The public has been cautioned by the Hong Kong Securities and Futures Commission (SFC) about Quantum AI, an organization that is suspected of carrying out fraudulent activities involving virtual assets and pretending to be Elon Musk.
Legal & Regulatory
Scam Warning: This is the Most Common Time People Were Likely to Get Victimized
According to a survey conducted on over 3,000 individuals in the UK who have been targeted by fraud in the last two years, it was discovered that 43 percent of them fell victim to scams during a specific time of day.
Chuck Schumer Calls on FTC to Halt Chevron-Hess $53 Billion Merger
Chuck Schumer's call to action is based on his concern that such mergers could grant oil giants excessive influence over gas prices, leading to potential price increases that would impact consumers.
AT&T, Verizon, and T-Mobile to Pay $10 Million Settlement Over Misleading Claims About ‘Unlimited’ Plans
AT&T, Verizon, and T-Mobile will pay $10.25 million to settle a lawsuit alleging they lied about their "unlimited" and "free" plans.
RBNZ Expects 2.3% Drop in New Zealand’s Q2 Inflation Rate
The Reserve Bank of New Zealand is expected to report a drop in its second quarter 2024 interest rates, which could be estimated to be at 2.3%.
Latest News
Former UK Chancellor Nadhim Zahawi admitted paying nearly £5 million to authorities to resolve tax affairs following an inquiry into a multi-million-pound settlement with HMRC over YouGov shares, maintaining it was non-deliberate.
New Social Security Administration regulations aim to boost benefits and redefine assistance criteria, potentially alleviating financial burdens for millions of SSI and SNAP benefits recipients.
Atlanta Federal Reserve President Raphael Bostic has reportedly indicated that the US economy is likely slowing down, which could prompt interest rate cuts this year.
The price transparency law of California will take effect on July 1. Here's what you need to know.
A lawsuit has been filed against the carmaker by the widow of a man who tragically lost his life in a car accident involving a Tesla.
A lawsuit filed by Elon Musk's X against Israel's Bright Data has been dismissed by a federal judge in California.
US District Court Fort Worth judge Mark Pittman blocked the new rule imposed by the Consumer Financial Protection Bureau capping credit card late fees at $8.
North Korea imposes strict regulations on fashion and appearance, with a particular focus on banning red lipstick.
White House officials said the Biden administration would impose a massive tariff increase on Chinese electric vehicles in an announcement on May 14.
