Zohran Mamdani’s ambitious strategy to tap into NYC’s rainy day fund may face hurdles as comptroller takes action.
New Limits Proposed for NYC’s Rainy Day Fund City Comptroller Mark Levin has put forward new regulations aimed at restricting contributions to New York City’s “Rainy Day” fund. This proposal may thwart Mayor Zoran Mamdani’s strategy to tap into this fund to address a substantial $5.4 billion budget deficit. In a report released on Thursday, […]
WGA Agreement: $321 Million for Health Fund, Improved Residuals, AI Discussions
Writers Guild Agreement with Studios Alters Health Plan The Writers Guild of America (WGA) announced a new agreement with major studios on Wednesday, which will see TV and film writers facing increased medical expenses. In exchange, studios are set to contribute a record-setting $321 million to sustain the health fund for screenwriters. This change to […]
The End of Key Fund Means More Trouble for America’s Deteriorating Roads
Warnings are mounting regarding the state of America’s highway infrastructure, already struggling as essential transportation funds dwindle rapidly. The Highway Trust Fund (HTF), which supports roads, bridges, and public transit, is projected to run out by 2028, as highlighted in a letter sent to Congress by over 100 economists and policy experts. The depletion of […]
California is a sanctuary state, yet its public pensions fund companies collaborating with ICE.
California Pension Funds Invest Heavily in ICE Contractors California’s largest pension funds have reportedly put over $2.7 billion into firms working with Immigration and Customs Enforcement (ICE) and the Department of Homeland Security, according to a recent analysis. CalPERS, which manages retirement funds for public employees, has invested around $1.6 billion in various tech firms […]
Inside the last-minute scramble in Congress to fund the DHS
Imagine the scene: Congress passing a significant bill at 2:19 a.m. on a Friday, without a formal roll call vote. I mean, how does that even make sense, right? Well, it happened just last week when the Senate managed to approve a bill funding a large part of the Department of Homeland Security (DHS) for […]
Ex-Police Chief Accused of Stealing $30,000 from Children’s Christmas Fund
Former Police Chief Arrested for Alleged Theft The Georgia Bureau of Investigation (GBI) has announced the arrest of a former police chief on theft charges, according to a press release issued on March 24. Woodrow “Pee-wee” Wilson Burkhalter, who previously served as the police chief in Pearson, Georgia, has been indicted on 28 counts of […]
Former police chief and spouse alleged to have taken $33K from holiday gift fund for needy children.
Police Chief and Wife Accused of Stealing from Children’s Christmas Fund A police chief and his wife are facing serious allegations for reportedly stealing over $30,000 from a Christmas fund designated for underprivileged children in their Georgia county. Woodrow “Peewee” Wilson Burkhalter, age 55, along with his 53-year-old wife Angela, are accused of embezzling around […]
Trump indicates he will send ICE agents to airports if Democrats refuse to fund DHS
Trump Threatens ICE Deployment at Airports Amid Funding Stalemate President Donald Trump announced on Saturday that he may send ICE officers to airports nationwide if Democrats do not agree on funding for the Department of Homeland Security (DHS). He stated, “We will send highly qualified and patriotic ICE officers to our airports to provide security […]
New Ethereum Fund by BlackRock to Distribute 82% of Rewards to Investors
Simply put BlackRock’s ETHB fund will distribute 82% of staking rewards to investors via monthly payments. In contrast, Grayscale, its main rival, passes on 94% of fees through mini-ETFs and 77% via its ETHE fund. ETHB is the third US Ethereum staking product launched after Grayscale and REX-Osprey beat BlackRock to the market. BlackRock is […]
Maryland Democrats Aim to Tap Green Energy Fund to Address Growing Budget Deficit
Maryland Governor Wes Moore’s Budget Proposal Raises Concerns Over Green Programs Democratic Governor of Maryland, Wes Moore, is pushing for changes that could impact millions involved in green initiatives, all in response to the state’s budget crisis. In his budget proposal for 2027, Moore aims to redirect about $300 million from the Strategic Energy Investment […]