Cardi B performs at the Bonnaroo Music and Arts Festival in Manchester, Tenn., on June 16, 2019. New York City Mayor Eric Adams announced Wednesday that Cardi B had offered to the financial relief for victims of the Bronx fire. The Grammy-winning artist grew up in the Bronx. (Photo by Amy Harris/Invision/AP, File)
Cardi B has offered to pay the burial costs for all 17 people killed in a fire that ripped through a New York City high-rise.
New York City Mayor Eric Adams announced Wednesday that the Grammy-winning rapper had offered the financial relief for victims of the fire in the Bronx, where she grew up.
Many of the victims had ties to Gambia, and families of several of the victims planned to bury them in their West African homeland. Cardi B has committed to paying the repatriation expenses for the victims who will be buried in Gambia, the mayor's office said.
“I’m extremely proud to be from the Bronx and I have lots of family and friends who live and work there still. So, when I heard about the fire and all of the victims, I knew I needed to do something to help,” Cardi B in a statement. “I cannot begin to imagine the pain and anguish that the families of the victims are experiencing, but I hope that not having to worry about the costs associated with burying their loved ones will help as they move forward and heal. I send my prayers and condolences to everyone affected by this horrific tragedy.”
The fire, which was New York City's deadliest in three decades, was sparked by a faulty space heater, according to authorities.
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The Biden administration is once again extending the pause on federal student loans payments — this time, through the end of August. In a statement, President Biden cited a recent analysis from the Fed that if the payments were to resume, millions of student loan borrowers would face significant "economic hardship, delinquencies, and defaults that could threaten America's financial stability." Sarah Foster, an analyst at Bankrate, breaks down the impact of the extension on borrowers, the economy, and the future of student loan forgiveness. "I think this is just an instance of the federal student loan forbearance program kind of creating additional uncertainty for borrowers, especially in the sense that these past four extensions from the Biden administration have kind of come at the 11th hour here," she said.
Walk into any coffee shop or diner and you’ll spot packets of Sweet ‘n’ Low, Equal, or Splenda sweet right away. And, if you’re someone who uses these sweeteners, you’re not alone. In 2020 alone, 141 million Americans used sugar substitutes. They’re attractively marketed with little to no calories, claims of no weight gain and are supposedly safe for diabetics. But with all the hype comes a history of negative PR and health concerns, including possible cancer links. And yet talk of bans by the US Government have proven ineffective, even inciting chaos.
So how did these small packets become so mighty?
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U.S. markets closed higher to end Monday's session, with tech stocks leading the advance. Gene Goldman, Chief Investment Officer at Cetera Financial Group, joins Cheddar News' Closing Bell to discuss the potential future of the major U.S. indexes, and how factors like policy moves from the federal reserve and the ongoing Ukraine-Russia war could impact volatility.