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The Latest Breaking News from IG

Asian shares mostly rise in muted trading on bargain-hunting

Asian shares are mostly higher after Wall Street benchmarks fell on worries that the U.S. Federal Reserve will keep raising interest rates

The Independent UK

Schools masking absenteeism by misreporting truant CPS students as transfers, dropouts, IG says

The Chicago Public Schools inspector general says there appears to be widespread problems with the way students who stop coming to school are being tracked.

Chicago Sun-Times

Asia shares up as sentiments boosted by Fed minutes, US jobs

Asian shares are mostly higher following a rally on Wall Street as investors assessed minutes from the Federal Reserve’s latest meeting of policymakers and welcomed encouraging data on U.S. jobs

The Independent UK

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Foreign outflows from emerging Asia in 2022 highest since 2008

Foreign investors withdrew more money from equities in emerging Asian economies in 2022 than they had in any year since the global financial crisis in 2008, as rising US interest rates pulled funds towards dollar assets.

Bangkok Post

Virginia probes hiring of trooper who killed teen's family

The Virginia Office of the State Inspector General is investigating the state police hiring of a man who drove across the country, kidnapped a 15-year-old California girl and killed her mother and grandparents

The Independent UK

Baywatch's Donna D'Errico, 54, slams troll who branded her racy snaps 'thirsty'

Baywatch babe Donna D’Errico has hit out at an online troll who called her 'thirsty' after she posted a racy snap of herself posing in a tight Santa suit

Daily Mirror

Bureaucratic incompetence among federal prison officials led to mob boss Whitey Bulger’s beating death in 2018, IG report says

HARTFORD, Conn. — The Justice Department’s inspector general has concluded that it wasn’t “malicious intent,” but rather “bureaucratic incompetence” that was responsible for mob boss James “Whitey” Bulger’s brutal beating death when prison officials transferred him to a violent West Virginia prison and housed him with rival gangsters in 2018.

Tribune News Service

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Asian shares rise except Japan as markets eye China protests

Asian shares are trading mostly higher as jitters over protests in China about its stringent anti-COVID policies fade

The Independent UK

From the Supreme Court to Kim Kardashian: What happened to Balenciaga?

The fashion brand published a controversial campaign featuring children holding bondage teddy bears, and Supreme Court case on child pornography in a separate ad

The Independent UK

Asian shares mixed as investors eye Tokyo inflation data

Asian shares are mixed as worries about the regional economy deepen and government data show higher-than-expected inflation in Japan

The Independent UK

Balenciaga apologises after ‘disgusting’ ads of children holding ‘bondage’ teddy bears spark backlash

Critics also noticed documents from Supreme Court cases on child pornography were used as props in the campaign

The Independent UK

Asian stocks surge after lower US inflation eases rate fears

Asian stock markets have surged after U.S. inflation eased by more than expected, spurring hopes the Federal Reserve might scale down plans for more interest rate hikes

The Independent UK

Architect of Capitol abused government car privileges, IG report finds - Roll Call

A report suggests J. Brett Blanton drove to Florida on the government’s dime and let his child use the office’s “free gas” for Walmart runs.

Roll Call

DHS watchdog appointed by Trump has fueled an exodus of agency lawyers, sources say

The Jan. 6 investigation has brought new attention to tumult at the watchdog agency for the Department of Homeland Security. Now its Inspector General is under fire from multiple directions.

WEKU

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The Independent UK

Asian shares fall as technology shares pull benchmarks lower

Asian shares are mostly lower as losses in technology-related shares weighed on global benchmarks

Chicago Sun-Times

Military education chief at CPS resigns after ‘systemic failures’ in his handling of sex abuse case

In 2019, Col. Daniel Baggio failed to notify state and local officials of suspected abuse of a student by a military instructor, a watchdog found. The student was abused for another 9 months before the instructor was arrested, CPD records show.

Roll Call

Members irate as some military tenants rights ignored - Roll Call

Pentagon IG report finds more than one-third of private landlords on U.S. military bases are not guaranteeing tenants legal rights.

Bangkok Post

Foreign outflows from emerging Asian equities exceed 2008 outgo

Foreigners resumed selling in Asian equities ex-China stocks in September - including $653 million's worth from Thailand - as investors were deterred by US interest rate hikes, a firmer greenback and a weaker regional growth outlook.

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Evening Standard

FTSE 100 Live: Pound tanks after Kwarteng meets with OBR

The pound fell 1.5% against the dollar to $1.10 after Liz Truss and Kwasi Kwarteng met with the head of the UK’s Budget watchdog, Richard Hughes.

The Independent UK

Cyclist charged after allegedly attacking Indigenous woman for not wearing a bra

Ottawa police charged a 37-year-old woman with assault and mischief in the incident they decsribed as a “verbal altercation that escalated into a physical altercation”

Bangkok Post

Live in the moment

What better way to break the cycle of first-time travel after almost three years of being stuck in Thailand, than a trip to a new resort in Vietnam. Da Nang is often seen as the weekend beach retreat for the Vietnamese, with its never-ending coastline and casinos. Though further up…

Chicago Sun-Times

Day after scathing report, Chicago’s top cop announces changes aimed at giving police officers more time off

The new policy comes after the city’s watchdog reported that the police department had scheduled nearly 1,200 officers to work at least 11 straight days earlier this year.

Chicago Sun-Times

1,190 Chicago Police officers scheduled to work consecutive days off in April and May, newly appointed IG says

Inspector General Deborah Witzburg conservatively estimated that “at least 1,190” Chicago Police officers were scheduled to work at least eleven consecutive days between April 1 and May 31 of this year.

The Independent UK

Asian shares slide on Wall Street drop that ended last week

Asian shares have declined after the head of the U.S. Federal Reserve indicated high interest rates will continue for some time to curb inflation

Salon

Ryan Zinke caught lying "several times"

Zinke and his former chief of staff didn't comply with their “duty of candor” in casino scandal, IG says

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