The US Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) has announced its intention to delay the effective date of the final rule establishing Anti-Money Laundering/Countering the Financing of Terrorism Program and Suspicious Activity Report Filing Requirements for Registered Investment Advisers and Exempt Reporting Advisers (IA AML Rule). The new effective date is expected to … Read more
The 50th Toronto International Film Festival is off to a big start with the announcement of its full Galas and Special Presentations section. The lineup includes world premieres of Aziz Ansari’s Lionsgate comedy Good Fortune, starring Keanu Reeves, alongside Seth Rogen; Maude Apatow’s feature directorial debut Poetic License; Isabel Coixet’s Three Goodbyes; James McAvoy’s California … Read more
South Korea has set an ambitious goal to establish a permanent base on the Moon by 2045 as part of its national space program expansion. The Korea AeroSpace Administration (KASA) presented its long-term exploration strategy, focusing on five core mission areas: low Earth orbit, microgravity research, lunar exploration, and solar and space science initiatives. The … Read more
The US economy has regained its footing after a rocky spring, with consumer spending resuming at pre-tariff levels. Despite initial fears of a slowdown or recession, households have continued to spend on trips, dining out, and shopping, booking vacations and outings with renewed confidence. Major banks such as JPMorgan Chase, Bank of America, Citigroup, and … Read more
Fortnite and Rocket League are teaming up for their second annual Summer Road Trip event. From July 22 to August 4 in Rocket League, and August 7 in Fortnite, players can earn a free skin, a Chevrolet Corvette ZR1 car body, and Red Hot Chili Peppers jam track by playing both games. In Fortnite, players … Read more
Sarepta Therapeutics has faced another setback with the FDA placing a clinical hold on all its investigational trials for limb girdle muscular dystrophy (LGMD). The biopharma had also lost its platform technology designation due to “unreasonable and significant risk of illness or injury” associated with one of its gene therapies. The FDA cited three deaths … Read more
A massive recall has been issued for approximately 5 million above-ground pools sold nationwide, following the deaths of nine children. The Consumer Product Safety Commission (CPSC) cited a drowning hazard due to a design flaw in the compression straps used by pool manufacturers Bestway, Intex, and Polygroup. The recalled pools were sold between 2002 and … Read more
The Department of Education has suspended student loan forgiveness under the Income-Based Repayment (IBR) plan due to a court injunction on another income-driven repayment plan, SAVE. This decision affects over 1.5 million borrowers with stuck applications and those who had reached the threshold for forgiveness but didn’t receive it. IBR uses a formula tied to … Read more
Former US President Donald Trump’s media company, Truth Social, has reportedly accumulated a staggering $2 billion in bitcoin reserves. The significant investment raises questions about the company’s future plans and potential strategies for generating revenue. According to reports, Trump Media & Technology Group (TMTG), which operates Truth Social, has been actively accumulating bitcoin over the … Read more
Ben Trotman, 43, was diagnosed with glioblastoma in October 2022 and was given an immunotherapy drug as part of a world-first clinical trial. Two years and eight months later, his scans show no signs of the tumour, indicating a significant improvement in his health. Glioblastoma, the deadliest form of brain cancer, typically has a mortality … Read more