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CalFresh Status: What can you do in case your application is denied?

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CalFresh Status: What can you do in case your application is denied?

The CalFresh program is one of the most well-known and heavily used examples of state welfare in the United States of America, with many families dependent on it in order to put balanced food on the table each day.

Known more commonly as food stamps, CalFresh makes sure that those in California who struggle to afford full and balanced grocery shops can have some help in making sure they get the right items to be healthy and to not go hungry.

That means that the money cannot be used on items like fast food, cigarettes and alcohol. Among the items that can be purchased with food stamps are fruit and vegetables but also other items.

I was denied for CalFresh: What do I do now?

According to the CalFresh website, there is a course of action for you to take if the state has decided to deny your application, discontinue your case or reduce your CalFresh benefits, and if you disagree with the decision.

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You can submit an appeal online on the CalFresh website, but before doing that they recommend that you contact the county office in question to see if the issue can be worked out directly, given that would be a much faster and easier way to fix the issue than waiting for an online appeal to be processed.

How long can you appeal a CalFresh denial?

If CalFresh have sent a notice of denial to a household saying that they will no longer be receiving the benefits, the applicant has until the 60th day to provide the county with any information they need.

If a notice of denial is sent but the applicant then provides the appropriate evidence within those 60 days, the application should be re-opened without a new one being needed. That would be much quicker than having to start over again.

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Finance

What to Expect in 2025 – Structured Finance | Insights | Mayer Brown

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What to Expect in 2025 – Structured Finance | Insights | Mayer Brown

This highly anticipated in person only event will feature expert insights and actionable strategies to help you navigate the shifting landscape and capitalize on emerging trends in the year ahead.

The Agenda will include:

  • US Government Policy Updates and Geopolitical Risks
  • Consumer, Insurance Bank and other Regulatory Updates
  • CLOs and CFOs
  • Capital Relief Trade
  • Capital Call Lines and Joint Ventures
  • Trade Receivables
  • Cryptocurrencies, Emerging Asset Classes, Vertical Integration and Tax
  • SEC updates and much more

CLE credit is pending.

View Agenda

For additional information or to register, please contact Jeanette Ponce at jponce@mayerbrown.com or +1 212 506 2484.

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Finance

Stocks rise, S&P 500 set to break losing streak: Yahoo Finance

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Stocks rise, S&P 500 set to break losing streak: Yahoo Finance

The S&P 500 is set to end its 5-day streak of losses. The major indexes (^DJI,^GSPC, ^IXIC) are all trading higher thanks to big-name tech stocks like Nvidia (NVDA) and Tesla (TSLA). One stock that is trading lower is US Steel (X), which fell sharply after President Biden announced he will block Nippon Steel’s (NPSCY) purchase of the company. Other trending tickers on Yahoo Finance today include Rivian Automotive (RIVN), Adobe (ADBE), and Oklo (OKLO).

Key guests include:
3:05 p.m. ET – Ahmed Riesgo, Insigneo Chief Investment Officer
3:15 p.m. ET – Brian Gardner, Stifel Chief Washington Policy Strategist
4:00 p.m. ET – David Miller, Catalyst Funds Co-Founder, Chief Investment Officer and Senior Portfolio Manager
4:35 p.m. ET – Rachel Tipograph, MikMak, founder and CEO

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Finance

Tesla to Announce Q4 2024 Financial Results on January 29, 2025

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Tesla to Announce Q4 2024 Financial Results on January 29, 2025

Tesla (NASDAQ:TSLA) is planning to report its Q4 2024 results displaying their net income and cash flow of the business’s profitability and financial position on January 29, 2025 after market close.

Tesla experienced different stock price fluctuations, as market responses, between 9% and 22% within one day after releasing the results.

Tesla to Announce Q4 2024 Financial Results on January 29, 2025

Tesla’s management will also give their 2025 guidance such as production, models, technology including Full Self-Driving (FSD).

The one-year price targets for Tesla given by 45 analysts are USD 278.47 at the average while ranging from as high as USD 515.00 and the lowest at USD 24.86. The average target is -26.58% from the current price at $379.28.

GuruFocus calculates the GF Value for Tesla one year ahead to be at $298.99 which indicates the stock to be overvalued -21.17% from the current price $379.28.

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You can make more informed investment decision by visiting GuruFocus now and deep dive into Tesla’s performance with charts, breakdowns, 30-year financial data, and more!

This article first appeared on GuruFocus.

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