The Office of the Comptroller of the Currency (OCC) granted preliminary conditional approval on Aug. 14 for World Liberty Trust Company, a national trust bank tied to President Donald Trump’s family crypto venture World Liberty Financial. The charter would allow the entity to directly issue and manage the USD1 stablecoin,...
Cleveland waived tight end Dae’Quan Wright on Sunday, Aug. 23, creating a path for him to return to college football at LSU if he clears NFL waivers. Agent Drew Rosenhaus confirmed the agreement to The Associated Press. Wright entered the NCAA transfer portal Thursday after Louisiana’s 19th Judicial District Court...
WASHINGTON — A man was fatally shot by U.S. Secret Service officers on Saturday evening after he opened fire at a security checkpoint near the White House, authorities said. The suspect, identified as 21-year-old Nasire Best of Dundalk, Maryland, approached the checkpoint at 17th Street and Pennsylvania Avenue NW around...
A fast-moving wildfire near Reno, Nevada, forced about 42,000 residents into mandatory evacuation zones Sunday while another 45,000 were warned to prepare to leave. The Hawk Fire, reported Saturday near Hawk Meadow Trail northwest of Reno, expanded rapidly under strong winds, low humidity and dry vegetation. Officials said Sunday night...
Rapper Blueface was detained by Los Angeles County sheriff’s deputies on Sunday evening after a reported shooting at his Santa Clarita restaurant, King of Crab, authorities said. Deputies responded about 5:27 p.m. to the 26200 block of Bouquet Canyon Road following a report of a shooting, according to the Los...
European bicycle manufacturer Accell Group filed for bankruptcy in early August 2026, wiping out approximately 1.1 billion euros in equity invested by a consortium led by US private equity firm KKR. Acquired in January 2022 for 1.56 billion euros at the peak of the pandemic-era cycling boom, the company struggled...
Global technology stocks experienced a severe selloff driven by rising United States Treasury yields and surging artificial intelligence infrastructure costs. The MSCI Asia Pacific index dropped 1 percent, with South Korea's KOSPI plunging 3.12 percent following disappointing shareholder returns from Samsung Electronics. Japan's Nikkei 225 fell 0.74 percent, influenced by...
Elon Musk said SpaceX would wind down its Falcon rocket program once Starship flies reliably several times each week, directing scarce engineering and production resources toward higher Starship launch rates. Musk made the statement Aug. 22 on X while responding to physicist Casey Handmer, who cited reported NASA unease about...
Las Vegas Raiders running back Ashton Jeanty is believed to have suffered an ankle sprain during Sunday’s practice in Henderson, Nevada, easing fears of a serious injury, ESPN’s Adam Schefter and NFL Network’s Ian Rapoport reported. Jeanty went down while diving for a pass from quarterback Kirk Cousins during an...
US Treasury Secretary Scott Bessent announced Sunday that the United States is entering an "economic D-Day" against Iran, vowing to sever all economic ties with the Islamic Republic and isolate any nation that continues doing business with Tehran. In a Financial Times opinion piece, Bessent described the campaign as "the...
