The Dow Jones Industrial Average fell on Friday after the Federal Reserve’s decision to not extend a pandemic-era capital break for banks stoked a rise in bond yields and a sell-off in financial stocks.
The blue-chip Dow slid 234.33 points, or 0.7%, to 32,627.97, pressured by Visa and JPMorgan. The S&P 500 dipped 0.1% to 3,913.10, closing off its lowest level of the day when it fell 0.7%. The Nasdaq Composite gained 0.8% to 13,215.24 as investors bought the dip in tech shares. Facebook gained 4%, while Amazon and Netflix rose about 1.5% each.
The FBI and DeKalb County police raided a home on Thursday.
ATLANTA – The FBI said it charged and arrested an Atlanta man in connection to a money-laundering scheme that spanned roughly three years.
Federal investigators charged 37-year-old Atlanta man Abraham Adeniyi with money laundering and bank fraud offenses in connection to a scheme investigators said began in 2019 and continued through 2020. Officials said Adeniyi was arrested this Thursday morning in Georgia, and presented before a federal magistrate judge in the Northern District of Georgia.
The indictment came out of the Southern District of
The state Senate is considering a resolution that could allow lawmakers to lower personal property taxes, particularly on vehicles.
The Senate Judiciary Committee approved the resolution Thursday after about an hour of discussion, and it will now be considered by the Senate Finance Committee. If both houses of the Legislature endorses the resolution, it would be on 2024 General Election ballots as a constitutional amendment to be approved by the public.
Property taxes are defined in West Virginia’s Constitution.
“There was a reason for it, and I’ve looked a little bit,” said Senator Mike Romano, D-Harrison. “It was
A spate of recent cyberattacks on colleges, universities, seminaries and K-12 schools prompted a warning from the FBI’s Cyber Division this week.
The advisory notice, published Tuesday, warned that criminals using malicious software called PYSA ransomware are increasingly targeting education institutions and attempting to extort them.
The FBI became aware of PYSA ransomware in March 2020 but has not identified the criminals behind the attacks.
Using phishing emails and stolen credentials to access IT networks, criminals leveraging the ransomware are stealing sensitive information and blocking access to essential data and systems through encryption. They are then demanding payment in
A grandmother who had nearly $90,000 in student debt had her loans cancelled by a bankruptcy court in Nebraska, adding to an emerging trend of student loan borrowers successfully finding relief through personal bankruptcy.
“Most of my clients are surprised to hear that they can get their student loans discharged,” the debtor’s lawyer, Lea Wroblewski, an attorney and the director of the debt and finance unit at Legal Aid Nebraska, told Yahoo Finance.
Jamie Mudd attended college in California and earned associate’s degrees in culinary arts and medical science, incurring debts from 26 federally-backed education loans between 2006 and 2015
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