The $500 million sports investment fraud scandal with Josh Wander and 777 Partners
New York/Miami in October 2025 The U.S. Department of Justice has charged Josh Wander, co-founder of Miami-based investment firm 777 Partners, in one of the most shocking financial scandals to hit the global sports investing business. Federal officials said that Wander orchestrated a $500 million fraud operation by lying to investors, putting up bogus financial papers, and promising assets he didn't have, like ownership in well-known European and South American football clubs. Wander has been charged with wire fraud, securities fraud, and conspiracy by the Southern District of New York. A person who commits any of these acts could spend up to 20 years in jail. (From the Associated Press, October 2025) ...
Global Markets React to U.S. Inflation and Fed Outlook
New York, London, and Tokyo in October 2025 The most recent U.S. Consumer Price Index (CPI) report came out this week and said that inflation is still higher than expected. This made investors ponder again about how probable it is that the Federal Reserve will cut interest rates. The U.S. Bureau of Labour Statistics gave us numbers that showed the CPI increasing increased 0.4% from one month to the next and 3.7% from one year to the next. This was more than the 3.5% projection. The unexpected rise made markets fall all over the world and government bond yields rise to their highest levels in months. The results made people conclude that inflation is still high in the world's biggest economy, even after two years of substantial monetary tightening. What Wall Street Did: Stocks Went Down and Yields Went...
China’s Manufacturing Rebound Sparks Optimism in Global Trade
New York, London, and Tokyo in October 2025 The most recent U.S. Consumer Price Index (CPI) report came out this week and said that inflation is still higher than expected. This made investors ponder again about how probable it is that the Federal Reserve will cut interest rates. The U.S. Bureau of Labour Statistics gave us numbers that showed the CPI increasing increased 0.4% from one month to the next and 3.7% from one year to the next. This was more than the 3.5% projection. The unexpected rise made markets fall all over the world and government bond yields rise to their highest levels in months. The results made people conclude that inflation is still high in the world's biggest economy, even after two years of substantial monetary tightening. What Wall Street Did: Stocks Went Down and Yields Went...
OPEC+ Holds Production Steady, Driving Oil Prices Lower
In October 2025, Vienna, Riyadh, and New York When OPEC+ chose to keep production levels the same this week, even though there were signs that demand was rising around the world, the global oil markets plunged significantly. Brent crude fell 2.1% to $82 a barrel, and WTI crude fell 2.5% to $78 a barrel. This made the energy markets less stable. Analysts say that the statement shows that OPEC+ is being careful about balancing oil prices with global economic concerns, like inflation, less industrial activity in big economies, and political problems in places where oil is produced. OPEC+ Strategy: Don't do anything different Saudi Arabia, the UAE, Russia, and other members of the OPEC+ coalition agreed to keep the current output limits in place during the OPEC+ ministe...
