August 12, 2025

general news

Crypto

Suspect in NYC crypto kidnapping case released on $1 million bond

NEW YORK (AP) — A crypto investor charged with kidnapping an Italian man in a Manhattan townhouse for days in order to steal his Bitcoin was released Thursday on $1 million bond, according to prosecutors. John Woeltz was fitted with an electronic monitor and ordered to home confinement during an appearance in Manhattan criminal court,

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Investment

NYC gunman left police officer, an exec victims in shooting

NFL Commissioner Roger Goodell said in a memo to staff that an employee at the league’s headquarters was seriously wounded and in stable condition at a hospital but all other workers were safe. He did not name the person. Get Starting Point A guide through the most important stories of the morning, delivered Monday through

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Funds

Shaolin Temple leader investigated on suspicion of embezzling funds

BEIJING — China’s famous Shaolin Temple announced on Sunday that its abbot is under investigation on suspicion of misappropriation and embezzlement of project funds and temple assets. Shi Yongxin is alleged to have committed criminal offenses and violated Buddhist precepts by maintaining relationships with multiple women over a long period and fathering at least one

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Crypto

House sends bill regulating stablecoins to Trump

WASHINGTON (AP) — The House has passed three bills intended to boost the legitimacy of the cryptocurrency industry with new regulations as President Donald Trump has pushed to make the U.S. the “crypto capital of the world.” One of the bills, which would regulate a type of cryptocurrency called stablecoins, had already passed the Senate

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Crypto

House votes on cryptocurrency bills aimed at legitimizing the industry

WASHINGTON (AP) — The House is voting on a trio of bills Thursday intended to boost the legitimacy of the cryptocurrency industry with new regulations as President Donald Trump has pushed to make the U.S. the “ crypto capital of the world.” One of the bills, which would regulate a type of cryptocurrency called stablecoins,

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Funds

Trump’s bid to claw back $9B in foreign aid and public broadcasting funds nears Senate vote – WHIO TV 7 and WHIO Radio

WASHINGTON — (AP) — President Donald Trump’s request to cancel about $9 billion in foreign aid and public broadcasting spending is nearing passage in the Senate, an action that would have a tiny impact on the nation’s rising debt but could have major ramifications for future spending fights in Congress. Spending bills generally need bipartisan

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Investors

World shares are mixed as investors focus on tariffs and earnings

BANGKOK — World shares were mixed on Monday as investors focused on tariffs and corporate earnings updates. An announcement over the weekend by U.S. President Donald Trump that he plans 30% tariffs on goods from Mexico and the European Union had a modest immediate impact, as analysts said they expected progress toward trade deals before

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Finance

French police raid far-right National Rally headquarters in finance probe

PARIS — French police raided the headquarters of a far-right party National Rally on Wednesday, seizing documents and accounting records, the party’s leader said, as part of a sweeping campaign finance inquiry. Prosecutors said they are investigating allegations of illegal financing of longtime party leader Marine Le Pen’s 2022 presidential bid, and the party’s European

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Investors

Investors snap up growing share of US homes

All told, investors bought 265,000 homes in the January-March quarter, an increase of 1.2% from the same period a year earlier, the firm said. Despite the modest annual increase, the rise in the share of investor home purchases is more a reflection of how much the housing market has slowed as traditional buyers face growing

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Banking

Brazil police arrest suspect in $100M banking hack

SAO PAULO (AP) — Police in Brazil arrested a suspect in connection with a cyberattack that diverted more than 540 million Brazilian reais (about $100 million) from the country’s banking systems, authorities said Friday. The breach affected Brazil’s widely used instant payment system, known as PIX, which is used by 76.4% of the population. Hackers

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