South Carolina comptroller facing heat for $3.5B accounting error over 10 years
South Carolina Comptroller General Richard Eckstrom is in hot water after admitting to a $3.5 billion accounting blunder over a decade. Lawmakers are recommending he be removed.
Tech CEO ditching Silicon Valley Bank after ‘mad scramble’ to acquire payroll funds
Winnie CEO and co-founder Sara Mauskopf details her experience in the Silicon Valley Bank collapse and why she is moving her company to other banks.
BlackRock not changing stance on ESG investing, despite criticism
BlackRock says it will make no major policies on ESG investing, despite some pushback from Republican lawmakers who criticized the company's policies.
Florida lawmakers seeking to calm property insurance storm
To bolster the hurricane insurance market in Florida, the Florida State legislature passed a landmark bill designed to reduce costs and protect residents.
UK slashes personal, corporate taxes in bid to spur growth
Inspired by Margaret Thatcher’s free market economics, Liz Truss has insisted that growing the economy and tax cuts for businesses will benefit everyone.
Kansas company stiffed by Vietnam, demands action
Kansas construction company, Hall Brothers, owed millions over work done on roads in Vietnam, wants the U.S. government to intervene on its and others behalf.
Financial officers from 27 states demand Biden bolster domestic energy production as gas prices climb
Republican state financial officers from 27 states are demanding President Biden bolster domestic energy production as gas prices rise above $4 and $5 per gallon across the United States.
SEC’s Gensler doesn’t see cryptocurrencies lasting long
Securities and Exchange Commission Chair Gary Gensler said Tuesday that he doesn’t see much long-term viability for cryptocurrencies, underscoring the importance of protecting investors in the market and bringing it under regulatory oversight.
What’s your raise really worth? Inflation has something to say about it.
This should be the best of times for low-wage workers, as pandemic-induced labor shortages force employers to sharply raise pay. Yet for many, it doesn’t feel that way, because those same disruptions have pushed inflation to near its highest rate in over a decade.
Banking industry CEO slams Washington for not considering ‘personal responsibility’ of overdraft protection
Alex Sanchez reacts to politicians in Washington blaming banks for economic consequences of overdraft fees.
Fed's report of positive economic growth could bring end to COVID-era forbearances
The economy is improving and many COVID-era forbearance periods are coming to an end. What does that mean for your student loans?
Businesses trying to thrive after COVID should not have to compete with government for workers
As more locales are emerging from government lockdown mandates and more individuals are getting vaccinated, business should be booming.
Larry Kudlow: Biden will 'weaponize IRS,' as capital gains boost wrecks workers
Fox Business Network host Larry Kudlow warned that President Biden's massive tax hike plan, particularly affecting capital gains, inheritances, and a cash injection to the Internal Revenue Service, will spell disaster for American workers and U.S. global competitiveness.
IRS still processing stimulus checks for low-income Americans - here's why
Tens of millions of low-income Americans are still waiting for their stimulus check to arrive weeks after President Biden signed into law the $1.9 trillion coronavirus relief package.
Elizabeth Warren wealth tax would shrink US economy by 1.2%, according to a new analysis
Sen. Elizabeth Warren's plan to tax the net worth of the wealthiest Americans could reduce U.S. economic growth by 1.2% over the next 30 years, according to a new analysis published this week.
Amtrak restoring service on long distance routes
U.S. passenger railroad Amtrak will restore daily service to 12 long distance routes starting in May after Congress on Wednesday gave final approval to $1.7 billion in additional emergency funding.
Amid $15 minimum wage debate, small business owners and minimum wage workers divided
With millions around the country calling for a $15 minimum wage, small business owners fear their businesses will be crippled while minimum wage workers have hope for better days ahead.
Mark Cuban partners with savings advocate Goalsetter, plans to give 1 million kids their first savings account
Mark Cuban is partnering with Goalsetter for Black History Month in its quest to give 1 million kids their first savings accounts with $40 and a debit card.
NRA invests at least $4.5 million in Georgia runoff elections
The National Rifle Association (NRA) is pouring millions into the Georgia runoff elections in what an NRA spokesperson called "an investment into America."
Georgia Senate special election sees gun groups battling over campaign spending
Georgia’s runoff election has become a battleground for gun control and advocacy groups targeting the race for Senate as Democrats fight to gain control of both the executive and legislative branches.