A strange investment blunder might have cost the United Auto Workers union a colossal $80 million, according to a report on Monday. The union’s board voted in August 2023 to liquidate about $340 million in stock investments to pay striking workers starting the following month, and ordered the remaining funds be quickly re-invested after the
An investor claims that a fraudulent online trading school in downtown Denver has partnered with a fake cryptocurrency exchange in Cherry Creek to rob him of $860,000. Brian Firestone of Florida says he was approached in December by a man named John Smith with the Alpha Stock Investment Training Center. Smith offered to teach Firestone
Barron Trump, the youngest son of the 47th President, may have raked in millions of dollars from the sale of crypto tokens linked to the family’s lucrative venture into digital tokens, according to a report. The 19-year-old New York University student could have picked up a cool $40 million — $25 million after taxes —
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Anna Hider | President of Business Banking, KeyBank Small businesses are the heart of the U.S. economy. While many continue to succeed, today’s uncertain environment may require more tenacity and flexibility to thrive. From supply chain disruptions to rising costs, owners face tough decisions about how to grow, maintain status quo or
U.S. Small Business Administration (SBA) Administrator Kelly Loeffler At a visit to a river sports business in Pisgah National Forest, the Small Business Administration’s Kelly Loeffler pointed to its impact post-Helene. Small Business Administration leader Kelly Loeffler visited Pisgah National Forest June 19. Small Business Administration loans kept some businesses afloat post-Helene, one business owner
June 19 (UPI) — The Department of Justice has filed a civil forfeiture complaint to seize $225.3 million for victims involved in cryptocurrency scams. The complaint, filed Wednesday, alleges that the cryptocurrency addresses that held over $225.3 million were part of a sophisticated blockchain-based money laundering network. “Civil forfeiture complaint is the latest action taken
Open banking isn’t just a regulatory shift – it’s a generational opportunity. For the UK, one of the most digitally connected economies in the world, it offers a pathway to make managing money simpler, smarter, and more rewarding. It holds the promise for consumers to move money instantly, access better financial tools, switch providers effortlessly,
Wisconsin farmers and producers across the Midwest had more debt and less capital to start the year, increasing the stakes for the 2025 crop. The Federal Reserve Bank of Chicago, which covers southern and eastern Wisconsin along with states like Illinois and Iowa, and the Federal Reserve Bank of Minneapolis, which represents western and northern Wisconsin in
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