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A former body guard for Sean Combs has filed a defamation lawsuit against a woman who in September accused him of physically and sexually assaulting her in 2001. Joseph Sherman called the allegations in Thalia Graves’ lawsuit “utterly and entirely false,” in documents filed Thursday in federal court in Manhattan. She said Sherman had lifted her up from a couch, slammed her down on a table and Combs then raped her, according to her court filing. Sherman also slapped her multiple times and forced her to perform oral sex on him, Graves’ lawsuit said. Combs’ attorneys have vehemently denied the charges in the indictment and allegations in all of the other suits.
Persons: Sean Combs, Joseph Sherman, Thalia Graves, Graves, Gloria Allred, Combs, Sherman, Darnell Crosland, , aren’t, , ” Sherman, hadn’t, Casandra Ventura, Cassie, Ventura Organizations: Bad Boy, NBC News Locations: Manhattan, Brooklyn
A Spirit Airlines flight to Haiti was hit by gunfire on Monday, injuring a flight attendant, as the State Department warned of "gang-led efforts" to stop travel to the country. Spirit released a statement confirming that one of its flights from Fort Lauderdale, Florida, to Port-au-Prince, Haiti, was diverted to the Dominican Republic on Monday. "One Flight Attendant on board reported minor injuries and is being evaluated by medical personnel," the statement said. Travel to Haiti, which is still in the midst of violent political turmoil, is not advised by the State Department. "Only attempt to depart Haiti or travel within Haiti if you believe it is safe for you to do so."
Persons: Jovenel Moïse, Ariel Henry, Henry Organizations: Spirit Airlines, State Department, Dominican Republic . American Airlines, The State Department, U.S, Embassy Locations: Haiti, Fort Lauderdale , Florida, Port, Prince, Dominican Republic, Florida, Miami, Caribbean
Veterans can face challenges translating their military skills to civilian roles. Employers too often overlook or discount the experience veterans bring, a report found. These advocates for hiring veterans said that by looking a little closer at the skills undergirding veterans' experience, employers could help plug gaps in their workforces. Yet at the same time, employers often overlook or discount military experience, LinkedIn found. From there, Dickman said, Hire Heroes USA can go to employers and point to the abilities a veteran, service member, or military spouse possesses.
Persons: Ashley Bethea, , Bethea, Ashley, hadn't, Ross Dickman, Dickman, Jesse Gartman, Gartman, he'd, he's, Trina Clayeux, Clayeux, they've Organizations: Air Force, Service, Business, Hire, Apache, Army, Marine Corps, Craigslist, Movers, Pentagon Locations: America, Iraq, New York City, Oklahoma City, Gartman, Bethea
Editor's note: Business Insider's reporters and editors nominated leaders based on insights from past Climate Action honorees, expert sources, and reader submissions. Courtesy of Jayson RicamaraSaudi Arabia, with its hot desert climate and little fresh water, is one of the most difficult farming environments. AdvertisementIyris in October also launched a sustainable-farming pilot in Saudi Arabia with chemical and plastic manufacturers as well as companies including Red Sea Global, a luxury tourism developer. A UN climate panel estimated that harnessing wave energy could supply 20% more electricity than the world produced in 2022. The US is trying to shore up its own mining and manufacturing base to curb China's power, including in battery recycling.
