July 6, 2025

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Funds

State of Hawaii may hike its tax on tourists and vacationers for climate change fund

A new bill in Hawaii has passed the Senate in The Aloha State to raise the tourist tax in an effort to “reduce climate change.” Senate Bill 1396 aims to raise the tourist tax on hotels to 11% starting Jan. 1 — and it would then increase to 12% the following year, according to the text

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Trump proposes cutting funds for national parks, turning some over to states. See Florida sites

President Trump’s budget blueprint calls for $163 billion in spending cuts to non-military programs, including $1.2 billion for national parks, monuments, historic sites, seashores and trails. That’s about 25% of the park service’s budget of $4.8 billion. The 2026 budget plan also proposes turning some national park sites over to states, removing them from the

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Charleston County’s new program helps towns hit by storms

CHARLESTON — Charleston County is starting a new program to help homeowners whose homes were damaged by recent natural disasters. In February, the county received $928,000 in grant money from the S.C. Housing Trust Fund’s Disaster Assistance Program, which is designed to address housing recovery needs after extreme weather-related disasters. Anyone in living in the

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How is Karen Read paying her defense lawyers?

Before her second trial even began, accused murderer Karen Read told Vanity Fair she owed her attorneys more than $5 million in deferred fees. “If I can get the entire truth of this case out in the public forum, that, to me, is priceless,” the accused murderer told Vanity Fair. Read told Vanity Fair she’s living

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Active vs Passive Mutual Funds: Navigating the investment landscape in 2025

As Indian investors seek optimal strategies for wealth creation in 2025, the debate between active and passive mutual funds remains pivotal. Both approaches offer distinct advantages and challenges, influenced by market dynamics, regulatory shifts, and individual financial goals. In this article, we try to understand the strategies and how they can be beneficial for you.

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Minneapolis will end free pop-up vaccine clinics after rollback in federal funds

Translation services and the decision by health officials to avoid asking for any documentation made the clinics especially accessible to those without permanent legal status, amid heightened fears of immigration enforcement in recent months, said Rodolfo Gutierrez, HACER’s executive director. The more people that are immunized, the less vaccine-preventable diseases will spread. The loss of

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Slashed federal funds shake up New York state museums’ plans the future

Historical institutions in New York state are feeling the effects of the Trump administration’s efforts to cut federal spending. The Iroquois Museum in Howes Cave was founded in 1981. It mixes contemporary Iroquois art with archeological artifacts to create its exhibits. The Native American alliance has a long history in this part of New York.

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ETFs vs Index Funds: Which is Better?

Passive investing has gained significant traction among Indian investors, largely because of low costs. Exchange Traded Funds (ETFs) and index funds constitute the two main passive investment vehicles. Both replicate the performance of benchmark indices. Since these funds replicate the same companies and weightings as the indices they follow, they require little active management resulting

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Maine settles lawsuit against USDA over $3 million in school funds

Attorney General Aaron Frey and Gov. Janet Mills discuss on Friday Maine’s settlement with the U.S. Department of Agriculture over school nutrition funds that were withheld because of alleged Title IX violations. Anna Chadwick/Morning Sentinel The U.S. Department of Agriculture and Maine have reached a settlement in a lawsuit over the agency’s decision to freeze

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Trump budget suggests eliminating some CDFI funds

WASHINGTON — The White House’s proposed budget pitches eliminating Community Development Financial Institution Fund’s discretionary awards.  In President Donald Trump’s proposed budget, the White House said that past awards have “made race a determinant of access to loan programs to ‘advance racial equity,’ funded products and services that built so-called climate resiliency,’ and framed American

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