U.S. Treasury Sanctions Three Mexican Financial Institutions Over Fentanyl Money Laundering Links
The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has issued orders identifying three Mexican financial institutions—CIBanco, Intercam, and Vector Casa de Bolsa—as being of primary money laundering concern in connection with fentanyl trafficking. The orders, announced Wednesday, mark the first actions under the Fentanyl Sanctions Act and the FEND Off Fentanyl Act, granting Treasury […]
NATO Nations Pledge to Raise Defense Spending to 5% of GDP by 2035, Meeting Trump’s Demand
NATO member states have committed to increasing their national defense spending to 5% of GDP by 2035, fulfilling a key demand from U.S. President Donald Trump. The final communiqué from the NATO summit in The Hague specifies that member countries will allocate at least 3.5% of GDP annually to military capabilities and an additional 1.5% […]
Indiana Fever Waive Six-Time All-Star DeWanna Bonner, Re-Sign Guard Aari McDonald
The Indiana Fever waived veteran forward and six-time WNBA All-Star DeWanna Bonner on Wednesday after the 37-year-old requested a trade and struggled to find her role with the team. Bonner, a two-time champion and three-time Sixth Woman of the Year, appeared in nine games this season, averaging career lows in points (7.1) and rebounds (3.8). […]
IRS Faces Staffing Crisis After Record-Strong Tax Season, Warns of Risks Ahead
The IRS reported one of its most successful tax seasons in recent years, collecting $850 billion in April—a 9.5% increase over last year—and another $371 billion in May, a 14.7% jump, according to Treasury Department data. However, those gains were achieved just before a significant reduction in staffing: more than a quarter of the IRS […]
