Business

S.E.C. Accuses Prominent Georgia Republican of Running Ponzi Scheme  The New York Times SEC accuses GOP-linked Georgia lender of $140M Ponzi scheme  AJC.com Georgia Republican apologizes for $140M Ponzi scheme as judge freezes assets  AP News Georgia man accused by SEC of perpetrating Ponzi scheme says he takes ‘full responsibility’ for his actions  Fox News SEC charges Georgia lending firm in $140M Ponzi scheme  FOX …

By GERMANIA RODRIGUEZ POLEO, CHIEF U.S. REPORTER Published: 19:26, 11 July 2025 | Updated: 20:37, 11 July 2025 The Pentagon has sparked fears of an upcoming World War after it bought $400million in rare earth materials stock that are key to military weapons. The purchase means the Defense Department will now be the largest shareholder in MP Materials, America’s only …

Key takeaways BNB chain burnt 1.59 million tokens and has removed over 30% of the supply since 2022. But is it enough to push the BNB price to $800?  BNB chain has burned 1,595,599.78 Binance [BNB] tokens worth $1 billion as part of its quarterly disinflation program.  Per the network, this was the 32nd burn, and over 60.7 million tokens …

What two new market moves say about U.S. rare earth minerals  Axios The Pentagon is taking a big stake in a rare earth mining company, sending the stock up 60%  Business Insider Pentagon to become rare earth mining company’s largest stockholder  Washington Technology Australian rare earth stocks soar on MP Materials’ multi-billion US deal  Reuters Pentagon to Take Stake in Rare-Earth Company, Challenging China’s …

If you’re over seeing what you could buy on Amazon but still want to shop good sales, this is the story for you. We’ve hunted the web for all the sales going on with small businesses we love, ranging from outdoor pizza ovens to the best iPhone accessories, and even some local bookstores. Shop all the sales below that are …

A view shows a bronze seal beside a door at the U.S. Treasury building in Washington, U.S., January 20, 2023.  Kevin Lamarque | Reuters The U.S. government posted a surplus in June as tariffs gave an extra bump to a sharp increase in receipts, the Treasury Department said Friday. With government red ink swelling throughout the year, last month saw …

Cognition’s AI coding agent Devin has scored a major customer: Goldman Sachs, the bank’s CIO, Marco Argenti, told CNBC. “We’re going to start augmenting our workforce with Devin, which is going to be like our new employee,” Argenti told the outlet, adding that it plans to roll out hundreds of instances of Devin, potentially growing to thousands. The bank currently …

In brief Bitcoin hit new highs on Thursday and Friday. Coinbase, major miners, and a number of Nasdaq-listed crypto companies also shot up. BlackRock’s spot Bitcoin exchange-traded fund hit a record high during the week. The share prices of crypto-focused companies jumped this week amid the wider market upturn that sent Bitcoin to multiple all-time highs and despite a lull …

Exclusive | Kraft Heinz Is Planning a Breakup  The Wall Street Journal Kraft Heinz explores grocery business spinoff worth up to $20 billion, source says  Yahoo Finance Kraft Heinz is reportedly weighing a breakup. Some analysts have already said it should ‘slim down.’  MarketWatch Kraft Heinz Is Preparing to Break Itself Up  Bloomberg Kraft Heinz Might Split Up, Report Says. What Investors Need to …

Kraft Heinz is reportedly considering a spinoff of a large chunk of its grocery business as health-conscious American consumers increasingly shy away from processed foods.  The $31 billion food and beverage conglomerate, born out of the 2015 merger of Kraft and Heinz, is said to be mulling the creation of a new entity that would include many Kraft products and …