Nude beachgoers in New Jersey raise funds for body positivity causes
SANDY HOOK, NJ – Under clear skies and summer heat, visitors to Gunnison Beach shed more than just their clothes on July 12, joining International Skinny Dip Day to raise money for…
Banks Launch Fewest ‘Green’ Funds In Three Years
Banks Launch Fewest ‘Green’ Funds In Three Years John Hugh DeMastri on April 25, 2023 Launches of new funds focused on environmental, social and corporate governance (ESG) goals hit their lowest level…
Lake Success Attorney Arraigned for Allegedly Stealing Client’s Insurance Settlement Funds
MINEOLA, NY – Sean O’Leary, 64, a Lake Success attorney, was arraigned Wednesday before Judge Norman Sammut on one count of Grand Larceny in the Second Degree for allegedly stealing $60,000 from…
Swing State Dems Approve $175 Million In Taxpayer Funds To Chinese-Owned Company, And Residents Aren’t Happy
Swing State Dems Approve $175 Million In Taxpayer Funds To Chinese-Owned Company, And Residents Aren’t Happy Jason Cohen on April 21, 2023 Michigan Democratic lawmakers authorized taxpayer funding for a Chinese-backed project…
Recession-wary investors pour $9.1 billion into hedge funds in first quarter
By Svea Herbst-Bayliss BOSTON (Reuters) – Hedge funds pulled in $9.1 billion in new money during the first three months of 2023, data showed on Friday, after last year’s hefty outflows as…
Rate hike worries drive US bond funds first outflow in three weeks
(Reuters) – U.S. bond funds suffered big outflows in the week to April 19 on expectations that the Federal Reserve would continue to hike interest rates to tackle inflationary pressures. Refinitiv Lipper…
Investors turn net sellers of global equity funds on recession fears
(Reuters) – Rising concerns of a recession following weaker economic data and expectations the Fed will keep hiking rates to tame inflation led to outflows from global equity funds in the week…
China sees more state-sector funds launched after policy drive
By Jason Xue and Summer Zhen SHANGHAI/HONG KONG (Reuters) – Chinese asset managers are rushing to launch funds to woo investors into state-owned firms, whose shares have surged this year as Beijing…
China funds flock to Hong Kong to sate mainland investors
By Summer Zhen HONG KONG (Reuters) – Large China-based fund managers are setting up shop in Hong Kong for the first time, seeking to fill Chinese investors’ appetite for U.S. dollar-based products…
New York City congresswoman concealed thousands in campaign funds, complaint alledges
NEW YORK, NY – Democratic New York Rep. Alexandria Ocasio-Cortez concealed thousands of dollars in campaign funds, an ethics complaint exclusively obtained by the Daily Caller News Foundation alleges. The Federal Election…
Phil Murphy pushes 2035 gas car ban with $35 million in public funds to help New Jersey switch now
TRENTON, NJ – New Jersey Governor Phil Murphy is pushing hard to meet the goals set for his 2035 gasoline-powered car ban by pushing for $35 million to help New Jerseyeans ditch…
Children’s Hospital reportedly spent $176k in taxpayer funds to train staff on gender training
Reagan Reese and Megan Brock PHILADELPHIA, PA – A Pennsylvania gender clinic that gives puberty blockers to kids as young as 8 years old used taxpayer dollars to train mental health providers…
U.S. money market funds draw inflows for fifth straight week
(Reuters) – U.S. money market funds received inflows for a fifth straight week after recent data pointed to a still-strong labor market, bolstering bets for a rate hike by the Federal Reserve…
Investors put $538 billion into cash funds over eight weeks – BofA
By Harry Robertson LONDON (Reuters) – Investors have moved $538 billion into cash funds over the past eight weeks as they pulled money out of bank deposits after the collapse of Silicon…
Global money market funds see huge demand for a seventh straight week
(Reuters) – Global investors were big buyers in money market funds for a seventh straight period in the week to April 12 after a strong U.S. jobs report heightened expectations that the…
China’s PBOC set to inject fresh funds via medium-term policy loans -survey
SHANGHAI (Reuters) – China’s central bank is expected to inject more liquidity when rolling over maturing medium-term policy loans for a fifth straight month on Monday, while keeping the interest rate unchanged,…
Oroho & O’Scanlon Respond to State Auditor Report Showing Murphy Administration’s Failure to Use Billions in Federal Pandemic Relief Funds
Sen. Steven Oroho and Sen. Declan O'Scanlon responded to a State Auditor report that shows that more than $5 billion in pandemic relief funds remains unspent by the Murphy administration nearly two…
Hedge funds bought financial stocks amid banking turmoil, says S&P
By Carolina Mandl NEW YORK (Reuters) – Hedge funds increased their exposure to stocks in the financial sector amid the banking turmoil in March, as they saw a buying opportunity at lower…
Exclusive-Kenya expects $1.2 billion Q2 financing boost, seeks fresh IMF funds
By Jorgelina do Rosario and Joe Bavier WASHINGTON (Reuters) – Kenya expects at least $1.2 billion in financing inflows between April and May and is in talks for new funding from the…
Governor Murphy launches transgender website using part of $40 million American Rescue Plan funding
TOMS RIVER, NJ – Ocean County lawmakers are upset after Governor Phil Murphy continues to cut funding to schoolchildren but allocated a large amount of money to build a transgender hub using…
Explainer-Why European money market funds inflows are lagging behind the U.S. torrent?
By Harry Robertson LONDON (Reuters) – Investors poured $367 billion into U.S. money market funds in March, according to data provider EPFR, as the collapse of Silicon Valley Bank caused stocks to…
Global money market funds witness inflows for sixth straight week
(Reuters) – Global money market funds continued to attract strong inflows in cautious trade in the week ended April 5 as a raft of economic data during the week signalled weakening in…
US dividend funds see biggest quarterly outflows in 2-1/2 years
By Patturaja Murugaboopathy and Chuck Mikolajczak (Reuters) – U.S. dividend funds have faced steep outflows this year after strong inflows last year as investors rush to safer money market funds and bank…
Georgia Woman Charged with Theft for Taking Funds from Point Pleasant Law Office
TOMS RIVER, NJ – Ocean County Prosecutor Bradley D. Billhimer and Point Pleasant Borough Police Chief Adam Picca announced that last Thursday, Donna Frustieri, 55, of Thunderbolt, Georgia, was charged with Theft…
Banking turmoil dampens shine of ESG funds at end of strong Q1
By Tommy Wilkes and Patturaja Murugaboopathy LONDON (Reuters) – Investment funds with environmental, social and governance (ESG) goals appear to be back in vogue in 2023, although the banking crisis that roiled…
Roller coaster March puts macro hedge funds in red, others post small gains
By Carolina Mandl and Svea Herbst-Bayliss NEW YORK (Reuters) -Big market swings in March sparked by a banking crisis hurt some hedge fund returns with global macro firm Rokos Capital Management reporting…
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