Persons: Derya Baran, Iyris Derya Baran, Jayson Ricamara, Baran, SecondSky, who's, Inna Braverman, Braverman, David Leb, Charles Callaway, Environmental Justice Charles Callaway ., Callaway, Clara, Gretchen Cara Daily, Stanford University Gretchen Cara Daily, Daily, NatCap, Juan Carlos Navarro, Panama Juan Carlos Navarro, Panama Navarro, José Raúl, Haiti —, Navarro, del, Reinhold Gallmetzer, Reinhold, Gallmetzer, Brazil's JBS, packer, Diane Gilpin, Smart Green Shipping Diane Gilpin, Gilpin, Drax, Roberta Tuurraq Glenn, Borade, Savok Glenn, Glenn, Cynthia Houniuhi, Houniuhi, it's, Arvind Kumar, Prasad, Rice, Kumar, Ari Matusiak, Gazur, Matusiak, , Duncan McIntyre, McIntyre, Altenex, Ozane, Biden, It's, Delta, Liz Ricketts, Charlie Engman Ricketts, Ricketts, Ricketts didn't, Chao Yan, Princeton NuEnergy Chao Yan, Yan Organizations: Iyris, United Arab, King Abdullah University of Science, Technology, Red, Eco, UN, Eco Wave Power, Shell, Environmental Justice, Proctor Academy For Callaway, Metropolitan Transportation Authority, Green Institute, Callaway, Natural, Stanford University, Stanford, Facility, Ministry, Environment, Panama's, UNESCO, US State Department, National Association for, Nature, Center, for, Carrefour, Nestlé, Smart Green Shipping, Scottish Enterprise, International Windship Association, Maritime Organization, Union, Alaska Arctic Observatory, National Weather Service, AAOKH, University of Alaska, Pacific Islands, University of, International Court of Justice, United Nations, Prasad Seeds, Labor, Prasad, International Rice Research Institute, Rewiring, Reduction, Communities, Highland Electric, Schools, Highland, Beverly Public Schools, Fortune, Edison International, Louisiana, US Department of Energy, Ozane, White, LNG, Vessel Project, Biden, Department of Energy, Kantamanto, London . Brands, McKinsey, Princeton, New Jersey Institute of Technology, Princeton University, Princeton NuEnergy, Energy, Laboratory, EV Locations: Jayson Ricamara Saudi Arabia, Saudi Arabia, United Arab Emirates, Egypt, Spain, Ukraine, Cherkassy, Israel, Gibraltar, Port of Los Angeles, Porto, Portugal, West Harlem, New York City, Clara Hale, Costa Rica, Belize, China, NatCap, Stanford, Panama, Colombia, Venezuela, Haiti, Panama City, Brazil, Peru, Brazilian, , Norway's, Barrow, Furness, Alaska, University of Alaska Fairbanks, Utqiaġvik, Fanalei, Solomon Islands, Fiji, Vanuatu, Tonga, Asia, Saharan Africa, India, Philippines, Nepal, Bangladesh, Africa, Hyderabad, South, Southeastern Asia, Subhanpur, Rewiring America, Massachusetts —, Sulphur , Louisiana, Calcasieu, Vessel Project Louisiana, Accra, Ghana, New York, London, Kantamanto, Taiyuan, China's Shanxi, Argonne, South Carolina
"For example, during Trump's previous administration, deregulation in the energy sector boosted oil and gas stocks, benefiting energy ETFs." Aggregate Bond ETF (AGG) and Vanguard Total Bond Market Index Fund ETF (BND), two of the world's largest bond ETFs, and longer-term funds like iShares 20+ Year Treasury Bond ETF (TLT). Crypto ETFS having big year and getting bigger Since launching in January, crypto ETFs have attracted roughly $70 billion in assets, one of the most successful ETF launches ever. Bitcoin ETFs including the iShares Bitcoin Trust (IBIT), the largest bitcoin ETF by assets under management, have seen significant inflows since October. Rosenberg at Texas Capital acknowledges that certain ETF sectors, like industrials ( Vanguard Industrials Index Fund ETF , or VIS; iShares U.S. Industrials ETF , or IYJ), "could be hurt by more tariffs."
Persons: Trump, Tom Lydon, John Davi, iShares Russell, ROE, Matt Bartolini, Bartolini, Gavi, Edward Rosenberg, Gary Gensler, Michael Novogratz, Cathie Wood, Todd Sohn, Wood, Davi, Rosenberg, industrials Organizations: Astoria, CNBC, Potential Trump, Bank ETF, Assets ETF, Trump, ETF Research, Street Global Advisors, Regional Bank ETF, Treasury, Aggregate Bond, Vanguard, Fund, Treasury Bond ETF, Texas, SEC, Commodity Futures, Galaxy Digital Holdings, ARK, Innovation, ARKK, Downside, China ETF, Texas Capital, Index, Industrials, U.S, Edge Locations: Astoria, Congress, rulemaking, Coinbase, China, Mexico
Paris Associated Press —Paris police said Sunday that 4,000 officers and 1,600 stadium staff will be deployed for a France-Israel soccer match to ensure security in and around the stadium and on public transportation a week after violence against Israeli fans in Amsterdam. France and Israel are playing in a UEFA Nations League match on Thursday that French President Emmanuel Macron will attend, the Elysee presidential palace said. Nuñez said that French organizers have been in contact with Israeli authorities and security forces in order to prepare for the match. On Sunday, Dutch police detained several people for taking part in a demonstration in central Amsterdam that had been outlawed following the violence targeting Israeli fans, a local broadcaster reported. French Interior Minister Bruno Retailleau confirmed Friday that the France-Israel match would go ahead as planned.
