Stay Updated with the Latest WisdomTree U.S. Efficient Core Fund NTSX News in Real Time
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Social Security Benefits Face 22% Cut by 2032 Without Congressional Action
Social Security trust fund projected to deplete by 2032, triggering a 22% automatic benefit cut unless Congress passes reform. Three main proposals being debated.
Fifth Third Backs Payload’s $500M Monthly Payments Platform on August 23
Fifth Third Bank invests in Payload, an embedded payments platform processing $500M monthly. The deal marks Payload’s first outside capital since 2019 and expands payment options across industries.
Taylor Sheridan Sued by Writer Over Yellowstone Copyright Claim, August 24
Writer Lauren J. Salkin sues Taylor Sheridan, claiming he stole Yellowstone from her 2016 Sovereign Nation pitch. Lawsuit seeks injunction and damages including profits from the hit series.
DC Appeals Court Overturns $130K Verdict Against James O’Keefe on August 22
DC Circuit overturns $130,000 judgment against James O’Keefe in Project Veritas case, ruling First Amendment protects undercover journalism from damages tied to publication.
Daniel Mulino Overhauls Super Rules: ATO Gets Veto Power on SMSF Transfers
Assistant Treasurer Daniel Mulino unveils major superannuation reforms including ATO veto power on SMSF transfers, new knowledge requirements, and disclosure rules to protect retirees from switching scams.
NDIS Reforms Pass Parliament on August 22 Amid Gender Data Concerns
NDIS reforms passed parliament on August 22 after Labor-Coalition deal. Minister can now cut individual funding by up to 99%. Gender impact assessment not published.
Australian Fast Food Chains Shift to Chicken as Cost Crisis Bites, August 22
Australian fast food chains McDonald’s, Hungry Jacks, and others are expanding chicken menus due to cost pressures. Chicken QSR sales expected to reach $4 billion by 2032.
Block Ordered to Pay $120M CFPB Restitution for Cash App Fraud Failures
Block must pay $45M to states and $75M-$120M to Cash App users via CFPB restitution for fraud failures, account security gaps, and inadequate customer support.
Solana Climbs 4.7% to $91.76 as Network Speed Upgrade Launches
Solana rallies 4.7% to $91.76 on August 21 as the network begins a block time reduction upgrade aimed at doubling transaction speed.