Washington, D.C.-(ENEWSPF)- Friday, Rep. Robin Kelly (IL-02) voted to pass the historic Inflation Reduction Act and send the legislation to President Biden’s desk. The Inflation Reduction Act will deliver landmark investments to lower Illinois families’ costs, create nine million good-paying union jobs, combat the climate crisis and dramatically reduce the[Read More…]
Finance
Colorado Department of Human Services Announces Public Health Interventions Funded by Marijuana Tax Revenue
New Programs Will Establish Innovative Harm Reduction Models, Including Law Enforcement Assisted Diversion (LEAD) in Four Colorado Jurisdictions Denver, CO –(ENEWSPF)—January 11, 2018 By: Art Way and Tony Newman Yesterday the Colorado Department of Human Services (CDHS) announced 12 total awards to communities to support behavioral health and law enforcement[Read More…]
Wealth Accumulation at the Top Overshadows Near-Retirees’ Outlook
Washington, DC —(ENEWSPF)—November 2, 2017 By: Dean Baker and Mark Weisbrot For the past almost 30 years wealth gains concentrated in the richest households, according to “The Wealth of Households: An Analysis of the 2016 Survey of Consumer Finance,” by economists David Rosnick and Dean Baker, released today by The[Read More…]
Consumer Financial Protection Bureau Report Finds Sharp Increase in Riskier Longer-term Auto Loans
Six-Year Auto Loans Carry Higher Costs and Higher Default Rates than Five-Year Auto Loans Washington, D.C. –(ENEWSPF)—November 2, 2017 By: Consumer Financial Protection Bureau Communications The Consumer Financial Protection Bureau (CFPB) today released a report on auto loan trends that found a sharp increase in riskier longer-term auto loans. According[Read More…]
Consumer Financial Protection Bureau’s First National Survey on Financial Well-being Shows Most U.S. Adults Struggle to Make Ends Meet
Bureau Releases Interactive Online Tool to Help Consumers Measure Their Financial Well-Being Washington, D.C. –(ENEWSPF)—September 26, 2017. Today, the Consumer Financial Protection Bureau (CFPB) released the results of a first-of-its-kind national survey on the financial well-being of U.S. consumers that showed that more than 40 percent of U.S. adults struggle[Read More…]
Chief Executive of Florida-Based Financial Firm Guilty of Fraud in $179 Million Sham Loan Scheme
Chicago, IL-(ENEWSPF)- The CEO of a Florida-based financial firm has pleaded guilty to fraud charges in connection with the sale of $179 million in a sham loan scheme to a Milwaukee investment company. NIKESH A. PATEL was the Chief Executive Officer of First Farmers Financial LLC when the company sold three[Read More…]
Consumer Financial Protection Bureau Considers Proposal to Overhaul Debt Collection Market
New Protections Would Limit Collector Contact and Help Ensure the Correct Debt is Collected Washington, D.C. –(ENEWSPF)–July 28, 2016. Today the Consumer Financial Protection Bureau (CFPB) outlined proposals under consideration that would overhaul the debt collection market by capping collector contact attempts and by helping to ensure that companies[Read More…]
IRS Warns of Latest Scam Variation Involving Bogus “Federal Student Tax”
Washington, D.C.-(ENEWSPF)- The Internal Revenue Service today issued a warning to taxpayers about bogus phone calls from IRS impersonators demanding payment for a non-existent tax, the “Federal Student Tax.” Even though the tax deadline has come and gone, scammers continue to use varied strategies to trick people, in this case[Read More…]
Ford Delivers Best Quarter Ever with First Quarter Pre-Tax Profit of $3.8B; Net Income of $2.5B
DEARBORN, Mich.–(BUSINESS WIRE-ENEWSPF)–Ford Motor Company (NYSE: F) today reported its 2016 first quarter financial results. Visitmedia.ford.com to view the news release and visit http://www.shareholder.ford.com to view the slide presentation and access the webcast to Ford’s earnings call, which begins at 9 a.m. EDT with Mark Fields, president and chief executive[Read More…]
Mayor John Ostenburg Quiets Chicago Heights Resident Disrupting Board Meeting (Audio Included)
Park Forest, IL-(ENEWSPF)- There were may items on the agenda at last night’s Rules meeting of the Village Board. The Village discussed the tax levy for 2015 which will drive the next budget. The proposed tax levy is 2.8% when combined with the Park Forest Library tax levy. Alone, the[Read More…]
