Syria substitutes a third of its money within weeks after launching a new currency.
Syria’s Currency Reform Progress Syria’s central bank has updated over a third of its physical cash supply with newly printed banknotes, as noted by Governor Abdulkader Husri in a recent exclusive interview. This change represents a significant step toward regaining financial oversight after years marred by conflict and a sharp devaluation of the currency. In […]
Money for history? Why Evanston’s reparations program falls short
Evanston’s Reparations Program: A Mixed Bag Evanston, Illinois, made a significant step in 2021 by implementing the first race-based reparations plan in the U.S., aimed at addressing historical housing discrimination against Black residents. Since its inception, the program has provided around 40 payments each year. Last year, the city issued 45 payments, but this year, […]
Minnesota fights against ‘ghost students’ draining tax money from financial aid programs
A situation involving “ghost students” is escalating into a significant scholarship fraud crisis within the Minnesota State University system and beyond. These so-called ghost students are accused of using stolen personal data to register for classes online and seek taxpayer-funded financial assistance. In a recent report, the Minnesota system, which comprises 33 colleges and universities, […]
DSA candidates criticize billionaires while continuing to accept money from the wealthy.
It’s interesting, or maybe even a bit ironic, to see left-leaning candidates linked to the Democratic Socialist Party of America (DSA) pulling in significant donations from billionaires. This seems quite at odds with their campaign narratives that criticize the wealthy elite. An email sent out by DSA-LA asked Angelenos to back candidates who “fight ICE, […]
Government tax money supports health care plans in ways you might not be aware of.
Understanding Health Insurance Subsidies Subsidies—whether people see them positively or negatively—have been a hot topic since the Affordable Care Act was signed. Lately, many enrollees have turned their attention to this aspect of healthcare. While lawmakers are still debating the future of healthcare affordability, it’s easy to think that the subsidies tied to the ACA […]
Kentucky licensing scandal: 5 accused of unlawfully granting licenses to immigrants for money
Louisville Residents Indicted for Illegal Driver’s License Scheme A federal grand jury has indicted multiple individuals from Louisville, Kentucky, on February 4, for allegedly participating in the unlawful sale of driver’s licenses to immigrants. Melissa Moorman, who used to work as a clerk at the Near Center licensing branch, notified her supervisor and the Kentucky […]
Fake Publishers Clearing House scams 92-year-old man from Long Island out of a significant amount of money
Two scam artists disguised as clowns managed to deceive a 92-year-old man from Long Island out of a significant amount of money by making him believe he had won $18 million in a Publishers Clearing House sweepstakes, according to prosecutors. Suffolk County District Attorney Ray Tierney stated that Oral Darloo, 31, from Brooklyn, along with […]
Raising Cane’s CEO Todd Graves comes back to LA with more money and celebrity friends than before.
Hollywood Welcomes New Wealthy Players Hollywood is buzzing about its latest influx of wealthy individuals, reminiscent of the past when tycoons like Howard Hughes and Jeff Bezos made headlines. Bezos notably purchased MGM in 2022, showcasing how the rich are often drawn to the entertainment industry. One name creating quite a stir is Todd Graves, […]
Additional parking meters in NYC could bring in $1 billion, think tank informs Mamdani — as residents criticize it as a ‘money grab’
NYC’s Metered Parking Could Expand by $1.3 Billion, Study Suggests A recent study indicates that New York City could increase its revenue from metered parking by up to $1.3 billion annually if it significantly expands metered spots. The administration of Mayor Zoran Mamdani agrees that adjustments are necessary. However, local businesses and residents are vocal […]
Have $2,000? Here are 2 promising growth stocks to invest in that might double your money.
Investing in High-Growth Stocks Amid Market Peaks Even with the S&P 500 index nearing record highs, you might think it’s not the best moment to dive into speculative, high-growth stocks. However, the majority of the index’s advances have come from a handful of major tech companies. This focus leaves many promising stocks off the radar. […]