The economy kicked off 2024 better than practically anyone expected. Now the question is: What will the Federal Reserve do about it? "Inflation looks pretty damn good," said Skanda Amarnath, executive director of Employ America, a think tank that advocates high employment.
It has been the court of instruction 1 of Granada which has given judicial step to this criminal complaint, the Granada lawyer Javier Ortega Pardo, LEXForma lawyers, seeking an indictment for fraud and misappropriation on behalf of some of its 26 clients who paid the reservation of as many apartments in Almuñecar. Considering an average of 20,000 euros per…
The soft landing of the U.S. economy, with inflation losing steam without causing an appreciable deterioration in the labor market, marks the first meeting of the year of the Federal Reserve's monetary policy committee. For the year as a whole, gross domestic product rose 2.5%, according to the first estimate released last Thursday by the Commerce Department's…
Data: Centers for Medicare & Medicaid Services; Map: Axios VisualsA record 21.3 million people signed up for health insurance on the Affordable Care Act marketplaces for 2024, with the largest enrollment increases tallied in Indiana and other red states.Why it matters: The 30.7% annual increase in ACA sign-ups comes as former President Trump's renewed calls for repeal have again…
The Federal Reserve will not move the reference rate in its first monetary policy meeting of the year, and will even give a more conservative message regarding lowering the cost of credit for companies and individuals, according to specialists. The fact that the U.S. economy continues to grow with fewer price problems and full employment makes it more likely…
Most people spend far more attention to building up retirement savings than they do on how to spend it. Here are six expert tips.
Thousands of undocumented immigrants live in Maryland and many of them do not have health insurance that covers regular health check ups and other needs. Some members of the House of Delegates are renewing an effort to allow Maryland’s undocumented population to buy private health insurance through the state’s insurance market place. The legislation, which does not have a bill…
In this way, the United States escaped recession in 2023, a scenario frequently outlined as a possibility by economists and consulting firms, in the context of the high interest rates set by the Federal Reserve to contain inflation. Biden will most likely face former Republican President Donald Trump, who has among his campaign arguments the good health of the…
U.S. financial authorities warned about the increase in investment frauds that supposedly involve artificial intelligence. The Securities and Exchange Commission's Office of Investor Education and Assistance, the North American Securities Administrators Association and the Financial Industry Regulatory Authority also called on users to…
Jan. 24— Janet Yamanaka Mello, the San Antonio civilian employee charged with stealing more than $100 million from the Army, was allowed to retire with full benefits, the San Antonio Express-News has confirmed. Authorities accuse Mello of exploiting lax controls at the command to divert $103 million to her company instead of the educational program it was…
Postolnikov, who owns a few residences on exclusive Fisher Island in Miami, is the nephew of a former high-ranking Russian government official who at one time was a staffer for Russian President Vladimir Putin, according to media reports. The insider trading allegations surfaced in court documents filed last month in a New York securities fraud case brought…
A former nursing home owner who operated 95 facilities in 11 states, including New Jersey, last week admitted orchestrating a $38 million tax fraud scheme that led to his company’ s demise, U.S. Attorney Philip R. Sellinger announced. Joseph Schwartz, 64, of Suffern, New York, pleaded guilty to failing to pay employment taxes that had been withheld from employees of…
America’s aging population faces a grim reality as Social Security trust funds teeter on the brink of depletion. Fund reserves for Social Security and Medicare will be exhausted by 2034, posing challenges to maintaining benefits for current and future beneficiaries. Retiree Financial Crisis on the Horizon Image Credit: Shutterstock / SasaStock The situation presents a dire…
"It's been a steady, ongoing challenge for employers for the last 10 to 15 years," said Marianne Fazen, executive director of the Dallas-Fort Worth Business Group on Health, which helps companies control health costs. Rising costs have been part of an ongoing trend for Texans since at least the early 1990 s, according to nonpartisan public policy nonprofit Texas…
Eli Regalado and his wife were charged with securities fraud, unlicensed broker-dealer activity, selling unregistered securities and imposition of constructive trust.
The Federal Reserve's recently updated Survey of Consumer Finance 2019-2022 analyzes post-pandemic trends— particularly as they affect racial wealth gaps. In 2022, Asian-Americans had a typical family wealth of $536,000, the highest of any race or ethnicity, and nearly twice the typical white family's wealth of $285,000. "Taking a slightly longer-run view,…
Fred Daibes, the developer charged with U.S. Sen. Bob Menendez in an alleged bribery scheme, finally has a court date on 2018 bank fraud charges.
Lynn Ritter and her husband, Kirk Ritter, both 61, hid the body of Mike Carroll, Lynn's father, inside their home for six years. The grisly discovery came when Kirk Ritter reported Carroll's death to police in 2022, revealing an elaborate deception that involved continual excuses to justify the deceased's absence. Lynn and Kirk Ritter are scheduled to appear in…
(Getty Images)This story was originally published by ProPublica. Christy Browne was in a panic. The man on the phone said he was from the FBI. He warned her that drug traffickers had obtained her Social Security number and were using it to launder money. He said the FBI needed money to catch them. “They told me not to go to local law enforcement,” Browne testified in court…
