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Tony Blair’s son seeks $200m for new defence startup, reports say●Singapore's upgraded economic outlook a 'bullish signal' of AI-driven expansion, but other sectors also contributing: Experts●AST SpaceMobile missed earnings estimates but kept its full-year revenue outlook●AST SpaceMobile Q2 2026 earnings miss, full-year guidance held●Why Nigeria’s Airtime credit market faces higher operating, consumer costs – Experts●SK Hynix Has Suffered Post-IPO as Memory Flags: A Wall Street Pro Remains Sanguine With 160% Returns Predicted●Exclusive-Sri Lanka central bank sees no need for further rate hikes this year, governor says●With Bank of America at Record Highs, Wall Street Is Bullish but Retail Is Wary●Tony Blair’s son seeks $200m for new defence startup, reports say●Singapore's upgraded economic outlook a 'bullish signal' of AI-driven expansion, but other sectors also contributing: Experts●AST SpaceMobile missed earnings estimates but kept its full-year revenue outlook●AST SpaceMobile Q2 2026 earnings miss, full-year guidance held●Why Nigeria’s Airtime credit market faces higher operating, consumer costs – Experts●SK Hynix Has Suffered Post-IPO as Memory Flags: A Wall Street Pro Remains Sanguine With 160% Returns Predicted●Exclusive-Sri Lanka central bank sees no need for further rate hikes this year, governor says●With Bank of America at Record Highs, Wall Street Is Bullish but Retail Is Wary●

Front Page

The US tried to stop cartel money-laundering. It devastated mom-and-pop businesses instead

Business | The Guardian · 1h ago · 🇺🇸 United States

The US tried to stop cartel money-laundering. It devastated mom-and-pop businesses instead

Small businesses pay hidden toll after money-transfer rule change to curb illicit activities near the US-Mexico border Last April, the Trump administration rolled out its latest tool in the fight against Mexican cartels: an aggressive crackdown on money transfers near the US-Mexico border . The administration said that, in an effort to stop money laundering and other illicit activity, it would now require any business providing financial services in the region to report cash transactions over $200. Previously, the amount had been $10,000. Continue reading...

Read the full story at Business | The Guardian →

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