Texas families save money at the store, but what’s actually covered?
Families in Houston are gearing up to shop for back-to-school items during Texas’s tax-free weekend. One mother’s experience highlights how quickly savings can add up. This weekend, Texas families will benefit from the state’s annual sales tax holiday, which makes shopping for multiple children a bit easier on the wallet. We spoke with Houston resident […]
I’m Thinking About Refusing “Free Money.” It Could Be the Key to Living Life More Fully.
Dear Coast, Your reasoning about “free money” is quite valid. This touches upon one of the major dilemmas in retirement planning. First, let’s discuss Coast FI. For those unfamiliar, this investment strategy allows existing retirement savings to grow through compound interest, potentially eliminating the need for further contributions as retirement approaches. To put it simply, […]
Tornado Cash Developer Roman Storm Found Guilty of Money Transmitting Offense
Simply put Storm was found guilty of operating an unauthorized remittance service. The jury could not reach a verdict on the charges related to money laundering and sanctions violations. Prosecutors requested that Storm be taken into custody, citing his connections to Russia. A judge in Manhattan ruled on Wednesday that Roman Storm was guilty of […]
Money sent to Mexico keeps dropping as ICE raids increase throughout the U.S.
Remittances from undocumented Mexican citizens in the U.S. to Mexico are rising, despite increased immigration enforcement under President Donald Trump. These remittance statistics serve as indicators of how strictly the federal government is applying immigration laws, given that many undocumented individuals work in the U.S. and send money back home. As reported, the Trump administration […]
Mayor Eric Adams denied public money for his NYC re-election campaign while Mamdani and Sliwa received millions.
Mayor Eric Adams’ re-election campaign has once again been denied matching funds, resulting in a significant loss of $3 million. The city’s campaign finance oversight board has alleged that his campaign is obstructing the process. This board, which oversees campaign financing, suggested that Adams, running as an independent in the upcoming November election, might not […]
Bank executive charged with money laundering in lawsuit
A former executive from a Long Island bank has filed a federal lawsuit claiming he was wrongfully terminated after investigating potentially dubious financial activities involving a board member. Ross Marrazzo, who was the Chief Compliance Officer at New York Community Bancorp, asserts his dismissal in September was linked to his objections about Alessandro “Sandro” Dinello’s […]
Education officials in NYC spent $745K of taxpayer money at one restaurant over the past year.
In the last year, education authorities in New York City have allocated $745,000 to a Caribbean restaurant located in Brooklyn. A significant portion—around $618,000—of this amount was generated from a middle school order directed to Fusion East, a restaurant situated in East New York that aims to support minority and women-owned businesses, according to official […]
NYC school secretary confesses to stealing $145K in taxpayer money, escapes prison time
Staten Island School Purchasing Secretary Pleads Guilty to Embezzlement This week, the purchasing secretary admitted guilt in a case involving a contract that siphoned off more than $145,000 from a Staten Island public school over a span of seven years, although full reparations will be required. Michele Cenci, who had complete control over the checkbook […]
Proof of Explosives Discovered in Arrest of Suspected ISIS Money Distributor
Arrest of Long Beach Man for Alleged Support of ISIS The U.S. Attorney’s Office for the Central District of California has announced the arrest of a 28-year-old man from Long Beach, who allegedly sent 12 payments to the terrorist organization ISIS. Mark Lorenzo Villanueva, a legal permanent resident originally from the Philippines, has been accused […]
Large Contractor Continues To Receive Taxpayer Money Despite Trump’s Promise To Curb Corrupt Agreements
Booz Allen Hamilton, a major government contractor, continues to rake in billions from taxpayer funds, despite the federal administration’s promise to tackle inefficiencies in federal contracts. Since the Trump administration’s arrival, there has been a commitment to address waste in government dealings, which has led to speculation about the potential decline of the consulting sector. […]