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Category Archives: General
Annual Inflation Rises to 6.8 Percent, the Highest Rate Since 1982
Consumer prices surged 6.8% in the year leading into November and 0.8% last month alone as a roaring economy overwhelmed struggling supply chains fueling inflation. The consumer price index (CPI), a closely watched gauge of inflation, rose sharply in November. … Continue reading
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Puerto Rico Mayor, Official Charged in U.S. Corruption Case
Ángel Pérez Otero, the mayor of Guaynabo, one of the wealthiest cities in Puerto Rico, was arrested on corruption charges. He faces three counts, including bribery and extortion, and is accused of regularly accepting payments of $5,000 in exchange for … Continue reading
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Malls Ditch Shopping to Fill Large Number of Vacant Retail Stores
Battered mall owners need to fill more than 90 million square feet, about the size of 16 Mall of Americas, heading into 2022. With dozens of retail chains already cutting back or shutting down, it won’t get any better if … Continue reading
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Tax benefits of making a business accessible to workers and customers with disabilities
Businesses that make structural adaptations or other accommodations for employees or customers with disabilities may be eligible for tax credits and deductions. Here’s an overview of the tax incentives designed to encourage employers to hire qualified people with disabilities and … Continue reading
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Self-Described Bitcoin Creator Must Pay $100 Million in Suit
The Australian computer scientist who claims he invented Bitcoin was told by a U.S. jury to pay $100 million in damages over claims that he cheated a deceased friend over intellectual property for the cryptocurrency, Bloomberg News reported. Jurors in … Continue reading
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No Showing of Ineffective Counsel Over Transgender Identification
In an action for confinement as a sexually violent predator, appellant had the right to effective trial counsel, but challenging the judgment requires appellant to advance a theory to the Court of Appeals. The theory might be “the meaningful-hearing standard … Continue reading
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U.S. Gave $3.7 Billion in Relief to Likely Ineligible Businesses, Auditor Finds
A rushed emergency aid program for small businesses affected by the pandemic improperly sent nearly $3.7 billion to recipients prohibited from receiving federal funds, according to a government audit. The Small Business Administration’s Economic Injury Disaster Loan program distributed more … Continue reading
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Credit-Card Applications Hit Pandemic High
Americans are applying for credit cards at a rate not seen since before the pandemic. Nearly 27% of U.S. consumers said in October that they had applied for a credit card in the past 12 months, which is a sharp … Continue reading
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No Benefits on Losing Second Job
Multiple sources establish 40 hours per week as full-time employment, which claimant had with her first job, so the loss of a second job was irrelevant to any provision for employment security benefits. (Overview Summary) Della Scheumbauer, Claimant/Appellant, vs. City … Continue reading
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IRS announces changes to retirement plans for 2022
Next year taxpayers can put an extra $1,000 into their 401(k) plans. The IRS recently announced that the 2022 contribution limit for 401(k) plans will increase to $20,500. The agency also announced cost‑of‑living adjustments that may affect pension plan and … Continue reading
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