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Judge shields Hunter Biden’s finances from public in child-support case

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Judge shields Hunter Biden’s finances from public in child-support case

A choose ordered Hunter Biden’s monetary information to be shielded from the general public in an ongoing paternity case in Arkansas.

Circuit Choose Holly Meyer dominated Monday that all the data the primary son submits to the court docket associated to his request to decrease child-support funds, together with monetary information, will stay underneath seal.

Solely attorneys on the case or professional witnesses retained to testify can be allowed entry to the monetary information, Meyer dominated.

In her order, Meyer addressed the political curiosity in Biden’s funds, which might embrace the names of those that purchased his work and what they paid for them.

One was priced at practically a quarter-million {dollars} at a gallery present late final 12 months.

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Each Biden and his Manhattan artwork vendor, Georges Berges, have refused to supply any details about the consumers.

“There’s good trigger for the safety of personal data of the events on this trigger,” Meyers wrote, including that “the court docket has no concern for the political nature or elements surrounding this case.”

Each Biden and his Manhattan artwork vendor, Georges Berges, have refused to supply any details about the consumers of his artwork.
JosiahW / BACKGRID

Lunden Roberts, 31, filed four motions in connection with the paternity case against Hunter.
Lunden Roberts, 31, filed 4 motions in reference to the paternity case towards Hunter.
lundentownn_/Instagram

“This can be a case about little one assist and the court docket has handled and can proceed to deal with these events as some other members of this judicial district,” added Meyer, who started her time period as a circuit choose in January 2019.

The paternity case was reopened final September after Biden sought to decrease his little one assist funds to Lunden Roberts, the mom of his 4-year-old daughter, Navy Joan Roberts.

Biden’s revenue has been on the middle of the case after he cited a “substantial materials change in (his) monetary circumstances, together with however not restricted to his revenue” as the rationale to decrease his funds to Roberts.


Navy Joan Roberts
The paternity case was reopened after Biden requested the court docket to decrease his little one assist funds to the mom of his daughter, Navy Joan Roberts.
Instagram @lundentownn_

The quantity he had been paying isn’t included within the filings.

In January, Roberts filed a movement to alter her daughter’s final title to Biden, claiming it might enhance her daughter’s life as a result of it’s “now synonymous with being properly educated, profitable, financially acute and politically highly effective.”

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Nonetheless, Biden — who has been probed for his international enterprise offers, battled alcohol and crack cocaine addictions, and was seen in leaked pictures waving a gun round within the nude with a prostitute — mentioned it might not be a very good time for his daughter to take his presidential surname.


Lunden Roberts
Lunden Roberts requested the court docket in February to permit her daughter to take her father’s presidential surname.
lundentownn_/Instagram

As an alternative, he argued that his daughter ought to determine for herself as soon as “the disparagement of the Biden title isn’t at its top.”

Neither Roberts, her lawyer, nor the lawyer representing Biden responded to requests for remark.

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I’m not financially literate. Here’s how I could be. – The Boston Globe

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I’m not financially literate. Here’s how I could be. – The Boston Globe

If you asked me what the process for setting up a Roth IRA looked like, I doubt I could offer you a thorough response. The same goes for mortgages and loans and interest. When I had to fill out my first W-9 form, I was admittedly more than a bit confused.

In short, financial literacy isn’t my forte. And that’s because, like many Massachusetts public school students, I’ve never had to take any sort of personal finance class.

Indeed, throughout the debates over eliminating MCAS as a graduation requirement for high schoolers, we heard quite a bit about the state’s educational gold standard. So is it not the least bit shameful, or at least embarrassing, that our state does not require high school students to take a financial literacy class when a majority of states do?

Absolutely. And it needs to change.

Twenty-six states, including Rhode Island, New Hampshire, and Connecticut, have passed legislation making a personal finance course mandatory for high school students. Meanwhile, Massachusetts received an “F” from the Champlain College Center for Financial Literacy, which released a report card in 2023 evaluating how each “state delivers personal finance education in its public high schools.” In addition, a 2023 report card(link?) from the American Public Education Foundation gave the state a “C” for its financial literacy requirements — a score worse than or equal to all but six states.

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Meanwhile, across the state, credit card and student loan debt have spiked to eye-popping levels. As of the second quarter of this year, the average Massachusetts resident had a credit card balance of $8,556 and $33,710.38 in student loan debt. The latter is particularly troubling for young people like myself. For the next four years, countless high school seniors throughout the Commonwealth will be attending college, paying tens of thousands of dollars on top of day-to-day expenses.

The need for personal finance courses in Massachusetts is tremendous — a need that, as per a 2021 report from the state’s Office of Economic Empowerment, is recognized almost universally among teachers and, importantly, students.

Yet, as a result of being taught next to nothing about personal finances, many of us are left ill-prepared for these new circumstances. Our understanding of credit cards is limited to, as State Treasurer Deb Goldberg so eloquently articulated to GBH, “The parent puts a plastic card into the wallet and boom: out comes money.” And so the cycle of taking out loans, accumulating massive debt, and working for years before being able to pay it off persists.

