Services Sector Survey Surge Sparks US Growth Rebound Hopes In August

EU Watchdog EBA Details Big Crypto Fines As Landmark Laws Bite Authored by Robert Lakin via CoinTelegraph.com, The European Banking Authority on Friday unveiled a sweeping framework to penalize cryptocurrency issuers that violate the European Union’s digital-asset laws, signaling a tougher enforcement stance as the trade bloc finalizes its historic regulatory architecture. The consultation paper published June 26 establishes a standardized playbook for hitting non-compliant issuers of what the EBA considers “significant” tokens with potentially multimillion-euro penalties. Under the proposal, the Paris-based watchdog will deploy a strict two-step process to determine fines, assessing the...

Historic NYC Church Torched In Confirmed Arson - City Rejects Save Plan As Demolition Ordered Authored by Steve Watson via Modernity.news, The FDNY has now confirmed what many suspected from the start: the massive fire that gutted the historic South Bushwick Reform Church in Brooklyn was intentionally set. The 1853 landmark, a Greek Revival structure that served generations of worshippers as both a house of faith and a community hub, is a total loss, and it will be completely torn down. CBS New York reported the determination this week. Pastor James E....

Ilhan Omar: Hey, Um, As It Turns Out, I'm Not Actually A Multimillionaire After All Authored by Robert Spencer via PJMedia.com, Rep. Ilhan Omar (D-Mogadishu) has for some time now been the poster child not only for the legion of ungrateful, America-hating migrants, but for members of the House of Representatives who have become multimillionaires on a $174,000 annual salary.  The latter in particular has brought her unwelcome scrutiny: In February, House Oversight Chairman James Comer (R-Ky.) announced that he was opening an investigation after two companies Omar’s husband owns jumped in...