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Gas Price Gouging Probe Ordered

Gas Price Gouging Probe Ordered

USO dropped 4.15% to $106.64 on June 21, touching near its 52-week low as diplomatic progress on U.S.-Iran tensions eases fears of Strait of Hormuz disruption. Brent crude hit a…

Oscar Boyd··5 min read
Bank Stress Tests Reshape US Lender Outlook

Bank Stress Tests Reshape US Lender Outlook

The Federal Reserve releases 2025 stress test results for 32 major U.S. banks on Wednesday, but a freeze on stress capital buffers means the real capital deployment decisions are still…

Oscar Boyd··5 min read
DOJ Seizes Huione Crypto (BTC) Laundering Network

DOJ Seizes Huione Crypto (BTC) Laundering Network

The Justice Department seized cloud infrastructure tied to the Huione Group, which prosecutors say laundered billions in crypto fraud proceeds. Blockchain analysts call Huione Guarantee the largest illicit online marketplace…

Mason Taylor··5 min read
Qualcomm Buys Modular for 3.9 Billion

Qualcomm Buys Modular for 3.9 Billion

Qualcomm is acquiring AI software startup Modular in a $3.92 billion all-stock deal, targeting the vendor-neutral software layer that could erode Nvidia CUDA's developer lock-in as data center AI spending…

Mason Taylor··4 min read