WASHINGTON — December 7, 2025 — New data from the Commerce Department shows that inflation remains elevated but is no longer accelerating, offering cautious relief to households heading into the busiest shopping period of the year. While the Federal Reserve is widely expected to cut interest rates next week, consumer sentiment remains divided as families…
UK Steps Back from Apple Encryption Clash The UK government has dropped its demand for Apple to create a “backdoor” to access encrypted data belonging to American customers, following months of negotiations. The move was revealed by US director of national intelligence Tulsi Gabbard, who said the UK had dropped its insistence on backdoor access.…
The New Frontier of AI in Geopolitics The U.S. government is increasingly concerned about how China is leveraging artificial intelligence to monitor and manipulate public opinion, effectively creating a new weapon for information warfare. According to current and former U.S. officials and documents reviewed by researchers, Chinese companies with expertise in AI are being used…
Billionaire Elon Musk has reignited his calls to launch a new political party, dubbed the “America Party,” amidst a public feud with President Donald Trump over the recently signed “One Big Beautiful Bill Act.” While Musk’s immense wealth and influence make him a unique contender, establishing a successful third political party in the United States…
In a complex, large-scale prisoner swap on Friday, the Trump administration secured the release of 10 US nationals detained in Venezuela. In exchange, approximately 250 Venezuelans, who had been deported from the United States and subsequently imprisoned in El Salvador’s notorious Terrorism Confinement Centre (CECOT) mega-prison, were repatriated to their home country. This operation marks…
Bitcoin’s Unprecedented Surge Amidst Landmark US Crypto Legislation Bitcoin, the world’s largest cryptocurrency, has achieved an unprecedented milestone, scaling past $120,000 for the first time. This record-breaking rally coincides with what is poised to be a landmark week for the digital asset industry in the United States. Dubbed “Crypto Week,” the US House of Representatives…
U.S. federal prosecutors have successfully recovered $40,300 in cryptocurrency directly linked to a sophisticated scam that targeted the Trump-Vance inaugural committee. The perpetrator orchestrated an elaborate email phishing scheme, falsely claiming to represent the committee. Through this deception, the scammer convinced an unsuspecting donor to transfer crypto assets to a wallet they believed was officially…
Cross-border cryptocurrency oversight is gaining significant momentum as regulators from the United States and the European Union intensify their cooperation on digital asset rules, stablecoins, and central bank digital currencies. A press release from the U.S. Department of the Treasury on July 1 confirmed that financial regulators from both regions convened at the EU-U.S. Joint…
A sweeping investigation led by the US Secret Service, with key support from crypto exchange Coinbase, has culminated in the recovery of USD 225 million in tether (USDT) connected to widespread “pig butchering” scams. The operation marks the largest cryptocurrency seizure by US authorities to date tied to online investment fraud, underscoring both the scale…
A sprawling international cryptocurrency scam has unravelled, with five men pleading guilty to laundering nearly $37 million stolen from unsuspecting U.S. victims. The complex operation, based out of Cambodia, exploited the rise of digital assets and the vulnerability of online relationships to build what officials are calling a sophisticated global fraud network. According to BleepingComputer,…
