May 29, 2025

Article

Funds

NEA cut funds to focus on ‘AI competency.’ This SMU AI project lost funds anyway

On May 2, Jennifer Benoit-Bryan opened a distressing email. “The National Endowment for the Arts will no longer offer award funding for the project … ” Benoit-Bryan, director at Southern Methodist University DataArts, said the research center for the arts will now need to put the AI project on hold indefinitely. The project focuses on

Read More
Crypto

2nd suspect surrenders in crypto kidnapping and torture case: Sources

A second suspect in the alleged kidnapping and torture of an Italian man in a luxury New York City apartment surrendered on Tuesday, police sources told ABC News. Like co-defendant John Woeltz, the second suspect is expected to face charges of kidnapping, assault and unlawful imprisonment, the sources said. The man turned himself in at

Read More
Crypto

Crypto entrepreneur arrested for allegedly torturing a man for weeks: Police

A crypto entrepreneur was arrested Friday after a tourist from Italy told police he was tortured in the suspect’s luxury apartment in New York City for more than two weeks, according to police. The alleged victim, 28, told police he arrived in New York from Italy on May 6 and went to the home of

Read More
Funds

EU will provide emergency funds to help keep Radio Free Europe afloat after US cuts

BRUSSELS — The European Union agreed Tuesday to provide emergency funds to help keep Radio Free Europe afloat after the Trump administration stopped grants to the pro-democracy media outlet, accusing it of promoting a news agenda with a liberal bias. Radio Free Europe/Radio Liberty started broadcasting during the Cold War. Its programs are aired in

Read More
Crypto

Senate advances legislation to regulate stablecoins, a form of cryptocurrency

WASHINGTON — The Senate has voted to move forward with legislation to regulate a form of cryptocurrency called stablecoins, two weeks after Democrats blocked the measure. Monday’s 66-32 procedural vote keeps one of President Donald Trump’s top legislative priorities on track for passage and highlights the growing political strength of the cryptocurrency industry, which spent

Read More
Loans

Interest rates for loans, mortgages aren’t falling. See when they might

If you’re wondering when interest rates on credit cards and car loans will start falling again, don’t hold you breath this week when the Federal Reserve’s policy committee meets. Interest-rate traders see little chance that the Fed will lower interest rates at the end of Wednesday’s meeting or the following one. That means Americans won’t

Read More
Crypto

Trump family crypto venture tapped as part of $2B Emirati-backed investment deal

An Abu Dhabi state-backed investment firm is making a major $2 billion investment in a crypto business deal that could serve as a major boost for Trump family crypto venture World Liberty Financial, according to Zach Witkoff, co-founder of World Liberty Financial. USD1, World Liberty Financial’s so-called “stablecoin” — a digital asset designed to maintain

Read More
Finance

How to protect your personal finances amid economic uncertainty over tariff plans

With economic uncertainty sweeping the nation, some may be considering what small but meaningful steps can be taken to protect their personal finances. According to Bola Sokunbi — author, financial educator and founder of Clever Girl Finance — stakeholders on Wall Street may not be the only ones whose pocket books are at risk of

Read More
Investors

Trump to hold meeting on possible investors to buy TikTok with possible ban at stake

LOS ANGELES — President Donald Trump will hold a Wednesday meeting with aides about possible investors who could buy a stake in TikTok, a deal that could potentially stop the social media site from being banned in the United States. The details of the meeting were confirmed by a person familiar with the situation who

Read More
Investors

Stock market today: Global shares skid as investors await more Trump tariffs

HONG KONG — Global shares were mostly lower Friday as investors mulled uncertainties brought by U.S. President Donald Trump’s latest tariffs. The future for the S&P 500 lost 0.4% and that for the Dow Jones Industrial Average retreated 0.2%. In Europe, Germany’s DAX declined 0.6% to 22,537.65 and the CAC 40 in France slid 0.5%

Read More
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent. View more
Accept
Decline