From Treasuries to Bitcoin, the pursuit of safety is reshaping how investors allocate and exit their capital. Unsplash+ In times of stress, wealth always chases after safety, but in 2025, the definition of “safe” has become much murkier. The investment landscape for high-net-worth (HNW) investors is undergoing a significant transformation, and the definition of safe
Google will invest $7 billion to officially build a data center in Cedar Rapids and expand cloud and artificial intelligence infrastructure in its Council Bluffs complex, more than doubling its existing investment in Iowa. State and city leaders say the May 30 announcement positions Iowa and Cedar Rapids as leaders in delivering AI technology to
Friday, 30 May 2025, 8:15 amPress Release: Payments NZ Open banking in Aotearoa New Zealand is taking a major leap forward, with the four largest banks, ANZ, ASB, BNZ and Westpac NZ, implementing another key industry standard that enables payments service providers and fintechs to offer new, more flexible payment options to their customers. Version
Fourteen people, including several Southern California residents, were arrested Wednesday, May 28, and accused of scamming the government out of more than $25 million in COVID-19 relief funds and federal small business loans, according to the U.S. Department of Justice. Two federal criminal complaints named 18 defendants, four of whom are believed to be in
A Redondo Beach man was charged last week in North Carolina after he allegedly posed as an investment adviser and defrauded victims of more than $4 million over the course of several years. Jon Patrick Kubler, 52, was indicted on charges of securities fraud and transactional money laundering after he allegedly provided investment planning and
HARTFORD, Conn. (AP) — A man says he was tortured for weeks in a New York townhouse. Another in Paris was held for ransom and his finger cut off. A couple in Connecticut were carjacked, beaten and thrown into a van. All, authorities allege, were victims tied to cryptocurrency-related crimes that have spilled out from
President Trump establishes Bitcoin Reserve — here’s what it means President Trump signed an executive order establishing a reserve of bitcoin the government already owns. An Elk River woman lost over $8,700 in a potential cryptocurrency scam involving a Telegram group chat. The woman invested in Bitcoin through a crypto.com account with the help of
“Criminal groups already comfortable with using violence to achieve their goals were always likely to migrate to crypto,” Ariss said. Some of the crypto’s key characteristics help explain why wealthy individuals who hold a lot of digital assets can be ripe targets for such attacks. Get Starting Point A guide through the most important stories
JERSEY CITY, N.J., May 27, 2025 (GLOBE NEWSWIRE) — Moomoo, a global investment and trading platform, is thrilled to announce its expansion into cryptocurrency trading with the upcoming launch of Moomoo Crypto, a comprehensive digital asset investment service for its U.S. users. The new U.S. Crypto’s plan to launch over 30 coins is an exciting
NEW YORK — Between collections resuming, courts blocking student loan programs and layoffs at the Education Department, borrowers might be confused about the status of their student loans. Recently, the Education Department announced it would start involuntary collections on defaulted loans, meaning the roughly 5.3 million borrowers who are in default could have their wages