People who have been scammed may have to pay taxes on the money they lost. A proposed bill in Congress could provide assistance.
Victims of fraud often face an additional financial hit: they have to pay taxes on money that was stolen from them. Since 2018, there’s been a restriction on how fraud victims can claim losses on their tax returns, thanks to changes made under the 2017 Tax Cuts and Jobs Act. This legislation, informally termed President […]
Council pay increase is an unfair joke on New York’s working individuals
NYC Councilors Vote for Pay Increase New York City councilors, many of whom have few significant jobs outside of politics, recently decided to approve a pay raise that surpasses the salaries of U.S. senators and most governors. The proposed 18.2% increase would elevate their salaries to $175,000, which is significantly higher than what most of […]
Influential union leader advocated for $10K pay increase for teaching assistants
Controversial Raise for Teaching Assistants Revealed On Friday, it was disclosed that Michael Mulgrew, who leads the influential United Federation of Teachers, was instrumental in pushing for a City Council initiative aimed at increasing teaching assistants’ salaries by $10,000, all while the education budget remains considerably high. Mulgrew allegedly encouraged supporters in the City Council, […]
Mandy Matney held in contempt, required to pay $171,500 in legal costs
Nancy Grace Critiques Alex Murdaugh’s Retrial: “Section 2 is the Same as Section 1” Former prosecutor Nancy Grace has shared her thoughts on Alex Murdaugh’s upcoming retrial in Beaufort, South Carolina. This follows the overturning of his murder conviction. She’s curious about the likely change of venue and examines the defense’s approach, which seems to […]
Taxpayers may have to pay over $10M for legal defense of Tyler Robinson, the accused killer of Charler Kirk.
Taxpayers in Utah may end up facing costs exceeding $10 million to defend Tyler Robinson in the high-profile Charlie Kirk assassination case, according to experts. Such capital murder cases are often expensive; the stakes are high, and prolonging appeals could last for years, even after a conviction. Neema Rahmani, a former prosecutor not connected to […]
3 Social Security Changes Retirees Need to Pay Attention to This Year
Quick Read Forecasts for the cost-of-living adjustment (COLA) in early 2027 suggest a range between 3.8% and 4.7%, up from 2.5% in 2026. The Social Security Administration (SSA) is expected to make an official announcement in October. The proposed Elderly Labor Freedom Act aims to remove means testing, allowing retirees to work before reaching full […]
State Health Plan premiums may increase again, and some individuals might pay extra to maintain their doctors.
Potential Premium Increases for North Carolina’s State Health Plan Hundreds of thousands of residents insured by North Carolina’s state health plan might face another rise in health insurance premiums next year. A board meeting is scheduled for Friday where directors will discuss and vote on new premium rates, alterations to benefits like deductibles, and a […]
USMNT’s earnings from the 2026 World Cup will be distributed with USWNT following the equal pay agreement.
The U.S. women’s national soccer team won’t kick off its World Cup journey until 2027, yet it will still benefit financially from this year’s tournament. After making it to the Round of 16, the U.S. men’s national team secured $16 million from FIFA before falling to Belgium with a 4-1 scoreline in Seattle. Thanks to […]
Key 10 market updates to pay attention to on Wednesday
Klarna aims for a U.S. banking license in its latest expansion beyond buy now, pay later.
Klarna Seeks U.S. Banking License On September 10, 2025, Sebastian Siemiatkowski, CEO and co-founder of Klarna, a Swedish fintech renowned for its buy now, pay later services, spoke with CNBC during the company’s IPO on the New York Stock Exchange. Recently, Klarna announced that it has filed applications with both federal and state regulators to […]