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 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…
Computer-led equity hedge funds beat human stock-pickers in October
By Carolina Mandl NEW YORK (Reuters) – Hedge funds that trade equities using computer programmes defeated human stock-pickers in October by a large difference in performance, according to a Goldman Sachs note.…
Macro hedge funds turn bearish on equities – Barclays
NEW YORK (Reuters) – Global macro hedge funds are now bearish on equities, leaving behind bullish bets which were part of their strategy for most of the year, while commodity trend advisers…
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…
Global equity funds experience notable outflows amid U.S. yield worries
(Reuters) – Global equity funds suffered significant outflows in the seven days to Oct. 25, hit by worries over higher U.S. bond yields and caution over the war in the Middle East.…
Hedge funds trim exposure to megacap tech stocks, banks say
By Carolina Mandl NEW YORK (Reuters) – Global hedge funds reduced their exposure to mega cap tech stocks in recent days, ahead of the companies’ third-quarter earnings, two Wall Street banks said.…
US equity funds suffer outflows on rising bond yields, geopolitical tensions
(Reuters) – U.S. equity funds registered huge withdrawals in the week ending Oct. 18, hit by a surge in bond yields and escalating geopolitical tensions in the Middle East. Investors sold $4.57…
Global equity funds see fifth consecutive weekly outflow amid rising bond yields
(Reuters) – Global equity funds registered their fifth weekly outflow in a row in the seven days to Oct. 18 hit by the persistent rise in U.S. bond yields with strong economic…
Hedge funds pile into banks ahead of earnings – BofA
NEW YORK (Reuters) – Hedge funds bought U.S. stocks in all sectors last week, but mainly in financials, Bank of America said in a report on Tuesday. Hedge funds bought over $300…
IMF steering committee calls for new funds, share plan by June 2025
MARRAKECH, Morocco (Reuters) – International Monetary Fund members on Saturday pledged to complete a review of quota funding by Dec. 15, voicing support for an increase that at least maintains the IMF’s…
Man Accused of Stealing Over $1 Million in Pandemic Relief Funds
QUEENS, NY – District Attorney Melinda Katz has announced the arrest and charges against Papa Diakhate, 54, of East Elmhurst, for allegedly defrauding federal pandemic relief funds. Diakhate has been accused of…
Slidell Woman Sentenced to 18 Months for Misappropriating Veteran’s Funds
NEW ORLEANS, LOUISIANA – U.S. Attorney Duane A. Evans announced that SLOANE SIGNAL-DEBOSE, Ph.D., age 52, a resident of Slidell, was sentenced on October 11, 2023 to 18 months in prison for…
US equity funds suffer outflows amid rate worries, Middle East conflict
(Reuters) – U.S. equity funds suffered substantial outflows in the week ending Oct. 11, driven by concerns over persistent higher U.S. interest rates and escalating geopolitical tensions in the Middle East. According…
Former Army Reservist Pleads Guilty to Conspiracy to Commit Theft of Government Funds
NEW ORLEANS – U.S. Attorney Duane A. Evans announced today that former United States Army reservist LEROY DANIELS, JR. pled guilty to conspiracy to commit theft of government funds. DANIELS stole $11,693.87…
Former Executive Director of Tribal non-profit job training program pleads guilty to embezzling federal funds
Tacoma – The former Executive Director of the Western Washington Indian Employment Training Program (WWIETP) pleaded guilty today in U.S. District Court in Tacoma to embezzling from a program receiving federal funds,…
Honduras prosecutors accuse two ex-presidents of diverting public funds to campaigns
By Gustavo Palencia TEGUCIGALPA (Reuters) – A Honduran special anti-corruption unit indicted two former conservative presidents on Wednesday on charges of fraud for the diversion of over $12 million of public funds…
Saratoga Springs Woman Sentenced for Misappropriating Funds as the Fiduciary to a Veteran
ALBANY, NEW YORK – JoAnne Natalie, age 65, of Saratoga Springs, New York, was sentenced today to serve 3 months in jail for misappropriating the funds of a veteran as his appointed…
Bank of England piles pressure on money market funds to bolster liquidity
By Huw Jones and David Milliken LONDON (Reuters) -The Bank of England said on Tuesday that money market funds should hold “significantly” higher amounts of liquid assets to cope with market volatility…
China funds look to Mideast cash as US investments wane
By Summer Zhen HONG KONG (Reuters) – Chinese funds are seeking new capital sources in the Middle East and other markets, managers say, in a shift that could reshape investment flows as…
Hedge funds sell energy stocks before Middle East conflict – Goldman
By Nell Mackenzie LONDON (Reuters) – Global hedge fund managers were selling U.S. stocks sensitive to commodities at an accelerated pace in the week ending October 6, according to a Goldman Sachs…
US bond funds suffer outflows on rate worries; money market funds gain traction
(Reuters) – U.S. bond funds saw significant outflows in the week ending Oct. 4, driven by concerns about prolonged elevated interest rates, while money market funds garnered substantial inflows as investors recalibrated…
Global bond funds post massive weekly outflows on rate hike concerns
(Reuters) – Global bond funds faced huge outflows in the week to October 4, driven by concerns over sustained high interest rates because of elevated inflation levels and a robust U.S. economy.…
‘I Will Wait No Longer’: Josh Hawley Vows To Block Army Civilian Nominations Over Unspent Housing Funds
‘I Will Wait No Longer’: Josh Hawley Vows To Block Army Civilian Nominations Over Unspent Housing Funds Micaela Burrow on October 5, 2023 Republican Missouri Sen. Josh Hawley vowed to block Army…
Brazil’s government seeks Congress vote on bill taxing offshore, closed-end funds this week
BRASILIA (Reuters) – The Brazilian government wants Congress to pass a bill this week that would tax offshore and closed-end funds, and change an instrument companies use for shareholder payments, a government…
Banks stocks back in vogue for hedge funds in September -Morgan Stanley
By Nell Mackenzie LONDON (Reuters) – Global hedge funds raced to load up on bullish positions in banks, insurance companies and capital markets as September drew to a close, Morgan Stanley said…
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