Category: Finance
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U.S. Rep. Dan Goldman’s Brooklyn Office Vandalized: Lawmakers Condemn Attack as Democrats Rally in Support
In a distressing turn of events, the expressions sprayed were messages like “BLOOD ON UR HANDS” on the sidewalk and “LET GAZA LIVE” on the building. The Brooklyn office of U.S. Rep. Dan Goldman fell victim to vandalism, as graffiti messages surfaced, sending strong political messages The incident prompted swift condemnation from U.S. Rep. Dan…
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According to the IMF, digital currencies issued by central banks can take the place of cash. “Now is not the moment to go back”
Digital currencies issued by central banks have the possibility to displace cash, but adoption may take some time, according to International Monetary Fund managing director Kristalina Georgieva, who made this announcement on Wednesday. “CBDCs can serve as a substitute for cash, which can be expensive for distribution in island economies,” she stated at the Singapore…
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Loretta Mester Voices Caution Amidst Lower Inflation Reports, Undecided on Future Rate Moves
Cleveland Federal Reserve President Loretta Mester emphasized on Thursday that despite recent reports indicating lower inflation levels, she remains unconvinced that the central bank has definitively triumphed over the challenge of rising prices. Loretta Mester iterated the need for more tangible progress in the fight against inflation, stating, “We’re making progress on inflation, discernible progress.…
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Powerball Winning Numbers Soar to $280 Million for Saturday’s Draw as Jackpot Continues to Elude Players
In anticipation of the upcoming Powerball drawing on Saturday, the jackpot has swelled to a staggering $280 million, following a lack of jackpot winners in Wednesday’s draw. The Powerball winning numbers, drawn just after 11 p.m. ET on Wednesday, were 3, 4, 51, 53, and 60, with a Powerball of 6 and a Power Play…
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Amazon’s Foray into Online Vehicle Sales to Disrupt Local Car Dealership Dynamics with Hyundai Partnership
Following Amazon’s announcement, shares of these local car dealerships dropped by as much as 8% on Thursday, while Amazon’s shares experienced a minor decline of approximately 0.5% during the trading session. Local car dealerships like Carmax, Autonation, and Carvana face a surge in competition as Amazon declared its plans to initiate online vehicle sales next…
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$1.35 Billion Lottery Jackpot Winner Sues His Daughter’s Mother After She Revealed His Win Despite Signing Non-Disclosure Agreement
A $1.35 billion lottery jackpot winner sued his daughter’s mother after she revealed his win despite signing a non-disclosure agreement. Mega Millions Lottery Jackpot Winner Reveals His Daughter’s Mother Publicized His Win Despite Signing Non-Disclosure Agreement with Him An unidentified $1.3 billion lottery jackpot winner revealed that his daughter’s mother publicized his win despite signing…
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November deadline for government shutdown: What impacts Social Security benefits and other things?
Even while many government-funded organizations will be closed on Saturday and their staff aren’t getting paid, Social Security benefits will still be issued. Shorter-term appropriations measures approved by Congress and authorized by the president do not pay Social Security, which is regarded as a necessary program. This implies that even during government shutdowns, it continues…
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November SNAP Benefits Roll Out Across New Mexico, Impacting Thousands of Households
Over the next five days, the program will conclude its distribution for the month. The November SNAP benefits are in the process of disbursing crucial benefits to households across New Mexico, a state where approximately 25% of the population, or 518,800 individuals, rely on food stamps Recipients, identified by the last digits of their Social…
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Northampton County Property Taxes Set to Surge: Board of Assessors Explains Increase Amidst Rising Property Values
In discussions with 22News, the chairman shed light on the factors contributing to this impending Northampton County Property Tax rise. Northampton County property tax is poised to escalate for homeowners across the Pioneer Valley, including Northampton, as revealed by the chairman of the Board of Assessors The real estate landscape has undergone a distinct shift…
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Thomas Vilsack Warns of Critical Underfunding for WIC Program as Congress Grapples with Budget Decisions
While looming budget decisions and a government funding deadline, the fate of safety net programs such as the Special Supplemental Nutrition Assistance Program for Women, Infants, and Children (WIC) hangs in the balance. U.S. Department of Agriculture Secretary Thomas Vilsack expressed deep concerns about the funding levels for WIC, stressing a significant underfunding of the…