Surging demand for emergency contraception in the wake of the Supreme Court decision overturing Roe v. Wade has led to…
Wire Reports
10K Families Left With $50M In Unpaid Bills After Health Ministry Closes
Sharity Ministries, formerly known as Trinity HealthShare, filed for bankruptcy in late 2021 and began the liquidation process. With so many outstanding claims against the ministry, it is unlikely that its members will receive the reimbursements they are owed.
More States Eyeing Financial Literacy As A Graduation Requirement
Florida became the largest and latest state to require high school students to take a financial literacy course before they can receive a diploma.
The Melanin Project: Helping Black Women Get Control Of Their Finances
Afra Smith sees The Melanin Project as a tool not just for education, but for advocacy. She’s adamant that payday loans should be outlawed and that schools should add financial literacy to their curriculum.
Markets Experience Black Thursday Due To Russian Attack On Ukraine
The price of a barrel of oil surpassed $100 for the first time in more than seven years and world stock markets plunged after the launch of a military offensive by Russia against Ukraine.
Merrill Lynch fired a wealth advisor after a video was circulated on social media showing him berating teenage employees in an anti-immigrant rant inside a Connecticut smoothie shop on Saturday.
Washington State’s New LTC Program Hit With Class Action Lawsuit
The WA Cares Fund requires workers in Washington state to pay a premium of 0.58% of their total pay per paycheck, meaning an employee with a salary of $50,000 will pay $290 a year into the fund.
A former Virginia Beach investment advisor was sentenced today to 35 years in prison, following last week’s sentencing of his Williamsburg-based attorney to 10 years in prison, for their roles in a nationwide investment fraud scheme that resulted in over $25 million in losses.
Democrats Seek Tax Hikes To Fully Cover Cost Of Spending Plan
Biden is prodding Democrats to fully cover the cost of the legislation – by raising taxes on corporations and the wealthy, negotiating the price of prescription drugs and dialing up other sources of federal revenue.
Biden Doubling Down On Tax-The-Rich Budget Strategy
President Biden is leaning into his push to increase taxes on the rich as he seeks to unify Democrats in the House and Senate behind a $3.5 trillion bill that would expand federal efforts to fight climate change, reduce the cost of child care, expand educational access, reduce poverty, and more.
Attorney: Murdaugh Asked Man To Shoot Him For $10M In Life Insurance
The goal of the suicide attempt was to allow Murdaugh’s sole surviving son, Buster Murdaugh, to collect an approximately $10 million life insurance policy on the older Murdaugh’s life, his attorney said.
More Americans Looking To Retire Early, Fed Survey Finds
According to a new survey from the New York Federal Reserve, 50.1% of respondents expect to keep working past the age of 62. That’s an almost 2% decline from the year before.
As Pandemic Saving Settles, Inflation Could Sap Surplus
In April 2020, as Americans were receiving their first relief checks and many businesses shuttered their doors to the public, the saving rate hit an all-time high of 33.7%. It peaked again in March 2021, as the latest round of relief payments were received. As of June, it was 9.4%.
Former NFL Players Plead Guilty To Nationwide Health Care Fraud Scheme
Three former National Football League players have pleaded guilty for their roles in a nationwide scheme to defraud a health care benefit program for retired NFL players.
At the height of her power, Elizabeth Holmes wasn’t exactly a girlboss. The founder and former CEO of blood-testing startup Theranos, whose fraud trial begins this week, didn’t place a ton of public emphasis on feminism or building women-centric spaces.
For the average benefit recipient, currently receiving $1,543, that could amount to $94 per month. It’s a few years too late for a serious increase, but certainly better than the 1.3% bump we saw for 2021 and the 1.6% the year before.
Miami-Dade County Circuit Judge Michael Hanzman has appointed a receiver to take over financial decision-making for the condominium association.
The CDC said the delta variant, a version of the coronavirus first identified in India, was first detected in the U.S. in January. It’s now spreading in more than 90 countries.
For Some Americans, Pandemic Prompted Early Retirement
An estimated 3 million people nationwide have left their jobs earlier than expected since the pandemic began in March 2020, according to the U.S. Bureau of Labor Statistics.
Rising Prices Likely To Lead To Higher Social Security COLA
For those who rely heavily on Social Security benefits to pay their bills, the recent uptick in prices in what seems just about everything are cause for concern.
