The Federal Trade Commission recently announced that it has entered into a settlement with Bridge It, Inc. (“Brigit”), the operator of a personal finance mobile application, to resolve the FTC’s allegations that Brigit engaged in unfair and deceptive acts or practices in violation of Section 5 of the FTC Act and engaged in conduct that…

In what felt like a “Groundhog Day” scenario, education lawmakers debated and listened to the public speak about the House’s school choice and education finance proposal Thursday.In a hearing of the House’s Educational Opportunity and Enrichment Select Committee, lawmakers spoke passionately about House Bill 1, the proposed package that would deliver a school choice program,…

Arizona facing ‘draconian cuts’ amid major financial crisis, sports cuts on the table – Saturday Out West

AUSTIN (KXAN) — Eight school districts in Texas received a failing grade in the Texas Education Agency’s financial accountability ratings for the 2022-23 school year. The TEA released the ratings for each school district Monday. Districts are assigned a letter grade and a corresponding financial management rating. The School Financial Integrity Rating System of Texas…

WASHINGTON (AP) — Treasury Secretary Janet Yellen said the U.S. has no desire to break economic ties with China as she began two days of talks with her Chinese counterpart on Thursday. The finance leaders are aiming to make progress on a slew of economic issues at a time when competition has markedly intensified between…

A $276 million expansion that will double the capacity of the Savannah Convention Center is set to open in early January 2024, but no progress has been made on plans for a 400-room hotel to support the expanded convention center. In June 2023, Brookfield Properties backed out of an agreement to build the convention center…

The sun fades over the Dillon Marina and surrounding condominiums on Thursday, Aug. 4, 2022. Liz Copan/Summit Daily News archive The Dillon Town Council approved a public finance agreement Tuesday, Nov. 8, that will help fund public infrastructure associated with developer Jake Porritt’s proposal to redevelop the town core. The council split 5-2, with Mayor…

Gov. Jim Justice has suggested a 5% pay raise to offset rising insurance premium costs for public employees, but West Virginia’s Senate Finance chairman says officials will need to calculate how much state government can actually afford to spend. Eric Tarr “You can’t just write checks and then not be able to pay them later,”…

Updated Nov. 9, 2023 5:05 pm ETListen(1 min)Here’s an upside to persistent inflation: More of your income will be taxed at lower rates next year.The Internal Revenue Service announced its annual inflation adjustments to federal income-tax brackets for 2024 Thursday, an increase that slightly outpaces the current inflation rate. This means some Americans will pay…