Back to School Blues: Governor Murphy’s Funding Formula Devastates New Jersey Students Causing Anger, Fear and Anxiety in Many Underfunded Districts
Governor Phil Murphy’s S-2 Funding Formula Leaves Schools Closed, Unexpected Mergers, Teachers Without Jobs, Overcrowded Classrooms and No Money in its Wake As the school bells ring across New Jersey this fall…
US startup funding continues to drop despite AI frenzy
By Krystal Hu (Reuters) – U.S. investors injected $170.6 billion into startups in 2023, a decrease of nearly 30% from the $242.2 billion recorded in 2022, as the venture capital funding market…
Mike Johnson And Chuck Schumer Reach Government Funding Deal, But Some Republicans Are Reportedly ‘Pissed’
Mike Johnson And Chuck Schumer Reach Government Funding Deal, But Some Republicans Are Reportedly ‘Pissed’ Nick Pope on January 7, 2024 Senate Majority Leader Chuck Schumer and Speaker of the House Mike…
US overnight funding rate hits record high amid year-end volatility
By Davide Barbuscia NEW YORK (Reuters) – A gauge measuring the borrowing costs on loans between banks and other participants in the U.S. repurchase agreement (repo) market hit its highest level since…
Congress Unlikely To Pass All Appropriations Bills Before Next Government Funding Deadline In 2024, Experts Say
Congress Unlikely To Pass All Appropriations Bills Before Next Government Funding Deadline In 2024, Experts Say Arjun Singh on December 25, 2023 The Senate and House of Representatives are unlikely to pass…
U.N. Palestinian refugee agency decries Swiss move to cut funding
By Gabrielle Tétrault-Farber GENEVA (Reuters) – The head of the U.N. Palestinian refugee agency (UNRWA) denounced a move by Switzerland to cut aid as the Gaza Strip faces a humanitarian crisis described…
Concerns Raised Over Phil Murphy’s StayNJ Program Implementation and Funding
TRENTON, NJ — Assemblyman Brian Bergen (R-Morris) has raised concerns regarding the newly announced StayNJ task force, particularly about the lack of clarity on the payment of its members. Gov. Phil Murphy’s…
Former Executive Director of Alabama Association for Career and Technical Education Sentenced for Embezzling Federal Funding
Montgomery, Alabama – Today, Acting United States Attorney Jonathan S. Ross announced the sentencing of a former executive director for the Alabama Association for Career and Technical…
Sri Lanka to receive about $600m ADB funding post-IMF approval – official
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka will get about $600 million, on a staggered basis, from the Asian Development Bank after the International Monetary Fund releases the second tranche of…
Spending fight imperils US Pacific island funding meant to counter China
By Michael Martina and David Brunnstrom WASHINGTON (Reuters) – U.S. budget wrangling could further delay funding approval for new agreements with Pacific island nations meant to counter Chinese influence, creating an opportunity…
Former Blackfeet Tribal operations manager suspected of stealing tribal COVID-19 relief funding arraigned on charges
GREAT FALLS — The former operations manager for the Blackfeet Tribe was arraigned today on charges accusing him of stealing federal COVID-19 relief funding the tribe received, U.S. Attorney Jesse Laslovich said.…
US funding for Ukraine arms has poured into Pennsylvania, Arizona and Texas
By Mike Stone WASHINGTON (Reuters) – The Biden administration has been circulating on Capitol Hill the first breakdown of which U.S. states have benefited from the billions of dollars spent on arming…
Women founders get tiny fraction of venture funding – report
STOCKHOLM (Reuters) – Women across northwestern Europe received a tiny fraction of venture capital raised in 2023, with all-female founding teams receiving 0.6% in France, 1% in the Nordic countries, 1.9% in Britain,…
NYC Mayor Adams Announces Funding Cuts For Cops, Schools To Pay For City’s Illegal Migrant Crisis
Eric Adams Announces Funding Cuts For Cops, Schools To Pay For City’s Illegal Migrant Crisis Harold Hutchison on November 16, 2023 Democratic Mayor Eric Adams of New York City announced Thursday cops…
Analysis-Cheap yuan catapults China to second-biggest trade funding currency
By Samuel Shen and Rae Wee SHANGHAI/SINGAPORE (Reuters) – Global companies are making a beeline for China’s debt markets, issuing record amounts of yuan-denominated bonds and borrowing heavily from mainland banks, capitalising…
U.S. Senate to vote on stopgap government funding bill on Wednesday night -Schumer
WASHINGTON (Reuters) – The U.S. Senate will vote Wednesday night on a stopgap measure to avert a partial government shutdown, Majority Leader Chuck Schumer said. (Reporting by Moira Warburton in Washington; Editing…
Benko’s Signa unit seeks $2.2 billion funding amid property crisis – Bloomberg News
(Reuters) – Property tycoon Rene Benko-founded Signa Group’s Prime unit has approached investors to seek up to 2 billion euros ($2.17 billion) in funding, Bloomberg News reported on Wednesday, citing people familiar…
US unveils up to $3.5 billion funding to boost domestic battery manufacturing
(Reuters) – The U.S. Department of Energy on Wednesday announced up to $3.5 billion to strengthen domestic production of batteries and battery materials from the infrastructure law President Joe Biden signed in…
China is eyeing $137 billion of new funding to boost housing market – Bloomberg News
(Reuters) – China plans to provide at least 1 trillion yuan ($137.22 billion) of low-cost financing to the nation’s urban village renovation and affordable housing programs, Bloomberg News reported on Tuesday, citing…
Juul Labs raises $1.3 billion in funding
(Reuters) -Juul Labs said on Monday it has raised about $1.3 billion in funding, months after the e-cigarette maker revealed plans to lay off about 250 people in a bid to reduce…
General Flynn Advocates for Withdrawal and Funding Cessation in Iraq
NEW YORK, NY — In a recent statement, General Flynn called for an immediate halt of all U.S. financial assistance to Iraq, citing extensive expenditures and prioritizing American interests. Flynn highlighted the…
US Treasuries basis trades seen as less profitable as funding costs rise
By Davide Barbuscia NEW YORK (Reuters) – A hedge fund arbitrage trading strategy that likely exacerbated a crash in the world’s biggest bond market in 2020 and has recently undergone regulators’ scrutiny…
Marketmind: Markets fly on Fed and funding, Apple awaits
A look at the day ahead in U.S. and global markets from Mike Dolan World markets lapped up a combination of steady U.S. interest rates, rejigged Treasury borrowing and lower oil prices…
Ocean County Lawmakers Demand Murphy Put Orsted Funds Into Education Funding
TOMS RIVER, NJ – After Orsted, a foreign wind developer, canceled its offshore wind projects in New Jersey, Senator Jim Holzapfel and Assemblymen Greg McGuckin and John Catalano are calling for the…
House GOP Unveils Israel Aid Bill That Would Take Back Funds From Biden’s Massive IRS Funding Surge To Pay For It
House GOP Unveils Israel Aid Bill That Would Take Back Funds From Biden’s Massive IRS Funding Surge To Pay For It Arjun Singh on October 30, 2023 The House Republican Conference has…
Trump-Appointed Federal Judge Rules Colorado Can’t Exclude Preschool From Funding Program Over Religious Stances
Trump-Appointed Federal Judge Rules Colorado Can’t Exclude Preschool From Funding Program Over Religious Stances Katelynn Richardson on October 23, 2023 A federal judge ruled Saturday that Colorado can’t exclude a Christian school…
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