Author: Leslie Stewart

In today’s digital landscape filled with diverse narratives, discerning fact from fiction can be challenging. In our feature series, The Internet Made Me Ask, experts dissect popular trends and practical queries—like the right frequency for washing makeup brushes and the nuances of bathroom textiles. As you seek to create an inviting bathroom experience, one essential investment is a quality set of bath towels. However, you might encounter the term bath sheet and wonder how it differentiates itself from the standard bath towel. Is it merely a larger version, or are there distinct features that justify its unique designation? To unravel…

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Judy Shelton, whose nomination as a member of the Federal Reserve was rejected by the Senate due to controversial economic views, has now taken on a new role as a counselor to Treasury Secretary Scott Bessent. The Treasury Department has stated that Shelton will focus on currency policy, specifically addressing financial conditions in China. Although not widely recognized as an expert on China, Shelton’s credentials include authorship of two significant books: “The Coming Soviet Crash,” published in 1989, and “Money Meltdown,” released in 1994. The latter discusses the necessity of a unified international monetary system. Prior to her appointment at…

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Spain has recently implemented a new regulation requiring identity verification for all transactions conducted at crypto ATMs across the nation, marking the end of anonymous usage of these machines. This significant shift comes in light of an impending review by the Financial Action Task Force (FATF) concerning anti-money laundering measures. The Spanish government passed Real Decreto-ley 25/2026 on September 29, which integrates crypto-asset service providers into the framework established by the country’s 2010 anti-money-laundering legislation. This legislative change was prompted by concerns expressed by legal experts about Spain’s perception as a potential weak link in combating criminal financing and enforcing…

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In a recent post on Truth Social, former President Donald Trump expressed his views regarding the Somali immigrant community in Minnesota, suggesting that local residents should “fight back” against what he described as a form of takeover in the state. His comments are part of a broader pattern of rhetoric that he has employed throughout his political career. Trump stated, “The once Great State of Minnesota is being taken over by Somali Immigrants. The people of Minnesota must fight back.” His message was underscored by additional remarks implying that the Somali population feels that Minnesotans are vulnerable, saying, “The Somalians…

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IE 11 is not supported. For an optimal experience visit our site on another browser. Millions Tune in for Extreme Kayaking Journey Launch 01:52 Now Playing Shooting Incident Involving ICE Officers in NYC 01:03 UP NEXT Sailors of USS Abraham Lincoln Reunite with Family 01:38 Hurricane Isaias Set to Impact Gulf Coast 01:47 Current Updates A man was hospitalized following a shooting incident involving ICE officers in New York City. The Department of Homeland Security has confirmed that the situation is under investigation, with NYC Mayor Mamdani labeling it “unconscionable.” Published: Oct. 9, 2026 Read More Millions Tune in for…

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On October 8, 2026, the European Securities and Markets Authority (ESMA) issued a significant opinion impacting authorized crypto service providers within the European Union (EU). This document effectively denies these providers the ability to offer services involving stablecoins that do not comply with the Markets in Crypto-Assets Regulation (MiCA). One of the primary stablecoins affected is Tether’s USDT, which, as of the date of the opinion, held a market capitalization of approximately $184 billion and was not authorized as an e-money token within the EU. National regulators, specifically BaFin in Germany, are mandated to phase out any remaining holdings related…

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The ongoing race for a Texas Senate seat is heating up, with Democrats believing they have a significant opportunity this election cycle. However, Democratic state Representative James Talarico is facing challenges as he recovers from the flu, which has kept him off the campaign trail for the past 12 days. According to his campaign, Talarico is expected to return to campaigning over the weekend. His absence has raised concerns as he had last participated in an in-person event on September 26, before traveling to New York for a private fundraiser three days later. Following a brief stint back in Dallas,…

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New Guidelines for Crypto Firms Affecting EU Customers’ Stablecoin Holdings The European Securities and Markets Authority (ESMA) has issued new guidance impacting the services offered by authorized cryptocurrency firms to customers in the EU regarding certain stablecoins. Under the new rules, these firms must halt all services that allow customers to purchase, trade, or otherwise increase their holdings of the impacted stablecoins. Scope of the Regulations The regulations encompass a wide range of services related to cryptocurrencies, including: Exchange services Trade execution Transfers Custody Administration Advice Portfolio management Timeline for Compliance National regulators have been instructed to ensure that any…

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Impact of Tariffs on Consumer Prices: Insights from the New York Federal Reserve Recent research conducted by the New York Federal Reserve offers valuable insights into the economic implications of President Donald Trump’s tariff policies, particularly as they relate to consumer prices. The study reveals that tariffs have significantly influenced the cost of numerous everyday goods, adjusting upward the prices Americans pay for a variety of products. Key Findings According to the New York Fed’s analysis, without the imposition of tariffs, the prices of the 67 categories of goods evaluated would have decreased by nearly 1% as of early 2025.…

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The price of oil surged significantly on Thursday amidst discussions within the Trump administration regarding the potential resumption of U.S. military operations in Iran. This geopolitical tension has contributed to rising oil prices, creating ripples across various markets. In early trading, Brent crude oil experienced an increase of over 5%, surpassing $105 per barrel, while U.S. crude oil followed suit, rising nearly 5% to approach $93 per barrel. Additionally, benchmark diesel futures jumped by 4.5% in European markets, alongside a more than 4% increase in heating oil prices, which serves as a proxy for jet fuel. Market Reactions to Oil…

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