Author: Clivette

NBA star Giannis Antetokounmpo spread his money across half a dozen bank accounts as a rookie because of the FDIC’s $250,000 limit. Billionaire team owner Marc Lasry told him to invest instead.

September 05, 2023 in Sports

The sudden collapse of Silicon Valley Bank this spring shone a spotlight on federal deposit insurance, which only extends to $250,000 of a customer's money at a single bank. When Giannis Antetokounmpo first learned of the limit, he opened half a dozen bank accounts to...

Oprah Winfrey Faces Accusations of Hiring Firefighters to Protect Her Massive Estate During Maui Wildfire After Requesting Donations for Displaced Victims Who Lost Their Homes

September 05, 2023 in International

Oprah Winfrey is being accused of doing everything she can to protect her Hawaii estate from the unprecedented wildfires that devastated the island of Maui in August. Multiple social media users have posted videos alleging that she hired a private team of firefighters to stave off...

US concerned about China’s expansion in Caribbean

September 01, 2023 in Regional

Outgoing United States Ambassador to Guyana, Sarah-Ann Lynch says the Biden administration is concerned about what she says is China’s expanding financial footprint in Guyana and the wider Caribbean. “We’ve tripled the bilateral trade over the last few years so I think we are here we...