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TSX:CIC.TO 7 January 2026

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 07.01.2026

Sensex and Nifty opened lower on January 8, 2026, tracking declines in major global markets. Foreign portfolio investors pulled ₹16,848 crore from 15 sectors in late December, with FMCG and Financial Services seeing the largest outflows. IT sector recorded inflows. GIFT Nifty and Asian shares also pointed to a weak start.
7 January 2026
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Stock Market Today

  • Newport Beach Man Sentenced for Laundering $3.5 Million in Crypto Scam
    April 30, 2026, 2:54 PM EDT. A Newport Beach man, Evan Tangeman, 22, was sentenced to 70 months in federal prison for laundering at least $3.5 million stolen by a group of young con artists who defrauded investors of over $263 million in cryptocurrency. The group, dubbed the 'crypto kids,' used social engineering - tricking victims into revealing personal data - to steal funds. They flaunted their ill-gotten gains on luxury cars, mansions, private jets, and expensive nightlife. Tangeman also helped secure high-value rental homes for the group. The criminal enterprise spanned multiple states and began operations in October 2023, with members as young as teenagers. The U.S. Attorney called the syndicate's greed 'brazen' and 'cartoonish.' Tangeman will also serve three years of supervised release after prison.

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Oil Prices Surge: Trump’s Iran Standoff Sends Brent Past $126 as Gas Hits $4.30

Oil Prices Surge: Trump’s Iran Standoff Sends Brent Past $126 as Gas Hits $4.30

30 April 2026
Brent crude briefly topped $126 a barrel Thursday, a four-year high, as traders reacted to a prolonged Strait of Hormuz shutdown and possible new U.S. military action against Iran. U.S. gasoline rose to $4.300 a gallon, up 27 cents in a week. Washington is seeking partners for a maritime coalition and considering further use of the Strategic Petroleum Reserve. Iran warned of strikes on U.S. positions if attacks resume.
Capital One $425 Million Settlement: Who Gets Cash and When Checks Arrive

Capital One $425 Million Settlement: Who Gets Cash and When Checks Arrive

30 April 2026
A federal judge approved Capital One’s $425 million settlement over 360 Savings accounts, setting automatic payments to eligible customers for around July 27 if no appeal is filed. Payments will reflect the extra interest customers would have earned at higher rates, minus fees and costs. The case does not cover credit cards. Customers do not need to file claims unless they opted out of electronic payment.
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