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Category: Black Politics

Parents Are Giving Up Custody of Their Kids to Get Need-Based College Financial Aid

This story was originally published by ProPublica. Dozens of suburban Chicago families, perhaps many more, have been exploiting a legal loophole to win their children need-based college financial aid and scholarships they would not otherwise receive, court records and interviews show. Coming months after the national “Varsity Blues” college admissions scandal, this tactic also appears to…

What’s In Your Wallet?

Another day, another massive data hack: Capital One, the Virginia-based bank with a popular credit card business, announced Monday that a hacker had accessed about 100 million credit card applications, and investigators say thousands of Social Security and bank account numbers were also taken….The hack appears to be one of the largest data breaches ever…

The Fed’s Big Gamble?

The Washington Post tells us what’s up: This is . . . a wee bit hyperbolic, no? I mean, the Fed is pondering a quarter percent rate cut that’s been long since priced in by the market. Whether you agree or disagree that this is the right thing to do, it’s simply not likely to…