Bahrain Security Boost: US Arms Sales & Investment
Bahrain enhances national security with a $445M US arms sale for F-16 sustainment. Followed by $1B helicopter sale to Saudi Arabia, part of a larger $17B US investment. C-SIPA agreement hailed.
Tai Lopez & Alex Mehr: $112M Ponzi Scheme Allegations
The SEC accuses Tai Lopez and Alex Mehr of Retail Ecommerce Ventures (REV) of running a $112M Ponzi scheme, misleading investors about brand performance from 2020-2022 with false claims.
Ex-TV Analyst McDonald Jailed for Investment Fraud
Ex-CNBC analyst McDonald sentenced to 5 years for defrauding investors of millions via Hercules Investments. Misused funds on personal expenses and Ponzi-like schemes. SEC accuses him of significant losses.
Social Security’s Valentine’s gift: these retirees will get a raise in February
The Social Security benefit, which will reach a maximum of $5,180 in February 2025 thanks to the COLA increase, will also be sent out after Valentine’s Day this year.
US Government announces the official December payment schedule: there is an extra payout
This calendar adjustment does not alter the total annual amount SSI recipients receive, but represents an opportunity to better manage income during the holidays and beginning-of-year expenses.