Where is the Money Going?

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Income of Same-Sex Married Couples Exceeds that of Straight Couples

Gay affluence may be largely a Hollywood myth, with tired cliches of gays and lesbians living handsomely in chic American cities. But men in same-sex marriages tend to make a good deal more money than households with heterosexual spouses, according to data released by the U.S. Treasury Dept. The findings are as much a portrait of the community as they are a look at societal gender norms and biases, experts said, with wrinkles that are both well-understood and still being explored.   read more

Albuquerque Police Department Rakes in Huge Profits From Forfeiture Practice

Albuquerque hauls in more than $1 million a year by seizing cars, sometimes from innocent people, in defiance of state law and public outrage, claims a mother who wants the city’s program declared unconstitutional. The city even writes into its budget ahead of time the money it expects to make from selling seized cars.   read more

As Number of U.S. Homes for Sale Shrinks, Many Homeowners Receive Big Offers to Sell

It is a growing national problem. The number of homes on the market in the U.S. has fallen for the last 14 months. The inventory of homes for sale is the lowest it has been since modern records started being kept in 1982. Mark Zuckerberg, the billionaire Facebook CEO, found a place he liked near San Francisco’s Mission District in 2012 and paid the owner at least twice what it was worth. People of much more modest means are now echoing his tactics, even if they cannot extend his lavish terms.   read more

Online Retail Trend Forces U.S. Real Estate Developers to Pursue Mall Tenants with No Internet Competition

Online sales make up only 7% of all U.S. retail transactions. But players such as Amazon are only getting bigger while traditional department stores and big-box chains are getting smaller. So real estate developers are looking for new tenants not directly competitive with Amazon. They're filling shopping plazas with urgent care centers and dentist offices, hair salons, gyms and restaurants. "What's in high demand is Internet proof," said Wheeler. "It's all experiences you can't get online."   read more

Federal Judge Denies Citizens United Request to Keep Its Donors’ Names Secret

"States have strong interests in ensuring that charities do not serve as fronts for fraud or crime," the judge said. Requiring charities to disclose their source of funds directly promotes New York's interest in fighting fraud and does not substantially burden a charity's 1st Amendment rights, the opinion states. Stein said Citizens United presented "no factual background or support for their conclusory assertions" that their donors would face harassment if their contributions were disclosed.   read more

Government Crackdown on Shady For-Profit Colleges Leaves Debt-Ridden Students in the Dust

The curb on new student enrollment at ITT, which has been under heightened financial scrutiny from the department since 2014, is just the latest move in a long-running campaign to halt deceptive advertising, illegal recruitment practices and other abuses by career training and other for-profit educational institutions. “People are defaulting at a rate of two per minute, 24 hours a day, seven days a week,” Nassirian said. “The vast majority [of students] are victims, not deadbeats.”   read more

For-Profit Elder Care Could Result in Lower Standards

Until recently, only nonprofits were allowed to run programs like these. But a year ago, the government flipped the switch, opening the program to for-profit companies as well, ending one of the last remaining holdouts to commercialism in health care. The hope is that the profit motive will expand the services faster. Hanging over all the promise, though, is the question of whether for-profit companies are well-suited to this line of work, long the province of nonprofit do-gooders.   read more

Johnson Controls/Tyco Overseas Tax-Shelter Merger Triggers Lawsuit by Angry Shareholders

The proposed merger drew comment from presidential candidate Hillary Clinton, who said, "I have a detailed and targeted plan to immediately put a stop to inversions and invest in the U.S., block deals like Johnson Controls and Tyco, and place an 'exit tax' on corporations that leave the country to lower their tax bill." The shareholder class action claims that Johnson's anticipated tax savings are the sole purpose of the merger and come at the expense of minority taxpaying shareholders.   read more

Federal Judge Stops Ohio from Withholding Educational Program Funding for Planned Parenthood

Planned Parenthood won an injunction Friday that prevents Ohio from withholding public funds used by the health care provider for educational programs. Judge Michael Barrett ruled that the Ohio code — which prevents the state Dept of Health from distributing funds to any entity that performs nontherapeutic abortions — will cause Planned Parenthood "irreparable injury." Programs include STD Prevention, the Breast and Cervical Cancer Prevention Program, and the Sexual Violence Prevention Program.   read more

Crossing State Borders in U.S. Can Mean More than a 30% Increase—or Savings—in Consumer Spending

A gallon of regular gas costs $2.74 in Hawaii but just $1.82 in South Carolina. A $5 hamburger in California may be a dollar cheaper in Nebraska. The “real value” of a dollar is highest in Mississippi, Arkansas ($114.30), Alabama ($113.90), South Dakota ($113.60) and Kentucky ($112.70). It buys the least in the District of Columbia ($84.70), Hawaii, New York ($86.40), New Jersey ($87.30), California ($89) and Maryland ($90.70).   read more

NYPD Refuses to Disclose How Many Millions in Cash and Property it seizes from Defendants, Claims Lawsuit

