May 23, 2025

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Finance

Ohio Influencer charged with fraud in Ponzi scheme

Con-artist who stole millions in Ponzi scheme sentenced to 18 years A globe-trotting con artist who defrauded 237 victims out of $24.5 million to fund a lavish lifestyle was sentenced to 18 years in federal prison. unbranded – Newsworthy Social media finance influencer Tyler Bossetti, 31, of Columbus, Ohio, faces federal charges for allegedly defrauding

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Funds

Trump’s team has disrupted some $430 billion in funds, Democrats say

By LISA MASCARO, Associated Press Congressional Correspondent WASHINGTON (AP) — The Trump administration has frozen, stalled or otherwise disrupted some $430 billion in federal funds — from disease research to Head Start for children to disaster aid — in what top Democrats say is an “unprecedented and dangerous” assault on programs used by countless Americans.

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Crypto

Inside Mastercard’s Plan to Build the Venmo of Crypto

As political tailwinds lift the crypto industry, Mastercard hopes to cash in on a bet it started years ago. The payments giant is looking to replicate its massive card network for the blockchain world to create a way for consumers, merchants, and financial institutions to transact digital assets. Doing so will require engineering leg work,

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Mortgage

Average US rate on a 30-year mortgage falls slightly

By ALEX VEIGA, AP Business Writer The average rate on a 30-year mortgage in the U.S. fell slightly this week, a welcome reversal for homebuyers in what is traditionally the busiest time of the year for the housing market. The rate fell to 6.65% from 6.67% last week, mortgage buyer Freddie Mac said Thursday. A

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