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☆ Meet WiFi Money: Wealthy Finance Influencers Who Infuriated Investors
▼ + stars: | 2024-05-19 | by ( Rob Price | ) www.businessinsider.com time to read: +26 min

The Texas couple were staring down more than $100,000 in debt, much of which they had poured into WiFi Money. Those who give their money to WiFi Money are often encouraged to sign up other people in return for a cut of their profits — and perhaps, one day, a chance to become part of the WiFi Money crew. As the money poured in, WiFi Money gained a patina of mainstream credibility. AdvertisementThrough WiFi Money, Moeller and Frederick had created a virtuous cycle of money and influence. The same month investors took WiFi Money to court over the stores, DBC announced it was closing down.

Persons: Alex Moeller, influencer, Jasmine Sadry, Joey Martin, Martin, Moeller, Chris Frederick, Casa Moeller Martinez, MentorCI, Kim Kardashians, Gary Vee, Uber, Etsy, Farnaz Ghaedipour, Frederick, Jay Gatsby, Scott Fitzgerald's, Brandon Celi, There's, Billy, Chris Casey, There's Todd Cahill, Liz Friesen, Tana Mongeau, Kardashian, —, James Ragano, BI Moeller, wouldn't, Kyle McDougal, Sadry, Kyncey, McDougal, hustlers, Kevin O'Leary, Jordan Belfort, Ronaldinho, Glenn Beck, I've, he'd, Daemon, I'm, they'd, It's, Chris Costello, Francis, Ashley, Costello, Gatsby, Casey, Avery Williamson, Victor Bermudez, DBC, They're, Instagram, Rolex Submariner Organizations: WiFi, Lamborghini, McLaren, Fox News, YouTube, Invest, Stanford University, PBS, BI, Social, Yahoo Finance, Business, Times, Piccadilly Circus, Fort, DMs, Kyncey Investments, Amazon, Kyncey, Investors, CNN, Fox Business, Big Tech, Florida Tropics Soccer Club, Royce, WiFi Money, Federal Trade Commission, WifiMoney, IRS, NFL, Dallas, Rolex Locations: Instagram, Mexico, Texas, Dallas, Quito, Ecuador, @amoeller, Florida, pecs, Maryland, Europe, Illinois, Mita, Burj, Fort Worth, dropshipping, Brazilian, New York City, ensconced, Minnesota, Los Angeles, Munich

☆ Stocks making the biggest moves premarket: AMC, GameStop, Boeing, Dell and more
▼ + stars: | 2024-05-15 | by ( Pia Singh | ) www.cnbc.com time to read: +1 min

AMC Entertainment , GameStop — AMC and GameStop shares posted fell in early morning trading as momentum fizzled from the meme stock craze , which was reignited Monday by a social media reappearance from "Roaring Kitty." GameStop shares slid 6%. Boeing — The airplane manufacturer's shares slid 1.1% after the Justice Department said Boeing violated a 2021 settlement related to its two fatal 737 Max crashes, exposing the company to potential U.S. prosecution. SunPower — The solar stock dropped 22.3%, giving back some of its 59% surge from the prior session. On Wednesday, however, Wolfe Research downgraded the stock underperform from peer perform, noting SunPower the "most extreme example of the meme stock resurgence" within clean technology names.

Persons: Lien, Max, Nio, Dell, Morgan Stanley, Wolfe, —, Alex Harring, Fred Imbert, Jesse Pound Organizations: AMC Entertainment, GameStop, AMC, Boeing, Justice Department, JPMorgan, White House, Wolfe Research Locations: China

☆ Trump campaign lawyers can't quit workplace discrimination case for now, judge rules
▼ + stars: | 2024-05-02 | by ( Dan Mangan | ) www.cnbc.com time to read: +3 min

Republican presidential candidate and former U.S. President Donald Trump holds a campaign rally at Ted Hendricks Stadium in Hialeah, Florida, U.S. November 8, 2023. A New York federal judge on Thursday rejected — for now, at least — a request by a law firm to withdraw from representing the presidential campaign of Donald Trump in a discrimination lawsuit by former 2016 campaign advisor Arlene "A.J." In addition to the Trump campaign, the firm represents the other defendants in Delgado's suit: Reince Priebus, Sean Spicer, and Steve Bannon all of whom held top positions in the Trump White House. Parker's order Thursday noted that because the Trump campaign "is an entity" — not a person — "it may not represent itself." "Thus, if the motion to withdraw is granted, the Campaign will be at risk of default if it does not promptly obtain substitute counsel," the judge wrote.

