June 15, 2025

News

Investment

California man indicted after allegedly stealing more than $4 million in investment scheme – The Mercury News

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

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Finance

George Santos treasurer sentenced to probation for conspiracy

CENTRAL ISLIP, N.Y. (AP) — George Santos′ former campaign treasurer was sentenced Wednesday to three years’ probation for her role in fabricating campaign finance reports for the disgraced ex-congressman from New York. Nancy Marks, addressing a federal judge on Long Island, said she’d learned from her mistakes, walked away from politics and started her life

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Investors

What investors need to know right now

Adria Cimino  |  The Motley Fool Foxconn plans huge Taiwan AI data center with Nvidia Taiwan’s Foxconn, the world’s largest contract electronics maker, said on May 20 that an artificial intelligence center it announced with Nvidia will be built in phases and is targeted to have 100 megawatts of power. All eyes are on Nvidia

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Mortgage

Mortgage rates rose to the highest level since January, but demand from homebuyers still grew. Here’s why. – NBC Los Angeles

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances increased to 6.98% from 6.92% Applications to refinance a home loan fell 7% for the week. Mortgage applications to purchase a home were 2% higher last week than the previous week. Mortgage rates rose for the third straight week last week to

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Investment

‘We need serious investment’ – West Midlands Police Chief joins stark warning as prisoners are released early

Chief Constable Craig Guildford is among six of the UK’s most senior police chiefs who say they needed a larger workforce and called for “serious investment”.  He joins Metropolitan Police commissioner Sir Mark Rowley, NPCC chairman Constable Gavin Stephens, and the chiefs of Merseyside, Greater Manchester and West Yorkshire police in citing the “increasing public

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Funds

SC state police not probing 4 clerks for taking federal cash

A year after a Post and Courier investigation revealed that six clerks of court across South Carolina paid themselves with federal money marked for efforts to recover child support payments, criminal charges have been filed against one. So far, however, the others seem to have escaped similar scrutiny. The State Law Enforcement Division previously opened

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Finance

Finance expert: Artificial intelligence is now | News

Triple J Enterprises chief financial officer Chris Duenas on Tuesday addressed his fellow Rotary Club of Tumon Bay members to share with them that artificial intelligence, or AI, has value in every industry on Guam. He said the industry is moving so fast, and even those who make a living learning AI can’t keep up,

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Funds

Judge blocks feds from withholding NY State funds in congestion pricing fight

A Manhattan federal judge issued a temporary restraining order Tuesday blocking the federal government from withholding funding from New York State in the ongoing battle over New York City’s congestion pricing. Judge Lewis Liman ruled early Tuesday afternoon that the order would be in place until 5 p.m. on June 9, and would enjoin the

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Crypto

NYPD arrests second suspect in SoHo crypto-kidnapping where victim was tortured

A second suspect in the kidnapping and torture of an Italian man inside a luxurious SoHo apartment in a failed bid to get him to give up his cryptocurrency password was criminally charged Tuesday after turning himself in to authorities, police said. William Duplessie, 33, surrendered at 7:45 a.m. to cops at the 13th Precinct

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Investors

Asia-Pacific markets trade mixed as investors assess Trump’s tariff plans – NBC 5 Dallas-Fort Worth

This is CNBC’s live blog covering Asia-Pacific markets. Asia-Pacific markets traded mixed Tuesday as investors continued to assess global trade climate with U.S. President Donald Trump deferring 50% tariffs on European Union imports. Japan’s benchmark Nikkei 225 fell 0.21% while the broader Topix index was flat. In South Korea, the Kospi index declined 0.45%, reversing course from its three-month high in Monday’s session,

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