FTC Reports $470 Million Lost to Text Message Scams in 2024

 Despite fewer reports, scam-related texts increased, with package, job, and bank fraud texts topping the list. The Federal Trade Commission (FTC) reported that consumers lost $470 million to…

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SEC to Host Crypto Custody Roundtable on Regulatory Integration

The event will explore legal and operational challenges in safeguarding digital assets. The U.S. Securities and Exchange Commission (SEC) will hold a public roundtable titled “Know Your Custodian:…

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U.S. Investors Purchase Panama Canal Control

The consortium now holds 80 percent of 43 international ports. A U.S. consortium of companies, including BlackRock, recently made a $22.8 billion deal to purchase 80 percent of…

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SEC Drops Coinbase Case to Refocus on Crypto Regulation

New Crypto Task Force plans to build clearer rules for digital assets. The Securities and Exchange Commission (SEC) recently agreed to dismiss its civil enforcement case against Coinbase…

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SEC Opens Applications for Investor Advisory Committee

Available positions include at-large members and senior citizen representatives. The Securities and Exchange Commission (SEC) is accepting applications for its Investor Advisory Committee, which was created under the…

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President Trump Increases Steel and Aluminum Tariffs

His proclamation prohibits the relabeling of steel originating in China and Russia from being relabeled in Mexico or Canada. President Donald Trump recently released a proclamation to boost…

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President Says Nippon Steel to Invest in U.S. Steel Instead of Purchasing

He made the announcement at the White House during the visit with Japanese Prime Minister Ishiba. President Donald Trump announced that Japanese company Nippon Steel will “invest heavily”…

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Senate Confirms Scott Bessent as Treasury Secretary

Members of the upper chamber of Congress continue through the confirmation process of the president’s Cabinet. The Senate confirmed Scott Bessent as the new Secretary of the Treasury…

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FAA Invests $332 Million to Modernize Airport Facilities

The funding will upgrade baggage systems, runways, and more across 32 states. The Federal Aviation Administration announced over $332 million for the modernization of American airports, distributing 171…

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DOI Announces $514 Million for Western Water Storage Projects

Three states receive funding for dams, reservoirs, and water pipelines. The Department of the Interior (DOI) announced $514 million for five water storage and conveyance projects in four…

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