By Rich McKay (Reuters) – The Biden administration on Thursday restored some protections under the Endangered Species Act rolled back under former President Donald Trump, giving the federal government more leeway to designate plants or animals as threatened or endangered. The 51-year-old Endangered Species Act, signed into law by President…

Sam Bankman-Fried has been sentenced to 25 years in federal prison for defrauding customers and investors in his failed crypto exchange FTX, a Manhattan court ruled Thursday. Before announcing the sentence, Judge Lewis Kaplan said there was a risk “that this man will be in a position to do something…

Wall Street indexes finished Tuesday mixed, not far from their daily opening levels.  Energy and Utilities are leading gains with the Tech sector lagging on portfolio adjustment moves. Investors’ focus is on Friday’s PCE Prices Index data and Fed Powell’s speech. Trading was choppy on Thursday, albeit Wall Street managed to…

Blockchain-based film funding platform Decentralized Pictures is gearing up to launch its own in-app streaming service, DCP+, with a beta release “in the next month or so.” “With the power that is in the hands of some of the distribution channels these days, it’s very important to give folks a…

POLITICS

View More

A Republican state representative in Michigan, Rep. Matt Maddock, claimed on social media on Wednesday night that he had photo evidence of “illegal invaders” arriving at Detroit Metro Airport. One of the two photos Maddock posted on the platform called X, formerly known as Twitter, showed an Allegiant Air plane. The other photo showed three buses. Maddock wrote: “Happening right now. Three busses just loaded up with illegal invaders at Detroit Metro. Anyone have any idea where they’re headed with their police escort?” Facts First: Maddock’s claim is false. The buses were not for “illegal invaders”; they were for the men’s college basketball…

Read More

The Department of Education recently made major changes to simplify the Free Application for Federal Student Aid, known as the FAFSA, but the rollout has been bumpy. The form wasn’t widely…

Baltimore was sleeping when the fully laden cargo ship, adrift and without power, slammed into the Francis Scott Key Bridge, bringing it down in seconds. Had the disaster taken place…

Markets

View More

Finance

View More

Investing