Call for ‘financial protection’ for schools in England with crumbling concrete | Schools
Headteacher unions are calling on the government to provide “financial protections” for schools at risk of collapse and provide funding to help students make up for lost learning. In 2023, schools have been instructed to close buildings containing reinforced autoclaved aerated concrete (RAAC) where existing safety measures are not in place. Pepe DiAccio, general secretary […]
Ex-Biden official in NH primary raises questions with 'bizarre' financial disclosure
Maggie Goodlander is a candidate in the Democratic primary for the seat of retiring Rep. Annie Kuster (D.N.H.). Personal Financial Disclosure This has raised questions about the actual value of her substantial assets. Goodlander is married to Jake Sullivan, a former senior Justice Department official and national security adviser under President Biden. She is running […]
Inside Travis Kelce’s ever-growing financial empire after $100M Amazon deal
An already impressive 2024 offseason just got even better for Travis Kelce. As he prepares for his 12th NFL season and a chance to win a third straight Super Bowl with Kansas City, the Chiefs' star tight end, who co-hosts the popular podcast “New Heights” with his brother Jason Kelce, signed a mega deal with […]
TD Bank takes US$2.6 billion hit on money laundering probe, sells Schwab shares – Financial Post
Article Contents Toronto-Dominion Bank has set aside $2.6 billion in provisions for penalties over anti-money laundering failures and has sold some of its shares in Charles Schwab Corp. to help raise the money. Canada’s second-largest bank made the announcement after the market closed on Wednesday. Its stake in Schwab will fall to 10.1 percent from […]
Trump owes over $500m in civil penalties, financial disclosure shows | Donald Trump
Donald Trump has made hundreds of thousands of dollars from his branded Bibles and millions from his real estate holdings, but he also owes millions in defamation and fraud cases, his latest financial disclosures reveal, shedding little light on the perennial question of whether the Republican presidential nominee is actually solvent. Plenty of volume Disclosure […]
US stocks rally as strong retail sales raise hopes of ‘soft landing’ – Financial Times
Positive US retail sales data and strong performance from Walmart lifted markets and boosted confidence that the US economy will avoid a recession and achieve a “soft landing”. The new optimism spurred a rally on Wall Street, with the S&P 500 closing up 1.6%, enough to erase the index’s entire August decline. The tech-heavy Nasdaq […]
Americans face another financial burden: Rising electricity costs
Seema Shah, chief global strategist at Principal Asset Management, analyzes the labor market and discusses the risks of a recession on “Making Money.” High inflation may finally be starting to subside, but rising electricity prices are Financial pressures It affects millions of households across the United States. The Labor Department said on Wednesday that electricity […]
DOJ asks court to toss Alex Murdaugh appeal on federal financial crimes
Federal prosecutors have asked the court to dismiss Alex Murdaugh’s appeal of federal financial crimes charges because he is seeking a reduced sentence after being convicted of murder and fraud, according to court documents. The defendants argued that as part of a plea agreement, they waived their right to appeal the sentence when they admitted […]
Pharmacies in England cutting services amid financial pressures, research finds | NHS
Research has revealed that pharmacies across England are failing to deliver vital NHS and public health services due to the overwhelming financial and operational pressures they face. In a poll of pharmacy managers representing more than 2,100 pharmacies, more than 96% of respondents said they had stopped providing local referral services in the past 12 […]
Intel Announces Dismal Financial Results, Will Lay Off 15,000 Workers
Intel, the world’s largest chipmaker, has announced a massive $10 billion cost-cutting plan that includes cutting more than 15,000 jobs, or about 15% of its global workforce, while the administration plans to spend $8.5 billion as part of the CHIPS Act, which aims to create high-tech jobs. The Verge Reports Intel CEO Pat Gelsinger announced […]