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rev ira acrees

Bitcoin ETFs lose steam as investors turn to safer bets

May 27, 2026

Investors are pulling money out of Bitcoin ETFs at the fastest rate this year, with over $1. 3 billion exiting just last week. The trend isn’t limited to Bitcoin—Ethereum and smaller cryptocurrencies also saw withdrawals. What’s driving this shift? The bond market is betting big that interest rates

crypto

Stablecoin risks: when digital money loses its dollar anchor

May 27, 2026

Stablecoins promise safety by staying tied to real-world money, but last weekend’s hack shows how easily that promise can break. A European issuer called StablR learned this the hard way when a thief walked away with $2. 8 million after creating $13. 5 million of unbacked tokens. The attack started

crypto

Why U. S. Crypto Growth Stalls Without Better Tax Rules

May 27, 2026

The U. S. is trying to bring order to the wild west of crypto with new rules, but those rules miss a big problem: taxes are still a nightmare. The Clarity Act promises clearer lines for crypto businesses, but it doesn’t fix how crypto taxes work. Right now, reporting forms for crypto trades are conf

politics

Russia and U. S. Clash Over Visa Rejection for UN Meeting

May 27, 2026

On Tuesday, Russia accused the United States of breaking its pledge to the United Nations by refusing a visa for a top Russian diplomat. The issue came up during a Security Council meeting led by China’s foreign minister, where Russia expected its deputy foreign minister, Alexander Alimov, to attend

politics

When Government Fixes Mistakes, Who Really Gets the Blame?

May 27, 2026

A big fund of $1. 776 billion sounds like a way to fix wrongs done by the IRS. The idea is simple: if people feel the tax agency treated them unfairly, they can get money back. Many Americans already distrust the IRS. Stories about unfair audits, slow delays, and even past scandals like targeting co

politics

China pushes for calm as Iran tensions rise

May 27, 2026

Tensions between Iran and the U. S. took another turn this week when American forces launched strikes in southern Iran, claiming they were defensive. Iran quickly called these actions a violation of their ceasefire agreement. At the same time, China stepped in with a message of hope, urging both sid

health

Hospital Closure Leaves Chicago Neighborhood Without Emergency Care

May 27, 2026

A sudden hospital closure in Oak Park has left a Chicago neighborhood struggling to get quick emergency help. When Rev. Ira Acree’s wife needed medical care recently, the trip to the closest hospital took 20 minutes by ambulance instead of the usual five-minute drive. That extra time can mean the di

environment

Small businesses in New York push back against AI data centers

May 27, 2026

Across New York, nearly 500 small business owners are raising alarms about a new tech trend that could drain their resources. They’ve joined forces to call for a three-year pause on building giant AI data centers, worried these facilities will hike up electricity costs, strain water supplies, and ta

lifestyle

What does it mean to be Wasian today?

May 27, 2026

The term Wasian—mixing white and Asian heritage—has popped up everywhere lately, mostly because a bunch of well-known faces have started using it. Think Olympic skaters, actors and musicians who suddenly feel seen in a way they didn’t growing up. For some, the label is helpful. It’s a quick way to s

celebrities

What happens when LA mayoral races get messy?

May 27, 2026

Los Angeles voters are seeing a very unusual race for mayor this year. One candidate stands out not just for his fame, but for how he’s shaking up the usual rules. Spencer Pratt, better known from reality TV, has climbed surprisingly high in the polls, overtaking even the sitting mayor and a promine