July 17, 2025

News

Finance

Oakland finance director resigns; mayor delays release of budget

OAKLAND — Oakland’s interim mayor is delaying the release of a deeply consequential, two-year budget proposal that had been expected to detail how the city would balance a looming $265 million budget shortfall. The move by Interim Mayor Kevin Jenkins comes just two weeks after Oakland’s top finance official quietly resigned from the job she’s

Read More
Mortgage

Mortgage rates dipped. Is it enough help the housing market?

How to use a bolt, nut, screw gauge Using a bolt, nut and screw gauge takes the guesswork out of your project, helping you quickly identify the exact size you need. Rates for home loans dipped, but consumers’ economic uncertainty continues to weigh down the housing market. In the week ending May 1, 30-year fixed-rate

Read More
Finance

Ohio Influencer charged with fraud in Ponzi scheme

Con-artist who stole millions in Ponzi scheme sentenced to 18 years A globe-trotting con artist who defrauded 237 victims out of $24.5 million to fund a lavish lifestyle was sentenced to 18 years in federal prison. unbranded – Newsworthy Social media finance influencer Tyler Bossetti, 31, of Columbus, Ohio, faces federal charges for allegedly defrauding

Read More
Crypto

Trump rewrites crypto rules in first 100 days, industry celebrates ‘180 pivot’ from Biden years – NBC New York

President Trump’s appointments at top financial regulators mark a sharp policy reversal for the crypto industry. Coinbase executives say the administration has been methodical and bipartisan in its push to integrate crypto into the $100 trillion capital markets. The Federal Reserve remains the last major regulatory holdout, with key restrictions on crypto banking still in

Read More
Funds

Caltrain employee guilty of using public funds to build secret apartment in train station – The Mercury News

REDWOOD CITY – A jury on Wednesday found a former Caltrain deputy director guilty of embezzling public funds to build a personal “crash pad” in a historic Burlingame train station, declining the defense’s argument that his supervisor had given him permission to put the funds toward renovating the apartment and residing there while working 80-hour

Read More
Funds

Texas Senate passes bill to limit Harris County’s authority over millions of surplus toll road funds – Houston Public Media

Lucio Vasquez / Houston Public Media A car drives through an electronic tolling facility on the Hardy Toll Road on March 14, 2022. State legislation that would require Harris County to send 30% of its surplus toll road funds to the City of Houston is one step closer to becoming law after passing the Texas

Read More
Funds

State’s schools face potential loss of $232.1 million in federal funds, less than feared but still worrisome – Baltimore Sun

The good news is that the state’s schools are not going to lose $418 million in federal funding they feared was lost last month when federal officials abruptly announced they were clawing back unspent pandemic recovery funds. The bad news is that the state could still be out $232.1 million, the Maryland Board of Education

Read More
Banking

ANZ to scrap internet banking passwords for one million ANZ Plus customers in Australia-first security move

One million Australians will soon be internet banking without a password. ANZ Bank is scrapping the security feature for ANZ Plus customers as it rolls out internet banking to them within months and replacing password protection with two other methods, the bank revealed on Thursday. ANZ Plus is already a totally digital banking service launched

Read More
Finance

Ohio finance influencer federally charged in $11 million Ponzi scheme

Top headlines of the week, April 25 2025 Here are some stories you may have missed this week in central Ohio. Social media finance influencer Tyler Bossetti, 31, of Columbus, faces federal charges for allegedly defrauding investors of over $11 million. Bossetti promised high returns on investments for property flipping but federal prosecutors say he

Read More
Banking

Standard Chartered Predicts New Bitcoin All-Time High This Quarter – Here’s the Banking Giant’s Target: Report

British multinational bank Standard Chartered is saying that Bitcoin (BTC) could hit a new all-time high over the coming weeks, according to a new report. Standard Chartered’s head of digital assets research, Geoffrey Kendrick, sees Bitcoin appreciating by around 26% from the current level and reaching a price of $120,000 before the end of Q2

Read More
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent. View more
Accept
Decline