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Bankrupted Bitcoin Company Starts Repaying $9 Billion Worth of Crypto to Creditors

Mt. Gox, the defunct Japanese Bitcoin exchange, has begun reimbursing creditors with Bitcoin and Bitcoin Cash, starting with 140,000 Bitcoins recovered out of approximately 950,000 lost.


US Adds Over 200K Jobs in June as Unemployment Rate Hits 4.1%, Highest Since 2021

In June, the US labor market added 206,000 jobs while the unemployment rate rose to 4.1%, the highest since 2021, indicating potential underlying challenges despite positive job growth.

Brazil's Former President Jair Bolsonaro Indicted in Money Laundering: Report

Brazil's former president Jair Bolsonaro was indicted by the country's Federal Police for alleged money laundering and criminal association.

Disney Heiress Plans to Halt Donations to Democrats Unless Joe Biden Drops Out

President Joe Biden faces pressure from prominent donors within his party, including Disney heiress Abigail Disney, who announced she would cease funding to the Democratic Party.


Latest News

UK Stocks on the Rise as Keir Starmer's Labour Party Wins General Election
The British pound and several UK-based stocks and government bonds have arisen after the Labour Party won a landslide victory in the country’s general election.
Samsung Records Unexpected Profit Gain, Cites AI Boom's Impact on Chip Prices
Samsung estimated that it made a meteoric 15-fold rise in its second quarter operating profit, which it said was better than its expectations.
restaurant
California Gov. Gavin Newsom signed a bill allowing restaurants to collect service charges despite SB 478, which shields consumers from "junk fees."
Walmart faces a class action lawsuit alleging misleading and unjust pricing by charging customers more than required.
Philippines Demands $1 Million Payment from China over June 17 Incident
The Philippines demanded a payment worth $1 million in damages from China following an altercation in the South China Sea on June 17.
Tesla Spends Millions in Advertising Despite Elon Musk Hating It, But Why?
Tesla's short sellers lost $3.5 billion after the firm announced better-than-expected electric car sales this week.
Ray Kurzweil Hopes to Reach 'Singularity' by Merging with AI
Computer scientist, futurist, and artificial intelligence advocate Ray Kurzweil is optimistic that he will become one with the 'Singularity’ by his eventual death.
Baltimore Business Offers to Sell Watches Using Pieces of Collapsed Bridge
Local watchmaker Tsao Baltimore recently acquired a portion of scrap metal that was once the Francis Scott Key Bridge in an effort to keep its memory alive.
Social Security Falls Short for Gig Workers' Retirement Needs—What's the Solution?
Social Security taxes alone are insufficient to provide gig workers with a secure retirement, prompting discussions on alternative strategies to ensure their financial stability in later years.
New Zealand Tourist, Wife of Businessman Doug McKay, Killed in Southern California Robbery
A New Zealand tourist, identified as the wife of prominent businessman Doug McKay, was tragically killed during a robbery attempt in Southern California.
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