The bank at the center of Brazil’s biggest alleged financial fraud was originally a prize coveted by a man named Henrique Vorcaro, according to people who know him.

The Federal Reserve unveiled a proposal Wednesday to establish a new type of limited payment account, in move likely to be applauded by fintech firms.

For most of its history, Bitcoin’s price was driven by a sprawling cast of buyers: idealists, speculators, early adopters, and, more recently, institutional investors looking for a new portfolio hedge. Demand was fragmented and hard to predict. In 2026, it is neither.

Securities and Exchange Commission Chair Paul Atkins instructed staff to seek public input on how the agency should respond to recent market changes involving novel exchange-traded funds.

Matt Levine discusses prediction markets and people seeking to manipulate reality in order to win their bet, selling in interest in the future appreciation of your home, reconstructing pensions, and Bitcoin leverage.

The most sweeping housing legislation in a generation advanced in Congress after a contentious provision was removed and the White House offered its endorsement, sending the bill back to the Senate.

Like tourists who come for the koalas but keep finding spiders and snakes, companies lured to Australia’s singular market are navigating a flip side of doing business Down Under: the Australian Taxation Office.

AT&T Inc. unlawfully charged Arkansas municipalities fees for its emergency telephone services, a state appeals court ruled in two separate lawsuits Wednesday.

President Donald Trump’s allies in the legal profession are seizing on the Justice Department’s $1.8 billion “anti-weaponization” fund to represent clients allegedly hit with partisan prosecution.

The owner of a Connecticut strip club agreed to give up $1.5 million and pay $700,000 in restitution after pleading guilty to tax fraud and other charges tied to a scheme involving prostitution, money laundering, and fraudulent Covid-19 relief loans, federal prosecutors said.

For most of its history, Bitcoin’s price was driven by a sprawling cast of buyers: idealists, speculators, early adopters, and, more recently, institutional investors looking for a new portfolio hedge. Demand was fragmented and hard to predict. In 2026, it is neither.

The Trump administration wants to boost energy exports to India, the US ambassador in New Delhi said on Wednesday, ahead of a multi-day visit by Secretary of State Marco Rubio to the world’s most populous country.

The Brazilian Federal Revenue Office May 12 announced the release of an updated digital tax bookkeeping system (ECF version 12.1.4) for reporting tax information on corporate income tax (IRPJ) and ...

The Brazilian Federal Revenue Office May 12 announced the release of the updated digital accounting bookkeeping program (ECD version 10.4.0) for bookkeeping of accounting documents. The updates include: 1) the ...

The Dominican Senate May 18 approved the protocol to the 2005 air transport agreement with Cuba, signed June 29, 2023. [Dominican Republic, Senate, 05/18/26]

The United Kingdom HM Revenue and Customs May 14 issued a press release on mandatory registration requirements for tax advisors under the Modernizing and Mandating Tax Advisor Registration (MMTAR) initiative. ...

The Bulgarian National Assembly May 18 accepted for consideration Bill No. 52-654-01-42, to amend the VAT Act. The bill includes measures to reduce the VAT rate, to zero percent from ...

The Puerto Rican Treasury May 1 issued Circular Letter No. 26-08, on the annual sales and use tax exemption period for specified hurricane season preparedness items and equipment. The circular ...

The bank at the center of Brazil’s biggest alleged financial fraud was originally a prize coveted by a man named Henrique Vorcaro, according to people who know him.

SpaceX filed publicly for what stands to be the largest-ever initial public offering, revealing billions in losses and the super-voting share plan allowing Elon Musk to keep the company under his control.

Antonio Gracias, the founder of Valor Equity Partners and a longtime Elon Musk ally, controls a 7.3% stake in SpaceX, making him the second-largest holder after Musk himself that will earn the investor a giant windfall.

A Pinterest shareholder sued the company’s executives and directors, arguing they misled investors about the social media platform’s resilience to economic pressures and seeking damages for over $462 million in stock buybacks at allegedly inflated prices.

RR Donnelley & Sons Co.priced a junk bond Wednesday at the market’s highest yield of 2026, as the debt-refinancing deal was the latest lower-rated offering to boost its size amid strong investor demand.

For most of its history, Bitcoin’s price was driven by a sprawling cast of buyers: idealists, speculators, early adopters, and, more recently, institutional investors looking for a new portfolio hedge. Demand was fragmented and hard to predict. In 2026, it is neither.