Persons: Donald Trump, Ted Hendricks, —, Arlene " A.J, Delgado, Katharine Parker, Hornik, Greenberg, Kittredge, Carlin, McPartland —, Trump, Parker's, Parker, Reince Priebus, Sean Spicer, Steve Bannon, Jason Miller Organizations: New, Trump White House Locations: Hialeah , Florida, U.S, New York, Manhattan, Hornik

☆ My $500,000 Home Renovation Turned Into a Real-Estate Nightmare
▼ + stars: | 2024-05-01 | by ( Christine Chitnis | ) www.businessinsider.com time to read: +13 min

What was supposed to be a yearlong $140,000 renovation ballooned into three excruciating years that cost us more than $500,000 — and the work is still not finished. But as my husband and I soon discovered, unless you've made a plan, legal protections for homeowners are close to nonexistent. Every time our contractor turned up the temperature, we grimly adjusted to the reality of our demise. Knowing the cardinal rule of home renovation — never pay in full until the job is over and inspected — we grew suspicious. Despite completing several home-improvement and renovation projects with her husband over the years, she lacked the confidence to DIY the renovation of her newly purchased 6,500-square-foot home.

Persons: Arcadis, you've, Christine Chitnis, wasn't, It's, We've, Amanda Jane Jones, Jones, David Jensen, Greenberg Traurig, He'd, Jensen, Lisa DiAntonio, DiAntonio, hadn't, what's, Condé Organizations: Homeowners, Harvard's, for Housing Studies, Department of Business, American Institute of Architects, Vogue, The New York Times Locations: Rhode Island, North America, Northern Michigan, Michigan, Utah, New Jersey, Andover , Massachusetts

☆ The Meteoric Rise and Spectacular Fall of the Queen of Airbnb
▼ + stars: | 2024-04-21 | by ( Dan Latu | ) www.businessinsider.com time to read: +18 min

Now, after she made her pitch at the VFW hall, attendees clamored around Widell, eager to have her manage their Airbnb rentals. The reign of the Airbnb Queen of Tulsa was over — and her subjects were left to pick up the pieces. Dominic Bugatto for BIThe "Queen of Airbnb" label, which started off as Widell's Airbnb account name, helped create an aura of omnipotence. According to those familiar with the business, Widell seemed to be shifting her focus away from Airbnb rentals to the house-staging business. Today, her "Tulsa Airbnb Group" on Facebook remains active, with some 1,000 members.

Persons: Airbnb, Dani Widell, Widell, Kathy Portley, weren't, —, Emily Burke, Will Widell, They'd, thrifty, Will, who'd, Logan Haskett, Dominic Bugatto, Burke, hadn't, Knikki Nash, she'd, Mallory Massey, Massey, David Brunson, Brunson, Renee Brummett, We've, Dani hasn't, Brummett, doorstepped, unraveled, Nash, Dani, Widell's, carting, Will cosigned, Brummet, Tulsa's, Meagan McCollum, Bram Gallagher, Gallagher, Dan Latu Organizations: VFW, Tulsa, Facebook, Tulsa Real Estate Investors Association, Oklahoma State University, Tulsa People, Mahogany Prime, Summit, Downtown, Social, Bank of America Center, PGA, Investors, Widell, Employees, Rover, BI, nonpayment, University of Tulsa, Business Locations: Tulsa, Tulsa ., Widell, Airbnb, Brady, Arkansas, —

☆ BK Asset Management's Kathy Lien talks what is next for the Yen after hitting a 34-year low
▼ + stars: | 2024-04-16 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBK Asset Management's Kathy Lien talks what is next for the Yen after hitting a 34-year lowKathy Lien, Managing Director of FX Strategy at BK Asset Management, joins 'Fast Money' to discuss recent trends in the Japanese Yen after hitting a 34-year low.

