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Chocolate Inflation Soars Across Europe
Global cocoa shortages drive record chocolate price hikes, with Poland and Turkey seeing peak increases. Supply chain vulnerabilities expose consumer markets.
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Retirement Length: Most Americans Underestimate Lifespan
A new survey reveals widespread ignorance about life expectancy at 65, with major implications for retirement planning. Experts urge longer financial projections.
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71-Year-Old Admits Theft of $1.13M from US Treasury
Eric Banks, 71, pleads guilty to stealing a $1.13M U.S. Treasury check and laundering millions through fake entities. Seven others charged in related scheme.
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Former Morgan Stanley Advisor Convicted in NBA Player Fraud
Daryl Cohen, ex-Morgan Stanley and Wells Fargo advisor, sentenced for defrauding three NBA players of $5M through fake insurance schemes and illicit fund transfers.
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Canmore’s Livability Tax Survives Appeal
Alberta's highest court upholds Canmore's vacant home levy targeting part-time owners to combat housing shortages and boost community livability.
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MetaComp Raises $35M to Expand Web2.5 Financial Platform
Singapore-based fintech MetaComp secures $35M in Pre-A+ funding to scale its hybrid fiat-stablecoin platform across Asia and emerging markets.
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Custodia Loses Fed Master Account Battle as Kraken Gains Access
Crypto bank Custodia loses final court appeal against the Federal Reserve's master account authority, just as Kraken secures limited access. The Fed is developing a broader framework for crypto firms.
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Judge Blocks DOJ Probe of Federal Reserve
A federal judge rules no evidence supports DOJ's investigation into the Fed, citing political pressure on Chair Jerome Powell. The decision sparks debate over central bank independence.