August 4, 2025

Latest headlines

Crypto

Crypto helps fuel $274M Trump war chest

Billionaires Elon Musk and Jeff Yass along with crypto industry donors helped President Donald Trump raise $236 million for his political operation in the first six months of 2025 — an unprecedented sum for a second-term president. The latest filings to the Federal Election Commission show that the fundraising haul, which includes donations to three

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Funds

Trump administration releases $1 billion in California frozen education funds – East Bay Times

California will receive nearly $1 billion in previously frozen federal education funds after the Trump administration reversed course amid growing outrage and concern about the impacts to students across the nation. The California Department of Education said Thursday evening it had received official grant award notifications for several federally funded programs, including programs supporting migrant students,

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Funds

Trump administration releases $1 billion in California frozen education funds – The Mercury News

California will receive nearly $1 billion in previously frozen federal education funds after the Trump administration reversed course amid growing outrage and concern about the impacts to students across the nation. The California Department of Education said Thursday evening it had received official grant award notifications for several federally funded programs, including programs supporting migrant students,

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Crypto

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

One of the suspects accused of engaging in a gruesome torture plot inside a SoHo townhouse to retrieve an Italian man’s Bitcoin password was released from Rikers Island on a $1 million bond Thursday, according to online jail records.  Jonathan Woeltz, 37, posted the mammoth sum a week after a Manhattan judge agreed to release

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Funds

Colorado to receive $67M in frozen education funding

The Trump administration will release about $67 million to Colorado’s K-12 school districts after freezing the money for nearly a month, a move that comes just weeks before the 2025-26 academic year begins. The funding freeze was set to upend the upcoming school year as districts had already budgeted the federal money and hired employees.

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Loans

New caps on federal student loans worry aspiring doctors

Twenty-year-old Eric Mun didn’t want to believe it: Only one kid in the family could make it to medical school — and it wasn’t going to be him. Mun had done everything right. He graduated high school with honors, earned a scholarship at Northwestern University and breezed through his biology courses. He immigrated to Alabama

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Crypto

Denver pastor, wife indicted in $3.4 million cryptocurrency scam

A Colorado pastor and his wife face dozens of charges connected to a cryptocurrency scam that investigators say they used to deceive and steal from their Christian community, according to the Denver district attorney’s office. Eli, who ran the online-only Victorious Grace Church, and Kaitlyn Regalado were indicted by a Denver grand jury on 40

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Investors

Aspen Lugano Diamonds CEO stole millions meant for diamonds

An Aspenite who sold a majority stake in his luxury jewelry company for $200 million in 2021 has been sued by two investors who accuse him of stealing more than $14 million. The lawsuit, filed last month in Pitkin County District Court, is the latest fallout from a financial scandal involving Lugano Diamonds, which has

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Investment

Americans putting money in investment income; FDA names former pharmaceutical company executive to oversee US drug program

New research finds that more Americans are shifting their money from checking and savings accounts into financial vehicles that pay an investment income. The trend helps to explain the resilience of the U.S. economy after a bout of high inflation and recent uncertainty due to tariffs. The analysis by the JPMorganChase Institute examined the accounts

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Funds

New budget proposal would cut NOAA funds by $387M

A new proposed federal budget from the U.S. House of Representatives would likely spare iconic research labs in Boulder but still leave a deep gash in funding. On Monday, the House appropriations committee unveiled a budget draft that would slash more than $387 million from the National Oceanic and Atmospheric Administration, or NOAA. That’s about

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