Persons: Kathy Lien Organizations: BK Asset Management

☆ How Biden's new student-loan forgiveness plan could be jeopardized before it even goes into effect
▼ + stars: | 2024-04-14 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

New details for President Joe Biden's student-loan forgiveness plan are out — and it's already shaping up to be a rocky road to implementation. Related storiesCoglianese is referring to a rule known as the Chevron doctrine, the fate of which is currently awaiting a Supreme Court ruling. AdvertisementHerrine said he expects the same groups who brought the cases against Biden's first debt relief plan to challenge this second one. "The administration is certainly still facing a very skeptical Supreme Court," Coglianese said. "Even though it's a different statute, it's still a skeptical Supreme Court.

Persons: Joe Biden's, Biden's, Biden, —, Cary Coglianese, Coglianese, Chevron, Raimondo, Luke Herrine —, Herrine, Andrew Bailey, it's, It's Organizations: Service, Education Department, Higher, Business, The Education Department, University of Pennsylvania, Loper Bright Enterprises, National Marine Fisheries, Supreme, Biden, Chevron, University of Alabama — Locations: Chevron, Missouri

Cash-out refinancing and home equity loans are two of the most popular tools available to access your equity. A cash-out refinance works like this: You apply for a new mortgage loan that's larger than your current one. Interest rates and loan termsBoth cash-out refinances and home equity loans typically come with fixed interest rates, but home equity loan rates tend to be a few points higher. ConsiderationsBefore deciding to use a home equity loan or cash-out refinance, you'll need to take the following costs into account first. Choosing the right optionBoth home equity loans and cash-out refinancing can help you turn equity into cash.

Persons: Cash, You'd, it's, what's, Melissa Cohn, William Raveis, refinance, you'll, Nicole Straub, — Organizations: LTV, William Raveis Mortgage, Discover Locations: foreclosing, —

☆ Opinion: Trump’s facing a legal one-two punch
▼ + stars: | 2024-03-25 | by ( Opinion Norman Eisen | Andrew Warren | ) edition.cnn.com time to read: +9 min

CNN —Contrary to the popular view that former President Donald Trump has successfully delayed accountability, this week he’s facing a one-two punch that has the potential to inflict lasting damage. Some say that this case, too, serves as an example of Trump’s success at delaying prosecution against him. On March 18, Trump’s lawyers told the court that it was a “practical impossibility” to secure such a large bond. The bottom line, however, is that the New York attorney general is likely going to continue putting liens on Trump’s properties. Whatever delays may be present in those jurisdictions, or in Florida’s Mar-a-Lago documents case, in New York the former president is facing serious hits.

Persons: Norman Eisen, Barack Obama’s, Andrew Warren, Donald Trump, Attorney Alvin Bragg, Letitia James, Norm Eisen, Bragg, Trump, Stormy Daniels, Daniels, Michael Cohen, –, Cohen, SDNY, Judge Juan Merchan, Donald , Jr, Eric, Judge Arthur Engoron, James, general’s Organizations: CNN, US Department of Justice, New, Manhattan, Attorney, New York, Trump, Andrew Warren State, US, Office, Southern, of, Trump Organization, Seven, NY, DC Locations: Hillsborough County , Florida, New York, of New York, Westchester County , NY, Springs, Manhattan, New York City, Saudi Arabia, Russia, Georgia, Florida’s Mar

☆ Creditors are coming after Rudy Giuliani's $3.5 million Florida condo in bankruptcy filing
▼ + stars: | 2024-03-16 | by ( Hannah Getahun | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

Rudy Giuliani may have to sell his Palm Beach condo to settle his bankruptcy debts. Creditors pointed out the $3.5 million property is not exempt in his Chapter 11 bankruptcy filing. Then there is his $3.5 million Florida condo, which is not exempt. However, Giuliani has not taken any steps to sell the Florida home, the filing says. Lawyers for Giuliani and creditors did not immediately respond to a request for comment from BI.

