Some of the day's strongest action was in the cryptocurrency world after the Securities and Exchange Commission leveled charges on Coinbase.
Apple unveils new $3,500 headset, Dow Jones falls, comedian Matt Rife announces world tour, and more trending news
Apple's Vision Pro will sell for $3,500 once it's released in stores. Get that and more of today's trending news.
Morgan Stanley strategists anticipate a sudden pullback in corporate earnings will slam the brakes on a U.S. equity rally, a call at odds with…
In what's been described as potentially one of the largest bank frauds in Nebraska's history, a judge appointed a receiver to distribute assets to investors who suffered losses.
Lindsay Mack earned her bachelor’s degree from Georgetown University in 2005. Nearly 15 years later, when she considered the best way to grow her business acumen, an MBA was not it.Mack, who is from Philadelphia, grew her career without an MBA. When ready to advance her skills in platform strategy, she opted for a faster,...
Whether they favor debt-limit brinkmanship or not, most Americans are alarmed by the level of U.S. government borrowing. Treasury Secretary Janet Yellen isn’t one of them.
LINCOLN — The partially finished, multimillion-dollar dwelling being built by Lincoln businessman Aaron Marshbanks was sold Friday, the latest effort to recover any assets remaining from what’s been described one of the largest bank frauds in state history. City Bank & Trust of Lincoln, which had loaned Marshbanks $2.5 million to build the 4,800-square-foot home […]
The post Bank purchases half-finished luxury home/acreage of deceased businessman who defrauded banks appeared first on Nebraska Examiner.
WASHINGTON — The nation's employers stepped up their hiring in May, adding a robust 339,000 jobs, well above expectations and evidence of endu…
While the overall report painted a mostly encouraging picture of the job market, there were some mixed messages in the May figures.
After being hit by a stroke in 2001, Sharon Stone believes she was frozen out of Hollywood.
Unemployment ticked up in May, but employers kept pumping out jobs — more than enough to beat expectations. The U.S. added 339,000 jobs in May, according to Friday’s jobs report from the Bureau of Labor Statistics (BLS). That’s well above the 190,000 gain forecast by economists surveyed by the news agency Reuters. It’s the 29th...
The debt ceiling standoff kept the nation on edge as politicians negotiated the terms to raise the government's borrowing limit. Some observers said the situation was a “manufactured crisis.” The money was already spent, the bills were coming due, and the U.S. risked defaulting on its debt unless an agreement was reached to arbitrarily increase...
For the umpteenth time, I've failed to receive an invitation to speak at any college commencement ceremonies this spring. Wait until next year…
Customers of Venmo, PayPal and CashApp should not store their money for the long term with these apps since their funds may not be covered by deposit insurance, the Consumer Financial Protection Bureau warned on Thursday.
LINCOLN — State senators ended a tumultuous 2023 session Thursday, giving a final OK to bills concerning voter identification, tax breaks for economic development and criminal justice reform. The 90-day session ended two days early and will be remembered for historic tax cuts, hard feelings aired during floor debate, and an almost session-long string of […]
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LINCOLN — It’s been about 18 months since a pair of Nebraska lawmakers launched an unprecedented, multimillion-dollar plan to essentially reset historically neglected North Omaha neighborhoods they represent. South Omaha eventually was included in what the Legislature last year adopted as the $335 million Economic Recovery Act to boost the state’s most disadvantaged and pandemic-impacted […]
The post NE legislative effort to re-energize North and South Omaha hits milestone appeared first on Nebraska Examiner.
When a bank fails, the Federal Deposit Insurance Corp. tends to act quickly to protect customers' money and arrange for a healthy bank to buy the failed one. This process happened most recently on May 1 when First Republic Bank failed. But what happens if a neobank fails?A neobank, such as Chime or Current, is...
Administrators will propose raising tuition rates by 3.5% in the coming school year at the regents' June 22 meeting as they begin planning how to close the remaining budget deficit.
Gov. Jim Pillen signed major tax reduction bills on Wednesday, hailing the legislation as "transformational" in clearing a path for growth and development in the state.
Q: I was recently evicted from my home, where I lived with my mother before she died. This is due to a reverse mortgage. I am disabled and now have no home. My mother signed this loan against my advice. But the property was in her name.
Veering away from a default crisis, the House approved a debt ceiling and budget cuts package late Wednesday, as President Joe Biden and Speaker Kevin McCarthy assembled a bipartisan coalition of centrist Democrats and Republicans against fierce conservative blowback and progressive dissent.
LINCOLN — State lawmakers largely stuck with Gov. Jim Pillen on Wednesday, approving only one override of his budget vetoes — an additional $1.2 million for the State Auditor’s Office. State Auditor Mike Foley had asked for additional funding, arguing that he was losing auditors to other state agencies because they could offer $20,000 to […]
The post Senators override one gubernatorial veto, to grant additional funds for auditor appeared first on Nebraska Examiner.
LINCOLN — The ink was barely dry on a new law allowing generous tax breaks for donations for private schooling before the state’s powerful teachers union launched an effort to repeal it. On Wednesday, language for a ballot referendum repealing Legislative Bill 754 was filed with the Nebraska Secretary of State’s Office. The effort, by […]
The post State teachers union files petitions to repeal new ‘school choice’ law appeared first on Nebraska Examiner.
What is the best way to tackle your debt? These finance experts have some suggestions. Veuer’s Chloe Hurst has the story!
Secretary of Education Miguel Cardona recently confirmed that student loan repayments would begin again later in 2023, delivering what is likely to be a severe financial shock to borrowers who have not had to make payments for three years. This puts greater urgency on lawmakers to fix the flaws in the best idea for easing the transition: the "income-driven repayment" plan.