Theodore Gillibrand's venture raises $30 million The American Perpetuals Exchange Corp, a fintech startup founded by Senator Kirsten Gillibrand's son, has secured funding from over 30 investors. The majority of investors contributed $5,000 to $10,000 each. The co
XRP climbs 8% as record holder losses signal better risk XRP has risen about 8% over the past week to roughly $1.14. The token's 30-day and 365-day MVRV ratios sit near -45% and -47%, lows never reached before. This capitulation phase may offer an attractiv
Ukrainian drone strikes cripple Russian refining capacity, forcing rare fuel imports from Japan via South Korea. Russia will import at least 200,000 barrels of jet fuel from Japan, marking a rare reversal for one of the world’s top oil producers. The cargo, set to load in
ESMA clarifies existing restrictions on binary options apply to event contracts amid rising prediction market activity in the EU. The European Securities and Markets Authority (ESMA) reiterated that many prediction market event contracts are already prohibited for retail i
Quick Read - A $1.4 million traditional IRA triggers a mandatory $53,000 RMD at age 73, calculated using the IRS Uniform Lifetime Table divisor of 26.5. - Stacking the RMD on Social Security pushes single filers past the $50,400 threshold into the 22% bracket, also risking IRMAA...</stron
The attack killed 27 people and spurred Western calls for stricter measures against Moscow as NATO prepares for a critical meeting. Russia conducted one of its largest airstrikes on Kyiv this year, killing at least 27 people and wounding scores more. The July 2 assault tar
Payment networks and fuel retailers alert merchants to fines and contract risks amid a multi-state enforcement push against illicit vape transactions. Payment processor Fiserv and fuel retailers including BP have notified U.S. store owners to stop selling illegal vapes or
LONDON, July 3 Payments platform Fiserv and service station operators including BP have warned their U.S. partners and store owners not to deal in illegal vapes or risk heavy fines as a consequence, notices seen by Reuters show. A coalition of state and city law enforcemen
UK regulator penalizes auditor and partner for breaches in 2021 SRG audit, linked to retailer's later administration. The UK Financial Reporting Council imposed a £577,125 fine on Forvis Mazars and a £33,412 penalty on audit partner David Allen for serious audit failings r
A 21-year-old American faces espionage charges in Israel after allegedly spying for Iran and receiving cryptocurrency payments. A 21-year-old American man, Eli Lavon, has been indicted in Israel on espionage charges, marking the first case involving a U.S. citizen in a bro
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