Persons: Rudy Giuliani, Giuliani, —, Giuliani's, Politico's Kyle Cheney, he's, Georgia —, Ruby Freeman, Moss Organizations: Service, New, CNN, Florida and Locations: Beach , Florida, New York, Giuliani's New York, Florida, New York City, New York State, Florida and New York, Georgia

☆ 'Clean' property, private lenders could be Trump's best option to get $540 million for legal judgments
▼ + stars: | 2024-03-05 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +6 min

A more important factor could be whether Trump's real estate assets are already mortgaged, said law professor John Coffee. "He would have to come up with clean real estate property that is not already securing something that some other bank has a lien on," Coffee said. Michele Eve Sandberg | AFP | Getty ImagesIn New York City, the value of Trump's real estate holdings totals $690 million, according to a September 2023 estimate by Forbes. New York Attorney General Letitia James, who brought the fraud case, said she would seize Trump's real estate assets if he cannot pay his civil penalty. They instead offered to post a $100 million bond, but New York appeals court Judge Anil Singh rejected the proposal.

Persons: Donald Trump, Justin Sullivan, Trump, Jeff Bezos, Elon Musk, Chris Kise, haven't, Eric Talley, Talley, Alina Habba, Jean Carroll’s, Carroll, Jane Rosenberg, John Coffee, Jones, Michele Eve Sandberg, Letitia James, Anil Singh, Jean Carroll's, Neil Pedersen, Pedersen, Caitlin Ochs Organizations: Fox News, Greenville Convention Center, Getty, Columbia University, Trump, Manhattan Federal, Trump Organization, Trump National Doral, AFP, Forbes, New York, New, Sons, CNBC Locations: Greenville, Greenville , South Carolina, New York, New York City, Trump National Doral Miami, Miami , Florida, York, Manhattan, New York City , New York, U.S

☆ America's Zoomtowns Face a Growing Housing, Traffic, Culture Crisis
▼ + stars: | 2024-01-24 | by ( Emily Cataneo | ) www.businessinsider.com time to read: +18 min

We're transitioning from a sleepy capital city into a midsize-to-major city," Jonathan Melton, a member of Raleigh's City Council, told me. The first wants to solve the problem of too little housing by, well, building more housing. But Melton and the YIMBYs' vision rankled some Raleigh residents who eventually started to push back on what they considered extreme pro-development policies. The new buses seem like a great idea, but as with all these changes, residents are worried that the route will have unintended consequences. It's worth noting, too, that most Raleigh residents, even those who oppose the current pace of development, point to some positives.

Persons: Raleigh, I've, Jonathan Melton, Zillow, Raleighites, We're, Frank Hielema, Hayes, Barton, Margie Case, Hayes Barton, Kesha Monk, Monk, who've, she'd, they'd, shudder, Adam Terando, Terando, Melton, that'll, Shaw, she's, Case, there's, There's Organizations: Raleigh's City Council, Council, Raleigh, Public, Shaw University, Raleigh City Council, New, Seaboard Station, Seaboard, City Council Locations: Raleigh , North Carolina, Southern, Wake County, Raleigh, Oaks, Raleigh's, Melton, Hayes Barton, Hayes, Hielema, Biltmore, New York, Los Angeles, San Francisco, Vermont, Austin, Cleveland, Scottsdale , Arizona, Wake, New Bern, downtown Raleigh, New York City, downtown that's

☆ Bullish on Yen on a 12-month view given Japan's economic trend: Strategist
▼ + stars: | 2024-01-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBullish on Yen on a 12-month view given Japan's economic trend: StrategistKathy Lien of BK Asset Management expects 'significant' unwinds in Yen carry trade in 2024 as the Bank of Japan is expected to tighten monetary policy while other major central banks are likely to cut rates.

Persons: Kathy Lien, Yen Organizations: BK Asset Management, Bank of Locations: Yen, Bank of Japan

☆ Lawyers place lien on Ye's Malibu home: 'If someone wants to buy Kanye's Malibu home, they'll have to deal with us first.'
▼ + stars: | 2024-01-10 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The lawsuit also alleged that Ye fired Saxon after raising concerns about some of the artist's demands and still had yet to pay Saxon's wages. In December, The Wall Street Journal reported that Ye was selling the Malibu property for $53 million. "So in this case, if someone wants to buy Kanye's Malibu home, they'll have to deal with us first. Ye's employees slept on the floor of his Malibu beach house, according to a lawsuit.