A public defender office claims that the NYPD won't disclose how many millions of dollars it seizes in cash each year through civil forfeiture. A journalist reported in 2014 that the NYPD seizes and retains millions annually by civil forfeiture. Bronx Defenders filed a request with the NYPD, asking how much money and property was seized after arrests. NYPD responded 19 months later with "only two hard-copy documents and an electronic copy of the NYPD Patrol Guide."   read more

Paid Family Leave on Quiet Upswing in Some States and Industries

The call for paid family leave on the Democratic party platform is the most ambitious attempt by a major party in years to reverse the U.S.'s status as the only industrialized nation without any standard for paid time off for new parents. But recently a handful of states and industries have been increasing this benefit. "It's taken on an inevitability," said Ellen Bravo. Some states and several competitive industries have slowly been bolstering paid parental leave laws and policies.   read more

Billionaire Koch Brothers Exclude Trump from Its Bankrolling of Conservative Causes

Billionaire industrialist and conservative benefactor Charles Koch's expansive political network will not help Donald Trump win the presidency. That's the message from one of the Koch network's chief lieutenants. Koch has put the network's budget at roughly $750 million through the end of 2016. A significant portion was supposed to be directed at electing a Republican to the White House. It will instead go to helping Republican Senate candidates in at least five states.   read more

DNC Tried to Leverage White House Ties to Reward Donors with Federal Board Appointments

“Being a donor does not get you a role in this administration,” said White House spokesman Eric Schultz, “nor does it preclude you from getting one." The practice of rewarding big donors with federal positions dates back to the times of the founding fathers. FEC's Bob Biersack said that “Big donors have always risen to the top of lists for appointment to plum ambassadorships and other boards and commissions around the federal landscape." Most of the people on the list gave huge sums to the DNC.   read more

Obama Vetoes Bill Limiting Ex-Presidents’ Allowance

Obama said he supports the bill's goal, but he sent the measure back to Congress because it would immediately end salaries and benefits to staffers carrying out the official duties of former presidents. He says the measure doesn't provide enough time for these employees to be moved to another payroll. Obama says the bill would also interfere with the Secret Service's ability to protect ex-presidents.   read more

Customs to Pay Nearly Half-Million Dollars in Body Cavity Search Settlement

U.S. Customs and Border Protection (CBP) has agreed to pay a woman $475,000 to settle claims that she was subjected to a “humiliating and demeaning” illegal body cavity search at an El Paso border crossing. The unidentified woman sued several border patrol officers, the University Medical Center of El Paso and the El Paso County Hospital District in Federal Court in December 2013.   read more
1 to 16 of about 1774 News
1 2 3 ... 111 Next

Where is the Money Going?

1 to 16 of about 1774 News
1 2 3 ... 111 Next

Income of Same-Sex Married Couples Exceeds that of Straight Couples

Gay affluence may be largely a Hollywood myth, with tired cliches of gays and lesbians living handsomely in chic American cities. But men in same-sex marriages tend to make a good deal more money than households with heterosexual spouses, according to data released by the U.S. Treasury Dept. The findings are as much a portrait of the community as they are a look at societal gender norms and biases, experts said, with wrinkles that are both well-understood and still being explored.   read more

Albuquerque Police Department Rakes in Huge Profits From Forfeiture Practice

Albuquerque hauls in more than $1 million a year by seizing cars, sometimes from innocent people, in defiance of state law and public outrage, claims a mother who wants the city’s program declared unconstitutional. The city even writes into its budget ahead of time the money it expects to make from selling seized cars.   read more

As Number of U.S. Homes for Sale Shrinks, Many Homeowners Receive Big Offers to Sell

It is a growing national problem. The number of homes on the market in the U.S. has fallen for the last 14 months. The inventory of homes for sale is the lowest it has been since modern records started being kept in 1982. Mark Zuckerberg, the billionaire Facebook CEO, found a place he liked near San Francisco’s Mission District in 2012 and paid the owner at least twice what it was worth. People of much more modest means are now echoing his tactics, even if they cannot extend his lavish terms.   read more

Online Retail Trend Forces U.S. Real Estate Developers to Pursue Mall Tenants with No Internet Competition

Online sales make up only 7% of all U.S. retail transactions. But players such as Amazon are only getting bigger while traditional department stores and big-box chains are getting smaller. So real estate developers are looking for new tenants not directly competitive with Amazon. They're filling shopping plazas with urgent care centers and dentist offices, hair salons, gyms and restaurants. "What's in high demand is Internet proof," said Wheeler. "It's all experiences you can't get online."   read more

Federal Judge Denies Citizens United Request to Keep Its Donors’ Names Secret

"States have strong interests in ensuring that charities do not serve as fronts for fraud or crime," the judge said. Requiring charities to disclose their source of funds directly promotes New York's interest in fighting fraud and does not substantially burden a charity's 1st Amendment rights, the opinion states. Stein said Citizens United presented "no factual background or support for their conclusory assertions" that their donors would face harassment if their contributions were disclosed.   read more

Government Crackdown on Shady For-Profit Colleges Leaves Debt-Ridden Students in the Dust

