June 8, 2025

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Funds

20 Democratic attorneys general sue Trump administration over conditions placed on federal funds

On April 24, states received letters from the Department of Transportation stating that they must cooperate on immigration efforts and eliminate diversity, equity and inclusion programs or risk losing funds. New Jersey Attorney General Matthew Platkin criticized the timing of Duffy’s letter when Newark’s airport struggles with radar outages and other issues. ”I wish the

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20 states sue Trump administration over conditions on federal transportation, disaster-relief funds

A coalition of 20 state Democratic attorneys general filed two federal lawsuits on Tuesday, claiming that the Trump administration is threatening to withhold billions of dollars in transportation and disaster-relief funds unless states agree to certain immigration enforcement actions. According to the complaints, both Secretary of Homeland Security Kristi Noem and Transportation Secretary Sean Duffy

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Neronha co-leads lawsuits against DHS, DOT for illegal conditions placed in federal funds

(WJAR) — Rhode Island Attorney General Peter Neronha announced he is co-leading a coalition of attorneys general in two lawsuits against the Trump administration agencies. According to Neronha, the lawsuit claims the administration is illegally imposing immigration conditions on billions of federal funding appropriated by Congress to support emergency services and infrastructure projects. The coalition

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Pension funds resist Reeves’ ‘backstop’ plan to force UK investment

Stay informed with free updates Simply sign up to the Pensions industry myFT Digest — delivered directly to your inbox. Rachel Reeves faced resistance from pension funds on Tuesday over plans that would give ministers a “backstop” power to force them to honour a new voluntary pact to invest up to £50bn in private assets.

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Mutual Fund Taxation Explained: STCG, LTCG, And How Different Funds Are Taxed

Mutual fund investments have become a go-to choice for many Indians looking to build wealth over time through systematic investment plans (SIPs), lump-sum entries, or goal-based strategies. According to the Association of Mutual Funds in India (AMFI), the industry’s assets under management (AUM) have grown from ₹27 lakh crore in February 2020 to over ₹64

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Underfunded school districts worry about future gap funds | News, Sports, Jobs

Matt Smith / For Spotlight PA A room for Scranton’s STEMM program is seen in April 2025. SCRANTON — When Pennsylvania began sending hundreds of millions of dollars to its most underfunded public school districts last year, Erin Keating realized hers might finally get some breathing room. Keating is the superintendent

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UK unveils ‘backstop’ plan to force pension funds to invest in private assets

Stay informed with free updates Simply sign up to the Pensions industry myFT Digest — delivered directly to your inbox. Rachel Reeves will on Tuesday set out contentious “backstop” plans to force large pension funds to invest up to £50bn in private assets if they fail to meet voluntary targets in a new “Mansion House

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Haiti anti-corruption unit uncovers nearly $2M in embezzled public funds

Overview: In a report published Thursday, Haiti’s Anti-Corruption Unit (ULCC) revealed major embezzlement cases involving former officials from the Office of Citizen Protection (OPC), Office of Work-Related Accidents, Sickness and Maternity Insurance (OFATMA) and the Immigration and Emigration Office, totaling over $987,000 in public losses. Renan Hédouville (OPC) is accused of fictitious trips, Carl François

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KPG Funds Brings Los Angeles Apparel to Soho

Soho is thousands of miles away from the City of Angels, but it will soon be home to an apparel company based on the other side of the country. KPG Funds signed Los Angeles Apparel to a 25,000-square-foot lease at 480 Broadway, the New York Post reported. The clothing company will be making its first

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Funds

State Lawmakers Call on Congress to Defund Planned Parenthood

More than 180 pro-life state legislators from 49 states have sent a letter to congressional leaders urging them to end Planned Parenthood’s receipt of federal funds. The letter comes as Congress is considering restricting, through the budget reconciliation process, federal dollars from going to the nation’s largest abortion provider. “We’re absolutely making it clear to

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