A man impersonating an FBI agent tried to get Luigi Mangione out of jail, authorities say toggle caption Shannon Stapleton/POOL Reuters/AP NEW YORK — A man claiming to be an FBI agent showed up to a federal jail in New York City on Wednesday night and told officers he had a court order to release Luigi Mangione, authorities said. He's now locked up there too. Mark Anderson, a 36-year-old Minnesota...
A man impersonating an FBI agent tried to get Luigi Mangione out of jail, authorities say toggle caption Shannon Stapleton/POOL Reuters/AP NEW YORK — A man claiming to be an FBI agent showed up to a federal jail in New York City on Wednesday night and told officers he had a court order to release Luigi Mangione, authorities said. He's now locked up there too. Mark Anderson, a 36-year-old Minnesota native who has a history of drug and other arrests and disclosed last year in court papers that he suffers from mental illness, was arrested and charged with impersonating a federal officer in a foiled bid to free Mangione from the Metropolitan Detention Center. Mangione is being held at the notorious Brooklyn jail while awaiting state and federal murder trials in the killing of UnitedHealthcare CEO Brian Thompson. Sponsor Message A criminal complaint against Anderson did not identify the person he attempted to free. A law enforcement official familiar with the matter confirmed it was Mangione. The official was not authorized to speak publicly and did so on condition of anonymity. Anderson was ordered held without bail after an initial appearance Thursday in Brooklyn federal court. He was not required to enter a plea. A day after getting stopped at the entrance, he is now jailed at the Metropolitan Detention Center, according to federal prison records. A message seeking comment was left for Anderson's court-appointed lawyer. A message was also left for a spokesperson for Mangione's legal team. In a lawsuit last year alleging injuries from a fall at a city homeless shelter, Anderson said he has "multiple disabilities" and has been ruled by the Social Security Administration to be "fully disabled because of mental illness." He said he had no money and said he received state and federal assistance. According to public records, Anderson has had numerous drug and alcohol-related arrests and convictions over the past two decades in his native Minnesota and in Wisconsin, where he...
Protests outside the premises of a small gold retailer and trader have laid bare the extent of disruption caused by speculative buying across China that is powering a record-breaking metals rally. Unprecedented inflows to China’s bullion-backed exchange-traded funds reveal an insatiable appetite for gold, a frenzy that has also propelled global prices for silver and copper to all-time highs. But w...
Protests outside the premises of a small gold retailer and trader have laid bare the extent of disruption caused by speculative buying across China that is powering a record-breaking metals rally. Unprecedented inflows to China’s bullion-backed exchange-traded funds reveal an insatiable appetite for gold, a frenzy that has also propelled global prices for silver and copper to all-time highs. But when hundreds of customers arrived at premises in the country’s biggest bullion hub to ask for their money and metal, chaotic scenes ensued. Some who had bought gold via Jie Wo Rui’s popular online platforms were startled by the Shenzhen-based company’s apparent inability to release their funds in full. They flew in from other parts of China, some carrying their children. At least a handful scuffled with police, according to videos supplied by one participant. The platform is one of hundreds of small and medium-sized investment vehicles across China that use social media to entice retail investors to participate in gold’s bull run with the promise of quick profits. The backdrop is a surge in precious metals prices that has seen returns dwarf those from investments in equities or even cryptocurrencies. The demands have already attracted the attention of local authorities. The government of Luohu, the district of Shenzhen that’s home to the Jie Wo Rui office, said it had created a special task force to monitor the platform’s operations. The company’s owner and core management team remain in place and are communicating with investors, verifying claims, reviewing assets and working on repayments, the district government said in a statement. Multiple calls to Jie Wo Rui’s office seeking comment went unanswered. Attempts to contact the owner via social media were unsuccessful, and calls to local regulatory authorities also weren’t answered. The company’s social media accounts have also been deleted. “This blowup is the largest I’ve ever seen,” said Huang Jian, a Shenzhen-based law...
Bitcoin is heading for its worst streak of monthly losses in about seven years, as a deepening risk-off mood and fierce competition from traditional haven assets sap demand for the token. The original cryptocurrency is down nearly 6% so far in January, putting it on course for a fourth straight month of losses — the longest streak of its kind since 2018, when the unraveling of a boom in so-called ...
Bitcoin is heading for its worst streak of monthly losses in about seven years, as a deepening risk-off mood and fierce competition from traditional haven assets sap demand for the token. The original cryptocurrency is down nearly 6% so far in January, putting it on course for a fourth straight month of losses — the longest streak of its kind since 2018, when the unraveling of a boom in so-called Initial Coin Offerings sent the market into a downward spiral. Bitcoin slid as much as 3.9% to about $81,100 on Friday, its weakest level since late November, extending a selloff that accelerated overnight. The token’s weakness looks all the more stark against the backdrop of a searing rally in traditional haven assets that has sent gold and silver to fresh highs this week. By contrast, the total market value of all cryptocurrencies in circulation has dropped by more than $200 billion since Thursday, based on CoinGecko data. Read more: Bitcoin Slumps to Two-Month Low as US Funds Shed Billions Wider financial markets have also added pressure. Stocks and US Treasuries declined as markets positioned for President Donald Trump to nominate Kevin Warsh as the next Federal Reserve chair, a choice widely viewed as more hawkish than other candidates. Traders have been dialing back expectations for policy easing, with the prospect of tighter monetary conditions weighing on growth-sensitive assets, including cryptocurrencies. “Concerns around heavy AI investment by Big Tech, without the corresponding earnings to justify the spend, appear to be unsettling broader risk assets,” said Matt Howells-Barby, vice president at crypto exchange Kraken. “With credit spreads already extremely tight, markets were firmly risk-on going into this move, so it’s not surprising to see investors pause and reassess their risk appetite.” Bitcoin was down 2.1%, trading at $82,625, as of 8:13 a.m. in London on Friday.
