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2:00 ▪ Four Minimum read time ▪ up to Fenelon L. The legal tug of war between Ripple Labs and the US Securities and Exchange Commission (SEC) is nearing an end, with the US regulator filing final briefs in the appeals process. Both parties are holding firm on their positions, suggesting an outcome is imminent in the coming months. SEC stands its ground In a final brief filed during the appellate stage of the case, the SEC rejected Ripple's arguments that it acted in good faith and that there should be no ambiguity regarding XRP's regulatory status. The regulator emphasized…
A lengthy debate took place Wednesday between Republican and Democratic senators over a bill that would provide funding for retired state and education workers. HB201The plan, sponsored by Rep. Steve Clouse, R-Ozark, would create a process to create annual procedures for future benefit increases for state and education retirees. Education retirees have not had a cost of living adjustment (COLA) in their benefits since 2007. The bill was adopted by the Senate, which passed the previous vote by a vote of 33-1. substitute Authorizes direct appropriations from Congress to the fund to provide retiree benefits. However, the House voted 102-0…
The state says nearly $1 billion in state funding is starting to be released to help Michigan's public school teacher training and retention system to help schools address a staffing shortage, but a spokesperson for a prominent teachers' union said: He said more funding would lead to greater success.Michael F. Rice, state Superintendent of Public Instruction, spoke after announcing the statewide Teacher of the Year at Rochester High School on Tuesday and said the funds included in the state school aid law by lawmakers for the past two fiscal years will help Michigan He said it is helping address the…
Written by Shri Hari NS and Niket Nishant(Reuters) – Online brokerage Robinhood Markets on Wednesday reported better-than-expected first-quarter profit thanks to strong crypto trading volumes and a rate hike that boosted net interest income.The approval of the first spot Bitcoin ETF in the United States in January fueled sentiment against the crypto industry, which has been marred by several high-profile busts over the past two years.However, the company revealed earlier this week that its U.S. crypto trading arm had received a so-called wells notice from the SEC over tokens traded on its platform.This notice is issued when a regulator plans…
The Downtown Development Authority reports there are 125 businesses in downtown Bainbridge employing an estimated 500 people.How Bainbridge shoppers can keep the doors open for small businesses just by spreading the word.See stories of how local businesses encourage shoppers to support them.Broadcast transcript:How can neighbors help small businesses keep their doors open?Learn how business owners are encouraging their neighbors to promote what Bainbridge has to offer.”Word of mouth gets through,” said Kristin Smith, assistant manager at Factory Connection.Smith has been working as an assistant manager at Factory Connection for the past year.Smith said she worries the store is being forgotten…
Wednesday, May 8, 2024 ▪ Four Minimum read time ▪ up to Evans S. A wave of innovation is blowing into the crypto world, led by giants like Mastercard in partnership with prestigious institutions like Citi and JP Morgan. These organizations, once the traditional gatekeepers of the financial world, are now moving into the realm of asset tokenization. This phenomenon is characterized by the use of a shared ledger for the settlement of tokenized assets and promises to fundamentally reshape the concept of banking transactions. Strategic partnerships to improve efficiency At the heart of this cryptographic innovation is a shared…
Small business employees looking to retire also face high prices for health care options for their next steps in life. What are the best options for small business retirees?Yahoo Finance Health reporter Anjalee Khemlani appears as part of this week's special coverage of Small Business, Big Opportunities, with helpful insights from a conversation with Director of Health at the Employee Benefits Institute. details how retired employees can deal with medical expenses. Research and Education Program Paul Fronstein.See more of this week's feature on Yahoo Finance's Small Business: Big Opportunities or watch the entire episode.This post was written by Nicholas Jacobinovideo…
The Russellville City Schools Educational Foundation held its annual banquet on April 22 with a silent auction, dinner, entertainment, award presentations and a live auction.Kyle Taylor received the Dan C. Hyndman Star Polisher Award. The award was created in memory of former RHS Principal Dan Hindman and recognizes the dedication of educators to the success of Russellville City Schools students. No matter what your students look like, Star Polisher polishes them into a bright, shining light for all to see.Other honorees at the banquet included Gene and Frieda Ellison, and Ramona Robinson.The 2024 scholarship recipients are:RCS Educational Foundation Scholarships: Maggie…
Cryptocurrencies are still stuck in a correction phase, but a series of supply events worth billions of dollars could further delay a meaningful recovery.“If the unlocking of nearly $2 billion in tokens continues at a rapid pace over the next 10 weeks, the altcoin market could fall,” crypto analysis firm 10x Research said in a report on Wednesday.Large-scale token unlocks in cryptocurrencies are typically bearish events that increase supply by distributing assets previously locked in vesting contracts to early investors such as team members, organizations, and venture capitalists. increase.Over the next two months, aptos (APT) will receive approximately $97 million,…
Republicans in both the House and the Senate have expressed interest in raising income limits for educational freedom items this year. However, the two houses disagree about its height. On Tuesday, the Senate Education Committee rejected a House proposal to raise eligibility from 350 percent to 500 percent of the federal poverty level. Instead, the committee proposed an amendment to the bill that would set this level at 400 percent. The Educational Freedom Account program provides low-income families with about $5,000 in state funding per year that can be used to pay for private school or home education. When first…