July 3, 2025

Funds

Funds

Ombudsman directs VP Sara, 9 others to answer confidential funds raps

The Office of the Ombudsman has directed Vice President Sara Duterte and nine others from the Department of Education and Office of the Vice President to respond to the charges filed by the House of Representatives in connection with the alleged misuse of confidential funds.  In an order issued on Thursday and furnished to GMA

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Funds

How To Gift Funds In Retirement Like Warren Buffett

How can you gift funds in retirement like Warren Buffett? (Photo by Bonnie Schiffman) Getty Images Warren Buffett isn’t just known for his investing acumen—he’s also a model for thoughtful giving. For retirees considering how to share their wealth, Buffett’s approach offers valuable lessons. Gifting funds in retirement, when done strategically, can support loved ones

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Funds

Questions Swirl As Oregon Legislature Passes $800 Million MLB Ballpark Funds

Rendering of a possible waterfront ballpark south of downtown Portland. Portland Diamond Project The Oregon Legislature signed off on a bill that would cap funding at $800 million for a potential Major League ballpark in Portland. With total costs likely to be at or exceeding $2 billion, and additional expansion fees, many outstanding questions remain

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Funds

New Self-Employment Tax Risks For U.S. Investors In Global Funds

A new Tax Court ruling is a warning for U.S. limited partners in global funds, imposing new … More self-employment (SECA) tax risks. U.S. limited partners in foreign funds like Cayman or Luxembourg partnerships must ensure passive roles to avoid costly SECA tax liabilities. getty The U.S. Tax Court decided Soroban Capital Partners LP v.

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Funds

GovRecover Reaches $16.2M in Forgotten Funds Recovered, Disrupting One of America’s Most Overlooked Financial Gaps-One Dollar at a Time

Georgia-Based Startup is Redefining How Everyday Americans Reclaim Forgotten Assets from Institutions That Lost Touch ATLANTA, GA / ACCESS Newswire / June 17, 2025 / GovRecover, a licensed, tech-enabled asset recovery service, announced today it has surpassed $16.2 million in recovered funds-less than a year after its founding in June 2024. Making a meaningful difference

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Funds

April Was The Test: Hedge Funds Passed

Steven Brod, CEO and CIO of Crystal Capital Partners, LLC, a portfolio-centric alternative investment platform for financial advisors. getty Hedge funds aim to provide downside protection and returns less correlated with traditional markets, especially during market stress and downturns. As investors debate what the second half of the year will hold, one thing is clear:

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Funds

Funds being raised for police chief | News, Sports, Jobs

Jeff Hansen ESCANABA — Drifters Restaurant in Escanaba is collecting money for the family of Jeff Hansen, chief of the Hannahville Tribal Police Department, who recently had surgery to remove a cancerous brain tumor and will soon be undergoing chemotherapy and radiation at University of Michigan. Owner Liza Plourde of Drifters is a friend of

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Funds

City dry on fire truck funds | News, Sports, Jobs

City of Dunkirk officials bought two fire trucks in 2023 that “were never really budgeted for.” The city of Dunkirk currently has no obvious way to pay for two new fire trucks that are supposed to get delivered in September. “There were two fire trucks bought in 2023 that were never really budgeted for,” City

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Funds

Judge orders NIH to restore research funds terminated using political, not scientific criteria

A federal judge in Boston ordered the National Institutes of Health to restore billions of federal research dollars terminated in recent months by the Trump administration. Judge William Young said the rationale for terminating grants that included studies of racial minorities, gender identity, read as discrimination. He told the NIH to resume funding for those

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Funds

Watchdog finds Trump administration broke law by withholding library funds

It is the second time the nonpartisan Government Accountability Office has found the administration illegally impounded funds. WASHINGTON — The Trump administration broke the law when it withheld funding for the nation’s libraries, a nonpartisan government watchdog said Monday, a finding that inches the White House another step closer to a legal showdown over its

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