Author: News Room

This is reprinted by permission from .  For the past few years, the out-of-pocket costs for attending a public four-year college have decreased and minimum wages have risen in many states. While you might think these shifts should make it easier for students to work their way through college, it would still take a herculean effort — adding a full-time job (or more) — to a full-time courseload. Assuming… Read the full article here

ShotSpotter Inc., whose technology is used by law enforcement to detect gunshots, has rebranded under a new name, after its stock tumbled following last week’s Chicago mayoral election. In a statement Monday, the Fremont, Calif.-based company said it will now be called SoundThinking Inc., to reflect its “holistic focus on public safety” beyond simply helping police make gun-violence arrests. “ShotSpotter… Read the full article here

Risks to financial stability have risen “significantly” amid the recent turmoil in the banking sector, the International Monetary Fund’s economists said on Tuesday, sounding a warning about hidden trouble, not just at banks but also nonbank financial intermediaries. For several years, the multilateral organization has warned in its Global Financial Stability report of the potential fallout of interest rate rises after an era of historically low rates on banks and nonbank financial intermediaries. Those have come to pass with the trouble at Credit Suisse (ticker: CS) and failures of Silicon Valley Bank and Signature Bank in the U.S. There could…

US asylum officers are frustrated by policy whiplash under President Joe Biden, and some are considering leaving their posts, as administration officials contemplate restarting controversial Trump-era border policies that would largely limit who could seek refuge in the United States. “At this point, I can’t tell the difference between Biden immigration policy and Trump immigration policy,” one asylum officer told CNN. The concerns shared among asylum officers who spoke with CNN and were reflected in a March filing come as Biden stares down another potential border crisis next month when a Covid-era restriction, known as Title 42, lifts. The authority,…

EY’s US business will embark on a $500mn cost-saving programme after its opposition torpedoed plans for a historic split of the Big Four firm.US leaders outlined a new strategy in a memo to partners sent shortly after EY’s global executive committee said on Tuesday it was abandoning ambitions to spin off its consulting and tax advisory businesses into a new company.The collapse of the plan, which would have marked the biggest shake-up to the accounting industry in more than two decades, has pitched the global firm into a new period of recrimination and uncertainty.The memo to US partners — signed…

In previous coverage, GSK (NYSE:GSK), a large ($76.5 billion) global biopharma company, was held up as a Buy for its A+ rated dividend (which decreased to 3.67% yield), A+ rated profitability on $9.1 billion revenue in Q4, A grades on valuation and EPS revisions, and as a defensive healthcare stock in this bear market. It is one of the five stocks promoted for their dividends that have all underperformed among personal recommendations (Figure 1), but it was the best of the bunch. It has mostly tracked the reference SPDR S&P 500 Trust ETF (SPY) until pulling away since the beginning…

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In the world of cryptocurrencies, Bitcoin and Ethereum have recently experienced a noteworthy 5% surge in their prices, momentarily pausing as they prepare for their next move. As investors and market enthusiasts closely monitor the situation, anticipation builds around the future for these leading digital assets. Will they continue their upward trajectory or face a potential correction? Let’s explore the factors influencing BTC and ETH prices and what may be just around the corner.BTC/USD is trading at 30,268, up 2.50% in 24 hours. As investors raised their bets that the US Federal Reserve would soon cease its hawkish policy, the most…

Bitcoin is nearly a year away from a key technical event — which might be the catalyst for a prolonged climb in the cryptocurrency’s value.In April or May 2024, bitcoin is expected to undergo its next so-called “halving,” though the exact date is not yet known.Bitcoin has been rising in the past few weeks in anticipation of the halving, as a potential U.S. Federal Reserve interest rate cut contends with the prospect of sluggish growth and tightening credit conditions resulting from woes in the banking sector.One bitcoin was worth roughly $30,000 as of Wednesday morning, according to data from CoinGecko.…

A push is on among lawmakers in Alabama considering removing, or phasing out, the state’s 4% sales tax on food. Alabama is one of only three states that tax groceries at the same rate as other purchases. Competing proposals are being introduced on both sides of the aisle in the Alabama Legislature to end the sales tax on all, or at least some, groceries.  After proposing the idea in Montgomery, it has gained traction this session.  SOUTH DAKOTA GOV. NOEM SAYS LEGISLATURE ‘WRONG’ TO DENY GROCERY TAX REPEAL The average Alabama family spends $600 a year on the state grocery tax…