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…
Flows into AI funds wane as US rate worries weigh
By Bansari Mayur Kamdar (Reuters) – Inflows into exchange-traded funds (ETFs) tracking artificial intelligence (AI) companies have ebbed after their sharp run-up earlier this year, as investors fear persistently high U.S. interest…
Bets on Texas Pacific, St Joe powered best US equity funds in third quarter
By David Randall NEW YORK (Reuters) – Big positions in a handful of stocks helped a select number of U.S. value and small-cap funds rocket higher in the third quarter while rising…
US equity funds see biggest weekly outflow in three months
(Reuters) – U.S. equity funds witnessed robust outflows in the seven days to Sept. 27 on worries about a potential extension of the Federal Reserve’s restrictive monetary policy and a renewed surge…
Global bond funds register big outflows on rate worries
(Reuters) – Global bond funds saw their biggest weekly outflows in more than a month on concerns that U.S. and European central banks will keep interest rates higher for longer to curb…
Traders wary of volatility as JP Morgan fund’s big options trade looms
By Saqib Iqbal Ahmed NEW YORK (Reuters) – A $16 billion JP Morgan fund, expected to reset its options positions on Friday, is drawing traders’ attention as a potential source of additional…
New Rochelle Charity Co-Founder Accused of Misappropriating Funds
WHITE PLAINS, NY – Christopher Greco, 52, co-founder of Christopher’s Voice, Inc., a New Rochelle-based charity for autistic children, has been recently charged with stealing approximately $24,000 from the organization. The Westchester…
New IMF funds for Sri Lanka may face delay after review sees revenue shortfall
By Uditha Jayasinghe COLOMBO (Reuters) -The International Monetary Fund did not reach a staff-level agreement with Sri Lanka in its first review under a $2.9 billion bailout package, due to a potential…
Hedge funds boost bearish bets on US equities amid market jitters
By Carolina Mandl NEW YORK (Reuters) – Hedge funds increased their bearish bets mainly on U.S. stocks last week when the major stock indexes plunged, Goldman Sachs showed in a report. The…
Annual “Guns ‘N Hoses” Football Game To Raise Funds for Breast Cancer Awareness
EAST BRUNSWICK, NJ – The East Brunswick PBA Local 145 and Superior Officers Association (PBA Local 145A) will compete against East Brunswick Firemen in an annual charity football game. The game aims…
US equity funds see biggest weekly outflow in four weeks
(Reuters) – U.S. equity funds suffered substantial outflows in the seven days to Sept. 20, hit by worries that the Federal Reserve would potentially extend the duration of its restrictive monetary policy.…
Global equity funds post big outflows on Fed policy concerns
(Reuters) – Global equity funds recorded massive outflows in the seven days ending Sept. 20 on concerns that the Federal Reserve might maintain its tighter monetary policy for longer to curb inflation.…
French far-right leader Le Pen should stand trial for alleged misuse of EU funds – Prosecutor
By Juliette Jabkhiro and Elizabeth Pineau PARIS (Reuters) -The Paris prosecutor’s office said on Friday that far-right leader Marine Le Pen and 23 other members of her party should stand trial over…
Dem Megadonor Funds Massive Campaign To Shut Down Key American Manufacturing Sector
Dem Megadonor Funds Massive Campaign To Shut Down Key American Manufacturing Sector Nick Pope on September 20, 2023 A Democratic megadonor is funding a large campaign to hamstring the American petrochemical manufacturing…
Hedge funds sell energy stocks, increase bearish bets – Goldman
By Carolina Mandl and Nell Mackenzie NEW YORK/LONDON (Reuters) – Hedge funds ditched energy stocks last week for the first time in three weeks, despite a rally in oil prices triggered by…
Rio Tinto shoulders Simandou iron ore bill as Chinese funds delayed – sources
By Clara Denina LONDON (Reuters) – Rio Tinto has been solely funding preparatory work at the blocks it holds at Simandou, one of the world’s largest untapped iron ore deposits, as its…
US equity funds see biggest weekly inflow in three months
(Reuters) – U.S. equity funds saw robust inflows after six straight weeks of outflows, on hopes that receding inflationary pressures would pause the Federal Reserve’s monetary tightening, while optimism over artificial intelligence…
Global equity funds draw big inflows as inflationary pressures ease
(Reuters) – Global equity funds attracted substantial inflows in the week ending Sept. 13, buoyed by hopes the Federal Reserve might halt its rate increases amidst easing inflationary concerns, potentially boosting risk…
Biggest hedge funds have doubled footprint in U.S. stocks since 2014- Goldman
By Nell Mackenzie and Carolina Mandl LONDON (Reuters) – The world’s five biggest hedge funds have doubled their footprint in the U.S. stock market through leverage and trading positions since 2014, according…
‘We Don’t Know’: Expert Tells GOP Rep Defendants Can’t Determine If CCP Funds Litigation That Disadvantages US
‘We Don’t Know’: Expert Tells GOP Rep Defendants Can’t Determine If CCP Funds Litigation That Disadvantages US Nick Pope on September 13, 2023 A legal expert suggested Wednesday that defendants in American…
US equity funds see outflows for sixth week in a row
(Reuters) – Investors withdrew from U.S. equity funds for a sixth successive week in the seven days to Sept. 6, in the wake of downbeat economic data from China and Europe, and…
Global money market funds attract biggest weekly inflows in three months
(Reuters) – Global money market funds attracted robust inflows in the week ended Sept. 6, as investors gravitated towards safer options amid concerns over slowing growth in China and Europe as well…
Global watchdog warns over ‘very high leverage’ in hedge funds
By Huw Jones LONDON (Reuters) – Leverage is now very high in parts of the $7 trillion hedge fund sector, G20 risk watchdog Financial Stability Board (FSB) warned on Wednesday, while noting…
Food Truck Festival Raises Funds for Kiwanis in Parsippany
PARSIPPANY, NJ – The third annual Parsippany Food Truck & Music Fest took place at Veterans Memorial Park, raising funds for the Kiwanis of Greater Parsippany. The event featured over 15 food…
Hedge funds drop short trades on U.S. regional banks – Goldman
By Nell Mackenzie LONDON (Reuters) – Hedge funds ditched short bets against U.S. regional banks as of the end of August and turned bullish on the broader U.S. financial sector, according to…
Australian regulator warns pension funds over unlisted company valuations after Canva slump
By Lewis Jackson SYDNEY (Reuters) – Australian pension funds need to improve how they value private equity, the sector’s regulator said on Monday after a review into the sector’s treatment of Canva,…
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