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News
Scott Bessent says Treasury will buy up to $6B in long-term bonds
21+ hour, 17+ min ago (399+ words) Treasury Secretary scott bessent said the Treasury Department will buy back up to $6 billion of longer-term U.S. government bonds in an operation scheduled for Sept. 10, 2026. The Treasury’s preliminary announcement shows the operation will target securities maturing in the 10- to 20-year range…...
Retirement planning: 2026 rule changes and what savers need to know
1+ day, 21+ hour ago (303+ words) Retirement planning in 2026 centers on SECURE 2.0 implementation and new IRS limits that change who pays taxes, when withdrawals start and how much savers can put away this year. Congress’ SECURE 2.0 law and subsequent IRS guidance mean required minimum distributions generally…...
Peso mexicano steadies against the dollar as markets weigh mixed signals
1+ day, 11+ hour ago (263+ words) The peso mexicano was little changed near 16.91 per U.S. dollar on Wednesday as markets weighed mixed signals from Mexico’s budget package and U.S. inflation data. Trading updates show the currency trading flat around 16.91–16.97, a level cited by market commentaries as investors…...
Malone Lam pleads guilty in $245 million cryptocurrency RICO case
3+ day, 18+ 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,…...
Apple stock price near $316 on Sept. 9, per Apple investor page
3+ day, 20+ hour ago (234+ words) Apple stock price was near $316 on Sept. 9, with Apple’s investor relations page listing a closing price of $315.34 and a day’s open of $315.49 on that date. The Apple investor page shows the intraday high for Sept. 9 at $319.15 and an intraday low…...
Refinance rates hit 7% as oil prices surge amid Middle East tensions
4+ day, 19+ hour ago (607+ 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…...
Malone Lam pleads guilty to $245M cryptocurrency theft
4+ day, 20+ 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…...
Ravn X completes first autonomous taxi tests at Long Beach Airport
1+ week, 7+ hour ago (516+ 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…...
Social Security retirement age hits 67 in 2027 for those born in 1960 or later
1+ week, 1+ day ago (822+ 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…...
Canada loses 42,000 jobs in August, ending hot streak
1+ week, 1+ day ago (354+ words) Canada lost 42,000 jobs in August, ending a hot streak in the labour market that had added 181,000 positions over the previous four months, Statistics Canada reported Friday. The unemployment rate held steady at 6.4 per cent despite the decline. The job loss…...