In a shocking turn of events, a bookkeeper named Lori Jakubowski has been accused of stealing a whopping $2. 5 million from Fresco by Scotto, a well-known Italian restaurant in New York City. This heist took place over seven long years, with Jakubowski creatively siphoning money in various ways. She
A recent investigation into banks cutting off services to certain customers has wrapped up with little to show. The Office of the Comptroller of the Currency, led by Trump appointee Jonathan Gould, looked into claims that banks were unfairly denying services based on political beliefs. This came aft
China has taken another step to tighten its grip on digital currencies. This time, the focus is on tokenizing real-world assets. This move comes after years of strict rules on cryptocurrencies. In 2017, China banned initial coin offerings and domestic exchanges. By 2021, the country had completely o
Trust Wallet, a popular crypto wallet, has teamed up with Revolut, a big name in digital banking, to make buying crypto easier for people in Europe. This new feature lets users buy Bitcoin, Ethereum, and Solana directly through the Trust Wallet app, using Revolut's services. The minimum amount you
Health care is a big deal. It's something we often don't think about until we need it. But in the U. S. , it's become a political football, with Democrats and Republicans stuck in a tug-of-war. Democrats want to make sure everyone has health coverage, but they're worried about the price tag. Some w
Surf, a platform using AI to analyze digital assets, just got a big financial boost. They raised $15 million, with Pantera Capital leading the charge. Coinbase Ventures and DCG also pitched in. This cash is for Surf 2. 0, which will bring fancier models and more data. Surf's tools help exchanges an
Big banks in the U. S. have been acting suspiciously. They've been limiting or even cutting off services to certain businesses, not because these businesses are risky, but because they don't like them. This includes crypto firms, among others. This isn't new. Back in 2013, there was something calle
The Federal Reserve is at a crossroads. Not only is it grappling with the complex task of deciding interest rates, but it's also facing a leadership change. Jerome Powell's term as chair is ending in May, and President Trump is on the hunt for a replacement. Trump has been vocal about his desire fo
In the latest Spenser novel, readers dive into a story that mirrors today's hot topics. The book, written by Mike Lupica, tackles issues like immigration and media influence through the lens of Boston's favorite private investigator. Spenser, along with familiar faces like Hawk and Susan Silverman,
Apple's App Store has come under fire for allowing apps linked to U. S. -sanctioned entities to operate undetected. A recent report from the Tech Transparency Project identified 52 apps connected to organizations on the Treasury Department's Specially Designated Nationals (SDNs) list. These entities