Persons: Emmanuel Macron, , Laurent Nuñez, Nuñez, ” Nuñez, Bruno Retailleau Organizations: Paris Associated Press, UEFA Nations League, National Security Council, BFM, Stade de France, Paris Olympics Locations: France, Israel, Amsterdam, Paris, Europe
I've been riding trains across the US for 26 years, and it's one of my favorite ways to travel. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But it can also be chaos, especially if other riders are doing things that irritate you. After 26 years of riding trains up and down both US coasts and across the Midwest, here are seven things I wish passengers would stop doing. People are getting on and off at every stop, so even if your train car looks empty when you board, you should still be mindful of how much space you're taking up.
Persons: I've, , Daniel J, Macy, we've, that's Organizations: Service, Amtrak, YouTube Locations: stairwells, what's
The Toyota Camry is a midsize sedan and the best-selling car in the US for the past 22 years. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementSince its launch in 1983, the Toyota Camry has become the gold standard for dependable, albeit a bit dull, family transportation among American car buyers. It marked the 22nd year the midsize sedan has been the country's best-selling passenger car. This year, Toyota went hybrid-only with the Camry, which features updated styling and tech, too.
Persons: Organizations: Toyota, Service, Toyota Camry, Honda Accord, Hyundai, Kia, Camry
Limos used to be the snazzy way of moving around town, but now luxury transportation is being redefined. Here's what happened to the limo and what's replacing it.
Persons: Limos
South Korea’s military said North Korea disrupted GPS signals from border areas for the second-straight day on Saturday, affecting an unspecified number of flights and vessel operations. While warning aircraft and vessels near western border areas, South Korea’s military did not specify how North Korea was interfering with GPS signals or detail the extent of disruptions. North Korea’s GPS signal disruptions and balloon campaigns highlight the vulnerability of South Korea’s Incheon International Airport, its main transportation gateway, analyst Sukjoon Yoon recently wrote on the North Korea-focused 38 North website. He said that in 2024, North Korean trash balloons halted the airport’s runway operations 12 different times for a total of 265 minutes. South Korean officials say North Korean activities to disrupt GPS signals from western border regions increased as the country began launching trash-carrying balloons toward the South in late May, which the North described as a retaliation against South Korean civilian activists flying anti-North Korean propaganda leaflets across the border.
Persons: Koreas, Kim Jong Un, Sukjoon Yoon, ” Yoon, Kim, Vladimir Putin’s Organizations: Korea’s, Chiefs, Staff, North, South Korea’s, International Airport, Pyongyang —, Washington ., South Korean Locations: North Korea, South, Kaesong, Haeju, Korea, North Korean, Pyongyang, South Korea, Seoul, Washington, Washington . South, Korean, Russia, Ukraine, Moscow
Space industry experts told Business Insider that Musk's influence over Trump could help advance his business interests, including sending the first crewed mission to Mars. "I'm hugely optimistic about what's going to happen in space now," Michelle Hanlon, executive director of the Center for Air and Space Law at the University of Mississippi School of Law, told Business Insider. Hanlon's optimism isn't unfounded, especially if Trump's second term focuses on space as much as his first. AdvertisementDuring his first term, from 2017 to 2021, Trump's administration founded the Space Force, re-launched the National Space Council, and established NASA's Artemis program. A spokesperson for Trump's campaign said that Musk's ideas and efficiency will benefit federal bureaucracy but his role in Trump's administration remains under wraps.
Persons: Elon Musk, Donald Trump, Trump, , Elon Musk's, Michelle Hanlon, Musk, Volodymyr Zelenskyy, Axios, Jim Watson, Deborah Sivas, it's, Elon, Hanlon, George Nield, we've, Donald Trump’s, Anna Moneymaker, Nield, Artemis program's Organizations: Service, Trump, Center for Air, Space, University of Mississippi School of Law, Space Force, Space Council, Department of Government, Traffic Safety Administration, Federal Aviation Administration, Ukrainian, Getty, SpaceX, Environmental, Stanford, Republicans, Space Transportation, NASA, Orion Locations: Pennsylvania, Butler , Pennsylvania, Sivas
Russia's hybrid warfare tactics against the US and Europe are reaching new levels. AdvertisementRussian disinformation and interference — hybrid warfare tactics — are on the rise and again showed up in the US presidential election, but this is a problem for more than just America. Russian tactics were on full display in the 2024 US presidential election. AdvertisementMore than an American problemThis hybrid warfare is a broader problem for other Western countries, too. Moldova's pro-EU incumbent president, Maia Sandu, won reelection despite Russian efforts to sway the election.
