In the final day of the session, state lawmakers agreed to provide about $4.5 million to Maine’s homeless shelter network. Shelter operators had been advocating for a permanent increase in Maine’s shelter bed reimbursement rate, which hasn’t been raised in nearly decade. But the Legislature instead agreed to provide a one-time infusion to help struggling
For the first time, a group of Arapahoe County residents will provide input to county commissioners on how to spend voter-approved funds. The newly formed Resident Advisory Committee just had its first meeting Wednesday night with county leaders. In November, Arapahoe County voters passed Ballot Measure 1A, which removed TABOR spending limits by the county,
If elected mayor of New York City, Democrat candidate Zohran Mamdani is pledging to spend $65 million in city funds on “gender-affirming care” and vows to penalize any hospital that declines to do the surgeries. Mamdani also plans to establish a city Office of LGBTQIA+ Affairs to provide $87 million in funding that would include
Updated June 25, 2025 at 7:27 PM CDT Democrats and Republicans on the Senate Appropriations Committee pushed back against the Trump administration’s bid to kill $9 billion in federal funding that Congress already has approved for public broadcasting and international aid programs. In President Trump’s request to Congress, sent last month, he justified the cuts
The Securities and Exchange Board of India (SEBI) has issued a circular to clarify the application of rebalancing rules for passive breaches in actively managed mutual fund schemes. These breaches occur when a fund’s investments exceed allowed limits due to factors beyond the control of fund managers, such as price fluctuations or large redemptions. SEBI’s
The latest withdrawals mark a sharp reversal from the average inflows of $20 billion seen over the past 12 quarters. The shift suggests growing discomfort with the long-term fiscal trajectory of the United States read more Investors are rapidly exiting long-term US bond funds at the fastest pace since the Covid-19 pandemic, as concerns mount
Jonny Manning BBC News, North East and Cumbria Google The new cancer institute will be built next to the existing Northern Centre for Cancer Care at the Freeman Hospital A new £30m cancer research centre is set to be built in the North East, to enable more people to take part in clinical trials. The
In 2025, both Nifty 50 and BSE Sensex hovered close to highs but with high volatility. We have also seen a divergence in the performance of stocks from different sectors. Under these circumstances, mutual fund investors are looking beyond classic diversified equity strategies. There is a lot of focus on opportunities in various sectoral and
From left, West Virginia Gov. Patrick Morrisey speaks during the announcement of grants for water and sewer projects, joined by state Del. Bob Fehrenbacher Wednesday in Parkersburg City Council chambers. (Photo by Gwen Sour) West Virginia State Sen. Mike Azinger, R-Wood, left, thanks the state for working on infrastructure projects in the region during a
Are you planning to invest in relatively-safe debt schemes to take care of your near-term goals? Or are you searching for ‘relatively safe’ debt funds to invest for three years or more? If your answer is yes, you can consider investing in corporate bond funds in June 2025. These schemes invest at least 80% of