Free Republic

CALIFORNIA (Santa Clara DA) – Five men have been charged with a series of smash and grab robberies, part of a crime wave that terrorized the Bay Area during the holidays. The men, armed with construction hammers, would invade stores en masse. Charged with felonies are Michael Earl, 18, of Oakland, Andrew Manuel Maravillalopez, 19, of Hayward, Noah G Tekle, 19, of San Leandro, Charles Evans, 18, of San Leandro, and Maurice James Sweet, 19, of Pittsburg. Earl, Maravillalopez, Tekle, and Evans were arraigned on April 15 with bail set at $250,000. Maurice James Sweet, 19, is on for arraignment...

Chicago Federal Reserve Bank President Charles Evans on Tuesday said he continues to believe supply bottlenecks are driving most of the recent increase in inflation, and though it is higher and may last longer than initially thought, it will subside. Inflation expected to be 3.5 percent or 4 percent this year “cuts into income, wages and so that’s a problem and we are definitely monitoring that, but it’s not really a monetary policy issue, it’s a infrastructure, supply issue at the moment,” Evans said in an interview with CNBC. He also repeated his view, in line with most other Fed...