Roger Ver, the cryptocurrency advocate known as “Bitcoin Jesus,” has paid nearly $50 million to resolve a US tax evasion indictment without having to admit he committed a crime.

Resurgent trade tensions slammed Wall Street anew Tuesday, sending stocks, crypto and oil lower while reinforcing a bid for the safest corners of the market from haven currencies to gold.

The artificial intelligence debt boom has come to the junk-bond market.

The chairman of Cambodian conglomerate Prince Group was charged Tuesday by the US with running a “sprawling cyber fraud empire” that led to the seizure of Bitcoin worth about $15 billion in what prosecutors called the largest ever forfeiture action.

Amid growing criticism about its role in crypto’s biggest crash, Binance said it will distribute an additional $300 million in stablecoins to exchange users who incurred forced liquidations and provide $100 million in low-interest loans to help “severely impacted” institutions resume trading.

Federal Reserve Chair Jerome Powell signaled the central bank may stop shrinking its balance sheet in the coming months, an important shift necessary to preserve liquidity in overnight funding markets.

Asian stocks were poised for a stronger open, as expectations of a Federal Reserve interest-rate cut outweighed renewed US-China trade tensions.

MGM Resorts International pulled out of the competition to operate a casino in the New York area, leaving three companies vying for three possible licenses to build gambling palaces serving the largest US city.

President Donald Trump suggested the $20 billion lifeline the US is planning for Argentina could be contingent on libertarian leader Javier Milei’s success in the midterm elections, sending fresh jitters through the currency market.

California Gov. Gavin Newsom (D) vetoed a bill that would’ve created a $50 million grant program for carbon removal projects, saying in a letter that it would be “duplicative” and that there’s no funding for it in the state budget.

The IRS published a notice providing relief for taxpayers affected by terroristic action in Israel throughout 2024 and 2025. The notice extends deadlines until Sept. 30, 2026, for affected taxpayers ...

Roger Ver, the cryptocurrency advocate known as “Bitcoin Jesus,” has paid nearly $50 million to resolve a US tax evasion indictment without having to admit he committed a crime.

Canada’s Employment Insurance contribution rates will decrease for 2026, while the maximum insurable earnings will increase, Employment and Social Development Canada said in the summary of its annual actuarial report on the program.

President Donald Trump pledged to release a list of federal programs slated for cuts later this week, the White House’s latest threat to slash the federal bureaucracy and put pressure on Democrats to end the impasse over the shutdown.

The Michigan Department of Treasury announced the annual interest rates for underpayments and overpayments from Jan. 1 to June 30, 2026. The daily interest rate of 0.0002324, based on an ...

El Cerrito and San Carlos, California, announced hourly minimum wage rates effective Jan. 1, 2026, on their websites.

Italy’s latest budget will ease the burden on middle-class earners, allowing Prime Minister Giorgia Meloni to keep her promise to voters at a cost of about €9 billion ($10.5 billion) over three years.

A proposed collective action accuses the Winn-Dixie Stores Inc. grocery chain of improperly classifying cashiers and other workers as managers to dodge having to pay them overtime wages.

In the debate about tumbling fertility levels, the high cost of raising children, delays in marriage, access to birth control, and the career aspirations of women are usually subjected to scrutiny. Even bulky and expensive car seats have been likened to a form of contraception.

JD Howard and Chad Sillman joined Barnes & Thornburg as partners in its real estate department, the firm announced Tuesday. Howard joined the Atlanta office, while Sillman will be based in Dallas.

Almost exactly a year ago, General Motors Co. was touting a profit tailwind from electric vehicles worth $2 billion to $4 billion. Then, just a little less than a year ago, the US elected a president with a seeming allergy to EVs. Today, Tuesday, GM paid the price. Instead of a tailwind, the company took a $1.6 billion hit in the form of impairments and other charges “following recent US government policy changes.”

Arun Birla and Jiten Tank joined White & Case as partners in its global tax practice in London, the firm announced Tuesday.

Nathan Deveson joined Ashurst as a senior partner in its tax practice in Sydney, the firm announced Tuesday.

Randall Thomas joined Morgan Lewis as a partner in its tax-exempt organizations practice in Washington, DC, the firm announced Monday.