Author: Leslie Stewart

The loyal cryptocurrency has had quite a moment. Donald Trump’s return to the White House brought true horniness of pro-crypto promises, from talk of “strategic Bitcoin reserve” to a declaration about making America the “crypto capital of the world.” The market responded as expected. Bitcoin has skyrocketed past highs, and followers have treated it as the ultimate proof. But under the gloss of political legitimacy, nothing fundamentally changes about the essential nature of cryptocurrencies. The irony of Trump’s code embrace is hard to overlook. The proposed “Strategic Bitcoin Reserve and US Digital Asset Stockpile” consists entirely of assets that have…

The man accused of forgerying his death to avoid sexual assault and fraud allegations and fleeing to avoid sexual assault and fraud allegations, prosecutors said he was convicted of rape in Utah.A ju judge in Salt Lake County found Nicholas Aralverdien, who was accused of Nicholas Rossi by Utah authorities and committed crimes after three days of testimony. Deliberations began on Wednesday. He will be sentenced Oct. 20, the Salt Lake County District Attorney’s Office said. He faces five years of life in prison.”In this case, we are grateful to the survivors for their willingness to move forward a few…

People will shop pet supplies at pet retailers in Manhattan, New York City on August 12, 2025. Spencer Platt | Getty ImagesGoldman Sachs is getting heated for calls that heavier consumer inflation is ahead of tariff-induced, but that view is not the only one among Wall Street brothers.Despite investors accepting Tuesday’s rather benign consumer price index report, economists expect the biggest impact on inflation has yet to come.The general sentiment is that pre-duty inventory will be rolled out, effective tariff rates will rise, and businesses are not willing to absorb higher costs from their duties, so consumers will be increasingly…

For decades, the Arab government, a fierce defender of the Palestinian cause, is facing criticism of their ti-sick reaction to the extreme suffering of Gaza caused by Israeli war, putting more and more calm citizens and dangerous rifts at stake.As deaths from starvation and Israeli artillery emerged, Palestinians, their supporters, and some analysts turned their anger towards Arab rulers in the region who perceived them as being too passive and quiet. They refer to countries outside the Middle East that publicly criticised Israel and sought to stop the expansion of military operations in Gaza. “Where are the Arabs? Arabs are…

Faced with fierce criticism from President Donald Trump, Goldman Sachs economist David Mericle on Friday supported a controversial forecast that tariffs will start to collide with consumer wallets.Trump surged at the bank in Tuesday’s post on True Social, suggesting that CEO David Solomon would either “get a new economist” or consider resigning.However, Mericle said in an interview with CNBC that the company is confident in its research.”We support the findings of this study,” he said in “Scoke on the Street.” “If the latest tariffs, like the April tariffs, follow the same pattern we saw with these early tariffs, we estimate…

The speech outlines the SEC’s commitment to regulatory clarity, innovation and market competition, and shows significant changes in agency approaches to digital asset oversight, the day after the president’s working group on digital asset markets published a report entitled “Strengthening American Leadership in Digital Financial Technology” (“PWG Report”). Atkins called the PWG Report “a blueprint for making America the first with blockchain and cryptographic technology,” and said Project Crypto was designed to implement recommendations in the PWG Report and support President Trump’s vision of making the US “global crypto capital.” Atkins declared that most crypto assets are not securities, taking…

JERUSALEM – Israeli Prime Minister Benjamin Netanyahu on Tuesday suggested that the ceasefire effort in Gaza is focusing on a comprehensive deal that releases remaining hostages at once, not a phase.Arab officials said last week that Egyptian and Qatar mediators are preparing a new framework for the deal, including the release of all hostages remaining at once in return for a permanent ceasefire and the withdrawal of Israeli forces.It appears that the long-term indirect lectures collapsed last month. However, Hamas delegation arrived in Cairo on Tuesday for a ceasefire talk, Egypt’s state-run Qahera news channel reported indications that efforts have…

Marlo Ramirez will carry beef slabs to prepare for grocery customers on July 22, 2025 in Miami, Florida. Joe Raedle | Getty ImagesTwo economists who are looking to stand out for a federal reserve vacancy said Tuesday they did not believe tariffs would cause inflation. He said this is in line with President Donald Trump’s desire to cut interest rates.In separate CNBC interviews, Stephen Milan and James Bullard rejected ideas supported by many non-white home economists, saying the job will lead to long-term prices.Trump slammed Milan to fill the remaining months of former governor Adriana Kugler’s term, who left the…

Thirteen citizens of the Dominican Republic have accused 400 grandparents of the US of fraud, out of the $5 million.Leah Foley, a US lawyer for the Massachusetts area, said grandparents in Massachusetts, California, New York, New York, Florida and Maryland received calls from people saying they were grandchildren, had been arrested or were in the midst of another emergency. Their goal said they were tricking older people into handing over their life savings to help their loved ones. Often, Foley said the defendant called the panicked victim “against and over,” and pretended to be another emergency to boost more money.…

A widespread inflation measure, which accelerated slightly more than expected in July, was promoted on an annual basis as President Donald Trump’s tariffs showed a largely modest effect and investors gained more confidence in interest rate cuts.The consumer price index rose 2.7% on a 12-month basis, seasonally adjusted for the month, a 0.2% increase in the month, the Bureau of Labor Statistics reported Tuesday. Estimates of 0.2% and 2.8% compared to the respective Dow Jones.Excluding food and energy, CORE CPI increased by 0.3% that month, 3.1% from a year ago, but forecasts were 0.3% and 3%. Federal Reserve officials generally…