Wednesday, April 13, 2022

NEWS BRIEF

 

BREAKING NEWS BRIEF

Lt. Gov. Brian Benjamin

Image Source: NBC

Officials said Lt. Gov. Brian Benjamin of New York resigned on Tuesday after being detained on charges related to a campaign finance fraud investigation. Benjamin's resignation was effective immediately, according to Governor Kathy Hochul.

 

The Justice Department said Benjamin surrendered to authorities and appeared before a federal judge in New York City.

 

Benjamin was apprehended after rumors surfaced that federal prosecutors in Manhattan and the FBI were looking into whether he knowingly participated in a campaign finance crime conspiracy. They were also investigating whether Benjamin helped allocate state funds to contributors and their initiatives in exchange for his assistance.

 

An indictment alleges that a Harlem real estate developer gave Benjamin campaign contributions; in exchange, Benjamin obtained a $50,000 state grant for the developer's business, although the money was never delivered.

 

Benjamin was charged with bribery, honest services wire fraud, and conspiracy to commit those offenses.

 

It could cost your financial future 

 

When it comes to investing, we all make mistakes, right? 
 

But according to a man who calls himself “the worst investor in America...” 
 

There’s one mistake you must avoid at all costs. 
 

It has already cost him untold amounts of money. 
 

That’s why, for the first time ever, he decided to go on camera and tell his story. 


Click here to see how this man went from being almost bankrupt to changing the way 35,228 Americans invest.

HEALTH & WELLNESS

A photo of feet walking

Image Source: Getty Images

If you’re looking to give your heart’s health a boost, there are nine steps you can take that will help. 

 

One of those is to go on a daily walk. Research shows that walking daily can help prevent heart disease even though it is a less intense exercise. It is also proven that people are more likely to stick to a walking routine than an intense gym routine. Since walking is an easy and powerful way to protect your heart, it’s time to get those walking shoes on. 

 

Another thing you can do is limit your alcohol intake. While a drink here and there isn’t necessarily bad, drinking too much can lead to high blood pressure and various diseases that are bad for your heart. Drinking alcohol frequently also raises your risk of stroke and artery disease. 

 

What else can you do to keep your heart in tip-top shape? 

Invest In Yourself & Invest In Your Future!

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BUSINESS & MARKETS

A JP Morgan Chase sign

Image Source: CNBC

JPMorgan Chase started earnings season on a sour note on Wednesday: Russia's invasion of Ukraine, rising inflation, and supply chain issues all contributed to a 42% drop in first-quarter earnings compared to a year earlier.

 

The largest bank in the United States by assets is sometimes seen as a barometer for the rest of Wall Street. In the first quarter of 2022, JPMorgan (JPM) earned $8.3 billion, or $2.63 per share, compared to $14.3 billion, or $4.50 per share the year before.

 

Earnings per share were projected to be $2.69, according to analysts.

 

When challenged by pundits, Jamie Dimon, the CEO of JPMorgan Chase, warned of the real possibility of a recession.

REAL ESTATE & HOUSING

A woman with a key

Image Source: Shutterstock 

We write regularly about how unaffordable homes are these days — for renters and buyers alike. 

 

However, a subject we don’t cover often is how the housing market is impacting single women who are attempting to purchase their very first residence. 

 

A recent report shows that unmarried women have a harder time finding a place to call their own among the nation’s largest cities. 

 

This is because of the pay gap, that study suggests. 

 

The data shows that men would have no problem making ends meet in 29 of the 51 busiest cities, while women could do so in 17 of these metro areas.

 

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