Persons: —, Tony Saxon, Ye, Ron Zambrano, doesn't, there's, Zambrano, Tony, Saxon, Jason Oppenheim Organizations: Service, Business, Street Journal, BI, Malibu, Oppenheim Group Locations: Malibu , California, Malibu, California

☆ Fact Check: Fox News did not report Deutsche Bank filed Mar-a-Lago foreclosure in November
▼ + stars: | 2023-11-24 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

Fox News did not report that Deutsche Bank filed a foreclosure notice on former U.S. President Donald Trump’s Florida residence, Mar-a-Lago, in November 2023. The post reads: “BREAKING FOX NEWS Deutsche Bank has filed a notice to foreclose on Mar A Lago. A spokesperson for Deutsche Bank declined to comment. The account that first posted the claim describes itself as a parody account. A spokesperson for Fox News said that the claim is “fake.”This article was produced by the Reuters Fact Check team.

Persons: Donald Trump’s, Lago, Trump, “, ”, Read Organizations: Fox, Deutsche Bank, FOX, Trump, Facebook, Fox News, Reuters, Deutsche Bank's, Thomson Locations: Donald Trump’s Florida, Mar, New York

☆ Fact Check: Kyle Rittenhouse is not taking hold of Whoopi Goldberg’s property
▼ + stars: | 2023-11-14 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

A satirical article claiming that Kyle Rittenhouse put a $22 million lien on Whoopi Goldberg’s Beverly Hills mansion due to her not paying him for a settlement is being taken seriously by social media users online. A Facebook post (archived) sharing the claim reads, “Whoopi Goldberg still hasn’t paid Kyle Rittenhouse for their settlement agreement. Kyle just put a lien on her Beverly Hills mansion for $22 million. Reuters previously addressed a false claim from the same satirical publication that Rittenhouse sued and won a defamation case against The View and was awarded $22 million. Claims that Kyle Rittenhouse put a lien on Whoopi Goldberg’s Beverly Hills mansion for $22 million stem from a satire article.

Persons: Kyle Rittenhouse, Whoopi, “ Whoopi Goldberg, Kyle, ’, Lien, ”, Dunning, Kruger, Rittenhouse, Mark Richards, Goldberg, Read Organizations: Kruger Times, Defense, Reuters, ” Reuters, Thomson Locations: Beverly, America’s, Beverly Hills

The fallout has extended to Washington, where Republicans are hunting for evidence that could be used to impeach President Joe Biden. Republicans have highlighted a $200,000 personal check from Jim to Joe Biden on the same day — March 1, 2018 — that Jim Biden received an equal amount from Americore. Concerns that Jim Biden’s business ventures and missteps would cloud Joe Biden’s political career stretch back decades. Court records show the matter was dropped, and Jim Biden's representatives said the bill was paid. But he’s also angry at Jim Biden's brother.

Persons: ELLWOOD, Jim Biden, Joe Biden, Jim Biden wasn’t, Americore, It’s, Joe Biden’s, Hunter, Biden, Jim, ”, Paul Fishman, “, Ian Sams, Republicans won’t, ” Jim Biden, James Comer, he’s, ” Comer, Jim Biden's, Sara, Joe, Jill, Jim Biden’s, Barack Obama’s, Narendra Modi, Valerie, Frank, Beau, Beau Biden, ” Hunter, Uncle Jim, Hollywood Roosevelt, ‘, Let’s, ’ ”, Hurricane Irma, Tom Pritchard, Pritchard, ” Pritchard, Obama, Jim Biden “, ” Fishman, Michael Lewitt, Lewitt, Fishman, Biden’s, Grant White, ” White, Donald Trump, Scott Paglia, Paglia, ___ Suderman, Rhonda Shafner Organizations: ELLWOOD CITY, Health, House Republicans, Republicans, ., Democrats, Americore, Rep, Kentucky Republican, franchise, Senate, Delaware News, Oval, White, Indian, University of Delaware, Internal Revenue Service, CEFC China Energy . Records, American Express, U.S . Department of Veteran Affairs, Platinum Global Partners, Securities and Exchange Commission, Wall, Democratic, Associated Press Locations: Pa, Florida, Ellwood City, Pennsylvania, Washington, “, China, Philadelphia, Delaware, Mississippi, California, Los Angeles, Qatar, Saudi Arabia, South Florida, Delray Beach , Florida, Richmond , Virginia, New York

