Upvesting fund

While conceding the state was unprepared, Su also faulted the Trump administration for failing to provide the state with the guidance and support needed to foil sophisticated fraud rings. She said an array of safeguards put in place last year had blocked billions of dollars in potential fraud schemes. … [Read more...] about EDD Fraud: California Labor Secretary Says Criminal Rings Looted At Least $11B In Jobless Funds

LOS ANGELES - Sophisticated hackers, identity thieves and overseas criminal rings stole more than $11 billion in unemployment benefits from California last year, but the extent of the fraud might grow far larger: billions more in payments are under investigation.  … [Read more...] about California: Criminal Rings Loot Billions in Jobless Funds

"This virus doesn't discriminate -- it doesn't care about race, class, or wealth. Our response to this crisis shouldn't either. California is leading at a time when Congress should be doing more for immigrants in #COVID19 relief efforts," the National Immigration Law Center said on Facebook. … [Read more...] about Why California is giving its own stimulus checks to undocumented immigrants

Rolling out the vaccines and therapies across the world, Gopinath said, is key to keeping the global economy growing. She also warned against early austerity measures, saying that fiscal policy should be used to boost the recovery and monetary policy should stay loose as long as inflation remains at bay. … [Read more...] about IMF raises 2021 global growth projection to 5.5 percent

The move comes after a number of institutions said they would pause their investments with Apollo after the New York Times reported that Black had paid Epstein at least $50 million — prompting Black to call for a review of his relationship with the convicted sex offender, the WSJ reported. … [Read more...] about Apollo CEO Leon Black Steps Down Over $150 Million Payment To Epstein