This money manager is taking a different approach than Warren Buffett with these two stocks Berkshire is purchasing.
A recent regulatory filing revealed that Warren Buffett’s Berkshire Hathaway has significantly increased its investment in Constellation Brands, which specializes in beer and wine, during the last quarter. Nonetheless, not everyone shares Buffett’s enthusiasm. James DeMart, the chief investment officer at Main Street Research, appeared on CNBC’s “Power Lunch” and critiqued Buffett’s investment strategies while […]
NYC official seeks to stop Cuomo from using taxpayer money in mayoral campaign: ‘Not following the rules’
A city council member is pushing to prevent former Governor Andrew Cuomo from receiving public matching funds for his mayoral campaign. Council member Lincoln Restler (D-Brooklyn) urged the Campaign Finance Committee (CFB) to deny taxpayer money to Cuomo, accusing him of violating campaign rules through an “amendment” of a Super PAC and possibly running an […]
Chinese Operatives and Drug Money: The Daylight Laundering of Mexican Cartel Cash
Mexican Drug Cartels Collaborate with Chinese Money Laundering Network A recent report from the Wall Street Journal reveals that Mexican drug cartels are teaming up with a network in China to generate substantial profits from drug sales for Chinese citizens in the U.S. The Sinaloa Cartel, once headed by Joaquin “El Chapo” Guzman, is said […]
Harvard University Raises Money for Important Research Following Federal Grant Reductions
Harvard University Allocates $250 Million for Research Amid Federal Budget Cuts Harvard University has announced plans to invest $250 million in “critical research” after the U.S. government revealed significant budget cuts affecting elite institutions. Federal agencies are set to cut $2.6 billion in grants to Harvard, citing allegations of discrimination at the prestigious university. The […]
US Banks at Risk of Being Targeted by Money Launderers
Concerns Over Money Laundering Ties to U.S. Banks U.S. banks are becoming increasingly aware of being entangled in a money laundering scheme linked to drug cartels. The Underground Banking Network is reportedly collaborating with these cartels to funnel cash from drug sales into bank branches and ATMs, according to a recent report. Frank Tarentino, a […]
Voters promised $100 by Musk’s PAC claim they didn’t receive the money.
A new lawsuit has been filed against Elon Musk’s US PAC, asserting that the organization failed to compensate voters as promised for signing petitions during Donald Trump’s 2024 campaign. The lawsuit was initiated by three plaintiffs from Pennsylvania, Nevada, and Georgia last week, representing individuals who claim to be in similar positions. They state that […]
‘I’m intending to use that money’: Woman claims Truist Bank is keeping $30,000 of her funds locked away
ATLANTA – Truist Bank Freezes Large Checks for Georgia Business Owner For almost six months, Truist Bank has been holding checks over $30,000 that a Georgia woman deposited into her business accounts. “Is that what you’re going to do, keep that money forever?” Christine Knipp questioned. Back in November, Knipp opened a new business account […]
Senate Republicans oppose using taxpayer money for Tish James’ fund that might cover her legal expenses.
The state Senate Republicans are challenging the $10 million “slush fund” that was quietly included in the Empire budget, which could be used to fund Attorney General Letitia James’ legal costs as she deals with a criminal investigation. The GOP has urged state director Tom DiNapoli to reject this expenditure, referencing remarks from Democrats who […]
House GOP Proposal Would Create 5 Percent Tax on Money Sent by Unauthorized Immigrants
House Republicans Propose New Tax on Remittances On Monday, House Republicans introduced a law proposing a 5% tax on money transfers from undocumented migrants to individuals outside the United States. The legislation, part of President Donald Trump’s “Big and Beautiful” Bill, specifies that remittances sent by verified U.S. citizens are exempt from this tax. Additionally, […]
Concerns increase that Blackburn may leave WSL 2 because of money issues.
Concerns are rising that Blackburn Rovers might pull out of the Women’s Super League 2 for the upcoming season. Although no official decision has been announced yet, various sources indicate that the club has not fully secured the extra funding needed to meet the league’s minimum requirements for the 2025-26 season. Simon Parker’s team ended […]