Drug dealer’s desperate legal action is laughed out of court by Judge

A motion filed by Roselle Mayor Donald Shaw, a convicted heroin dealer, seeking to freeze the campaign account of his Democratic primary opponent, Jamel Holley, and to stop newspaper publisher Lisa McCormick and her company CMD Media from reporting on the campaign, has been sharply denied by Superior Court Judge Mark P. Ciarrocca. Shaw alleged…

FDIC says 4,672 FDIC-insured banks reported income of $79.8 billion

The Federal Deposit Insurance Corporation (FDIC) has released its Quarterly Banking Profile for the first quarter of 2023, revealing that 4,672 FDIC-insured commercial banks and savings institutions reported a combined net income of $79.8 billion. This represents an increase of $11.5 billion, or 16.9 percent, compared to the previous quarter. However, after excluding the effects…


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