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Bessent says US seized nearly 0M in Iranian crypto in Operation Economic Fury

Treasury Secretary Scott Bessent said the United States’ maximum economic pressure campaign on Iran has sent the regime into “crisis” during an appearance Wednesday on “Kudlow.” The effort, known as Operation Economic Fury, is aimed at crippling Tehran’s financial lifelines by seizing Iranian assets, freezing bank accounts and pressuring foreign…

California high-speed rail costs top 0B as lawmakers call to scrap it

California lawmakers are calling for the state’s high-speed rail project to be scrapped after projected costs have ballooned by more than 700%. “This is a project that will never be built, and everybody in this building knows this project will never be built for the people of California and we keep wasting billions of dollars at a time where we have budget deficits,” state Sen. Tony Strickland, vice chair of the state’s Senate Transportation Committee,…

Finance news

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53 actors who completely transformed themselves into real-life music legends

Michael Jackson was portrayed by his nephew, Jaafar, in "Michael."Mike Guastella/Ron Galella Collection/Getty Images; LionsgateActors often transform into real-life musicians for biopics. Some actors go through physical transformations to play musicians.Jaafar Jackson trained for years to portray his uncle, Michael Jackson, in “Michael.”Musical legends have been portrayed on the big screen…

Business

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Jerome Powell successor Kevin Warsh clears Senate Banking Committee

Kevin Warsh’s nomination to serve as the next Federal Reserve chair took a big step forward on Wednesday after a key committee voted to advance his nomination after a senator lifted his opposition. Members of the Senate Banking Committee voted 13-11 to send Warsh’s nomination to the full Senate for…

Investing

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