Finances

Florida Woman Arrested for Embezzling Over Half a Million from Local Church

A Florida woman entrusted with managing church finances is now facing serious criminal charges after allegedly stealing more than half a million dollars from a Nassau County congregation.

Trump Establishes U.S. Crypto Strategic Reserve, Boosting Digital Asset Values

Trump announced the creation of a U.S. Crypto Strategic Reserve, incorporating cryptocurrencies such as Bitcoin, Ethereum, XRP (Ripple), Solana (SOL), and Cardano (ADA).

Biden Pardons Family Members in Final Moments of Presidency

As one of his final actions as president, Joe Biden issued pardons for five of his family members.

American Credit Card Defaults Hit Highest Levels Since 2008 Crisis

American credit card defaults have surged to the highest levels since the aftermath of the 2008 financial crisis, as consumers continue to grapple with years of high inflation. In the first three quarters of 2024, credit card lenders wrote off $46 billion in delinquent loan balances, marking a 50 percent increase from the same period last year. These write-offs, considered a highly monitored measure of loan distress, are the highest since 2010, according to industry data gathered by BankRegData.

Social Security Full Retirement Age to Increase in 2025

Social Security’s full retirement age (FRA) is set to rise again in 2025, impacting those nearing retirement who want to claim their full benefits.

Embattled Dolton Mayor Tiffany Henyard Loses Township Nomination Amid Controversy

Dolton Mayor Tiffany Henyard lost her bid for re-nomination as Thornton Township supervisor in a historic Democratic caucus Tuesday night. Henyard, who currently holds the position, was disqualified from the ballot for failing to meet slate requirements, including not having a certified assessor.

San Francisco’s New Mayor Inherits Nearly $1 Billion Budget Crisis

San Francisco Mayor-elect Daniel Lurie faces a daunting task as he prepares to address the city’s $876 million budget shortfall when he takes office on January 8. The fiscal crisis stems from pandemic-era decisions, declining tax revenue, and rising costs.

Chicago Residents Voice Frustrations Over Budget Crisis and Deficit

Chicago residents are voicing their dissatisfaction as the city grapples with a billion-dollar budget deficit. During a city council meeting Monday, public comments reflected growing frustrations with Mayor Brandon Johnson’s policies, particularly his approach to sanctuary city initiatives and proposed tax increases.

Big Lots Files For Bankruptcy

Big Lots, a popular discount retailer, has filed for Chapter 11 bankruptcy protection. The company has struggled to navigate tough economic conditions, including reduced consumer spending and inflation.

Advertising Group Dissolves Following Conservative Pushback

The Global Alliance for Responsible Media (GARM), an advertising entity, announced that it has disbanded following lawsuits alleging it censored conservative voices.

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