Persons: , Mark Rutte, Clinton, Mikhail Svetlov, it's, Doug Livermore, Donald Trump, Lev Radin, Trump, Livermore, Russia's, Maia Sandu, Daniel MIHAILESCU, Harris, Kamala Harris, Joe Biden, aren't Organizations: Service, NATO, FBI, State, intel, Getty, Irregular Warfare, National Intelligence Council, US intel, Infrastructure Security Agency, Ukraine, Moldovan, Union, Xinhua News Agency Locations: Europe, Russia, Moscow, Russian, Washington, China, Iran, US, Republic of Georgia's, France, Germany, AFP, Beijing, North Korea, America
A growing group of Chinese travelers are now turning to extreme forms of transportation for their vacations. They call themselves “iron butt” travelers – inspired by the amount of time they spend traveling on uncomfortable seats that make flesh start to feel like metal. Iron butt travel lets me visit more places for less money,” another self-identified “iron butt” traveler, 27-year-old Peng Fei, told CNN. But that doesn’t mean he and his fellow “iron butt” travelers have to compromise the fun. Now, though, iron butt travelers are redefining – or perhaps gentrifying – this form of travel.
Persons: Hong Kong CNN — Lin En, Lin, isn’t, Lin En, Peng Fei, , , I’d, , Lin En's,  Lin En, Peng, “ I’ve, They’re Organizations: Hong Kong CNN, CNN, Tibet Autonomous, United Arab Emirates Locations: Hong Kong, Xinjiang, China’s, Astana, Kazakhstan’s, China, Kazakhstan, Laos, Kunming, Huay, Thailand, Myanmar, megacities, Beijing, Shanghai, Lhasa, Tibet, Tibet Autonomous Region, Guangzhou, Central Asia, Europe, Turkey, Armenia, Georgia, Uzbekistan, Tibet Autonomous, Egypt
Russia's brain drain has become its economy's biggest problem, an economist told Business Insider. The long-lasting nature of brain drain makes the issue more serious than, say, inflation, which could be remedied by central bank maneuvering. Over the next decade, Russia's economy could devolve into one dependent mainly on its natural resources rather than on the most innovative industries, Portes speculated. That's similar to what other economic forecasters have predicted, with some warning Russia's economy could become de-industrialized as its resources are siphoned off by the war. Advertisement"It will be reduced to a resource economy, a natural resource economy," he said of Russia's future.
Persons: , Richard Portes, they've, Portes Organizations: Service, London Business School, Russia, French Institute of International Relations, Business, Institute of Economics, Russian Academy of Sciences, Labor, Russian, UC Berkeley Locations: Russia, Ukraine
Former U.S. President Donald Trump's victory over Vice President Kamala Harris in this week's election has raised questions about how Asia will be impacted. "When passed, the [tariffs] will sweep across Asia, particularly China [and] should spike volatility and compress multiples as uncertainty prevails." Even so, the analysts say the region is "more prepared than in 2016" and investment opportunities remain, especially given the weaker yen and stimulus in China. This will bring about "structural shifts in global supply chain ... [and] could boost infrastructure spending in ASEAN and South Asia," he added. The currency has fallen versus the dollar following Trump's win, hitting 154.7 per dollar on Wednesday — its weakest level since July 30.
Persons: Donald Trump's, Kamala Harris, India's, Hong, Tai Hui, Hui, Stocks, — CNBC's Lim Hui Jie Organizations: U.S, Trump, Macquarie Research, Nikkei, Dow Jones, Nasdaq, Morgan Asset Management, Congress, Mitsubishi Electric, Mitsubishi, Japanese pharma, Chugai Pharmaceutical, SK Hynix Locations: Asia, China, ASEAN, South Asia, U.S, Macquarie, Japan
Singapore CNN —A humble suburban school in Australia has fended off competition from skyscrapers, museums and airport terminals to be named World Building of the Year 2024. Brett BoardmanA school had long been on the south Sydney site, though the old 1970s building was no longer fit for purpose, according to fjcstudio, the design firm behind the project. The World Building of the Year was selected from the winners of each category, as chosen by a panel of 175 festival delegates. Friday’s result marks the second consecutive year that the WAF judges opted for an educational building, with a serene boarding school in China taking last year’s title. Darlington Public School is also the second Sydney building to win in the past three years, after Quay Quarter Tower — dubbed the world’s first “upcycled” skyscraper for retaining two-thirds of an old high-rise on the site — won in 2022.
