Latest News About «funds»:

    By BECKY BOHRER, Associated Press JUNEAU, Alaska (AP) — A state court judge Friday denied a request by a Juneau man to block distribution of federal coronavirus relief aid under a reinterpretation of program rules by Gov. Mike Dunleavys administration. Superior Court Judge Philip Pallenberg, in a written ruling, said Eric Forrer had not shown a “clear probability of success” on the merits in his underlying case. Even if Forrer had, Pallenberg wrote he would not have blocked disbursement of...
    JPMorgan Chase’s closest local rival in the race to lend out US coronavirus loans wasn’t Citigroup or BNY Mellon — it was a tiny, tech-savvy lender based in New Jersey. Jamie Dimon’s megabank handed out nearly $29 billion of government money to small businesses during the throes of the pandemic shutdown — the most of any US bank — and bagged an estimated $864 million in fees. But Cross River Bank of Fort Lee, NJ, with net assets of...
    Minneapolis Mayor Jacob Frey presented a plan to patch a more than $155 million revenue gap using furloughs, cash reserves and spending freezes. The deficit followed the COVID-19 pandemic and riots in the wake of George Floyd’s death in police custody, which combined brought a steep drop in parking, utilities and general revenue. “This unprecedented time calls for an unprecedented approach to our budget,” Frey told the City Council Thursday. The city saved $58 million from a...
    JPMorgan Chase’s closest local rival in the race to lend out US coronavirus loans wasn’t Citigroup or BNY Mellon — it was a tiny, tech-savvy lender based in New Jersey. Jamie Dimon’s megabank handed out nearly $29 billion of government money to small businesses during the throes of the pandemic shutdown — the most of any US bank — and bagged an estimated $864 million in fees. But Cross River Bank of Fort Lee, NJ, with net assets of just...
    WASHINGTON (AP) — The Federal Reserve said Friday that it purchased $1.3 billion in corporate bonds in late June as part of its effort to keep U.S. interest rates low and ensure large companies can borrow by selling bonds. The Fed bought bonds issued by several hundred large companies, including AT&T, PepsiCo, and Berkshire Hathaway, the conglomerate controlled by billionaire Warren Buffett. Combined with purchases from earlier in the month, the Fed has bought nearly $1.8 billion in corporate...
    Video: Ak & Barak: Will we see Canelo Alvarez-GGG III? You Can Get an 8-Foot Motorized Inflatable Boat to Cruise the Water in Style CDs vs. saving accounts: Which are better for you? Making the decision to commit to a savings plan is a great step toward building a bright financial future. Once youve decided to move forward with your savings goals, its time to choose where you want to stash this cash. © Rawpixel.com/Shutterstock A man researches on...
    While Chicago and Illinois counties with half a million people or more get to control most of nearly $5 billion in federal funds amid COVID-19 relief efforts, a group of associations said Thursday the Pritzker administration is taking such control away from other local governments. The funding battle comes as one business owner said hes running thin. Downtown Springfield restaurateur Peter Praia opened Di Piero’s on the plaza of the Old State Capitol a number of weeks before...
    U.S. pension funds underwrite slave labor in China via investment in Chinese companies, Rick Manning, president of Americans for Limited Government, said on Thursday’s edition of SiriusXM’s Breitbart News Tonight with host Rebecca Mansour and special guest host John Hayward. Manning said the Trump administration is contemplating an end to the Thrift Savings Plan’s (TSP) investment in Chinese firms. The TSP is administered by the Federal Retirement Thrift Investment Board (FRTIB), a federal agency, and is a defined contribution plan for...
    VIDEO7:4807:48Unpacking leveraged and inverse ETFs with two industry prosETF Edge Are leveraged and inverse exchange-traded funds worth the risk? As investors flock to the stock market and the ETF industry in this period of historically low interest rates, issuers are hoping buyers do their homework before jumping into some of these complex strategies. Leveraged and inverse ETFs both use financial derivatives in their underlying constructs. Leveraged ETFs use derivatives and debt to multiply the returns of their underlying indexes, tracking...
    Mackenzie Tour announces 4-event series in Canada Theres a Reason You Get More Acne Scars in the Summer CDs vs. money market accounts: Which is best for you? When youre building your savings, it is important to choose the best account for your situation. You want an account with a competitive interest rate that will grow your savings, but also one that will give you the right amount of accessibility to your money if you need it. © ProStockStudio/Shutterstock....
    NEW YORK – The U.S. Roman Catholic Church used a special and unprecedented exemption from federal rules to amass at least $1.4 billion in taxpayer-backed coronavirus aid, with many millions going to dioceses that have paid huge settlements or sought bankruptcy protection because of clergy sexual abuse cover-ups. The church’s haul may have reached -- or even exceeded -- $3.5 billion, making a global religious institution with more than a billion followers among the biggest winners in the U.S. government’s pandemic relief...
    By REESE DUNKLIN and MICHAEL REZENDES NEW YORK (AP) — The U.S. Roman Catholic Church used a special and unprecedented exemption from federal rules to amass at least $1.4 billion in taxpayer-backed coronavirus aid, with many millions going to dioceses that have paid huge settlements or sought bankruptcy protection because of clergy sexual abuse cover-ups. The church’s haul may have reached — or even exceeded — $3.5 billion, making a global religious institution with more than a billion followers among...
    President Trump on Friday slammed “virtual learning,” claiming it has “proven to be terrible,” amid his push to reopen schools across the nation this fall. He suggested federal funding for schools could be cut if they plan to keep students home due to coronavirus closures. “Now that we have witnessed it on a large scale basis, and firsthand, Virtual Learning has proven to be TERRIBLE compared to School, or on Campus, Learning,” Trump tweeted early Friday. “Not even close! Schools...
