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Self-Employment Rises Among Women, Surpassing Pre-Covid Highs

March 31, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Self-employed women, broadly speaking, felt the full brunt of the Covid downturn at greater numbers than nearly any other group. The rate of self-employed mothers working at least 30 hours a week, for instance, dropped by more than 40% in one month from March to April 2020, according to Federal Reserve data. The rates of self-employed fathers working at least 30 hours a week dropped by 18% in comparison. That number has reversed, according to new data from the Federal Reserve Bank of Dallas . In the years that followed the initial Covid surge, the number of women and mothers that have chosen the self-employment route has steadily increased, rising faster than rates of men and fathers. Women now represent nearly 40% of all self-employed individuals, up from 34% in 2016. By August 2022, the number of self-employed women with children surpassed pre-Covid numbers as it sat 8% higher than rates seen in January 2020. These … [Read more...] about Self-Employment Rises Among Women, Surpassing Pre-Covid Highs

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Biden’s Child Tax Proposal Would Help Many But Presents Administrative Challenges

March 31, 2023 by www.forbes.com

Share to Twitter Share to Linkedin President Biden’s fiscal year 2024 budget would revive 2021’s enhanced child tax credit (CTC) with some new twists that seek to make the credit work better for families. But in doing so, the plan would likely deliver extra benefits to some very well-off families. It could also increase complexity – pushing against a key argument for operating benefit programs through the tax system . First, the good stuff. The proposal would extend full refundability permanently, allowing even very low-income families to receive the full benefit of the CTC. Full refundability is critical to reducing child poverty , especially among Black and Hispanic children. Under current law, about 19 million children in low-income families fail to get the maximum credit because their parents don’t earn enough money. As in 2021, younger children would qualify for larger benefits than older children – an idea backed by research . This … [Read more...] about Biden’s Child Tax Proposal Would Help Many But Presents Administrative Challenges

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Checks & Imbalances: Trump Indicted

March 31, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Today we look at the first U.S. president to be indicted. Trump Indicted By Manhattan Grand Jury—Arraignment Expected Tuesday On Over 30 Charges, Reports Say “A Manhattan grand jury voted Thursday to indict former President Donald Trump over an alleged hush money payment to porn star Stormy Daniels, a source with knowledge of the proceedings told Forbes , with an arraignment reportedly expected Tuesday—marking the first time in American history a former president has been criminally charged,” report Nicholas Reimann and Sara Dorn. Trump’s team has indicated he will surrender to authorities in New York for his arraignment, where he will briefly be under arrest at the district attorney’s office—he will likely be fingerprinted, have his mugshot taken and enter a plea before being released from custody. The investigation into Trump—led by the Manhattan District Attorney’s office—centers on a $130,000 payment … [Read more...] about Checks & Imbalances: Trump Indicted

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Montage Palmetto Bluff Celebrates Local Talent With New Wellness And Lifestyle Programs

March 31, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Montage Palmetto Bluff, the premier luxury resort in America’s southeast, is located in Bluffton, South Carolina. The property is situated on 20,000 acres of pristine Lowcountry land, making it one of the largest resort developments on the East Coast. Montage Palmetto Bluff is renowned for its natural beauty, rich history, and world-class amenities, and most recently, wellness and lifestyle programming that celebrates local artisans, chefs, and tastemakers. Montage Palmetto Bluff was originally the site of a wealthy rice plantation in the early 1800s. The property was later acquired by Union Camp Corporation in the mid-20th century, and it was used as a hunting and fishing retreat for the company's executives. In the early 2000s, the property was purchased by Crescent Communities, who developed it into a luxury resort. Montage Palmetto Bluff features 200 guest rooms and suites, each designed to reflect the natural … [Read more...] about Montage Palmetto Bluff Celebrates Local Talent With New Wellness And Lifestyle Programs

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Two Women Fight In Parking Lot. One Has A Pogo Stick, The Other Has A Gun

March 31, 2023 by dailycaller.com

A woman is in the hospital for being shot in the chest after charging another woman with a pogo stick in North Carolina on Wednesday, according to WXII. Winston Salem Police Department (WSPD) received reports of a shooting around 3:45 p.m., but the victim was already being transported to the hospital, according to WXII. Through investigation , police say a fight broke out between multiple people in a parking lot, then a 29-year-old victim attacked the 21-year-old suspect with a pogo stick, according to WFMY. The suspect shot one round in self-defense. No one is being charged right now, but it is still an ongoing investigation, according to WXII. (RELATED: San Antonio Man Tracks Down Alleged Car Thief Using AirTag And Reportedly Kills Him, Police Say) A woman is in the hospital after she charged someone with a pogo stick on Wednesday and was shot in the chest in Winston-Salem, according to a Winston-Salem Police Department news release. … [Read more...] about Two Women Fight In Parking Lot. One Has A Pogo Stick, The Other Has A Gun

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Judge Strikes Down Required Coverage Of Preventive Care—Cancer Screenings, Pregnancy, Medications And More

