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On Wednesday, an indictment was unsealed in Central Islip, New York, revealing charges against seven individuals for orchestrating what is considered the nation’s largest COVID-19 tax credit fraud scheme. The defendants are accused of attempting to defraud the United States of over $600 million by filing more than 8,000 falsified…
Ukraine carried out what it said was its “largest attack” against Russian military facilities.The operation early on Tuesday targeted military and energy sites across Russia.It marks Ukraine’s latest effort to degrade the Kremlin’s war machine.Ukraine said its forces carried out what it described as their “largest attack” of the war…
(Reuters) – The Los Angeles wildfires, which have reduced entire neighborhoods to smoldering ruins and left an apocalyptic landscape, could become the costliest wildfires in U.S. history in terms of insured losses if analysts’ estimates of up to $20 billion materialize. Dangerously high winds were expected to resume on Monday…
Investing.com — Christopher Jacobson, options strategist at Susquehanna International Group, weighed in on the approximately 70% surge in the spot Volatility Index () that took place on Wednesday. This represents the largest one-day increase for the measure in the last five years, and the most significant since the “Volmageddon” event…
(Corrects paragraph 9 to remove reference to self-insured plans; paragraph 13 to show it is a specific type of health plan; last paragraph to show survey included employers of 50 people or more) By Amina Niasse NEW YORK (Reuters) -About 44% of U.S. employers with 500 or more employees cover…