Emerging markets are starting the year much as they ended 2025, drawing global attention and capital while fiscal and policy risks weigh on advanced economies. Developing-world equities are on track for their best month since November 2022, with UBS Global Wealth Management predicting further gains ahead. Of the 22 emerging-market currencies in an MSCI index , 15 have risen in January amid a globa...
Emerging markets are starting the year much as they ended 2025, drawing global attention and capital while fiscal and policy risks weigh on advanced economies. Developing-world equities are on track for their best month since November 2022, with UBS Global Wealth Management predicting further gains ahead. Of the 22 emerging-market currencies in an MSCI index , 15 have risen in January amid a global macro backdrop that Goldman Sachs Group Inc. analysts characterized as “friendly.” As the dollar-debasement trade picked up, a Bloomberg index of local-currency emerging-market government debt has returned about 2% this year. That rally has driven the spread investors demand on developing-nation dollar bonds over US Treasuries to its lowest in over a decade, according to a JPMorgan index . The rally in EM assets has been partly fueled by a softening US dollar, pressured by unpredictable policymaking in Washington. Longer-term concerns over Federal Reserve independence, stimulus plans, and widening budget deficits in developed markets are also prompting a reassessment of global investment portfolios. Even as inflows into EM markets accelerate, Barclays Plc analysis shows cumulative investment in these regions remains about 28% below the 2009–2015 trend, pointing to a “trillion‑dollar” shortfall. “We’re off to a potentially multi-year cycle where EM can significantly outperform developed markets for the first time in a long time,” Yacov Arnopolin , a senior emerging-markets portfolio manager at Pimco, said at Bloomberg’s Emerging Markets Investment Forum in New York this month. As concerns over developed‑economy trajectories mount, improving fundamentals in emerging markets — including stronger reserves, progress on reforms, and prudent fiscal and monetary policies — have strengthened investor confidence. “When you see the fundamentals in EM on the fiscal side, you see many places that are either stable or improving,” James Lord , head of emerging-markets currency strategy ...
(RTTNews) - Rheinmetall AG (RHM.DE, RNMBY, RNMBF), a German aerospace and defense company, on Friday said it has signed a multi-year framework contract with the Dutch armed forces for the production and supply of hand grenades, expanding on existing framework agreements covering 155 mm artillery and 40 mm ammunition. The contract has an initial term of five years, with an option to extend for a fu...
(RTTNews) - Rheinmetall AG (RHM.DE, RNMBY, RNMBF), a German aerospace and defense company, on Friday said it has signed a multi-year framework contract with the Dutch armed forces for the production and supply of hand grenades, expanding on existing framework agreements covering 155 mm artillery and 40 mm ammunition. The contract has an initial term of five years, with an option to extend for a further two years, and is valued in the double-digit million-euro range. The agreement covers the delivery of about 15 different types of hand grenades from Rheinmetall production sites in Germany and Austria. The hand grenades will be manufactured at facilities in Trittau and Silberhütte, Germany, and Schwanenstadt, Austria, and are intended to enhance the operational readiness and training of the Dutch armed forces. Rheinmetall is currently trading 1.14% lesser at EUR 1,775 on the XETRA. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Dirk von Mallinckrodt The U.S. and South Korea failed to reach a conclusive trade agreement after the first day of face-to-face talks in Washington, with both sides agreeing to resume talks on Friday, Yonhap News Agency reported. South Korea's Industry Minister Kim Jung-kwan visited the U.S. Commerce Department for negotiations and said he will meet Secretary of Commerce Howard Lutnick again. "We ...
Dirk von Mallinckrodt The U.S. and South Korea failed to reach a conclusive trade agreement after the first day of face-to-face talks in Washington, with both sides agreeing to resume talks on Friday, Yonhap News Agency reported. South Korea's Industry Minister Kim Jung-kwan visited the U.S. Commerce Department for negotiations and said he will meet Secretary of Commerce Howard Lutnick again. "We had extensive talks and agreed to meet again tomorrow morning," Kim told reporters after the meeting. "We have not yet reached a conclusion," he added. Talking about the higher tariffs slapped by the Trump administration, he commented, " Not at the point of saying whether it was prevented or not prevented." Kim plans to meet other senior Trump administration officials, including Energy Secretary Chris Wright, during his stay in Washington. Kim and Lutnick held the meeting in Washington three days after Trump threatened to raise auto, lumber, and pharmaceutical taxes on South Korea from 15% to 25% due to a delay in Seoul's implementation of investment pledges supporting the trade deal. Later, on January 27, Trump expressed willingness to "work something out," prompting urgent talks. A bilateral trade deal that was first struck in late July and finalized months later, under which South Korea committed to $350B in investments in the U.S., among other pledges, in return for lower reciprocal tariffs. ETFs to track: ( EWY ), ( KORU ), ( FLKR ). Dear readers : We recognize that politics often intersects with the financial news of the day, so we invite you to click here to join the separate political discussion. More on South Korea Short Selling And Put Buying Point To Big Tech Rally Dumping U.S. Dollar: Why My Dry Powder Is Now In Swiss Francs Dollar Index Hits 4-Year Low And Traditional Wisdom Can Mislead This Time Trump files $10B lawsuit against IRS, Treasury Department over tax-return leak Market Voices: Trump on Fed nominee, obesity drug warning, Dow layoffs