August 13, 2025

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President Trump’s actions in Los Angeles spur debate over deportation funds in his ‘big, beautiful’ bill

President Donald Trump’s “big, beautiful bill” includes more than tax breaks and spending cuts — it also seeks to pour billions of dollars into his mass deportation agenda. WASHINGTON (AP) — President Donald Trump’s “big, beautiful bill” in Congress includes more than tax breaks and spending cuts — it also seeks to pour billions of

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How Universities Became Financial Stakeholders In The Prison Economy

Nashville, Tennessee USA – May 10, 2022: Entrance sign to the private research school Vanderbilt … More University located in the west end district getty The private prison industry did not emerge fully formed from a corporate boardroom. It was seeded quietly, often indirectly, by capital from university endowments. American universities, as institutional investors, have

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Primary care; RIPTA; ‘Taylor Swift tax’

House Speaker Shekarchi describes priorities in new $14.3B RI budget House Speaker K. Joseph Shekarchi describes the priorities in new $14.3B state budget Rhode Island House Democrats proposed a $14.3 billion budget that increases health care funding without raising income taxes on the wealthy. The budget includes a tax on second homes valued over $1

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Could California really withhold tax money from the US if President Trump cuts federal funds?

As the Trump administration considers cutting federal funds to California, Gov. Newsom and other officials suggest withholding taxes from the federal government. This story was originally published by CalMatters. Sign up for their newsletters. Gov. Gavin Newsom suggested last week that California may withhold taxes it pays to the United States if President Donald Trump

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Utah gets approval to ban soda purchases with SNAP funds

SALT LAKE CITY — U.S. Agriculture Secretary Brooke Rollins and Health & Human Services Secretary Robert F. Kennedy Jr. have approved Utah’s request to ban the purchase of soda pop with SNAP funds. The waivers, sought by the state of Utah after a bill was passed in the legislature, were granted late Tuesday. Effective 2026,

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Hong Kong funds plan to cut Treasuries if US loses AAA score: sources

[HONG KONG] Hong Kong’s pension fund managers have formed a preliminary plan to sell down their Treasury holdings within as soon as three months if the US loses its last recognised top credit rating, according to people familiar with the matter. Industry groups including the Hong Kong Investment Funds Association and the Hong Kong Trustees’

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KPG Funds’ Le Gallerie Office Building Reaches for a Condo Vibe – Commercial Observer

KPG Funds alleges it developed a new boutique office building known as Le Gallerie at 134 West 14th Street, but you’d have doubts after walking into the seven-story West Village property. Instead, you’d think you were actually inside a luxury condominium. After all, how many employees can say their office space comes with a residential-style

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Group lauds House panel’s call for charges vs. Sara Duterte over confi funds

The Alliance of Concerned Teachers (ACT) expressed support Wednesday for a House committee’s recommendation to file charges against Vice President Sara Duterte and other officials over the alleged misuse of confidential funds in the Office of the Vice President (OVP) and the Department of Education (DepEd). In a statement on Wednesday, ACT described the report

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Here’s what many investors miss

According to DSP Mutual Fund, within the FoF space, three types have stood out in terms of investor preference: Income plus Arbitrage FoF: This FoF invests in a mix of arbitrage and debt funds, keeping debt exposure below 65%. Thanks to this structure, it qualifies for equity-like taxation, where long-term capital gains after two years are taxed at just 12.5% (plus surcharge

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Funds

Trump’s actions in Los Angeles spur debate over deportation funds in his ‘big, beautiful’ bill

WASHINGTON (AP) — President Donald Trump’s “big, beautiful bill” in Congress includes more than tax breaks and spending cuts — it also seeks to pour billions of dollars into the administration’s mass deportation agenda. Republican leaders capitalized Tuesday on the demonstrations in Los Angeles, where people are protesting Trump’s immigration raids at Home Depot and

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