The Fed might raise interest rates Wednesday. How could it hit Gainesville?The Federal Reserve is expected to raise interest rates on Wednesday for the first time since July 2023, reversing a series of cuts made in 2024 and 2025. The Fed, which is the U.S. central bank, conducts monetary policy by setting the interest rate banks charge each other to borrow money overnight. Any changes ripple outward, and it impacts Gainesville…The Independent Florida Alligator20d agoWhole story →CommerceBuildfederal reserve rate decision
Texas lawmakers consider action against sports prediction marketsA certain kind of online wagering is drawing scrutiny from Texas lawmakers. They are now considering whether the state should take action against prediction markets.FOX 4 News21d agoWhole story →CommerceTechnologytexas prediction markets hearing
JCPenney credit card identity theft scheme leads to prison sentences for North Texas womenThree North Texas women face federal prison and probation after pleading guilty to an identity theft scheme using JCPenney credit cards to purchase and resell merchandise on social media.FOX 4 News22d agoWhole story →CommerceCultureidentity theft sentencing
23-year-old Georgia mayor removed from office after city alleges improper contact with teen, misuse of fundsLawmakers in an Atlanta suburb removed the city’s young mayor, accusing him of misusing a municipal credit card and engaging in inappropriate, sexually explicit communications with a teenager, officials said Sunday.NBC News22d agoWhole story →CommerceTechnologygeorgia mayor removal
California Football Mom Charged With Stealing $400K From High School Team's NonprofitA California football mom accused of siphoning over $400,000 from a nonprofit created to support a high school football team has been arrested and charged ... and federal prosecutors say she used the money to pay her mortgage and credit card bills.TMZ26d agoWhole story →CommerceBuildfootball mom fraud arrest
Democratic congressman asks the CFPB to investigate 'rent now, pay later' companiesA Democratic member of Congress is calling for a federal investigation into the "rent now, pay later" industry. Rep. Maxwell Frost from Florida has sent a letter to the Consumer Financial Protection Bureau, asking the agency to investigate these companies for potential violations of consumer protection laws. He also wants to know if landlords are pushing…The Atlanta Journal-Constitution3mo agoSources (2)Whole story →CommerceBuildMaxwell Frostcfpb investigation request