The curb on new student enrollment at ITT, which has been under heightened financial scrutiny from the department since 2014, is just the latest move in a long-running campaign to halt deceptive advertising, illegal recruitment practices and other abuses by career training and other for-profit educational institutions. “People are defaulting at a rate of two per minute, 24 hours a day, seven days a week,” Nassirian said. “The vast majority [of students] are victims, not deadbeats.”   read more

For-Profit Elder Care Could Result in Lower Standards

Until recently, only nonprofits were allowed to run programs like these. But a year ago, the government flipped the switch, opening the program to for-profit companies as well, ending one of the last remaining holdouts to commercialism in health care. The hope is that the profit motive will expand the services faster. Hanging over all the promise, though, is the question of whether for-profit companies are well-suited to this line of work, long the province of nonprofit do-gooders.   read more

Johnson Controls/Tyco Overseas Tax-Shelter Merger Triggers Lawsuit by Angry Shareholders

The proposed merger drew comment from presidential candidate Hillary Clinton, who said, "I have a detailed and targeted plan to immediately put a stop to inversions and invest in the U.S., block deals like Johnson Controls and Tyco, and place an 'exit tax' on corporations that leave the country to lower their tax bill." The shareholder class action claims that Johnson's anticipated tax savings are the sole purpose of the merger and come at the expense of minority taxpaying shareholders.   read more

Federal Judge Stops Ohio from Withholding Educational Program Funding for Planned Parenthood

Planned Parenthood won an injunction Friday that prevents Ohio from withholding public funds used by the health care provider for educational programs. Judge Michael Barrett ruled that the Ohio code — which prevents the state Dept of Health from distributing funds to any entity that performs nontherapeutic abortions — will cause Planned Parenthood "irreparable injury." Programs include STD Prevention, the Breast and Cervical Cancer Prevention Program, and the Sexual Violence Prevention Program.   read more

Crossing State Borders in U.S. Can Mean More than a 30% Increase—or Savings—in Consumer Spending

A gallon of regular gas costs $2.74 in Hawaii but just $1.82 in South Carolina. A $5 hamburger in California may be a dollar cheaper in Nebraska. The “real value” of a dollar is highest in Mississippi, Arkansas ($114.30), Alabama ($113.90), South Dakota ($113.60) and Kentucky ($112.70). It buys the least in the District of Columbia ($84.70), Hawaii, New York ($86.40), New Jersey ($87.30), California ($89) and Maryland ($90.70).   read more

NYPD Refuses to Disclose How Many Millions in Cash and Property it seizes from Defendants, Claims Lawsuit

A public defender office claims that the NYPD won't disclose how many millions of dollars it seizes in cash each year through civil forfeiture. A journalist reported in 2014 that the NYPD seizes and retains millions annually by civil forfeiture. Bronx Defenders filed a request with the NYPD, asking how much money and property was seized after arrests. NYPD responded 19 months later with "only two hard-copy documents and an electronic copy of the NYPD Patrol Guide."   read more

Paid Family Leave on Quiet Upswing in Some States and Industries

The call for paid family leave on the Democratic party platform is the most ambitious attempt by a major party in years to reverse the U.S.'s status as the only industrialized nation without any standard for paid time off for new parents. But recently a handful of states and industries have been increasing this benefit. "It's taken on an inevitability," said Ellen Bravo. Some states and several competitive industries have slowly been bolstering paid parental leave laws and policies.   read more

Billionaire Koch Brothers Exclude Trump from Its Bankrolling of Conservative Causes

Billionaire industrialist and conservative benefactor Charles Koch's expansive political network will not help Donald Trump win the presidency. That's the message from one of the Koch network's chief lieutenants. Koch has put the network's budget at roughly $750 million through the end of 2016. A significant portion was supposed to be directed at electing a Republican to the White House. It will instead go to helping Republican Senate candidates in at least five states.   read more

DNC Tried to Leverage White House Ties to Reward Donors with Federal Board Appointments

“Being a donor does not get you a role in this administration,” said White House spokesman Eric Schultz, “nor does it preclude you from getting one." The practice of rewarding big donors with federal positions dates back to the times of the founding fathers. FEC's Bob Biersack said that “Big donors have always risen to the top of lists for appointment to plum ambassadorships and other boards and commissions around the federal landscape." Most of the people on the list gave huge sums to the DNC.   read more

Obama Vetoes Bill Limiting Ex-Presidents’ Allowance

Obama said he supports the bill's goal, but he sent the measure back to Congress because it would immediately end salaries and benefits to staffers carrying out the official duties of former presidents. He says the measure doesn't provide enough time for these employees to be moved to another payroll. Obama says the bill would also interfere with the Secret Service's ability to protect ex-presidents.   read more

Customs to Pay Nearly Half-Million Dollars in Body Cavity Search Settlement

U.S. Customs and Border Protection (CBP) has agreed to pay a woman $475,000 to settle claims that she was subjected to a “humiliating and demeaning” illegal body cavity search at an El Paso border crossing. The unidentified woman sued several border patrol officers, the University Medical Center of El Paso and the El Paso County Hospital District in Federal Court in December 2013.   read more
1 to 16 of about 1774 News
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