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Eight of the nine justices’ financial disclosure forums were released on Friday. (Fred Schilling, Collection of the Supreme Court of the United States) Justice Clarence Thomas revealed on Friday that conservative billionaire Harlan Crow paid for two trips in 2019, involving a hotel stay in Bali, Indonesia, and at a private club in Sonoma County, Calif. The news came as part of the justices’ annual financial disclosures, which are filed in mid-May and released in early June each year. The forms published online on Friday by the Administrative Office of the U.S. Courts chronicled the justices’ book royalties – including an advance of nearly $900,000 for the court’s newest justice, Ketanji Brown Jackson – as well as their teaching gigs, gifts, and investments. The disclosures are relatively opaque and are intended to provide information about potential conflicts of interest and the justices’ compliance with ethical standards rather than snapshots of the justices’ wealth. Financial disclo...

In its first-ever guide to the top Texas firms for Public Finance, Chambers and Partners ranked Jackson Walker in the 2024 USA Guide released today. In addition, Public Finance partners Rick A. Witte, Todd B. Brewer, Tanya A. Fischer, and Hoang T. Vu were ranked among the top Texas attorneys in this area. Each year, Chambers and Partners releases its flagship guides that identify leading practitioners and law firms in the United States and around the world through the culmination of thousands of interviews with attorneys and clients conducted by over 200 research analysts. In the 2024 guide, Chambers noted that Jackson Walker “ has a strong Texas-based public finance practice. The firm has significant expertise in the education sector, routinely representing school districts in financings. It has complementary strength acting as underwriters’ counsel for financial institutions. ” The firm is proud of the Public Finance team’s recognition along with first-time rankings in the areas of ...

Breadcrumb Trail Links PMN Business Indian Prime Minister Narendra Modi’s new cabinet will see the return of several old faces from his earlier administration, although there’s no clarity on the positions they’ll hold, including the key finance post. Amit Shah, Bhartiya Janata Party (BJP) senior leader, takes oath during a swearing-in ceremony at the Rashtrapati Bhawan in New Delhi, India, on Sunday, June 9, 2024. Modi was sworn in as India’s prime minister for a third straight term on Sunday, extending his leadership for another five years after a bruising electoral setback that forced him to share power for the first time. Photographer: Prakash Singh/Bloomberg Photo by Prakash Singh / Photographer: Prakash Singh/Bloo Article content (Bloomberg) — Indian Prime Minister Narendra Modi’s new cabinet will see the return of several old faces from his earlier administration, although there’s no clarity on the positions they’ll hold, including the key finance post.  Modi was sworn int...

Innovate Finance, the industry body for UK FinTech, has launched its second Pride in FinTech Powerlist 2024. The initiative, supported by Google and Zopa Bank, is part of Innovate Finance’s ongoing commitment to champion diversity in the UK FinTech and Financial Services industry. It celebrates the positive impact members of the LGBTQIA+ community are having in driving a more inclusive, more democratic, and more transparent financial services sector for all. Through the Pride in FinTech initiative, Innovate Finance is working to create a safe space for the LGBTQIA+ community and inspire future generations of the industry. Innovate Finance is urging all members of the LGBTQ+ community that are working in FinTech and Financial Services to share their stories, defining moments and experiences that have not only shaped their professional journeys, but their personal lives. Applications are open until 30 September 2024 and the full list and stories will be announced later in the a...

Financial insecurity is deteriorating Americans’ mental health, according to a recent study by MarketWatch Guides shared exclusively with Newsweek . Despite the fact that inflation has eased considerably compared to its June 2022 peak, nearly half (47 percent) of respondents to a survey conducted by the financial news and market data company said that 2024 has been the most stressful year of their lives money-wise. A majority of 88 percent of respondents said they feel some level of financial stress, and 65 percent said their finances are the biggest source of stress, which is having a significant negative impact on Americans’ mental health. Some 41 percent even said their finances have “destroyed” their mental health, and nearly two-thirds of respondents (64 percent) to the MarketWatch survey reported feeling “financial fatigue”—a sense of burnout or exhaustion when dealing with money matters. Americans Are Suffering Financial Burnout Americans Are Suffering Financial Burnout Photo I...

CARRBORO – Carrboro’s $68.3 million budget for the next fiscal year will be 15.8% smaller than the 2024 budget, says Finance Director Brett Greene. Presenting city staff’s draft budget at the June 4 council meeting, Greene said it includes a projected 10% increase in operating expenses. However, city staff expect $15.9 million less in capital expenses now that the 203 Project is wrapping up. The FY 2025 budget also projects an increase in property tax revenue from $15.8 to $16.74 million. Additionally, local sales tax revenue would increase from $6.1 to $6.2 million. Greene told the council that increasing operating expenses was necessary to avoid “an exponential increase in costs” as projects become more expensive. For example, a street resurfacing project that costs $1/foot now might cost $12/foot if the city waits to get it done. One of the PowerPoint slides shows the budget breakdown: 25% for general government, 24% for public safety, 14% for public works, 10% for non-departmental ...