May 7, 2025

business

Investors

California attorney sentenced to prison for scamming investors out of $8.7 million to finance lavish lifestyle

A Newport Beach attorney who admitted that she swindled investors out of $8.7 million in order to bankroll her lavish lifestyle and high-rolling gambling habit was sentenced Monday, May 5 to one year and nine months in federal prison. A luxuriant lifestyle of high-end jewelry, luxury cars, a six-month stay at a opulent Las Vegas

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Finance

Japan’s finance minister calls US Treasury holdings ‘a card’ in tariff talks with Trump

TOKYO (AP) — Japan’s massive holdings of U.S. Treasurys can be “a card on the table” in negotiations over tariffs with the Trump administration, Finance Minister Katsunobu Kato said Friday. “It does exist as a card, but I think whether we choose to use it or not would be a separate decision,” Kato said during

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Mortgage

Mortgage rates dipped. Is it enough help the housing market?

How to use a bolt, nut, screw gauge Using a bolt, nut and screw gauge takes the guesswork out of your project, helping you quickly identify the exact size you need. Rates for home loans dipped, but consumers’ economic uncertainty continues to weigh down the housing market. In the week ending May 1, 30-year fixed-rate

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Loans

Farm agency to require DOGE approval for some loans

WASHINGTON >> Farm loan employees at the U.S. Department of Agriculture’s Farm Service Agency will now need approval from billionaire Elon Musk’s Department of Government Efficiency to issue loans over $500,000, according to a memo seen by Reuters on Wednesday. DOGE has led President Donald Trump’s effort to slash the federal workforce and cut spending.

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Finance

Ohio Influencer charged with fraud in Ponzi scheme

Con-artist who stole millions in Ponzi scheme sentenced to 18 years A globe-trotting con artist who defrauded 237 victims out of $24.5 million to fund a lavish lifestyle was sentenced to 18 years in federal prison. unbranded – Newsworthy Social media finance influencer Tyler Bossetti, 31, of Columbus, Ohio, faces federal charges for allegedly defrauding

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Crypto

What is cryptocurrency? A guide for beginners

New York Post may be compensated and/or receive an affiliate commission if you click or buy through our links. Featured pricing is subject to change. A bumpy stock market and rising geopolitical tensions have lately pushed investors toward safe haven investments like gold or government bonds – but what about cryptocurrency? Bitcoin, the pioneering digital

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Banking

ANZ to scrap internet banking passwords for one million ANZ Plus customers in Australia-first security move

One million Australians will soon be internet banking without a password. ANZ Bank is scrapping the security feature for ANZ Plus customers as it rolls out internet banking to them within months and replacing password protection with two other methods, the bank revealed on Thursday. ANZ Plus is already a totally digital banking service launched

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Mortgage

Mortgage demand drops as would-be homebuyers wary of US economy

Homebuyers continued to retreat last week despite relatively stable mortgage rates as broader concerns about the economy and labor market weighed on demand. Mortgage applications to purchase a home fell 4% from the previous week, according to the Mortgage Bankers Association — marking the slowest pace of activity since February. The seasonally adjusted index showed

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Finance

Ohio finance influencer federally charged in $11 million Ponzi scheme

Top headlines of the week, April 25 2025 Here are some stories you may have missed this week in central Ohio. Social media finance influencer Tyler Bossetti, 31, of Columbus, faces federal charges for allegedly defrauding investors of over $11 million. Bossetti promised high returns on investments for property flipping but federal prosecutors say he

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Investment

$100B US investment hinges on federal support

Nichola Groom  |  Reuters April 29 — Manufacturers and developers of U.S. energy storage projects said their industry will invest $100 billion this decade to create a wholly domestic battery supply chain, but warned the goal was contingent on support from Washington. The American Clean Power Association, a trade group that represents energy storage companies, said

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