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…
Ocean County Legislators Blast Murphy’s Funding of Transgender Website with Pandemic Relief Funds
Ocean County lawmakers questioned Gov. Phil Murphy's use of pandemic relief funds to develop a 'Transgender Information Hub' website while other critical needs that could have been funded have been ignored.…
West African countries struggle to raise funds from regional debt market
By Loucoumane Coulibaly ABIDJAN (Reuters) – West African countries of the eight-nation economic and monetary union are struggling to raise funds on the regional capital market, as investors demand higher interest rates…
Hedge funds retrench after getting pummeled during wild March
By Nell Mackenzie, Carolina Mandl and Summer Zhen LONDON/NEW YORK/HONG KONG (Reuters) – March’s market turmoil has forced many macro and trend-following hedge funds to cut bait on bad portfolio bets and…
Investors rack up U.S. money market funds for a third straight week
(Reuters) – Money continued to flow into safer U.S. money market funds for a third consecutive week as investors remained unsettled about the banking sector crisis, with slowdown worries also affecting the…
Global money market funds see strong demand for fifth week in a row
(Reuters) – Global money market funds continued to attract big inflows in the week ended March 29, as investors chased safer assets amid lingering worries over the turmoil in the banking sector…
Maryland Man Admits to Illegally Obtaining Over $2 Million in COVID-19 Relief Funds
NEWARK, N.J. – Mohamed Kamara, a 42-year-old man from Greenbelt, Maryland, has pleaded guilty yesterday to wire fraud and conspiracy to commit wire fraud. He admitted to illegally obtaining more than $2…
Column-Shadow bank boxing as money funds drain deposits :Mike Dolan
By Mike Dolan LONDON (Reuters) – Cash-like money funds could increasingly suck deposits from smaller U.S. banks until lagging bank savings rates are finally forced up to compete while the Federal Reserve…
Pakistan PM says IMF wants external financing commitments met before it releases funds
By Asif Shahzad ISLAMABAD (Reuters) – The International Monetary Fund (IMF) wants external financing commitments fulfilled from friendly countries before it releases bailout funds, Pakistan’s Prime Minister Shehbaz Sharif said on Tuesday.…
New York-based Mass Ave Global liquidates China-focused funds -documents
By Xie Yu and Summer Zhen HONG KONG (Reuters) – Mass Ave Global, a New York-based hedge fund with $1.1 billion of assets under management, has decided to close its China and…
Hedge funds flee banks, lending-related stocks
By Carolina Mandl NEW YORK (Reuters) – Global hedge funds cut their exposure to U.S. banking stocks to a near 10-year record low and fled lending-sensitive shares amid the banking turmoil that…
Global money market funds’ weekly inflows hit 3-year high
(Reuters) – Global money market and government bond funds received massive inflows in the seven days to March 22 as investors scrambled for safety amid turmoil in the U.S. and European banking…
Colombia pension reform would impact capital markets, private funds say
By Nelson Bocanegra BOGOTA (Reuters) – Colombia’s private pension funds association said on Thursday a reform proposed by the leftist government of President Gustavo Petro is unsustainable and would have a significant…
Celebrity-Backed Bail Funds Freed People Who Allegedly Went On To Kill: REPORT
Celebrity-Backed Bail Funds Freed People Who Allegedly Went On To Kill: REPORT Trevor Schakohl on March 22, 2023 Bail assistance groups including the Northwest Community Bail Fund, Minnesota Freedom Fund and Bail…
Hedge funds whiplashed in wild March markets
By Summer Zhen, Nell Mackenzie and Yoruk Bahceli LONDON/HONG KONG (Reuters) – Trend-following and macro hedge funds have been badly wrong-footed in a week of wild market gyrations and are selling stocks…
Five trades from hedge funds to navigate US-China tensions
By Nell Mackenzie, Carolina Mandl and Summer Zhen LONDON (Reuters) – Hedge funds are watching growing U.S.-Chinese geopolitical tensions and have spotted ways to trade them. U.S. authorities on Thursday told TikTok’s…
Global money market funds draw massive inflows in week to March 15
(Reuters) – Global money market and government bond funds obtained massive weekly inflows as investors rushed to safer assets on fears of contagion from the collapse of three U.S. banks last week.…
UK drops plan to tax sovereign wealth funds
LONDON (Reuters) – British finance minister Jeremy Hunt has dropped a plan to tax sovereign wealth funds investing in Britain, according to a government document. The report, detailing the measures in a…
Nigeria tops list of countries withholding airline funds, IATA says
LAGOS (Reuters) – Nigeria is withholding $743 million in revenue earned by international carriers operating in the country, the highest amount owed by any nation, a spokesperson for the global airlines industry…
Venezuelan opposition impatient over U.S. process to move frozen funds – sources
By Vivian Sequera and Mayela Armas CARACAS (Reuters) – Members of Venezuela’s opposition are anxiously awaiting decisions by the United States to again allow the distribution of funds to support opposition legislators…
Australia’s biggest pension funds not doing enough on climate, activist investor says
SYDNEY (Reuters) – Australia’s five largest pension funds were not doing enough to push fossil fuel companies toward decarbonisation, activist investor group Market Forces said on Wednesday, arguing their environmental commitments could…
China central bank set to inject fresh funds through medium-term policy loan
SHANGHAI (Reuters) – China’s central bank is set to inject more liquidity when rolling over maturing medium-term policy loans for a fourth straight month on Wednesday, while keeping the interest rate unchanged,…
Morgan Stanley, BlackRock funds among those exposed to regional bank failures
By David Randall NEW YORK (Reuters) – Mutual funds managed by Morgan Stanley, Fidelity, and BlackRock appear to be among the most exposed to the collapse of Silicon Valley Bank and Signature…
Global equity funds draw first weekly inflow in four weeks – Refinitiv data
(Reuters) – Global equity funds drew their first weekly inflow in four weeks in the seven days to March 8 after strong consumption boosted the service sector in some major economies, easing…
‘A Very Disturbing Event’: Michael Shellenberger Describes ‘Censorship-Industrial Complex’ Created With Taxpayer Funds
‘A Very Disturbing Event’: Michael Shellenberger Describes ‘Censorship-Industrial Complex’ Created With Taxpayer Funds Harold Hutchison on March 9, 2023 A journalist who testified about alleged government censorship Thursday described the rise of…
Abu Dhabi shakes up wealth funds with top royals chairing
By Yousef Saba DUBAI (Reuters) – Abu Dhabi announced a reshuffle at the top of its two biggest sovereign wealth funds on Thursday, appointing senior members of the royal family as chairmen.…
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