LOS ANGELES (KABC) — Los Angeles Mayor Karen Bass says city finances are so tight right now, she is proposing laying off more than 1,600 city workers to balance the budget.So how did the city of L.A. get into such a financial mess that it’s facing a nearly $1 billion deficit?Los Angeles Mayor Karen Bass’…

It’s a rough time for FinTech startups to be asking investors nervous about tariffs for new equity funding. In a press release Wednesday (April 23) Swedish startup Froda announced it has raised 20 million euros (about $22 million) in a Series B funding round to support its expansion across Europe and increase access to financing…

Travis Mitchell Crocker had been serving as the Calhoun County Finance Director since November 2024. CALHOUN COUNTY, S.C. — Calhoun County deputies on Wednesday announced the arrest of Travis Mitchell Crocker, the now former Calhoun County Finance Director, on charges of embezzlement of public funds and misconduct in office. The arrest stems from an investigation…

IE 11 is not supported. For an optimal experience visit our site on another browser.April 23, 202505:15Target, Walmart CEOs give Trump blunt warning about rising prices, empty shelves12:06Activist fighting for wastewater equity set to receive TIME Earth Award05:44Now PlayingNorway’s finance minister on cooperation with the U.S., war in Ukraine05:15UP NEXT’Barely getting by’: Young Americans struggle…

  Housing activity for new residential construction climbed in March, spurred by a greater supply of homes during a crucial spring period. Sales of new homes rose 7.4% in March to a seasonally adjusted rate of 724,000 units, up from February’s rate of 676,000, according to the Census Bureau data released on Wednesday. The reading…

  Yes, he blinked, finally. But it took a lot longer than most investors would have guessed. President Trump is finally signaling that his trade war has caused enough mayhem and he’s willing to do some damage control. Trump, so far, has raised the average import tax on some $3 trillion worth of products from…

“School meal programs are one of the smartest investments we can make to support children, families, and communities — every dollar spent is worth many times more down the road in social and economic returns,” said Betty Kibaara, Director in the Food Initiative at The Rockefeller Foundation, which is also a partner of the School…

Europe needs a new partnership with Washington, French Minister of Economy, Finance and Industrial and Digital Sovereignty Éric Lombard said Wednesday, just hours after the European Union hit US tech giants Apple and Meta with fines under the bloc’s digital regulations.“I’m calling today for a new partnership between Europe and the US for growth, for…

Fiserv plans to acquire Brazilian FinTech company Money Money Servicos Financeiros S.A. to expand the range of payment, management and cash flow solutions Fiserv’s Clover offers Brazilian small– to medium-sized businesses (SMBs). Following the planned acquisition, Money Money’s specialized financing engine will be integrated with the Clover cloud-based point-of-sale and business management platform, Fiserv said…