The UK government has just dropped a major announcement. They are planning to spend hundreds of billions of pounds over the next few years. This money is earmarked for defense, healthcare, and big projects like infrastructure and housing. It is a bold move, but is it enough to make a real difference? The chancellor of the Exchequer, Rachel Reeves, shared these plans...
Michael Blake, a candidate for NYC mayor, is in a heated battle. The Campaign Finance Board (CFB) has ruled him out of the second debate. This is because he hasn't met the fundraising targets, according to their records. However, Blake's team claims they have the required funds. They blame the CFB's system for the mix-up. ...
Crypto has become a hot target for criminals. This is due to the fact that it is hard to trace and easy to move around. Many people who own a lot of crypto are at risk. They can be targeted by thieves who use force to get what they want. This is known as a "wrench attack. " It is a scary situation where criminals use violence to get someone's crypto passwords. The i...
The 2026 election is shaping up to be a financial showdown. The Republican Party is sitting pretty with a hefty cash reserve, boasting over $67 million in the bank as of April. This is a significant lead over the Democratic National Committee, which is trailing with just under $18 million. The Republicans' strong fundraising in April, pulling in around $15 million, f...
The world of cryptocurrency is not just about digital transactions and online security. It has a dark side that involves real-world violence. This was highlighted by a recent incident in Manhattan. An Italian man claimed he was kidnapped and tortured in an upscale townhouse. His captors wanted his bitcoin. This type of crime is known as a "wrench attack. " The term ...
The mayor of New York City is in a legal battle with the city's Campaign Finance Board. The issue? The board has refused to give the mayor $3. 4 million in matching funds for his reelection campaign. The mayor's team argues that the board's decision is unfair and based on a dismissed federal indictment. The mayor's legal representatives claim that the board is being...
Big energy companies face big risks. These risks can come from many places. They can come from inside the company. They can also come from outside. For example, from other companies or from the market itself. The energy market is always changing. Sometimes, these changes are small. Other times, they are huge. These big changes are called large shocks. They can affec...
A new player in the personal finance game is making waves. Monarch, a startup focused on helping people manage their money, has just secured a whopping $75 million in funding. This cash injection is one of the biggest for a consumer finance tech company this year. The funding values the company at $850 million. The money will help Monarch grow its user base quickly. ...
Donald Trump's latest venture into the crypto world has raised eyebrows. His stablecoin, USD1, started trading on KuCoin, an exchange that's had its fair share of troubles. KuCoin was recently banned in the U. S. after admitting to breaking anti-money laundering rules. They had to pay a hefty fine of almost $300 million and agreed to stay out of the U. S. market for ...
The G7 finance ministers are set to meet in a Canadian mountain resort. This gathering might be more tense than usual. Why? Because of the tariffs put in place by the U. S. president. These tariffs could slow down economic growth in many of the countries attending, including Canada. The U. S. president has even suggested that Canada could become a state of the U. S. ...