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California to impose 100% tax on Trump's January 6 'slush fund,' governor says

California to impose 100% tax on Trump's January 6 'slush fund,' governor says

By Jasper Ward May 27 (Reuters) - California will impose a 100% tax on payments distributed under the Trump administration's nearly $1.8 billion fund for victims of alleged political "weaponization," the state's Governor Gavin Newsom announced on Wednesday. 
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Pivot Bio CEO Advocates for Biological Nitrogen Management in 45Z Tax Credit Framework

Pivot Bio CEO Advocates for Biological Nitrogen Management in 45Z Tax Credit Framework

Pivot Bio CEO Advocates for Biological Nitrogen Management in 45Z Tax Credit Framework
TheStreet TheStreet
AARP, Vanguard warn Americans on major 401(k), IRA shift

AARP, Vanguard warn Americans on major 401(k), IRA shift

Americans saving for retirement focus on ensuring their nest eggs will sustain the lifestyles they hope to enjoy once their working years are behind them. That desire to make the most of every dollar — across retirement accounts, including 401(k)s and Individual Retirement Accounts (IRAs) — ...
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GMS Receives U.S. Approval to Scrap Sanctioned Ships, Aiming to Reduce Shadow Fleet

GMS Receives U.S. Approval to Scrap Sanctioned Ships, Aiming to Reduce Shadow Fleet

GMS Receives U.S. Approval to Scrap Sanctioned Ships, Aiming to Reduce Shadow Fleet
Reuters Reuters
US Treasury to erase 80 outdated names from sanctions blacklist as it launches new review

US Treasury to erase 80 outdated names from sanctions blacklist as it launches new review

By David Lawder May 27 (Reuters) - The U.S. Treasury has launched a review of its sanctions programs and lists to make them more effective and to ease compliance burdens on financial institutions, according to a document seen by Reuters on Wednesday.
Reuters Reuters
US puts UN expert Albanese back on list of sanctioned individuals, Treasury website shows

US puts UN expert Albanese back on list of sanctioned individuals, Treasury website shows

May 27 (Reuters) - The United States has re-added Francesca ​Albanese, a U.N. expert on the ‌Palestinian territories, to a list of sanctioned individuals, according to a notice posted to the U.S. Treasury's website on Wednesday.
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SEC Chairman Proposes 'Gun-Jumping' Rule Changes to Boost IPOs

SEC Chairman Proposes 'Gun-Jumping' Rule Changes to Boost IPOs

SEC Chairman Proposes 'Gun-Jumping' Rule Changes to Boost IPOs
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Insurance Mogul Greg Lindberg Sentenced to 12 Years for $2 Billion Fraud

Insurance Mogul Greg Lindberg Sentenced to 12 Years for $2 Billion Fraud

Greg Lindberg, founder of a North Carolina investment firm, has been sentenced to 12 years in prison for orchestrating a $2 billion fraud scheme. Lindberg was found guilty of defrauding insurers and policyholders by misappropriating reserves meant to back insurance policies. He used the funds for personal luxuries, including jets and a yacht. The case is one of the largest insurance frauds in U.S. history. Lindberg's actions led to significant financial losses for his companies and policyholders, with many insurance firms placed in rehabilitation and liquidation.
AP News AP News
Is your cautious retirement spending doing more harm than good?

Is your cautious retirement spending doing more harm than good?

When we were children, it was common to be afraid of the boogeyman
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GOP Lawmaker Faces Scrutiny Over Trump's 'Anti-Weaponization' Fund at Town Hall

GOP Lawmaker Faces Scrutiny Over Trump's 'Anti-Weaponization' Fund at Town Hall

Representative Mike Flood of Nebraska faced critical questions during a town hall meeting regarding President Trump's controversial 'anti-weaponization' fund. The $1.8 billion fund, part of a settlement from a lawsuit Trump filed against the IRS, has been criticized for potentially benefiting individuals involved in the January 6 Capitol riot. Flood stated that he does not support the fund being used for such individuals and emphasized the need for restrictions on its use. The town hall also addressed other issues, including the handling of the Jeffrey Epstein files and U.S. military actions against Iran.
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Goldman Sachs Recommends Non-AI Stocks Amid Market Focus on Artificial Intelligence

Goldman Sachs Recommends Non-AI Stocks Amid Market Focus on Artificial Intelligence

Goldman Sachs Recommends Non-AI Stocks Amid Market Focus on Artificial Intelligence
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IGM Financial Inc. Announces $400 Million Debenture Offering to Fund Redemption

IGM Financial Inc. Announces $400 Million Debenture Offering to Fund Redemption

IGM Financial Inc. Announces $400 Million Debenture Offering to Fund Redemption