Finances

Former Senator David Burkette Enters Plea Deal, Won’t Serve Any Jail Time

Former State Senator David Burkette entered a guilty plea Monday morning to Judge Tiffany McCord. Burkette plead guilty to a misdemeanor charge of campaign finance violation. As part of his plea deal, Burkette gets a suspended 30-day sentence. He won’t serve any jail time. Burkette will also have 12 months of unsupervised probation. Burkette has to pay fines in the…

Ivey Raises $495,000 in August; Maddox to Report $338,000

Alabama Gov. Kay Ivey raised nearly $500,000 for her campaign last month as the incumbent Republican regains a cash advantage over gubernatorial challenger Walt Maddox. In a campaign finance report filed Tuesday, Ivey reported raising $400,000 in August. That is in addition to $95,000 in large contributions she reported last month. The report shows Ivey is regaining a fundraising advantage…

Black, Latino Youth Less Likely to Receive Financial Help from Folks

A new Gen Forward survey finds more young blacks and Latinos feel that they can’t depend on family to help financially than do whites or Asians. That includes big-ticket items like college tuition as well as smaller expenses. More than half of millennials of all races and ethnicities think an unexpected bill of $1000 would cause them financial difficulty. Nearly…