adjust course to account for headwinds including fresh U.S. tariffs and the advent of artificial intelligence, they say.
“There’s a real cooling in the labor market,” Andy Challenger, senior vice president of executive outplacement firm Challenger, Gray & Christmas, told CBS MoneyWatch. “We’re also having lots of individual conversations with companies that are letting us know to expect future layoffs.”
He added, “So for me, there is more reason to be pessimistic about the labor market than optimistic we’ll see some major bounce back.”
Here are three charts that could point to a serious downturn in the U.S. job market.
Fewer workers are getting hired
Overall, U.S. employers in 2025 have added fewer jobs on a monthly basis compared with the pace of gains in recent years, when companies sought to expand as the economy roared back from the pandemic. In 2024, employers hired an average of 168,000 workers each month, but that has slowed to an average of 35,000 over the past three months, Powell said on Friday.
The risk is that the labor market could weaken from here, which could lead to “sharply higher layoffs and rising unemployment,” Powell said.
The slowdown could spur the Fed to cut its benchmark interest rate, policymakers’ main tool for energizing the economy and job growth, at its meeting next month for the first time since December 2024. Lowering rates could bolster the labor market because it would make it cheaper for consumers to borrow, driving spending, for businesses to invest, including by adding workers.
More long-term job seekers
Another troubling sign is a recent surge in long-term job seekers, or people who have been searching for a job for more than 27 weeks. In July, about 1.8 million Americans had been looking for work for more than 27 weeks, a jump of about 64% from three years earlier and 20% from a year ago.
It may not get easier to find work anytime soon, given signs from employers that they intend to continue to cut jobs, Challenger said.
“Don’t take the summer off” from looking for new work, he advised job-hunters. “It’s hard to imagine a scenario where the labor market will be better in three to six months.”
A jump in unemployed young workers
At the same time, young workers are also having more trouble finding their first jobs, which has been blamed on everything from slowing economic activity this year to employers adopting artificial intelligence in place of entry-level workers.
To be sure, the nation’s unemployment rate remains low, at 4.2%. Yet that statistic is backward-looking, reflecting the labor market’s strength in previous months — it says little about economic conditions moving forward.
Meanwhile, for new college graduates the current job market amounts to “a perfect storm,” said career coach Tracey Newell.
“Companies are limiting new entry-level roles, and AI is replacing many traditional ‘starter’ jobs,” she added, noting that it isn’t unusual for employers these days to receive hundreds of job applications for a single position.
-
Business2 weeks ago
Power and Portability Meet In This Near-Mint 13″ MacBook Pro
-
Entertainment3 weeks ago
Jeff Bezos and Lauren Sánchez Bezos Hit the Dance Floor in Ibiza
-
Technology2 weeks ago
StubHub is once again working on its IPO that could raise $1B
-
Travel2 weeks ago
9 Delaware Dishes That Slowly Vanished From Family Tables
-
Life Style2 weeks ago
101 Short Fall Quotes for a Positive, Motivated and Happy Autumn Season
-
Entertainment2 weeks ago
Kathy Griffin confirms third facelift after raising eyebrows with ‘very taut’ appearances
-
Life Style2 weeks ago
101 Inspirational September Quotes for a Motivated and Happy Start to Your Fall Season
-
Technology3 weeks ago
Substack rival Ghost connects to the open social web with its latest public release