A brutal sell-off in Bitcoin, exacerbated by Federal Reserve uncertainty and weak tech earnings, triggered massive withdrawals from U.S. spot Bitcoin ETFs, casting doubt on near-term price targets.
Federal prosecutors unseal indictments against the CEO and senior vice president of First Brands Group, alleging a complex financial fraud that contributed to the company's recent bankruptcy.
Bitcoin's sharp retreat to $81,000 on Thursday, following the Federal Reserve's latest policy announcement, resulted in massive leveraged position liquidations and sent shockwaves through correlated equities.
Two Hasbro investors have filed a federal derivative lawsuit, accusing the company's leadership of deliberately overproducing Magic: The Gathering cards to mask weaknesses in other divisions, a move they claim devalued the collectible game and misled shareholders about its true financial health.
A routine commute in Minneapolis turns into a biometric checkpoint, spotlighting the advanced surveillance tools—from facial recognition apps to vast data networks—now central to federal immigration enforcement. As operations intensify, questions mount over privacy, oversight, and the line between targeted enforcement and dragnet surveillance.
A Minnesota man was taken into federal custody at a Brooklyn detention center after authorities say he impersonated an FBI agent in a failed attempt to secure the release of high-profile inmate Luigi Mangione, allegedly using unconventional 'weapons' including a barbecue fork.
A Minnesota pizza worker's audacious and poorly executed scheme to impersonate a federal officer and secure the release of Luigi Mangione, the man accused of assassinating a healthcare CEO, has resulted in his own arrest at a Brooklyn detention center.
Federal officials have issued provisional approval to relocate 30 beluga whales and four dolphins from the shuttered Ontario park to accredited U.S. aquariums, averting an immediate euthanasia threat pending final health and care plans.
Federal authorities have lodged an immigration detainer for a man charged with the brutal rape of an autistic teenager in Cathedral City, calling the case 'exceptionally heinous' and urging California officials to cooperate.
President Donald Trump is expected to nominate Kevin Warsh, a former Federal Reserve governor with a notably more open stance toward Bitcoin, to lead the central bank. The anticipated move has already triggered market reactions and reshaped expectations for U.S. monetary policy.
A brutal sell-off wiped nearly $10,000 from Bitcoin's value, pushing it perilously close to its November low. The sharp decline, which triggered over $1.75 billion in liquidations, coincides with speculation of a major leadership change at the U.S. Federal Reserve.
President Donald Trump is set to announce his nominee for Federal Reserve Chair on Friday, with multiple reports indicating former Fed governor Kevin Warsh is the leading candidate to succeed Jerome Powell, a move already rippling through currency markets.
The iconic Berkeley-born coffee chain Peet's is closing dozens of locations across California, including in Southern California and the Bay Area, as part of a strategic realignment following its acquisition by Keurig Dr Pepper. The move, affecting hundreds of employees, has drawn sharp criticism from workers and union representatives.
President Trump is expected to nominate former Fed governor Kevin Warsh as the next Federal Reserve Chair, a move that could signal a pivot toward aggressive rate cuts paired with a reduction of the central bank's balance sheet, reshaping the landscape for markets and cryptocurrencies.
With his term winding down, Federal Reserve Chair Jerome Powell offered rare, pointed advice to his eventual successor during a recent press conference, emphasizing the imperative of maintaining the central bank's independence from political influence.
Gold prices resumed their upward trajectory Friday, shaking off a volatile session as threats to global stability and expectations of a dovish Federal Reserve pivot continue to drive the historic surge in bullion.
The data analytics firm's quarterly results soared past estimates, fueled by surging government contracts. CEO Alex Karp touts 'iconic' performance while facing renewed scrutiny over the company's role in immigration enforcement.
The Texas-based independent theater chain LOOK Dine-In Cinemas has permanently closed its doors in Downey, Redlands, and Monrovia, leaving employees jobless and highlighting the ongoing struggles of mid-sized cinema operators against shifting consumer habits and streaming dominance.
A federal jury has found Brendan Banfield guilty on multiple counts, including aggravated murder, for the 2023 killings of his wife and a stranger—a crime prosecutors tied to a fabricated BDSM website profile and an affair with the family's au pair.
A new federally-backed investment vehicle for minors, dubbed 'Trump Accounts,' launches next month. Children born through 2028 could receive a $1,000 government contribution, with financial experts highlighting its potential to build a significant nest egg for education and retirement.
