The US Department of Labor is threatening to withhold administrative funds from states for the first time in history if they fail to combat waste, fraud, and abuse in unemployment insurance programs. Acting Secretary Keith Sonderling sent letters to 53 states and territories, specifically highlighting California, New York, and Illinois.
Yoshitha Rajapaksa, 38, has been arrested on charges of aiding and abetting recruitment without minimum qualifications and misusing state funds for overseas training. He is already an accused in two money-laundering cases and was previously out on bail.
Israeli TV channel N12 reports that a memorandum of understanding between Iran and the US will bring Iran "unprecedented benefits," including the lifting of sanctions, unfreezing of assets, and a $300 billion recovery fund upon final agreement. The deal also addresses Iran's nuclear program and regional hostilities.
A seven-year-old Somali boy, Abdiqadir Salah, risks losing the ability to walk due to shrapnel from a US airstrike six months ago. His family cannot afford the £750 surgery, and the US denies civilian casualties.
Seoul Mayor Oh Se-hoon faces an 18-month prison term request for allegedly accepting illegal political funds related to opinion polls during the 2021 mayoral by-election. A special counsel team also seeks forfeiture of 33 million won, accusing Oh of violating the Political Funds Act by having a third party pay for poll costs.
Seoul Mayor Oh Se-hoon is facing an 18-month prison sentence for allegedly accepting illegal political funds related to opinion polls received before the 2021 mayoral by-election. A special counsel team also seeks forfeiture of 33 million won.
Tasmanian Premier Jeremy Rockliff confirmed that nearly $1 million in taxpayer funds have been used for legal fees for former ministers Madeleine Ogilvie and Jane Howlett, who were fighting the Integrity Commission. Both ministers resigned to the backbench over accusations of misleading parliament.
Tasmanian Premier Jeremy Rockliff confirmed that nearly $1 million in taxpayer funds covered legal fees for former ministers Madeleine Ogilvie and Jane Howlett fighting the Integrity Commission. Both have resigned to the backbench over accusations of misleading parliament.
Tasmanian Premier Jeremy Rockliff confirmed in parliament that $525,000 in taxpayer-funded legal fees for former ministers Madeleine Ogilvie and Jane Howlett were for fighting the Integrity Commission. The total legal costs, including the commission's own expenses, approach $1 million.
Environment Secretary Emma Reynolds has expressed concerns over Thames Water's creditor rescue plan, citing unfair costs to customers and delays to infrastructure and environmental improvements. Special administration is now the most likely outcome, influenced by potential Prime Minister Andy Burnham's preference for public ownership.
Naomi Campbell claims a former co-trustee, Bianka Hellmich, committed identity fraud and deception, leading to the misuse of funds at her charity, Fashion for Relief. Campbell is appealing a five-year ban from running a charity.
President Trump's White House ballroom project's cost has reportedly surged to $600 million, with over half expected to be funded by taxpayers, contradicting Trump's claims of private financing.
New projections from the Penn Wharton Budget Model (PWBM) suggest Social Security's trust funds may have more time before depletion than previously estimated. The OASI fund could be depleted in February 2033, and combined funds in February 2035, slightly later than the Social Security trustees' projections.
UK's Keir Starmer indicated no new funds for the armed forces, despite a defense secretary's resignation over inadequate settlement. Decisions like cutting overseas aid and seeking departmental cuts were made to fund the Defence Investment Plan, with the new defense secretary reviewing spending priorities.
UK's chief of defence staff warns armed forces must "dial back" training and operations without increased funding. Defence Secretary John Healey resigned over inadequate cash settlement, citing risks to personnel and readiness. Government plans to reach 3.5% defence spending by 2035 are under review.
US Vice President JD Vance and several Republican senators voiced skepticism about a newly reached agreement with Iran, citing a lack of specifics and demanding more information before it is finalized. The deal reportedly involves reopening the Strait of Hormuz and financial incentives for Iran.
South Korea's M2 money supply increased by 0.6% in April to an average of 4,153.9 trillion won, driven by rising short-term deposits and funds awaiting investment amid a stock market rally, according to the Bank of Korea.
As the NEET-UG 2026 re-exam approaches, candidates report admit card download issues, refund confusion, and technical glitches on the NTA portal. Meanwhile, Ahmedabad police arrested two individuals for allegedly running a fraud network targeting NEET candidates.
Cochin International Airport is considering using its CSR funds to compensate homeowners whose houses are damaged by low-flying aircraft, following repeated incidents near the airport. The DGCA will investigate.
Strategy increased its USD Reserve to $1.1 billion and total Bitcoin holdings to 846,842 BTC. Executive Chairman Michael Saylor introduced a new risk metric, CEPE BPS. Despite Bitcoin's rise, the firm's overall stockpile remains underwater.
Ron Baron, fundador da Baron Capital, comprou US$ 1 bilhão em ações da SpaceX durante seu IPO na sexta-feira (12). Ele elevou sua participação total na empresa para US$ 25 bilhões e acredita que o investimento renderá centenas de bilhões de dólares.
Crypto exchange Bybit is expanding into real-world assets by offering eligible customers access to tokenized bond funds from PIMCO and China Merchants Bank International. The new RWA Earn platform features two funds: the PIMCO Dynamic Income Opportunities Fund and the CMBI Investment Grade Bond Fund.
Ahmedabad Cyber Crime Police arrested a 19-year-old student from Bihar for attempting to divert NEET-UG 2026 fee refunds to his accounts. The accused targeted 350 accounts, exploiting weak passwords in 150, but NTA's security systems helped foil the large-scale fraud.
Hong Kong's Consumer Council received 3,346 lodging complaints since 2023, with 58% involving contract changes/refunds. The watchdog urges hotels and booking platforms to clarify responsibilities amid rising complaints.
