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…
Passaic County Lawyer Charged with Fraud in Connection with COVID-19 Relief Funds
NEWARK, N.J. – A Passaic County, New Jersey, attorney was arrested today for fraudulent acts he committed in connection with COVID-19 relief funds, U.S. Attorney Philip R. Sellinger announced. Morton Chirnomas, 60,…
Global hedge funds gain in January, but not as much as stock market, HFR says
By Carolina Mandl NEW YORK (Reuters) – Global hedge funds posted a solid 2.8% gain in January, but they missed out on the stellar rally that broader stock market indexes posted to…
Italy’s CDP sounds out banks, funds on rival bid for TIM grid, sources say
By Elvira Pollina and Giuseppe Fonte MILAN (Reuters) – Italian state lender CDP is sounding out banks that could help finance its offer for Telecom Italia’s landline grid while also speaking to…
Retired Jersey Shore cop stole $47,000 from New Jersey PBA funds
FORKED RIVER, NJ – A recently retired police officer who also served as treasurer of the New Jersey Policeman’s Benevolent Association – Ocean County Conference has been arrested and charged after taking…
Emerging market funds see big inflows in January on China reopening
By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – Emerging market bond and equity funds received heavy inflows in January after a dry patch last year, aided by China’s reopening and softening inflation…
U.S. bond funds gain inflows for fourth week in a row
(Reuters) – U.S. bond funds drew money inflows for a fourth straight week in the seven days to Feb. 1, on hopes of slowing rate hikes, with its economy grappling against a…
SEC asks big hedge funds for employee phone review – Bloomberg News
The U.S. Securities and Exchange Commission has asked some major hedge funds to review certain employees’ personal mobile phones for evidence of business dealings on unapproved channels, Bloomberg News reported on Thursday.…
Green leaning Gov. Murphy drops half million in COVID-19 relief funds on gas guzzling new SUVs
New Jersey Governor Phil Murphy on Tuesday defended his decision to spend a half million dollars of federal COVID-19 relief funds on a new fleet of SUVs to chauffer himself and administration…
Chinese investors pivot to stocks from bonds on recovery hopes – funds report
SHANGHAI (Reuters) – Chinese investors are starting to shift money from bonds to stocks, betting on a robust recovery for riskier assets as the government’s policy pivots to boost growth, the latest…
U.S. Attorney Announces Settlement Of Civil Fraud Lawsuit Against Former Hunter College Professor And Hunter College For Fraudulently Using Federal Research Funds
Damian Williams, the United States Attorney for the Southern District of New York, announced today that the United States has filed and settled a civil fraud lawsuit against HUNTER COLLEGE (“HUNTER”) and…
U.S. bond funds draw inflows for third straight week
(Reuters) – U.S. bond funds obtained net inflows for a third straight week in the seven days to Jan. 25 as investors remained hopeful that the Federal Reserve would deliver a smaller…
Global equity funds attract inflows for third week in a row
(Reuters) – Global equity funds received inflows for a third straight week in the week to Jan. 25 as easing recession fears and hopes of smaller rate hikes by the Federal Reserve…
Testa Calls Purchase of SUVs with Pandemic Funds to Chauffeur Democrat Leaders Disturbing
Sen. Michael Testa said it’s disturbing that Gov. Murphy and Democrat leaders chose to spend more than $500,000 of pandemic relief funds to buy new SUVs for the State Police to chauffeur…
University Funds Vocal Training For ‘Trans And Non-Binary Voices’
University Funds Vocal Training For ‘Trans And Non-Binary Voices’ Alexa Schwerha on January 26, 2023 The University of Wisconsin-Madison (UW Madison) funded vocal training for “trans and non-binary voices” in a workshop…
New Jersey Governor Spent More Than Half A Million Bucks On Motorcade SUVs Using COVID-19 Funds
Lorenzo Prieto on January 26, 2023 According to Politico, New Jersey’s governor approved the expenditure of more than half a million dollars from federal COVID-19 relief funds for the purchase of eight…
Iowa Gov Signs Into Law New School Choice Program That Funds Private School Students
Iowa Gov Signs Into Law New School Choice Program That Funds Private School Students Reagan Reese on January 24, 2023 Republican Iowa Gov. Kim Reynolds signed school choice legislation into law Tuesday…
Germany won’t reallocate energy crisis funds – finance minister
BERLIN (Reuters) – Germany might not use the full 200 billion euros ($217.50 billion) earmarked for the government’s response to the energy crisis, Finance Minister Christian Lindner said, while ruling out using…
Funds bet heavily on U.S. curve steepeners: McGeever
By Jamie McGeever ORLANDO, Fla. (Reuters) -A key part of the U.S. yield curve is the most inverted in decades and for hedge funds, enough is enough. Commodity Futures Trading Commission positioning…
U.S. bond funds attract inflows for second straight week
(Reuters) – U.S. bond funds attracted money inflows for a second straight week in the seven days to Jan. 18, buoyed by expectations that the Federal Reserve will slow the pace of…
Global equity funds post second weekly inflows in a row
(Reuters) – Global equity funds secured weekly inflows for a second straight week in the week to Jan. 18 on hopes over waning inflationary risks and more measured rate hikes from the…
Hedge funds that punted early on China recovery reaped the rewards
By Summer Zhen Hong Kong (Reuters) – Hedge funds that bet on a swift shift in the country’s zero-COVID and regulatory policies in late 2022 while the stock market was tumbling and…
Blackstone closes PE secondary funds at record $25 billion
(Reuters) – Blackstone Inc raised a record $25 billion for two funds that dabble in secondaries and co-investments, the asset manager said on Wednesday. Strategic Partners IX raised $22.2 billion, the world’s…
Founder and Majority Owner of Cryptocurrency Exchange Charged with Processing Over $700 Million of Illicit Funds
The founder and majority owner of a cryptocurrency exchange, Bitzlato Ltd. (Bitzlato), was arrested last night in Miami for his alleged operation of a money transmitting business that transported and transmitted illicit…
BlackRock, Vanguard stand apart as U.S. funds suffer first annual outflows
(Reuters) – Passive products from BlackRock Inc, Vanguard Group and others were rare cash recipients last year as U.S. mutual and exchange-traded funds suffered $370 billion in net withdrawals, their first annual…
Crypto hedge funds ended 2022 down almost 50% – BarclayHedge data
By Nell Mackenzie LONDON (Reuters) – Hedge funds trading crypto currencies tracked by index provider BarclayHedge ended 2022 down almost 50%, the research firm said on Tuesday, a sign that the collapse…
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