December 18, 2025 - 02:02

In a recent statement, the Chief Administrative Officer (CAO) emphasized the necessity for Richmond to establish a single, reliable source of truth regarding the city’s financial matters. This initiative aims to enhance transparency and accountability within the local government, ensuring that residents are well-informed about the city's fiscal activities.
The CAO highlighted the importance of clear communication with the community, stating, “We’re going to make sure that the community knows everything that we’re doing.” This commitment reflects a broader effort to foster trust between city officials and residents, allowing for better engagement in the decision-making processes that affect their lives.
By consolidating financial information into a single platform, Richmond aims to eliminate confusion and misinformation that can arise from fragmented reporting. This move is expected to empower citizens, giving them easier access to data and insights about municipal spending and budget allocations, ultimately leading to a more informed and involved community.
December 17, 2025 - 07:09
Former Atlanta Hawks Executive Admits to Wire Fraud ChargesIn a significant legal development, Lester Jones, the former senior vice president of finance for the Atlanta Hawks, has pleaded guilty to federal wire fraud. This plea comes after he was indicted...
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Analysts Adjust Valuations for Bread Financial HoldingsRecent adjustments by analysts have led to an increase in the fair value estimates for Bread Financial Holdings, now set at approximately $71.14 per share. This change indicates a more optimistic...
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Navigating Financial Conversations: Bridging the Generational GapRecent findings from a family finance study highlight a significant disconnect regarding financial discussions between parents and their adult children. The research reveals that while a vast...