Persons: Singapore CNN —, Brett Boardman, fjcstudio, Alessandro Rossi, , , Organizations: Singapore CNN, Darlington Public School, Housing, Darlington Public, National Star Observatory of Locations: Singapore, Australia, Sydney, Chippendale, fjcstudio, WAF, ” Sydney, National Star Observatory of Cyprus, Polish, Turkey, China, Copenhagen, Denmark
I worked as a VIP tour guide at Disneyland, so I know which offerings aren't worth visitors' time. AdvertisementIn the five years I worked as a VIP tour guide at Disneyland, I got to know the park very well. Amber WainwrightNothing beats a sky-high view of the park, but the Pixar Pal-A-Round isn't as relaxing as it looks. Don't shop for merch until you're on your way out of the parkDon't buy your merch until you're about to leave the park. AdvertisementAvoid the Mickey & Friends parking structureNo matter where you park at Disneyland, there will likely be many cars already there.
Persons: , Amber Wainwright, Steer, I've Organizations: Pixar, Mickey, Service, Friends, City Hall Locations: Fantasyland
MUNICH — A U.S. citizen suspected of offering intelligence about the American military to China has been arrested in Frankfurt, German authorities said Thursday. Identified only as Martin D. under German privacy law, the federal prosecutors office said in a statement that the suspect “worked for the U.S. armed forces in Germany,” until recently. Prosecutors added that, as some point this year, the suspect “contacted Chinese government agencies and offered to provide them with sensitive U.S. military information for forwarding to a Chinese intelligence service.” They did not say when the offer took place. The suspect “obtained the information in question during his work with the U.S. armed forces,” prosecutors said, adding that investigators had searched his apartment. It added that she gave the information to a second Chinese national, named as Jian G., who is being prosecuted separately.
Persons: Martin D, , , X, Jian G, Jian, Maximilian Krah Organizations: U.S, Prosecutors, Federal, of Justice Locations: MUNICH, China, Frankfurt, Germany, , Beijing, Leipzig, Halle, German
From AI healthcare solutions to groundbreaking mobility and cybersecurity tech, GITEX GLOBAL 2024 showcased innovations and industry shifts set to shape the future digital landscape. Hassan Alnaqbi, CEO of Khazna Data Centers, joins a panel discussion at GITEX GLOBAL 2024. Xpeng Aeroht's flying car prototype and Zapata's Airscooter on display at GITEX GLOBAL 2024. Confronting global challengesWith global cybercrime damage projected to hit $10.5 trillion annually by 2025, cybersecurity was a hot topic at GITEX GLOBAL 2024. Find out more about GITEX GLOBAL 2024 here.
Persons: GITEX, Hassan Alnaqbi, Denis Ledenkof, Robosculptor, , Shameer Khader, Salahaldeen AlMarzooqi, cybersecurity, Cybersecurity, Mohamed Al Kuwaiti, , ” Todd Conklin, Siyuan Liu, Peng Xiao Organizations: Dubai World Trade, Khazna Data, GITEX, Oracle Health, Precision Medicine, Sanofi, Mobility, Transport Authority, Metro, Department, RTA, UAE Government, UAE, US Department of, Treasury, IoT, Strategy, Nissan Hyper Force Locations: cybersecurity, China
A robot that has spent months inside the ruins of a nuclear reactor at Japan's tsunami-hit Fukushima Daiichi plant delivered a tiny sample of melted nuclear fuel on Thursday, in what plant officials said was a step toward beginning the cleanup of hundreds of tons of melted fuel debris. Employees of Tokyo Electric Power Company load a transportation box containing fuel debris from the Fukushima Daiichi nuclear power plant. A device to remove debris from a reactor at the damaged Fukushima nuclear plant. The sample return marks the first time the melted fuel is retrieved out of the containment vessel. An estimated 880 tons of fatally radioactive melted fuel remains in them.
