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…
UN draws deep from emergency funds amid record humanitarian aid gap
By Emma Farge GENEVA (Reuters) – Faced with a record $32 billion shortfall in humanitarian aid funding, the United Nations is dipping deep into its emergency fund to support critical programmes in…
Global equity funds see fourth weekly outflow on rate hike expectations
(Reuters) – Global equity funds continued to record outflows in the seven days to Sept. 14 as a higher than expected reading on U.S. inflation raised bets that the Federal Reserve would…
Greater China-focused hedge funds showing biggest net outflows in 15 years
By Summer Zhen HONG KONG (Reuters) – Hedge funds that invest in Greater China are showing their biggest net fund outflows in at least 15 years, according to data for the first…
Taliban condemn U.S. move to form Swiss-based trust for Afghan central bank funds
KABUL (Reuters) – The Taliban’s foreign affairs ministry on Thursday condemned the United States’ decision to transfer Afghan central bank reserves into a Swiss-based trust, saying it was against international norms. On…
Hedge funds investing in Eastern Europe face worst results in eight years
By Nell Mackenzie (Reuters) – Hedge funds trading Eastern European stocks and bonds are seeing their worst performance in eight years, weakened by the surge of global inflation, the strength of the…
U.S. tech-focused hedge funds brace for heavy losses amid market slide
By Svea Herbst-Bayliss and Carolina Mandl NEW YORK (Reuters) – U.S. hedge funds that focus broadly on technology investments are bracing for heavy losses this year as gloomier economic data sparked a…
Shore Area Gun Club Leader Arrested for Stealing Funds
TOMS RIVER, NJ – The Treasure of a Jersey Shore area Gun Club has been charged and arrested with theft after being accused of taking around $4,000 from the club Over a…
San Jose Group Homes Owner Pleads Guilty To Fraud By Diverting Foster Care Funds To Personal Use
SAN JOSE – Annie Corbett, the CEO of her group homes company that provided foster care, pleaded guilty today in federal court to wire fraud and failure to pay over employment taxes,…
Former Oregon Dentist Pleads Guilty to Stealing Nearly $11.5 Million in Covid-Relief Program Funds
PORTLAND, Ore.—A former Oregon dentist pleaded guilty today in federal court for fraudulently converting to his personal use nearly $11.5 million in loans intended to help small businesses during the COVID-19 pandemic.…
EU cautious on Hungary’s ‘charm offensive’ as billions of funds hang in balance -sources
By Gabriela Baczynska BRUSSELS (Reuters) – The European Commission wants to see more action from Hungary on stepping up anti-corruption safeguards before Brussels agrees to unlock EU funds, EU sources said. One…
European equity funds see biggest outflows since Brexit referendum
By Patturaja Murugaboopathy (Reuters) – Investors are dumping European stocks this year, seeking to minimise exposure to a region buffeted not merely by soaring inflation but also an energy crisis wrought by…
From China To Europe, Woke Funds Investing In Fossil Fuels And Slave Labor
From China To Europe, Woke Funds Investing In Fossil Fuels And Slave Labor Micaela Burrow on September 7, 2022 Investment groups in China and Europe intended to promote climate-friendly and social justice-related…
Hedge funds root for Vietnam, China R&D among Asia picks at Sohn conference
By Summer Zhen HONG KONG (Reuters) – Hedge fund managers in Asia are bullish on Vietnam’s growth prospects and selectively looking to invest in emerging technological opportunities in China. At the annual…
Tech stocks lured hedge funds in August -report
NEW YORK (Reuters) – Hedge funds got back in to stocks in the technology, media and telecom (TMT) sector in August, in the most active buying since February 2021, according to a…
Event Helps Raise Funds for Police K9 Corps
ROCKLAND COUNTY, NY – Rockland County officials attended the event to help police and other law enforcement agencies funfair K9 Patrol services. The event was Paws at Peppermill to benefit the Rockland…
Biden Appoints Dem Operative John Podesta To Hand Out $370 Billion In Climate Funds
Biden Appoints Dem Operative John Podesta To Hand Out $370 Billion In Climate Funds Trevor Schakohl on September 2, 2022 President Joe Biden has appointed former Clinton advisor and Democratic operative John…
Analysis-Faltering U.S. stocks rally could see volatility-control funds turn sellers
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Certain volatility-linked investment strategies could ramp up selling of equities if turbulence in the stock market, which has been stoked by the U.S. Federal…
Stock picking hedge funds poised for worst performance in 10 years
By Nell Mackenzie (Reuters) – Hedge funds that actively buy and sell stocks are set for their worst performance in 10 years, based on new data from Preqin, suggesting that the tide…
‘Modern-day Bonnie and Clyde’ admit to fraud charges related to pilfered mail, stolen funds
STATESBORO, GA: A South Carolina man who referred to himself and his girlfriend as the “modern-day Bonnie and Clyde” has admitted using information gleaned from stolen mail to steal or attempt to…
U.S. Treasury awards $408 million in COVID broadband funds to five states
WASHINGTON (Reuters) – The U.S. Treasury on Tuesday announced $408 million in project awards for five states under a COVID-19 capital projects fund for broadband internet access and other public improvements to…
New Jersey Assemblyman Greg McGuckin Sued by GOP for Allegedly Stealing Party Funds
TOMS RIVER, NJ – In the hours before Ocean County Sherif Mastronardy’s embarrassing loss to former Ocean County GOP Chairman George Gilmore in the 2022 OCGOP Chairman’s election, forces aligned with Mastronardy…
Ocean County GOP Bounces Back After Previous Chairman, Allies Party Funds
TOMS RIVER, NJ – The Ocean County GOP organization had its bank account nearly wiped hours before Ocean County Sheriff Michael Mastronardy lost his bid to succeed Frank Holman as the party…
U.S. Secret Service Returns $286M in Fraudulently Obtained Funds to the Small Business Administration
DENVER – Today, the U.S. Secret Service returned approximately $286 million in fraudulently obtained Economic Injury Disaster Loans (EIDL) to the Small Business Administration (SBA). These recovered funds were generated by fraudulently…
U.S. bond funds record biggest weekly outflow in eight weeks
(Reuters) – Investors dumped U.S. bond funds in the week to Aug 24 as they waited to hear a speech by Federal Reserve Chair Jerome Powell later on Friday which will be…
Global equity funds see large outflows on slowdown worries
(Reuters) – Global equity funds witnessed their biggest weekly capital withdrawals in five weeks in the week to Aug. 24 on concerns that rate hikes would lead to a recession. Investors were…
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