For Indian families, a modest wedding is an oxymoron. It was no different for Arti Kumari’s parents, despite their limited means as an NGO worker and a subsistence farmer. As the wedding day grew closer, Arti was still waiting for notice of the date of her athletic test for the federal security force job she hoped to win. She would be marrying without a job — not the future she and her mother had worked so hard for. Nevertheless, her wedding would be an ornate, multiday affair.

Persons: Arti Kumari’s, Meena, Anil, Arti Locations: India’s

☆ Former top Baltimore prosecutor convicted of federal perjury charges
▼ + stars: | 2023-11-10 | by ( Steve Gorman | ) www.reuters.com time to read: +3 min

Nov 9 (Reuters) - Baltimore's former top prosecutor Marilyn Mosby was found guilty of perjury on Thursday for falsely claiming financial duress to withdraw funds from a retirement plan. A U.S. District Court jury in Greenbelt, Maryland, convicted Mosby, 42, on both federal perjury counts she faced after hours of deliberation. Mosby, a Democrat, lost her bid for a third term after she was indicted on federal charges in January 2022. Mosby's defense team argued in court that she did not lie in stating financial hardship because her private travel business took a hit during the pandemic. None of the six officers charged in his death was convicted.

Persons: Marilyn Mosby, Mosby, Freddie Gray, Prosecutors, Gray, Steve Gorman, Michael Perry Organizations: Maryland, Baltimore, Democrat, Maryland U.S, Attorney's, Prosecutors, Internal Revenue Service, Thomson Locations: U.S, Greenbelt , Maryland, Maryland, COVID, Florida, Los Angeles

☆ Sam Bankman-Fried faces over 100 years in prison at sentencing. Experts weigh in on how much time he'll actually get
▼ + stars: | 2023-11-04 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +3 min

A jury of twelve found FTX founder Sam Bankman-Fried guilty of all seven criminal charges brought against him. The question of how long he'll remain in prison, however, is one that Judge Lewis Kaplan will spend the next few months deliberating by himself. "So I should preface this by saying I'm not a lawyer," Bankman-Fried began one answer. After several dozen of these instances, the government often presented evidence that would either directly refute the defendant's testimony or offer an answer to the question Bankman-Fried had dodged. So now, the question of prison time goes to Judge Kaplan.

Persons: Sam Bankman, Lewis Kaplan, Kaplan, Judge Kaplan, I'm, Fried, FTX, Danielle Sassoon, wasn't Organizations: Southern, of, Massachusetts Institute of Technology, CNBC Locations: of New York, Manhattan, Alameda, FTX

☆ In some states, it's 'nearly impossible' to buy a home that isn't part of a homeowners association, expert says
▼ + stars: | 2023-10-31 | by ( Charlotte Morabito | In Charlottemorabito | ) www.cnbc.com time to read: +8 min

These communities are usually overseen by homeowners associations. Homeowners associations, also known as HOAs, are self-governing organizations that implement rules for homeowners and renters within common-interest communities. The board may choose to hire a management company, many of which are for-profit, to help run day-to-day operations. Roughly 84% of newly built, single-family homes sold in 2022 belonged to homeowners associations, according to the U.S. Census Bureau. "But it seemed like [the deal] never got to the management [company] or homeowners association," Enrique Inostroza said.

Persons: Jewel Inostroza, Enrique, Gen Z, it's, Deborah Goonan, Inostroza, Enrique Inostroza, Mark Licea, HOA, Bradley, Tom Skiba, Skiba, Steve Horvath Organizations: Homeowners, Finance, . Census, Communities, CNBC, Management, HOA, Sentry Management, Community Associations Institute, Economics, Rocket Mortgage, HOA United Locations: Newnan , Georgia, HOA, U.S

New York CNN —Former crypto billionaire Sam Bankman-Fried took the stand in front of a judge and jury last week in his criminal fraud trial. “I was kind of busy and lazy and didn’t bother getting a haircut for long periods of time,” Bankman-Fried said. Bankman-Fried is being accused of using this “back door” to transfer billions of dollars in FTX customer funds to Alameda. He initially thought FTX would failWhen Bankman-Fried and Gary Wang started FTX in 2019, there were already dozens of crypto exchanges. I’m not sure that I would quite answer yes to the question as you most recently phrased it.

