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FINANCE

The United States is probing many fraud cases pegged to U.S. government assistance programs, such as the Paycheck Protection Program, unemployment insurance and Medicare.
In inflation-adjusted 2022 dollars, net farm income would be at its highest level since 1973 and net cash farm income at its highest level on record, according to the USDA.
The new funding will help Americans with heating costs and unpaid utility bills and repairs of home energy appliances that will help lower their energy costs, the White House said.
From the editorial: "There are plenty of degrees that aren’t worth the paper they’re written on, despite the debt burden they put on their recipients."

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From the column: "Younger borrowers have years of potential earnings ahead of them, but some of the 2.5 million federal student loan borrowers who are 62 and over may be stuck on a fixed income."
It is often argued that a large part of college's utility is the "experience," as in the friends you make and the experiences you have.
Igor Fruman, 56, admitted to soliciting money from a foreign national at a hearing before U.S. District Judge Paul Oetken in Manhattan.
The program was passed by the City Council this past fall and caused the city's two lenders — Greenbacks at 819 30th Ave. S. and Peoples Small Loan Co. at 1208 Center Ave. — to close up shop.
After a bout with cancer, Finance Director Wayne Parson stayed on the job to help the city navigate the COVID-19 pandemic.
A new budget outlook prompted the city to reconsider the need for some of the sacrifices workers offered to make.

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The historic building will be home to a branch of the 10th largest privately held bank in the U.S.
The president is seeking to play down the risk of a downturn while also pinning the blame for a potential downturn on the Federal Reserve.

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