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TALLAHASSEE, Fla. (WFLA) – House lawmakers gathered at the state capitol on Friday to hear a bomb report claiming Florida insurance companies “rip” Florida people and mislead Congress. During the three-hour hearing during the House Insurance and Banking Committee, the state’s current and former OIR commissioners stood before the legislature. Olympus Pools owners found 35 of 36 felony in a $1.3 million fraud trial Lawmakers were constantly pleading for the question, “Why did this report never draw their attention?” In response, the current commissioner explained that the report was incomplete and was still in draft mode. “I will make myself…
Some people will be retreating twice this year, which could have an impact on taxes.The U.S. Internal Revenue Service (IRS) issued an alert reminding retirees that some of the retirees are obligated to withdraw money from their retirement accounts by the beginning of next month.”In most cases, retirees who turn 73 in 2024 must begin receiving payments from individual retirement agreements (IRAS), 401(k) and similar workplace retirement plans by Tuesday, April 1, 2025,” the agency said in a statement on March 13.Such payments, known as the minimum required distribution (RMD), are the amounts required by individuals with a retirement account…
News AnalysisMark Carney has been sworn in as the new prime minister, and now the question is whether he will call an early election, and if so, when will it happen?Carney is Canada’s first prime minister and elected prime minister, facing opposition parties with the intention of defeating the government in the midst of a trade dispute with the United States.The Prime Minister is about to face voters to win a seat in the House and get a stronger mandate to solidify his legitimacy. According to several experts who spoke to the Epoch era, it may be the best time…
Wyatte Grantham-Philips, AP Business WriterNEW YORK (AP) – Gold prices have skyrocketed to levels they have never seen before amid widespread economic turmoil.Gold Futures surpassed $3,000 per troy ounce for the first time this week. The price of buying gold at the New York spot market is even more behind.Interest in buying money in times of uncertainty can rise sharply as uncertain investors seek safe shelters for their money. Gold prices are now surged high as President Donald Trump’s tariff policies have launched an international trade war that has threatened to shake up financial markets and rekindle inflation as well…
New York State-New State law would protect consumers from fraud, predatory loans and other abusive business practices, according to New York Attorney General Leticia James.With his March 13 announcement with Rep. Mikalasher and support from Senator Leroy Comley, James said the Fair Business Practices Act will help protect New Yorkers from harmful business practices in the absence of federal protection.James said the state’s law addresses actions such as predatory lenders who sell expensive, high-interest loans to small businesses, student loan servicers who lead borrowers to expensive payment plans, nursing homes that unfairly appeal to members of their deceased family members,…
Associated Press, by Cora LewisNEW YORK (AP) — The Trump administration’s recent changes to student loans have caused some borrowers to complain and confusion.In response to a February court ruling that blocked several Biden-era programs, the education department has removed online and paper applications for income-driven repayment plans.”This especially hurts people who lose their jobs, including federal workers,” said Natalia Abrams, founder and president of the Student Debt Crisis Center. “A few months ago, they could have gotten to a zero dollar income-driven repayment plan.”The removal of application materials also caused confusion regarding the recertification process for borrowers who are…
The bill is now sent to the president for his signature. The new classification means that the doctors were unable to prescribe fentanyl.On March 14, the Senate passed a bill that reclassifies fentanyl as a Schedule I drug, which would strengthen penalties for people who were drawn from medical use and charged with criminal offences related to drugs.The bill, introduced by Senator Bill Cassidy (R-La.), passed 84-16 on Friday and sent it to President Donald Trump’s desk for his signature.The Stop Fentanyl Act classifies fentanyl-related substances that contain chemicals or molecular chemicals that are structurally or molecularly related to highly…
PALMETO, Fla. (WFLA) — The Florida Legislature is considering several bills that could ease current gun restrictions across the state. During a stop at Seaport Manatee, the governor discussed his push to loosen current gun laws. “I think I am certifying people’s second constitutional amendments,” DeSantis said. Florida’s famous orange gloves may disappear soon Governor Back House Building 759 can purchase a long gun or rifle that drops from 21 to 18 years old. The bill is currently in the committee stage before it reaches the floor. “You have a 20-year-old Marine carrying firearms to Fallujah, where I was on…
Some people walk into a coffee shop, airport or waiting room and pose as they pose as they like. If used for long periods of time, you may start to feel the effects of pain, stiffness, and discomfort known as “high-tech neck” or “text neck.”Americans spend an average of 4-6 hours a day looking at mobile devices and tablets, but in many cases they often don’t notice their necks being bent. The average head weighs 11 pounds. When you bend your neck more than 20 degrees and look at your smartphone or tablet, the weight of your head puts excessive…
Congress will need to avoid government closures until late tonight.WASHINGTON – The US Senate on March 14th advanced a House-approved bill to keep the government open before the closure begins.After days of speculation about the ultimate fate in the Senate, the Senate evoked the coagulation of the bill with 62-38 votes on Friday afternoon. Ten Democrats joined 52 Republicans to clear up the 60 votes needed to advance the law and bypass the filibuster.The ten Democrats who voted to move the package forward were Senate Minority Leader Chuck Schumer (DN.Y.), Senate Minority Dick Durbin (D-Ill.), Catherine Cortez-Masto (DN.Y.), Brian Schatz…