New Jersey Democrats Approve Bill to Punish Towns Fighting Affordable Housing By Withholding State Grants and Financial Aid
NJ lawmakers give housing-compliant towns first shot at state grants Trenton, NJ – New Jersey’s Democrat lawmakers are making their point clear to municipalities across the state: build high density affordable housing,…
Jackson school district falls off ‘financial cliff’, superintendent says
JACKSON, NJ – The Jackson School District is over $12 million short on its 2023-24 budget and is blaming Governor Phil Murphy and his new S2 funding formula for a reduction in…
Oklahoma Blacklists Over A Dozen Major Financial Firms For Boycotting Oil And Gas
Oklahoma Blacklists Over A Dozen Major Financial Firms For Boycotting Oil And Gas John Hugh DeMastri on May 3, 2023 The state of Oklahoma will no longer work with 13 financial firms…
Fed Hikes Rates To Highest Levels Since Eve Of 2008 Financial Crisis
Fed Hikes Rates To Highest Levels Since Eve Of 2008 Financial Crisis Jason Cohen on May 3, 2023 The Federal Reserve hiked its benchmark federal funds rate by a quarter of a…
DeSantis Signs Legislation Cracking Down On ‘Woke Ideology’ In The Financial Sector
DeSantis Signs Legislation Cracking Down On ‘Woke Ideology’ In The Financial Sector Mary Lou Masters on May 2, 2023 Republican Florida Gov. Ron DeSantis signed legislation Tuesday to combat environmental, social and…
Elderly Union County Woman Found Guilty of Poisoning Husband for Financial Gain
UNION COUNTY, PA – A Union County jury found 78-year-old Myrle Miller guilty of first-degree murder and five other felonies for poisoning her husband, John Nichols, in 2018. The additional charges include…
Big Banks Win Big After Financial Sector’s Chaotic Start To The Year
Big Banks Win Big After Financial Sector’s Chaotic Start To The Year Jason Cohen on April 17, 2023 Some of the largest financial institutions posted positive earnings despite bank turmoil during the…
NBA Agent and Financial Advisors Charged in $13 Million Fraud Scheme
NEW YORK, NY – Four professional basketball players were defrauded of over $13 million, resulting in charges against Darryl Cohen, Brian Gilder, Charles Briscoe, and Calvin Darden, Jr. The U.S. Attorney for…
Financial Ratings Giant Issues Chilling Prediction For Entire Banking Industry
Financial Ratings Giant Issues Chilling Prediction For Entire Banking Industry Laurel Duggan on March 14, 2023 Moody’s Investor Service changed its view on the entire banking system from stable to negative Monday…
CBP Phone Scam Continues to Target Citizens Callers seek information to bypass financial protocols
HOUSTON – Telephone scammers are targeting residents nationwide to gain personal information that would bypass financial security protocols. U.S. Customs and Border Protection employees are continuing to receive numerous calls from people…
Former Rep Behind Landmark Financial Reform Law Is On The Board Of NY Bank That Biden Is Bailing Out
Former Dem Rep Behind Landmark Financial Reform Law Is On The Board Of NY Bank That Biden Is Bailing Out Jason Cohen on March 13, 2023 Former Democratic Rep. Barney Frank of…
SEC Staff Consulted With Green Financial Firm Accused Of Selling ‘Fictitious’ Carbon Credits
SEC Staff Consulted With Green Financial Firm Accused Of Selling ‘Fictitious’ Carbon Credits John Hugh DeMastri on March 11, 2023 U.S. Securities and Exchange Commission (SEC) officials met with representatives of a…
Discover Financial Will Begin Tracking Firearm Purchases In April
Discover Financial Will Begin Tracking Firearm Purchases In April Bronson Winslow on March 3, 2023 Discover Financial Services has joined a coalition of companies that intend to track firearm and firearm-related purchases…
Supreme Court To Decide Fate Of Key Financial Regulator: ‘Constitutional Defects’
Supreme Court To Decide Fate Of Key Financial Regulator: ‘Constitutional Defects’ Katelynn Richardson on February 27, 2023 The Supreme Court announced Monday it would take up a case challenging the Consumer Financial…
Financial Advisor Sentenced To 42 Months In Prison On Fraud And False Statement Charges
Damian Williams, the United States Attorney for the Southern District of New York, announced that ADAM BELARDINO, the former chief executive officer of the Maddox Group, was sentenced in White Plains federal…
EJ ANTONI: America Is Hurtling Toward Financial Calamity. It’s Not Too Late To Change Course
EJ ANTONI: America Is Hurtling Toward Financial Calamity. It’s Not Too Late To Change Course E.J. Antoni on February 7, 2023 Much of the rhetoric around the debt ceiling is either hyperbolic…
Oklahoma Treasurer Presses Financial Institutions To Say Whether They’re Boycotting Energy Firms
Oklahoma Treasurer Presses Financial Institutions To Say Whether They’re Boycotting Energy Firms John Hugh DeMastri on February 1, 2023 Republican State Treasurer Todd Russ of Oklahoma sent a letter to over 100…
People Are Falling Behind On Their Car Payments At Levels Not Seen Since The Financial Crisis
People Are Falling Behind On Their Car Payments At Levels Not Seen Since The Financial Crisis John Hugh DeMastri on January 25, 2023 The portion of Americans that are “severely delinquent” on…
Governor Hochul silent after NYC Mayor requests financial assistance for transported migrants
by Jennie Taer NEW YORK, NY – Mayor Eric Adams’ requests to assist illegal migrants arriving in New York City have yet to be answered by Democratic New York Governor Kathy Hochul.…
Former Chief Financial Officer Of Email Security Company Pleads Guilty To $50 Million Scheme To Defraud Investors And Lenders
Damian Williams, the United States Attorney for the Southern District of New York, announced today that NIHAT CARDAK, the former Chief Financial Officer (“CFO”) of the Virginia-based email security company GigaMedia Access…
Man beaten and robbed inside financial downtown subway station in broad daylight
NEW YORK, NY – A 46-year-old man was beaten and robbed by two unknown suspects inside the Rector Street subway station in downtown Manhattan on Thurdsday. On Monday, detectives with the New…