BUSINESS

NEWS

United States Imposes Sanctions on Iranian Money Laundering Network
By
Associate Writer
The United States government announced on Friday the imposition of sanctions on over 35 individuals and entities associated with a
The Evolving Landscape of Intellectual Property Law in the Digital Age: Strategies and Challenges
By
Business Editor
In a rapidly digitizing world, intellectual property (IP) law stands at a critical crossroads. As technology transforms how products are
Graduates Rejoice: Realtor.com Unveils Top Rental Markets for 2025
By
Associate Writer
Amid the hustle and bustle of graduation season, Realtor.com has announced its highly anticipated list of the Top Rental Markets

CLIMATE

CHANGE

New Study Reveals Alarming Rise in Methane Emissions Linked to Arctic Warming
By
Environmental Reporter
A groundbreaking study published in the prestigious journal Nature highlights the escalating methane emissions from the Arctic, underscoring a troubling
Climate Change Increases Severity of Obstructive Sleep Apnea
By
Staff Writer
Rising temperatures increase the severity of obstructive sleep apnea (OSA), according to a large new study published at the ATS
2 mins
Marriner S. Eccles Federal Reserve Board Building. © Getty Images
The Ritz Herald
Michael E. Horowitz appointed Inspector General for the Federal Reserve Board and Consumer Financial Protection Bureau

The Federal Reserve Board has announced the appointment of Michael E. Horowitz as the new leader of its Office of Inspector General (OIG), effective June 30, 2025. Horowitz’s role extends to the Consumer Financial Protection Bureau (CFPB), as the OIG is tasked with ensuring the efficiency and integrity of both agencies.

Horowitz succeeds Mark Bialek, who recently retired after an impressive tenure of nearly 14 years as inspector general. His extensive experience spans over 35 years, with a notable reputation in law, public administration, and investigation. Prior to this appointment, Horowitz served as the inspector general for the Department of Justice since April 2012, overseeing critical aspects of law enforcement and federal operations.

During his tenure at the Department of Justice, Horowitz led a committee comprising 21 federal inspectors general, which monitored the disbursement of an unprecedented $5 trillion in pandemic relief funding. His leadership roles also include chairing the Council of the Inspectors General on Integrity and Efficiency and membership on the U.S. Sentencing Commission.

Horowitz’s career began in the Southern District of New York, where he served as an assistant U.S. attorney, ultimately leading the public corruption unit. He holds a Juris Doctor degree from Harvard Law School and a…

In an industry known for volatility and unpredictability, Matthew H. Fleeger has established Gulf Coast Western as a model of stability and growth through strategic innovation and
In the fast-paced world of social media, TikTok has emerged as one of the most influential platforms for content creators and brands alike. Among its standout influencers is
On the evening of May 20th, Azazie, a leading direct-to-consumer retailer known for its exquisite occasionwear, made waves in the fashion industry with the inaugural Azazie Ball.
As the U.S. population ages, more seniors are looking for reliable ways to remain independent while having access to emergency assistance. According to the U.S. Census Bureau,

PUBLIC

INTEREST

U.S. Sanctions Target Cocaine Traffickers Linked to South America
The Ritz Herald

On Thursday, the United States imposed sanctions on four Guyanese nationals and two Colombian nationals implicated in the trafficking of large quantities of cocaine from South America to the United States, Europe, and the Caribbean. This decisive action underscores the U.S. commitment to combatting illicit drug trafficking and ensuring…

ICE, Federal Partners Arrest Nearly 1500 Illegal Aliens in Massachusetts During Immigration Enforcement Operation
The Ritz Herald

U.S. Immigration and Customs Enforcement and federal law enforcement partners apprehended almost 1,500 illegal aliens during a monthlong enforcement operation focusing on transnational organized crime, gangs and egregious illegal alien offenders throughout the Commonwealth of Massachusetts. During the enhanced operation, named Operation Patriot, officers from ICE Boston partnered with…

CULTURE

NEWS

Navigating the Age of AI: 4 Expert Design Tips From Heer Mandalia
By
Culture Editor
The intersection of artificial intelligence and graphic design is rapidly reshaping the creative landscape, opening new doors while posing fresh
4 Pieces of Live Performance Wisdom From Siwon Lee, Korean Jazz Pianist Shaping New York’s Sound
By
Culture Editor
When it comes to navigating the world of live jazz piano, few voices carry the authenticity, resilience, and poetic insight
THIS WEEK'S HEADLINES
Chris Benbow 9, Jun 19 secs
19 secs
The Ritz Herald
Statement from ICE Acting Director Todd Lyons:

What took place in Los Angeles yesterday was appalling. As rioters attacked federal ICE and law enforcement officers on the LA streets, Mayor Bass took the side of chaos and lawlessness over law enforcement.

