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News
Trump administration plans $500 Obamacare rebate checks for up to 1 million people
2+ day, 22+ hour ago (465+ words) eciks.org The Trump administration plans to send up to $500 rebate checks to as many as 1 million people who buy coverage through Obamacare, officials and downstream reporting say, a move described as targeted relief ahead of the midterm elections and…...
Malone Lam pleads guilty in $245 million cryptocurrency RICO case
2+ day, 20+ hour ago (286+ words) Malone Lam pleaded guilty on Sept. 8 to a racketeering conspiracy tied to a $245 million cryptocurrency RICO conspiracy, the U.S. Attorney’s Office for the District of Columbia said. The Justice Department announced that Lam, a 22‑year‑old Singaporean and recent Miami resident,…...
Malone Lam pleads guilty to $245M cryptocurrency theft
3+ day, 23+ hour ago (403+ words) Malone Lam, a 22-year-old Singaporean, pleaded guilty on September 8 in Washington, D.C. federal court to orchestrating one of the largest cryptocurrency thefts in U.S. history, admitting to stealing over $245 million in Bitcoin through a sophisticated social engineering scheme. Lam admitted to leading…...
Social Security Administration marks 91 years with service improvements
5+ day, 14+ hour ago (593+ words) Chris Martin is a US economics and current affairs journalist covering the intersection of policy, markets, and everyday financial life. With a background in financial reporting and a sharp eye for the stories behind the numbers, Chris brings clarity to…...
Trump administration's offshore wind buyouts reach $4 billion with RWE deal
1+ week, 5+ day ago (238+ words) The Trump administration’s offshore wind lease buyouts have reached nearly $4 billion following a $1.22 billion settlement with German energy company RWE announced in early August, marking the latest in a series of government payments to energy developers to abandon renewable energy…...
Trump announces US deal to control 65 billion barrels of Venezuelan oil
2+ week, 13+ hour ago (638+ words) eciks.org President Donald Trump announced Friday that the United States has reached a deal to control more than 65 billion barrels of Venezuela’s proven oil reserves, marking an unprecedented agreement that would give American authorities majority control of a foreign…...
Iran's economy deepens crisis as rial hits 2 million per dollar
2+ week, 6+ day ago (542+ words) Iran’s economy deepens crisis as rial hits 2 million per dollar eciks.org Iran’s rial plunged to 2 million per dollar on August 23, marking a historic low as the country’s economy deepens its crisis amid war, sanctions, and currency collapse. The milestone…...
HHS tightens food oversight with GRAS rule, ultra-processed food definition
3+ week, 2+ day ago (770+ words) Chris Martin is a US economics and current affairs journalist covering the intersection of policy, markets, and everyday financial life. With a background in financial reporting and a sharp eye for the stories behind the numbers, Chris brings clarity to…...
US debt hits record $39.99 trillion, Treasury data shows
3+ week, 3+ day ago (913+ words) Chris Martin is a US economics and current affairs journalist covering the intersection of policy, markets, and everyday financial life. With a background in financial reporting and a sharp eye for the stories behind the numbers, Chris brings clarity to…...
Moderna wins FDA approval for first mRNA flu vaccine
3+ week, 4+ day ago (518+ words) Chris Martin is a US economics and current affairs journalist covering the intersection of policy, markets, and everyday financial life. With a background in financial reporting and a sharp eye for the stories behind the numbers, Chris brings clarity to…...