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Monthly Archives: December 2022

House passes $858 billion defense bill that would scrap Covid vaccine mandate

WASHINGTON — The U.S. House has passed a massive bill to fund the Defense Department for fiscal year 2023, teeing up a final vote in the Senate in the coming days that would send the $858 billion behemoth to President Joe Biden’s desk, where he is expected to sign it. …

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FTX CEO Sam Bankman-Fried hit with campaign finance complaint

Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, US, on Wednesday, Aug 17, 2022. Jeenah Moon | Bloomberg | Getty Images CREW’s complaint said Bankman-Fried in his own words admits he …

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Public Service Loan Forgiveness fix benefits student loan borrowers

Smiling female professor reading an e-mail on a computer in the classroom. Copy space. Skynesher | E+ | Getty Images In October 2021, the Biden administration announced a one-year opportunity for student loan borrowers pursuing the Public Service Loan Forgiveness to get closer to being debt-free. Signed into law by …

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FTC sues to block Microsoft’s acquisition of Activision Blizzard

The Federal Trade Commission said on Thursday it has filed an antitrust case against Microsoft to challenge the software maker’s attempt to acquire video game publisher Activision Blizzard. This isn’t Microsoft’s first time dealing with competitive pressure. In 1998 the U.S. Justice Department filed a broad antitrust case against the …

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Hasbro defends Magic: The Gathering strategy

A Magic: The Gathering card is displayed on a mobile phone during a weekly tournament at the Uncommons hobby shop in New York, U.S., on Thursday, June 27, 2019. Photographer: Mark Abramson/Bloomberg via Getty Images Mark Abramson | Bloomberg | Getty Images Hasbro is defending its strategy for its popular …

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U.S. lawmakers press federal banking regulators on industry’s exposure after FTX collapse

The logo of FTX is seen on a flag at the entrance of the FTX Arena in Miami, Florida, November 12, 2022. Marco Bello | Reuters Top Senate Democrats pressed key banking regulators on possible ties between the industry and digital currency exchanges following the bankruptcy of major cryptocurrency firm, …

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States at highest risk of identity theft, fraud: Washington D.C., more

Online fraud cases, including identity theft, have hit all-time highs in recent years — which means you’re likely more at risk than ever of having your personal information targeted by hackers or other bad actors. Consumers filed more than 5.7 million fraud reports with the Federal Trade Commission last year, …

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GameStop, Dexcom, Cano Health and more

Traders work on the trading floor at the New York Stock Exchange (NYSE) below GameStop signage in New York, August 8, 2022. Andrew Kelly | Reuters Check out the companies making headlines in midday trading Thursday. GameStop —  Shares of the video game retailer and meme stock jumped more than …

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Long Covid is distorting the labor market, hurting the U.S. economy

Charlotte Hultquist Charlotte Hultquist Weeks after Charlotte Hultquist got Covid-19 in November 2020, she developed a severe pain in her right ear. “It felt like someone was sticking a knife in [it],” said Hultquist, a single mother of five who lives in Hartford, Vermont. The 41-year-old is one of millions …

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Red flags that your spending is out of control

Most people carry some debt, but knowing when it’s getting out of control is another matter. While everyone’s financial situation is different, there are some tell-tale signs that you may be at risk of defaulting on your loans and credit card payments, says Leslie Tayne, founder and head attorney at …

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