The $500 million sports investment fraud scandal with Josh Wander and 777 Partners

Josh Wander Charged in $500M Sports Investment Fraud

New York/Miami in October 2025   The U.S. Department of Justice has charged Josh Wander, co-founder of Miami-based investment firm 777 Partners, in one of the most shocking financial scandals to hit the global sports investing business.   Federal officials said that Wander orchestrated a $500 million fraud operation by lying to investors, putting up bogus financial papers, and promising assets he didn't have, like ownership in well-known European and South American football clubs.   Wander has been charged with wire fraud, securities fraud, and conspiracy by the Southern District of New York.  A person who commits any of these acts could spend up to 20 years in jail. &nbsp...

Global Markets React to U.S. Inflation and Fed Outlook

Global Markets React to U.S. Inflation and Federal Reserve Outlook

New York, London, and Tokyo in October 2025   The most recent U.S. Consumer Price Index (CPI) report came out this week and said that inflation is still higher than expected.  This made investors ponder again about how probable it is that the Federal Reserve will cut interest rates.   The U.S. Bureau of Labour Statistics gave us numbers that showed the CPI increasing increased 0.4% from one month to the next and 3.7% from one year to the next. This was more than the 3.5% projection.   The unexpected rise made markets fall all...

China’s Manufacturing Rebound Sparks Optimism in Global Trade

China’s Manufacturing Rebound Sparks Global Trade Optimism

New York, London, and Tokyo in October 2025   The most recent U.S. Consumer Price Index (CPI) report came out this week and said that inflation is still higher than expected.  This made investors ponder again about how probable it is that the Federal Reserve will cut interest rates.   The U.S. Bureau of Labour Statistics gave us numbers that showed the CPI increasing increased 0.4% from one month to the next and 3.7% from one year to the next. This was more than the 3.5% projection.   The unexpected rise made markets fall all...

OPEC+ Holds Production Steady, Driving Oil Prices Lower

OPEC+ Holds Production Steady, Driving Oil Prices Lower

 In October 2025, Vienna, Riyadh, and New York    When OPEC+ chose to keep production levels the same this week, even though there were signs that demand was rising around the world, the global oil markets plunged significantly.    Brent crude fell 2.1% to $82 a barrel, and WTI crude fell 2.5% to $78 a barrel.   This made the energy markets less stable.    Analysts say that the statement shows that OPEC+ is being careful about balancing oil prices with global economic concerns, like inflation, less industr...

EU Approves Landmark AI and Data Privacy Law

EU Approves Landmark AI and Data Privacy Law

   In October 2025, the EU made it very clear in Brussels how to keep AI and data safe.              This is a significant step towards being able to regulate everything that happens on the internet.               The new rule strives to establish a balance between people's right to privacy, new ideas, and ethics in all member countries.           AI watches the data and follows particular rules to keep it safe, which is how it achieves this....