Tag Archives: Funds

Brett Favre’s Mississippi welfare scandal keeps getting bigger. (Photo by Patrick McDermott/Getty Images) Throughout his Mississippi welfare fund scandal, Brett Favre has pleaded innocence or, at worst, ignorance. No, he didn’t just take the $1.1 million and run, he actually did record ads for the nonprofit involved. No, he had no idea that money came from a program intended to help needy families. No, he really did pay back the money (with no interest). A new report from Mississippi Today… Source link

AUSTIN, Texas — Investing in systemic change is vital to successfully diversifying the computer science education and workforce pipeline. In the first large contribution of private funds to support The University of Texas at Austin’s Expanding Computing Education Pathways (ECEP) Alliance, Google.org is providing grant support to ECEP to build additional capacity to broaden participation across the nation. “This is an investment in the success of future generations,”… Source link

The inflation challenge facing America’s governors has coincided with a somewhat opposite trend: state budgets that are flush following a period of better than expected tax revenues and ample coronavirus assistance from Washington, DC. Governor Glenn Youngkin (R-VA), one of many governors in that situation, says his budget forecast shows $15 billion more than expected — and that windfall can fight inflation, he said. The governor signed a budget this week with a mix of tax cuts and… Source link

Allan Sloan is a seven-time winner of the Loeb Award, business journalism’s highest honor. There are times when simple numbers tell a big story for investors — and this is one of them. Today’s numbers involve index funds: Mutual funds that seek to replicate market indicators like the Standard & Poor’s 500 Index or the Nasdaq market or the total U.S. stock market rather than try to outperform them. For the first time in history, retail investors’ index fund holdings exceed their… Source link

The Mississippi Department of Human Services has named Hall of Fame quarterback Brett Favre in a lawsuit seeking to recoup roughly $24 million in misspent welfare funds intended to combat poverty in one of the nation’s poorest states. The lawsuit filed on Monday seeks $3.2 million combined from Favre and Favre Enterprises, Inc. Favre is one of 38 defendants in the lawsuit that also names former pro wrestlers Brett and Ted DiBiase and their father Ted DiBiase Sr. aka “The Million Dollar… Source link

MOSCOW, March 4 (Reuters) – Russian internet giant Yandex on Friday warned that a trading suspension on its Nasdaq-listed shares could trigger a redemption right on a convertible bond that it does not have the resources to cover. Unprecedented Western sanctions over Moscow’s invasion of Ukraine have hammered Russia’s financial system and investors have dumped Russian assets from the rouble to bonds and stocks. Yandex said that a suspension of trading of its Class A shares on Nasdaq of more… Source link

As it’s been a rough ride for markets as of late, it’s important to know how investors can position themselves, given all the volatility. Dave Nadig, CIO and director of research at ETF Trends, joined the ETF Report on Yahoo Finance to discuss what’s going on so far in 2022, after a previous year featuring record inflows and what sectors look like the safest bets. As Nadig explains, after a previous year featuring nearly $900 billion in inflows, that may not be something repeatable,… Source link

Wall Street is getting more comfortable with crypto as regulation looms and investment-grade infrastructure shapes up for the emerging asset class, with more traditional hedge funds reporting plans to boost their exposures and get in on the digital asset boom. Nearly one-third of hedge fund managers plan to add crypto to their portfolios in the near future, according to firms surveyed by EY for a recent report on the global alternative fund industry. The report, which deemed digital assets an… Source link

New York’s $2.4 billion rental assistance fund has nearly run dry, prompting state officials to scramble for more federal funding to cover a backlog of thousands of applicants — and leaving cash-strapped tenants and landlords in limbo. Earlier this month, the Empire State made the surprise decision to halt new applications for its Emergency Rental Assistance Program (ERAP) program — an outgrowth of the controversial federal eviction moratorium that was ruled unconstitutional by the… Source link

The Insider Monkey team has completed processing the quarterly 13F filings for the June quarter submitted by the hedge funds and other money managers included in our extensive database. Most hedge fund investors experienced strong gains on the back of a strong market performance, which certainly propelled them to adjust their equity holdings so as to maintain the desired risk profile. As a result, the relevancy of these public filings and their content is indisputable, as they may reveal… Source link