Crypto is a hot topic in Congress right now. With less than 40 days left in the year, lawmakers have a lot to tackle. They need to confirm new leaders for financial agencies and figure out how to regulate the crypto market. The Senate has been busy. They just advanced Mike Selig's nomination to lead the Commodity Futures Trading Commission (CFTC). If approved, he'll...
In recent times, there's been a lot of talk about following "gold standard" science. But what does that really mean? And who's actually doing it? Some people in power claim they're using the best science to make decisions. But scientists say that's not always true. They point out that some decisions are based on early studies, unusual ideas, or even just guesses. Th...
The recent U. N. climate summit in Brazil's Amazon city of Belem wrapped up with a weak agreement. The only solid commitment was from wealthy nations to triple their financial support for others to cope with global warming. This was a big letdown, especially since the summit skipped over most of the key demands from many countries. Brazil's President Lula had high h...
Blue Owl Capital is thinking about bringing back a plan to combine two of its private credit funds. This comes after they had to stop a similar plan last week because investors weren't happy. The main reason for the merge is to give shareholders a way out and cut costs. But, it's not a done deal yet. The idea is to merge the larger fund, OBDC, with Blue Owl Capital ...
Turkey and Australia have finally put an end to their long-standing disagreement. They have agreed on a plan for hosting the next big climate meeting. This meeting, called COP31, will happen in 2026. Turkey will be the host, but Australia will lead the talks. This deal is a big win for teamwork between countries. It shows that even when countries disagree, they can ...
Finland's leader, Alexander Stubb, recently shared his thoughts on U. S. President Donald Trump's involvement in the Ukraine conflict. He mentioned that Trump is actively trying to find a way to stop the war. This comes as different groups are meeting to talk about a plan proposed by the U. S. to end the fighting. However, this plan seems to give a lot to Russia, whi...
Brazil's leader, Luiz Inacio Lula da Silva, is not letting U. S. President Donald Trump's solo approach shake his belief in global cooperation. At the G20 meeting in South Africa, Lula made it clear that he thinks working together is the way to go, even if Trump isn't on board. Lula didn't seem too bothered by Trump skipping the G20. He said the group is still stron...
Steven Paul, a well-known figure in Hollywood, recently visited Qatar. He was there for a big industry event. The goal? To make Qatar a major spot for film and TV in the region. Paul, who runs SP Media Group, was in talks with Qatar’s Film Committee. But no deals are final yet. Paul is famous for his role in a memo called \"Make Hollywood Great Again. \" This memo h...
Atlantic City is stepping up its game to make sure smaller motels are safer places to stay. The city council just passed new rules that require these motels to have security cameras and other safety measures. This is a big deal because, for a long time, many of these places have been overlooked, leading to problems that the city has been trying to fix. The new rules...
New York City's incoming mayor, Zohran Mamdani, had a chat with former President Donald Trump. They talked about New York City's future, like building homes, keeping streets safe, and even electricity prices. Mamdani went to the White House with his team, but only his chief of staff got to join the meeting. They didn't just sit and talk; Trump gave Mamdani a tour. T...