March 30, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Topline A federal judge in Texas struck down a provision of the Affordable Care Act that required coverage for a range of preventive services—including for cancer screenings, medications and more—ruling the task force members tasked with enforcing those preventive services were unlawfully appointed. Key Facts U.S. District Judge Reed O’Connor ruled preventive care recommendations made by the U.S. Preventive Services Task Force do not have to be complied with, and blocked the federal government from enforcing the task force’s recommendations. The task force issues recommendations for preventive care services that insurers are then forced to cover, as dictated by the provisions of the Affordable Care Act, meaning the ruling means insurance companies will no longer be bound to cover the preventive services affected. Among the preventive services affected by O’Connor’s order are screenings for breast … [Read more...] about Judge Strikes Down Required Coverage Of Preventive Care—Cancer Screenings, Pregnancy, Medications And More

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Billionaire Ex-Trump Ally Ronald Lauder Met With Ron DeSantis As He Courts Wealthy Execs On Trump’s Turf, Report Says

March 30, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Topline Billionaire GOP megadonor and onetime ally to former President Donald Trump Ronald Lauder, met with Florida Gov. Ron DeSantis recently as the likely 2024 GOP presidential candidate pitches himself as the adult in the room to wealthy donors amid increasingly incendiary rhetoric from Trump. Key Facts Lauder met with DeSantis, who is widely expected to announce a run for president in early summer, at his Long Island estate several months ago, Politico reported , citing two unnamed sources familiar with the meeting. The reported meeting comes after Lauder—heir to Estée Lauder who has known Trump for decades and helped fund his 2020 reelection bid—said through a spokesperson in November that he will not donate to Trump’s 2024 campaign, though he did not say whom he would support in 2024 and did not comment to Politico on the recent DeSantis meeting. DeSantis is reportedly targeting wealthy New … [Read more...] about Billionaire Ex-Trump Ally Ronald Lauder Met With Ron DeSantis As He Courts Wealthy Execs On Trump’s Turf, Report Says

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Sam Bankman-Fried Pleads Not Guilty To New Bribery Charge—In An Untucked Dress Shirt (Photos)

March 30, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Topline Sam Bankman-Fried entered a not guilty plea to new federal charges Thursday, according to reporters present at the Manhattan federal court, sticking true to his style and donning an on-brand, unusually casual getup. Key Facts Bankman-Fried, who pleaded not guilty to eight criminal counts in January related to fraud at his cryptocurrency exchange FTX and trading firm Alameda Research, entered the same plea for five additional charges Thursday, including a fresh bribery count for allegedly paying off a Chinese official $40 million in 2021. Photographs of the former billionaire Thursday show him wearing a blue suit and brown loafers, his typical courtroom outfit, but with his own casual touch, keeping his white dress shirt untucked and letting his polka dot tie flop in the wind while entering the courthouse. Bankman-Fried apparently made a slight wardrobe change while in the courtroom, exiting … [Read more...] about Sam Bankman-Fried Pleads Not Guilty To New Bribery Charge—In An Untucked Dress Shirt (Photos)

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Gas Prices Hit Two-Month High, Though Experts Doubt They Will Rebound To $5—Here’s Where They’re Most Expensive

March 30, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Topline The national average price for a gallon of gas hit a two-month high Thursday, as gas demand continues to increase heading into the summer while inventories drop, though experts doubt prices will return to their $5 record high recorded last summer. Key Facts The national average for a gallon of gas shot up to $3.46 Thursday, an increase of 5 cents on the week, bringing it to its highest point since the end of January, according to data from GasBuddy . Gas prices have now rebounded more than 40 cents since reaching a low of $3.05 per gallon on December 26. Analysts attribute the rising prices to a combination of high demand and low supplies: Gas demand increased narrowly from 8.81 million barrels per day to 8.82 million barrels over the week ending March 24, while gas reserves dropped from 229.6 million barrels to 226.7 million barrels over the same time, according to Energy Information Agency … [Read more...] about Gas Prices Hit Two-Month High, Though Experts Doubt They Will Rebound To $5—Here’s Where They’re Most Expensive

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Sam Bankman-Fried’s Legal Defense Is Being Funded With Alameda Money He Gifted His Father

March 29, 2023 by www.forbes.com

While still CEO of now-collapsed FTX, Bankman-Fried transferred millions of dollars to his father. Some of those funds have since been used to pay for his mounting legal fees, according to two sources close to the company. By Sarah Emerson and Steven Ehrlich S am Bankman-Fried, founder of fallen cryptocurrency exchange FTX who claimed to have just $100,000 in his bank account last November, is preparing for trial in October backed by a roster of powerful attorneys. But it has remained unclear, until now, how the former billionaire would afford his pricey defense. Forbes has learned that Bankman-Fried has been paying legal fees from a multi-million dollar gift he gave his father with money borrowed from FTX’s sister company. In 2021, while CEO of FTX, Bankman-Fried made a large monetary gift to his father, Stanford Law professor Joseph Bankman, two sources with operational knowledge of both companies told Forbes . It was funded by a loan from the … [Read more...] about Sam Bankman-Fried’s Legal Defense Is Being Funded With Alameda Money He Gifted His Father

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