Persons: Akira Ono, That’s, Telesco Organizations: Tokyo Electric Power Company Holdings, Plant, Employees, Tokyo Electric Power, Inc, TEPCO, Kyodo Locations: Fukushima, AFP
HAVANA — Cuba’s national electrical grid collapsed on Wednesday as Hurricane Rafael slammed into the island’s southwest shore, packing sustained winds of 115 mph and wreaking havoc on the already crisis-stricken country. The hurricane was churning about 60 miles west of Cuba’s capital Havana on Wednesday night, after lashing the capital city of nearly two million people with driving rain and violent wind gusts. The Miami-based National Hurricane Center warned of a “life-threatening storm surge, damaging hurricane-force winds and flash flooding” across much of western Cuba. Cuba’s state-run grid operator UNE said the high winds had caused the country’s electrical system to collapse. Forecasters predict Rafael will spin off towards the western Gulf of Mexico later this week, though the track remains uncertain, the hurricane center said.
Persons: Rafael, Havana’s Jose, Ydael Pérez Brito, Oscar, Adalbero Roque Organizations: Hurricane Center, Police, Havana’s Jose Marti International Airport, Pinar del, Farmers, Agriculture, Communist, Getty Locations: HAVANA, Cuba’s, Havana, Miami, Cuba, State, Varadero, Cayo Largo, Artemisa, Pinar del Rio, AFP, Venezuela, Russia, Mexico, Cayman Islands, Gulf
It all started with a summer project when he was 12 and "super into the game Minecraft," Guo tells CNBC Make It. He recently moved from Southern California to Bali, Indonesia, where he splits a villa with friends and spends his free time surfing. The expense is well worth it for high-quality food, Guo says: "One of the best parts about Bali is how clean and healthy the food is. "Most of my expenses go towards food, but if I do spend money, it's typically towards gifts for family or my girlfriend." As far as what he doesn't spend on, "I absolutely refuse to spend money on things that depreciate in value," like luxury goods, Guo says.
Persons: Steven Guo's, Guo, Steven Guo, Roth, frugally, China who's, We're Organizations: CNBC, University of California, Amazon Prime, YouTube, Transportation Locations: Southern California, Bali, Ruda Putra, Indonesia, Irvine, U.S, Philippines, UK, India, California, Canggu, Portugal, Australia, Hawaii, China, Canada
Injuries were reported and homes were threatened in a Southern California wildfire that began Wednesday and, fueled by high winds, rapidly grew to over 10,000 acres, officials said. B&J Drive - InThe fire began at 8:51 a.m. local time, the California Department of Forestry and Fire Protection said. High winds prevented fixed-wing aircraft from helping fight the fire, the Ventura County Fire Department said. The fire jumped State Route 118 and part of it was closed due to fire on both sides of the freeway, the California Department of Transportation said. Smoke was also limiting visibility and slowing traffic on the busy 101 freeway, south of the state route, the department said on X.
Persons: Organizations: California Department of Forestry, Fire Protection, Cal Fire, Fire Department, California Department of Transportation, National Weather Service, UC San Diego Locations: Southern California, Ventura County, Santa Ana, Ventura , Calif, Ventura, Santa, Tierra Rejada
MESA, Ariz. — A small jet crashed into a vehicle Tuesday after taking off from a suburban Phoenix airport, killing five people, police said. The plane crashed while taking off from Falcon Field Airport in Mesa, police there said in a statement. The Honda HA-420 light business jet struck the vehicle outside airport property at 4:40 p.m., according to the Federal Aviation Administration. Television news video showed what appeared to be a large fire on a road near the airport. The FAA, the National Transportation Safety Board and Mesa authorities will investigate.
Organizations: Falcon Field, Honda, Federal Aviation Administration, Television, Authorities, FAA, National Transportation Safety Board, Mesa Locations: Phoenix, Mesa
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy U.S. states are in financial troubleTwenty-seven U.S. states lack the cash to repay their debts, according to researchers at Truth in Accounting. The debts relate to public pension systems, which provide lifetime benefits to state and local government employees. About $800 billion in federal aid during the pandemic obfuscated the long-term challenges of states. As that extra aid expires economically powerful states are tightening their budgets. That could lead to tax hikes or cuts to public services like education and transportation.
Organizations: Truth
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