A top NBA team owner just made two huge financial plays that show how money moves across industries. First, the owner spent $300 million on a women’s basketball team—the most ever paid for a WNBA franchise. He beat out other bidders by offering more than Cleveland, Detroit, and Philadelphia were wil
The U. S. government has recently taken hold of digital money worth about $1 billion linked to Iran, according to a high-ranking official. This move is part of a wider effort to block financial flows that support Tehran’s activities. During a discussion on a business news channel, the official menti
In two years, midterm campaigns might see tech industries like crypto and AI become unexpected punching bags for candidates from both sides. While these sectors have poured big money into politics, voters seem far from impressed. Polls show most Americans still prefer banks over crypto platforms, an
Tristan Thompson, a former NBA player with big earnings over his career, recently found himself in a legal battle with a crypto company. He had signed a deal to promote World Mobile Group’s digital tokens, expecting $2 million spread out over two years. The plan was simple: Thompson would help the c
Banks and big financial firms keep trying to recreate blockchain from scratch, but that's like reinventing the wheel while ignoring the road already built. They can copy the code, hire consultants, and roll out permissioned systems behind closed doors. Yet no matter how polished their corporate bloc
A Texas man faces serious legal trouble after allegedly tricking people into investing over $12 million in a crypto scheme that promised big profits from AI trading bots. The U. S. regulator claims Nathan Fuller ran his operation through two fake companies, promising investors rapid returns—sometime
Many workers believe their companies still support diversity, equity, and inclusion (DEI) efforts, even if they don’t use the phrase anymore. A recent study by two well-known research groups surveyed 2, 000 employees and leaders from large and mid-sized U. S. companies. Eight in ten said their organ
Late last week, a U. S. Navy vessel used a missile to disable a ship that was sailing toward an Iranian port in the Gulf of Oman. The target ship, registered in Gambia, was flying a foreign flag but carrying goods that could support Iran’s military efforts. American forces claim they warned the cre
A lawsuit has been filed against the largest US immigration detention center in Texas, where people say they've faced harsh conditions. The camp, built on a military base, holds over 2, 700 detainees under President Trump’s deportation policy. Civil rights groups claim it fails basic standards, poin
Across Europe, many Syrian refugees say they feel more lonely and worried than before. In Germany and Sweden, two studies tried a new way to help: smartphone apps. The apps gave refugees small ideas to feel better—like tips on sleep or ways to talk with others. The twist? The apps were mostly self-g
