13 states will need increased electricity production to meet estimated 2040 demands: report
Demand for electricity is expected to increase significantly through 2040, but there are no plans in place to increase electricity production to meet that projection, according to a new report from the PJM Interconnection-affiliated Clean Energy Grid. PJM coordinates the movement of wholesale energy to 65 million people throughout parts or all of Delaware, Illinois, […]
Queens couple pulls up safe with estimated $100k in cash while ‘magnet fishing’ in NYC park: report
A Queens couple reportedly pulled a safe containing $100,000 in cash from the bottom of a lake in Corona Park while “magnet fishing.” Two anglers, James Cain and Barbie Agostini, were casting a fishing line with a powerful magnet attached to the end into the water on Friday afternoon when they felt something bulky on […]
UK to Pay Out Estimated $12.7 Billion to Infected Blood Scandal Victims
LONDON (AP) – The final report of Britain’s Infected Blood Survey examines how tens of thousands of people were infected with HIV and hepatitis through transfusions of contaminated blood and blood products in the 1970s and 1980s. The announcement will be made on Monday, about six years after it began. . The scandal is widely […]
Biden’s new student debt relief plan estimated to cost $84B: Penn analysis
President Biden’s new student debt relief plan is estimated to cost about $84 billion if implemented, according to a Penn Wharton budget model released Thursday. The model analyzes five elements of Biden’s proposed plan, totaling $84.06 billion in efforts that could be implemented before the November election. The plan’s biggest cost is Biden’s proposal to […]
Sam Bankman-Fried Claims FTX Suffered ‘Zero’ Losses Despite $11 Billion in Estimated Lost Funds
The legal team of disgraced former FTX CEO and Democratic mega-donor Sam Bankman Fried says the SBF fraud cost customers and investors an estimated $11 billion in losses. claimed it was “zero” dollars. Judge Lewis Kaplan on Friday sentenced Bankman Fried to 25 years in prison after being found guilty of five counts of conspiracy […]
Swipe fees cost consumers an estimated $578 million on Valentine’s Day: Study
Swipe fees average 2.24% and are often passed on to consumers. (iStock) If a consumer used a credit card to purchase a gift on Valentine’s Day, they likely paid a high price. Swipe fees (fees charged by credit card issuers and issuing banks to retailers for processing debit and credit card transactions) will cost consumers […]
New York Attorney General triples estimated size of alleged fraud in case against DCG – The Block
New York Attorney General Letitia James expanded the state’s case against Digital Currency Group, tripling the estimated size of the alleged fraud to more than $3 billion. James said that as the investigation continued, the firm realized that more investors had been defrauded and an additional $2 billion in assets had been lost. statement It […]
‘Sugar brother’ Kevin Morris loaned Hunter Biden $6.5M for debts, back taxes; more than previously estimated
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Estimated $1.1B flees GBTC in 3 days as ARK begins buying own Bitcoin ETF – Cointelegraph
Grayscale's Spot Bitcoin (BTC) Exchange Traded Fund (ETF)'s discount rate narrowed to its lowest level in nearly three years, causing investors to rush out of the fund over the past three days. The transaction took an estimated $1.1 billion out of the fund. There was an estimated outflow of $594 million on the third day […]
The fourth quarter estimated tax deadline is Jan. 16 – CNBC
West End 61 | West End 61 | Getty Images The estimated tax payment deadline for the fourth quarter is January 16th, and failure to pay could result in unexpected charges or penalties. I.R.S.. Many employers withhold taxes from all paychecks, but other income, such as freelance, small business, and investment income, requires separate payments […]