Why perpetuate the cycle when it is so clear that these classes work? According to a 2021 Ramsey Solutions survey, among the teenagers who have completed a personal finance class, nearly 80 percent said that they’ve created a monthly budget for themselves, 94 percent felt confident about saving money, and 87 percent understood how to pay income taxes. And, as noted in the OEE’s report, personal finance courses are tools that “increase social mobility for low-income or immigrant students.” Requiring such classes really couldn’t make much more sense.

At my own high school, Brookline High School, financial literacy is offered in the form of a popular elective, “The World of Money: Practical Studies in Finance and Investment,” which “integrates the basic principles of economics, money management, investing, and technology,” according to the course catalog. Every spring, as course selection rolls around, hundreds of students eye this semester-long course, but with only so many spots, most cannot take it — and, consequently, miss out on an opportunity to learn about financial literacy.

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Recognizing the imminent need to educate ourselves on matters of taxes, loans, investments, and more, several members of Brookline High School’s Student Council, including myself, have proposed amendments to our student handbook that would incorporate a financial literacy component in our graduation requirements and incorporate personal finance lessons into our weekly advisory classes. Our work would ensure that such important life skills are accessible to all students, not merely for those lucky enough to find a place in the class.

But while such efforts are certainly a step in the right direction on this issue, they are not enough. Financial literacy should not be a privilege for schools with a proactive student body; it is a fundamental aspect of our lives, and our state’s education system must begin reflecting that. The state must require personal finance courses for graduation — it’s the smartest investment we can make.

Ravin Bhatia is a senior at Brookline High School.

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NexPoint Real Estate Finance, Inc. Announces Series A Preferred Stock Dividend

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NexPoint Real Estate Finance, Inc. Announces Series A Preferred Stock Dividend

DALLAS, Dec. 24, 2024 /PRNewswire/ — NexPoint Real Estate Finance, Inc. (NYSE: NREF) (the “Company”) today announced a dividend for its 8.50% Series A Cumulative Redeemable Preferred Stock (NYSE: NREF PRA) of $0.53125 per share. The dividend will be payable on January 27, 2025, to stockholders of record at the close of business on January 15, 2025.

NexPoint Real Estate Finance (PRNewsfoto/NexPoint Real Estate Finance, Inc.)

About NexPoint Real Estate Finance, Inc.

NexPoint Real Estate Finance, Inc., is a publicly traded REIT, with its common stock and Series A Preferred Stock listed on the New York Stock Exchange under the symbol “NREF” and “NREF PRA,” respectively, primarily focused on originating, structuring and investing in first-lien mortgage loans, mezzanine loans, preferred equity, convertible notes, multifamily properties and common equity investments, as well as multifamily and single-family rental commercial mortgage-backed securities securitizations, promissory notes and mortgage-backed securities. More information about the Company is available at nref.nexpoint.com.

CONTACTS
Investor Relations
Kristen Griffith
IR@nexpoint.com

Media Relations
Prosek Partners for NexPoint
pro-nexpoint@prosek.com

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View original content to download multimedia:https://www.prnewswire.com/news-releases/nexpoint-real-estate-finance-inc-announces-series-a-preferred-stock-dividend-302339003.html

SOURCE NexPoint Real Estate Finance, Inc.

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Stock market today: Nasdaq, S&P 500 edge higher ahead of Christmas break

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Stock market today: Nasdaq, S&P 500 edge higher ahead of Christmas break

US stocks opened higher to kick off the final, shortened trading session before the Christmas holiday. The benchmark S&P 500 (^GSPC) edged up about 0.2%, while the tech-heavy Nasdaq Composite (^IXIC) rose roughly 0.3%. The Dow Jones Industrial Average (^DJI) hugged the flatline.

Wall Street is looking to enter its Christmas break rejuvenated, after tech stocks including AI chip giant Nvidia (NVDA) led the march higher on Monday. Markets close at 1 p.m. ET today and are off tomorrow for Christmas Day.

Sizable gains on Friday and Monday have put the indexes back on the path toward their record highs, from which they took a Fed-fueled nosedive last week.

Wall Street is reassessing the path of interest rates next year as it grapples with the reality that the Fed mostly pulled off a so-called soft landing — but couldn’t fully shake the US economy’s inflation problem. According to the CME FedWatch tool, most bets are on two coming holds at the Fed’s January and March meetings, followed by a toss-up in May.

Meanwhile, many eyes continue to be trained on Nvidia, which saw a more than 3.5% gain on Monday. As Yahoo Finance’s Dan Howley writes, 2024 was Nvidia’s year, with the stock up some 180%. But 2025 could contain plenty of challenges.

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LIVE 2 updates

  • Stocks open higher to kick off shortened trading day

    In the final sprint to the Christmas holiday, markets added to gains.

    The tech-heavy Nasdaq Composite (^IXIC) led the way higher, rising roughly 0.3%. The benchmark S&P 500 (^GSPC) edged up about 0.2%, while the Dow Jones Industrial Average (^DJI) hugged the flatline.

    Markets close at 1 p.m. ET today and are off tomorrow for Christmas Day

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  • Jenny McCall

    Good morning. Here’s what’s happening today.

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