Economist on baby bonds argues that the Trump accounts misappropriated a valuable concept

Economist Darrick Hamilton emphasizes that publicly funded savings accounts for children could significantly lessen income inequality over time. However, he criticizes the $1,000 baby account recently approved by Congress, calling it poorly structured and more favorable to affluent families. With infertility rates declining in the U.S., Republicans back this initiative recently signed into law by […]

Instagram enhances protections for teen accounts through new parental alerts and AI features

Instagram is moving forward with new strategies aimed at encouraging more teenagers to create protected accounts. They’re collaborating with parents and using artificial intelligence (AI) to better ascertain users’ ages, as mentioned in a recent announcement. The teen account feature was introduced last year to enhance safety for younger users. It limits who can reach […]

Trump Scores $25 Million Settlement From Meta Over Suspended Accounts

Meta, on Wednesday, to suspend his account on the Social Media Platform following the Capitol Riot on January 6, 2021, to resolve a lawsuit against a major high -tech giant to resolve a major high -tech litigation. I agree to pay the dollar. The reconciliation is a clear attempt to match the company with the […]

‘Government Overreach’: Liz Warren’s Favorite Agency Just Granted Itself New Powers To Regulate Checking Accounts

In December, the lame-duck Biden administration’s Consumer Financial Protection Bureau (CFPB) announced rules to curb overdraft penalties, which experts say is an example of government overreach that hurts low-income Americans. told the Daily Caller News Foundation. CFPB — that’s the agency. considered The brainchild of Democratic Massachusetts Sen. Elizabeth Warren, the rules were finalized just […]

Police Arrest 300, Seize $3 Million, Block 720 Bank Accounts In Massive Crackdown

Interpol announced on Tuesday the successful completion of Operation Jackal III, a major international operation to combat online financial fraud orchestrated by West African criminal gangs. The operation, which took place from April 10 to July 3, involved law enforcement agencies from 21 countries across five continents and led to 300 arrests and the seizure […]

New Twitter rules expose election offices to spoof accounts

new york – Tracking accurate information about the Philadelphia election on Twitter used to be easy. Only the account @phillyvotes of the city committee that runs the election had his mark of authenticity, a blue check. But since social media platforms Reviewed verification service last month, check mark disappearedThis makes it difficult to distinguish between […]