The Tax Court held that a sheriff’s withdrawal and subsequent repayment of funds used to provide food to prisoners constituted an unauthorized loan and not embezzlement income. Additionally, the court held that a separate withdrawal in a later year that was used to pay for legal and professional services was other income, not gross receipts
The United States Securities and Exchange Commission (SEC) responded to the effective registration amendment for Solana (SOL) and Ether (ETH) staked exchange-traded funds (ETFs) from ETF provider REX Financial and asset management firm Osprey Funds, raising concern that both investment vehicles do not qualify as ETFs due to their unique structures. According to a recent
You can walk. You can shop. Or you can walk, shop and watch a baseball game. It’s all part of the Sparkle Network and Woman’s Life Chapter 911 Macomb Angel’s U-tica Palooza 5K Walk and Shop at 9 a.m. June 14. The annual event, now in its fourth year, was created to honor, remember and
News Photo by Steve Schulwitz Alpena County Board of Commissioners Chairman John Kozlowski, left, accepts a Certificate of Congratulations from U.S. Sen. Elissa Slotkin after an event at the APlex in Alpena on Friday. The certificate says it is for the county’s tireless and selfless service rendered during and after the recent
Democratic Florida Rep. Sheila Cherfilus-McCormick is facing multiple allegations of violating House rules, including purportedly using Congressional funds for a for-profit entity — prompting ethics concerns and sparking an investigation into her office’s finances. The Office of Congressional Conduct (OCC) has called for a full-scale probe into the congresswoman, alleging the $5 million she obtained
LANSING, MI – Lee Chatfield, former speaker of the state House of Representatives, was ordered to stand trial on charges alleging he misused state, campaign and non-profit funds. Chatfield, 35, R-Levering, and his wife, Stephanie Chatfield, had their cases bound over Friday, May 30, to Ingham County Circuit Court. Related: Former state House speaker wants
New York City Council Speaker Adrienne Adams received more than $2 million in matching funds Friday, giving her mayoral campaign a vital infusion of cash that arrived in part thanks to one of her opponents. Adams’ campaign had previously struggled to meet thresholds for matching funds, which include at least $250,000 in qualified donations from
Horse racing enthusiasts in St. Croix may have to wait even longer for the return of their preferred pastime. Though the government has regained control of Randall “Doc” James horse racing track on St. Croix, the territory remains in what Governor Albert Bryan recently described as a “bit of a little fight with FEMA” where
‘Switch out of an active fund if there is consistent underperformance.’ Illustration: Dominic Xavier/Rediff The expense ratios of several equity mutual funds have increased between September 2024 and March 2025, according to media reports. Investors should avoid knee-jerk reactions and respond to changes after proper thought. Why are fees increasing Total expense ratio (TER)
The Election Law Enforcement Commission disbursed nearly $590,000 in matching funds to a quartet of candidates Thursday, and time is running out for several to reach the cap. ELEC disbursed $256,470 to former state Senate President Steve Sweeney, putting him at $5.16 million, or about 94% of the cap. Newark Mayor Ras Baraka received $209,006,