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Georgia House representative Karen Bennett accused of unemployment fraud

Georgia House representative Karen Bennett accused of unemployment fraud

Georgia Congressman Resigns Amid Fraud Allegations The second Georgia congressman accused of making false claims to receive federal unemployment benefits during the pandemic has announced his retirement. Karen Bennett, from Stone Mountain, roughly 32 miles from Atlanta, is facing charges for allegedly making a false statement regarding her eligibility for benefits. As of Monday, $13,940 […]

Georgia House representative Karen Bennett accused of unemployment fraud

Georgia House representative Karen Bennett accused of unemployment fraud

Georgia Congressman Announces Retirement Amid Fraud Charges A second congressman from Georgia has decided to retire as he faces accusations of fabricating claims to obtain federal unemployment benefits during the pandemic. Karen Bennett, hailing from Stone Mountain, about 32 miles from Atlanta, is reportedly at the center of this legal issue. Allegedly, she made false […]

Silver reaches $65 for the first time; gold increases as U.S. unemployment rate goes up

Silver reaches $65 for the first time; gold increases as U.S. unemployment rate goes up

Silver and Gold Prices Surge Amid Economic Uncertainty On Wednesday, silver prices skyrocketed, reaching a record high of over $65 an ounce, with gold also climbing following disappointing U.S. jobs data that pointed to a sluggish labor market. This has led to increased expectations for interest rate cuts next year. Physical silver surged by 3.3%, […]

November unemployment rate rises to 4.6% as the job market reveals signs of decline

November unemployment rate rises to 4.6% as the job market reveals signs of decline

Job Market Update for November In November, the unemployment rate climbed more than analysts had anticipated, while previous job figures were adjusted downwards, shedding light on some concerns within the labor market. According to the U.S. Bureau of Labor Statistics, employers added 64,000 jobs in November, surpassing expectations by about 50,000—suggesting that hiring remains robust. […]

Audit shows California unemployment wasted $4.6M on cell phones and other devices.

Audit shows California unemployment wasted $4.6M on cell phones and other devices.

California’s Unemployment Agency Wastes Millions on Unused Phones A recent report has revealed that the California Employment Development Department (EDD) has wasted a significant amount of money—over $4.6 million—on unused cell phone plans. This situation has been highlighted by the California State Auditor. Specifically, the agency spent this money on more than 6,200 mobile devices […]

Powell: Fed faces ‘no safe route’ as unemployment and inflation increase

Powell: Fed faces 'no safe route' as unemployment and inflation increase

Fed Chairman Powell Highlights Economic Challenges Jerome Powell, the Chairman of the Federal Reserve, expressed concerns on Tuesday regarding the U.S. economy, stating that serious threats loom regardless of the central bank’s strategy for reducing interest rates. During his address, Powell pointed out the difficult balancing act the Fed faces as it navigates a weakening […]