June 30, 2025

general news

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

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Investment

Elon Musk’s pullback from politics comes after his last big investment was a flop

Democrats in the swing state said Musk’s comments show that a party-led effort in this spring’s election, dubbed ” People vs. Musk, ” succeeded in making Musk and his money “toxic.” “The people have won,” said Wisconsin Democratic Party Chairman Ben Wikler. “The biggest funder in Republican politics is taking his toys and going home.”

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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

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Crypto

France is tackling a crypto kidnapping wave denting its image and a potential presidential contender

PARIS — Having chopped a finger from their hostage, the kidnappers were preparing to drill one of his knees, France’s interior minister subsequently recounted. Quick work by French police freed the father of a wealthy cryptocurrency entrepreneur from the gruesome ordeal. Although the kidnapping this month ended with a police raid and seven suspects in

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Loans

A guide to student loans as the Education Department begins collections

NEW YORK (AP) — 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

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Banking

British banking analyst sentenced to a decade in Saudi prison, apparently over a tweet

DUBAI, United Arab Emirates (AP) — A British Bank of America analyst has been sentenced to a decade in a Saudi Arabian prison apparently over a since-deleted social media post, according to his lawyer. The family of Ahmed al-Doush believes the charges against him stemmed from a deleted 2018 tweet about Sudan that did not

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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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Funds

‘I really do not need the funds.’ I’m 72 and facing RMDs in mere months, but I don’t need the money or want the taxes. What’s my move?

Question: “I will turn 73 in June and I don’t know when I should take my first RMD. I really do not need the funds and would like to move them from the present 401(k) account and open a Roth account. My concern is that I’m not sure what my options are to pay the

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Crypto

Bitcoin and other cryptocurrencies see prices fall amid global market turmoil

After holding relatively stable during last week’s global market turmoil, cryptocurrencies have joined the sell-off. Bitcoin, the world’s most popular cryptocurrency dipped below $75,000 Monday morning before seeing a slight rebound. Bitcoin’s prices haven’t been this low since just after President Donald Trump’s Election Day victory last year launched a bull run in crypto prices.

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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

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