Persons: Sam Bankman, Fried, “, ”, we’ve, Caroline Ellison, Bankman, Mark Cohen, ” Cohen, Cohen, didn’t, FTX, Gary Wang, Binance, ” SBF, Lewis Kaplan, Kaplan interjected, Danielle Sassoon, I’m Organizations: New, New York CNN, Prosecutors, Alameda Research, Miami Heat, American Airlines, FTX, New Orleans Saints, Kansas City Chiefs, Kansas City Royals, Kaseya Locations: New York, Bahamas, Alameda, Kansas City, Bankman, FTX

WASHINGTON (AP) — Nearly 10 years after it was first imagined as an opera, “Grounded” is ready to take flight. With music by Jeanine Tesori and a libretto adapted by George Brant from his own play, “Grounded” tells the story of an F-16 fighter pilot who becomes pregnant and leaves the service. The opera has its world premiere at the Washington National Opera on Saturday, with performances continuing through Nov. 13. And next fall it will open the season at the Metropolitan Opera, which commissioned the work. “It’s not a story about, Oh it’s really hard to be a woman in a man’s world,” Cremo said.

Persons: Jeanine Tesori, George Brant, Paul Cremo, It’s, “, Millie ”, Jeanine, we’ve, ” Cremo, it’s, That’s, ” Brant, Cremo, he’d, ”, Tesori, Brant, —, Jess, Eric, Michael Mayer, Mimi Lien, ” Lien, Emily D’Angelo, ” D’Angelo, can’t, Daniela Candillari, ” Candillari, ” Critics, WNO Organizations: WASHINGTON, Washington National Opera, Metropolitan Opera, Dynamics Locations: Nevada, Manhattan, Canadian, Eric’s, Wyoming, “, New York

☆ Biden's Education Department is taking the next step to get broad student-loan forgiveness to millions of borrowers. Here's what you need to know.
▼ + stars: | 2023-09-29 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

The Education Department announced it's moving forward with the broad student-debt relief process. AdvertisementAdvertisementPresident Joe Biden's Education Department just took the next step on its second attempt to get broad student-debt relief to millions of borrowers. On Friday, the Education Department released a paper outlining what it is considering as it develops its new plan for broad student-loan forgiveness. AdvertisementAdvertisement"The Biden-Harris Administration has taken unprecedented action to fix the broken student loan system and deliver record amounts of student debt relief," Education Secretary Miguel Cardona said in a statement. "Now, we are diligently moving through the regulatory process to advance debt relief for even more borrowers.

Persons: —, Joe Biden's, Harris, Miguel Cardona, I'm Organizations: Education Department, Service, Joe Biden's Education Department, Higher, Biden, Harris Administration, Black Colleges, Universities

☆ How to avoid getting scammed out of your home or becoming a victim of land fraud
▼ + stars: | 2023-09-27 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +7 min

Gordon isn't the only victim of this type of fraud — known as home-title fraud, land fraud, or seller-impersonation fraud — where scammers impersonate the rightful owner of a property by forging documents in order to sell it. Petrescu and Gordon share a few measures property owners can implement to help stop land fraud from happening to them. That may seem like an obvious one, but for a vacant piece of property, owners might forgo that extra security. He used the same title company to buy the land and to refinance it a year later. "Here we have the same title company that I used, and now the fraudster's using the same title company," Gordon said.

Persons: —, William Gordon's, Gordon isn't, scammers, Daniel Kenigsberg, Victor Petrescu, Levine Kellogg Lehman Schneider, Grossman, " Petrescu, Petrescu, Gordon, William Gordon William Gordon Another, there's, hadn't, Victor Petrescu Levine Kellogg Lehman Schneider, he'll Organizations: FBI, MLS, Service Locations: Arizona, Tucson, Fairfield , Connecticut, Miami, Petrescu, Pima County , Arizona

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