Our brave officers were vastly outnumbered, as over 1,000 rioters surrounded and attacked a federal building. It took over two hours for the Los Angeles Police Department to respond, despite being called multiple times. The brave men and women of ICE were in Los Angeles arresting criminal illegal aliens including gang members, drug traffickers and those with a history of assault, cruelty to children, domestic violence, robbery, and smuggling.

These violent rioters will be held accountable if they harm federal officers, and make no mistake, ICE will continue to enforce our nation’s immigration laws and arrest criminal illegal aliens. Sanctuary politicians would do well to remember that impeding our efforts only endangers their communities, law enforcement officers, and the detainees they claim to support.

CURRENT EDITION

2 mins
The Ritz Herald
An iceberg floating in Antarctica's McMurdo Sound. © NASA
Methane traps about 30 times more heat than carbon dioxide, so this surge in emissions could significantly intensify climate change
By / Environmental Reporter

A groundbreaking study published in the prestigious journal Nature highlights the escalating methane emissions from the Arctic, underscoring a troubling feedback loop that may further exacerbate climate change. Researchers from the University of Colorado Boulder’s Cooperative Institute for Research in Environmental Sciences (CIRES) reported significant findings that reveal the intricate relationship between rising temperatures, increased rainfall, and methane release.

The paper’s co-author, climate scientist Xin (Lindsay) Lan, noted a marked rise in atmospheric methane levels over recent years, attributing much of this increase to the expansion of wetlands in the Arctic. The research indicates that warming temperatures have enhanced precipitation in the region, resulting in a 25% increase in wetland areas during the warmer months.

As permafrost—permanently frozen soil beneath the surface—continues to melt due to rising temperatures, newly waterlogged soils are creating optimal conditions for methane-emitting microbes to flourish. This natural progression leads to even higher methane emissions, which in turn accelerates warming in a potentially dangerous cycle.

“This study, along with previous research, provides indirect evidence of climate feedback mechanisms related to methane emissions that may be beyond our control,” Lan explained. The implications of these findings are profound, indicating that the effects of climate change are more complex and intertwined than previously understood.

In addition to the concerning rise in methane levels, the research team observed a 10% increase in atmospheric hydroxyl (OH) radicals since 1984. These radicals play a crucial role in removing methane from the atmosphere, suggesting that earlier estimates of methane emissions might have underestimated both the quantity of methane produced and…

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By Sandy Di Angelis Published on Jun 9
2 mins
The Ritz Herald
© U.S. Department of the Treasury
Sanctioning Iran’s “Shadow Banking” network of money launderers and illicit oil traders

The United States government announced on Friday the imposition of sanctions on over 35 individuals and entities associated with a sophisticated money laundering network that supports the Iranian regime. This action targets a network believed to have laundered billions through various exchange houses in Iran as well as foreign front companies, enabling Tehran to fuel campaigns that threaten international peace and further enrich regime elites.

Among those sanctioned are the Zarringhalam brothers, who, along with their associates, have utilized numerous companies based in the United Arab Emirates and Hong Kong. These businesses are accused of assisting designated Iranian individuals in generating revenue from the sale of petroleum and other goods that are under U.S. sanctions.

This sanctions announcement marks the first significant action against Iran’s shadow banking system since President Biden signed the National Security Presidential Memorandum on February 4, which aims to increase pressure on the Iranian regime.

In tandem with the sanctions, the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) released an updated advisory. This advisory is designed to aid U.S. and international financial institutions in identifying and reporting suspicious financial activities related to Iran’s illicit operations. It outlines various forms of illegal financing as well as red flags indicative of Iranian oil smuggling, shadow banking, and the procurement of weapons and dual-use components.

“We will continue to deny Iran access to financial networks and the global banking system…

CURRENT EDITION

The Evolving Landscape of Intellectual Property Law in the Digital Age: Strategies and Challenges
In a rapidly digitizing world, intellectual property (IP) law stands
Graduates Rejoice: Realtor.com Unveils Top Rental Markets for 2025
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Matthew H. Fleeger’s Strategic Innovation at Gulf Coast Western Reshapes Oil Exploration
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Boeing Leads Defense Sector Rally; Ramdedovic Discusses Investment Implications
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Respected across the financial sector for his precise, disciplined investment philosophy, the man behind some of the most talked-about tech and energy calls of the last decade
In a hyper-digital music era where visibility is just a click away, protection and control are often left behind. Enter Chamupa Chenuka—a trailblazer from Sri Lanka whose
In a move aimed at enhancing geographic stability for military families, the Department of Defense (DOD) has issued a memorandum directing military branches to evaluate potential reductions
Students from the SUNY College of Environmental Science and Forestry (ESF) chose to spend spring break in Georgia, engaging in prescribed burns — a forestry management practice

EDITOR'S

CHOICE

What We’re Seeing in Schools as Pandemic-Era Funding Ends

Di Angelis / RH
As pandemic-era federal aid for K–12 schools phases out, districts are entering a critical juncture that demands sharper prioritization, quicker decision-making, and a renewed focus on student impact. Over $1.1

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