    Getty In line with President Trump, a “giant” and “dramatic” second spherical of COVID-19 stimulus funds is deliberate, and shall be part of a stimulus package deal proposed by the Trump administration sooner or later in July. Trump has additionally promised that the funds will come “very quickly,” however he hasn’t given specifics. Along with the president’s many feedback indicating his assist for a second spherical of stimulus funds, different senior White Home...
    Why do we love sports? These are our — and your — best memories of that first spark Is This Generation of Kids Having a Full-On ‘70s Summer? Hedge fund index dampens Chinese zeal for long-only bets SHANGHAI (Reuters) - As Chinese individuals scramble into the countrys boiling stock market through long-only mutual funds, a newly-launched fund index shows how investment marathoners with risk-hedging tools can win out in Chinas roller-coaster markets. © Reuters/ALY SONG Men wearing face masks...
    The president of the European Council Charles Michel proposed Friday to establish the budget 2021-2027 of the EU to 1.074 billion euros, slightly down compared to his proposal of last February (1.094 billion), but to preserve the fund post-coronavirus stimulus to 750 billion euros, in accordance with the allocation key between loans and subsidies proposed by the Commission. This decline in the multi-year budget aims to seduce the “four frugal” that are the Netherlands, Sweden, Austria and Denmark, more...
    Elon MuskJoe Skipper | Reuters Wall Streets most controversial stock may be about to go mainstream. Tesla appears on the verge of joining the S&P 500, a major accomplishment for Chief Executive Officer Elon Musk that would unleash a flood of new demand for the electric car makers shares, which have already surged 500% over the past year. Higher-than-expected second-quarter vehicle deliveries, announced last week, have analysts increasingly confident the company will show a profit in its quarterly report on...
    Roger Sollenberger July 10, 2020 10:00AM (UTC) Alex Brady and Serena Tara contributed to this report. Charter schools across the country tapped the federal Paycheck Protection Program (PPP) for what could have been more  than $1 billion, according to a preliminary analysis of Treasury Department data. One network alone, the Knowledge Is Power Program (KIPP), appears to have pulled somewhere between $28 million and $69 million in taxpayer dollars. : Another network of publicly-funded, privately-run schools, Achievement First, appears to have taken in between $7 million and $17...
    Report: Steve Cohen makes $2 billion offer to purchase Mets This Lightweight Nightgown Is So Comfortable, Amazon Shoppers Are Throwing Away Their Other PJs China State Funds Start Selling in Warning Sign for Stock Rally (Bloomberg) -- Chinese megacap shares fell Friday after two state-backed funds trimmed their holdings in a sign that the government wants to slow down the rally. Load Error People’s Insurance Company (Group) of China Ltd., which had become a poster child of the...
    By Samuel Shen and Emily Chow SHANGHAI (Reuters) - Peoples Insurance Co (Group) of China (PICC) and three China-listed tech companies said their major state shareholders plan to reduce holdings - a move that comes amid a torrid bull run in Chinas stock market. The bull run, encouraged by state media, has been fuelled by signs of an early economic recovery for China from the coronavirus, capital market reforms and accelerating inflows of foreign funds. PICCs second-biggest shareholder, Chinas National...
    Looking to pick up a few NSFW visual novels during quarantine? A new itch.io bundle is offering over a dozen 18+ games on sale for just $10 as part of a Black Lives Matter fundraiser supporting Black trans people. The Visual Novel Romance Collection for Black Trans Lives offers 14 games in total, most of which are queer adult visual novels. The titles offered include Christine Love’s lesbian BDSM game Ladykiller in a Bind, Pillow Fight’s immensely popular queer visual...
    SAN ANTONIO – A pilot program that began as a way to boost small business development on the West Side became a financial lifeline for micro-businesses there, when the Covid-19 pandemic began spreading throughout the city of San Antonio. “When Covid-19 hit, we knew that we needed to redirect the funds to small businesses directly,” said Shirley Gonzales, who represents District 5 on City Council. Gonzales said many of the mom-and-pop establishments, micro-businesses with five or fewer employees, that are...
    Robert De Niro says he’s working out of dinero. The coronavirus dealt an enormous monetary blow to the actor’s funds he revealed in courtroom, as his estranged spouse requested for an emergency order to boost her month-to-month American Categorical card credit score restrict from $50,000 to $100,000. The “Irishman” actor appeared by cellphone on a Skype name in his Manhattan divorce case with Grace Hightower as her lawyer advised a decide that De Niro unfairly minimize her month-to-month Am-Ex...
    Attorney General William BarrBill BarrOVERNIGHT DEFENSE: Key impeachment witness retires | Duckworth presses for information | Subpanel advances defense measure | Democrats press for end to military transgender ban DOJ to resume executions next week for first time in 15 years Tim Scott says hes talking with House Democrats about reviving police reform bill MORE said cities should not divest funds from the police, but rather increase their investments in law enforcement as police officers are asked to tackle a...
    Still testing positive, Frittelli among 3 back to work The 7 Best Color Correctors to Hide Dark Under-Eye Circles, According to Thousands of Reviews Bitfinex Must Face N.Y. Suit Over $800 Million in Lost Funds (Bloomberg) -- The cryptocurrency exchange Bitfinex must face claims by New York state that it hid the loss of commingled client and corporate funds, a state appeals court ruled Thursday. Load Error Companies connected to Bitfinex are accused by New York Attorney General...