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Oct 07 2024POLITICS

Kenya’s President Ruto Drops Tax Hike Bill After Deadly Protests

In a surprising turn of events, Kenya’s President William Ruto announced he would not sign a controversial finance bill that had sparked deadly protests across the country. The bill, passed by parliament on Tuesday, aimed to raise nearly $2.3 billion through tax hikes to tackle Kenya’s mounting debt

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Oct 07 2024POLITICS

Kenya's President Yields to Protesters: Historic Finance Bill Withdrawn

Well, Kenya just had a turning point. President William Ruto decided to pull the plug on a controversial finance bill after things got really serious. Protests erupted across the country, and sadly, at least 23 people lost their lives. People were angry about the bill and its planned tax increases.

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Oct 07 2024POLITICS

What Happens to Biden's Campaign Funds if He Bows Out?

President Joe Biden's campaign cash is a hot topic. If he decides not to run again, Vice President Kamala Harris could take over the $91.2 million war chest. This was discussed during a tense call between Biden's campaign aides and donors. Biden's campaign manager, Julie Chavez Rodriguez, said

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Oct 07 2024BUSINESS

Unicorn Faire Promotes Internal Candidate to New CFO Role

Faire, a San Francisco-based wholesale marketplace, has recently shuffled its leadership. The startup, known for connecting independent retailers with global brands, has promoted Jason Lee to the role of CFO. Lee, who joined Faire around a year and a half ago as the VP of finance, has an impressive

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Oct 06 2024POLITICS

Crypto's New Champion: Trump Joins Bitcoin Conference

Former President Donald Trump surprised many by appearing at the Bitcoin 2024 Conference in Nashville. He talked about how important it is for America to be a leader in crypto, not just because other countries are doing it, but also because it's a matter of freedom and independence from government c

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Oct 05 2024FINANCE

Forest and Kathleen's Debt Journey: When Spending Values Go Awry

In the world of money, Forest and Kathleen found themselves in a tricky spot. They had racked up some big expenses – fancy bikes, a trip to Montana, and even yoga classes. But the real problem wasn't just these pricey items. It was their attitude towards spending. "It will all work out eventually,"

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Oct 04 2024POLITICS

The Hidden Costs of Local Election Funding

Local election funding, designed to prevent corruption, has instead become a goldmine for politicians and their teams. The system matches public funds with citizen donations at an 8-to-1 ratio, making it extremely lucrative. For example, a $250 donation can get up to $4,250 in matching funds! This s

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Oct 04 2024BUSINESS

Microsoft's AI Spending Surge: What Investors Need to Know

As investors gear up for Microsoft’s upcoming earnings report, they’re zooming in on one big number: finance leases. This means Microsoft pays for assets like data centers over many years instead of all at once. For a company racing to boost its AI capabilities, these agreements are crucial. In July

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Oct 04 2024LIFESTYLE

"The Invite Mix-up: What Happened? "

Last week, an invitation for a fundraising event caused quite a stir. The event, "South Boston for Mayor Michelle Wu," was set to take place at Amrheins restaurant on West Broadway from 5:30 p.m. to 7:00 p.m. on Wednesday. It listed Gregory Lally as part of the host committee. But here's where thing

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Oct 04 2024POLITICS

Trump's September Donations: Small Amounts, Big Support

Last month, former President Trump’s campaign team gathered a whopping $160 million in donations. That’s a lot of money! The interesting part? Nearly all of it came from small contributions. We're talking about 96% of the total donations being under $200 each. That shows there are many people who be

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