The U. S. government wants stablecoin companies to act like banks when it comes to stopping crimes like money laundering. New rules from the Treasury Department would require these firms to set up systems that block suspicious payments, freeze accounts linked to criminals, and report illegal activit
Industrial buildings that once made metal now find new purpose feeding computers instead. In upstate New York, a shuttered aluminum plant along the St. Lawrence River could soon hum with activity again, not for smelting aluminum, but for minting digital coins. The facility has stayed dark since 2014
A storm is brewing in the world of private credit, and regulators are sounding the alarm. The Financial Stability Board warns that a mix of rising interest rates, geopolitical tensions, and shaky valuations could trigger a domino effect across global markets. The concern isn’t just about one weak sp
In 2021, Donald Basile convinced over a hundred people to hand over $16 million for a cryptocurrency called Bitcoin Latinum. He claimed it was "insured" and backed by real assets, making it a safe investment. The catch? No insurance actually existed. The SEC now says Basile lied about the token’s sa
Bitcoin fans and investors keep a close eye on who’s in charge at the Federal Reserve—not because they care about Fed gossip, but because the chair’s decisions ripple through the economy in ways that hit wallets everywhere. Mortgage rates, savings account yields, and stock market swings all trace ba
Zohran Mamdani, New York City’s mayor, recently spent Saturday morning surrounded by kids and parents at a Bronx childcare center. His guest? Barack Obama. Instead of a boardroom chat, the two leaders spent time reading picture books with toddlers, a moment that stood out from typical political inte
A court just gave the go-ahead for a $400 million ballroom to rise where part of the White House once stood. But this isn’t the final word—just a pause in a legal fight. On Friday night, a federal appeals court put a lower judge’s order on hold, letting construction continue until June. That’s when
Columbia Public Schools has tapped Douglass High School Principal Eryca Neville to lead a new role focused on students who need learning options outside traditional classrooms. Neville steps into the executive director of alternative education position after nearly a decade as Douglass High’s top ad
Back in 1972, a federal rule called Title IX arrived to stop schools from treating boys and girls differently. At first, it mostly helped girls join sports and science classes on equal footing. Now the rule is at the center of a new fight—not over girls versus boys, but over how to treat students wh
Most people picture dementia care as round-the-clock supervision of memory loss and confusion. But a hidden workload exists before any symptoms even show up—managing doctor visits, sorting prescriptions, and arguing with insurance companies. A recent deep dive into research uncovered how ordinary fa
