Editor’s note: The following is a monthly column provided to us courtesy of the Rutland City TIF Task Force. The cost of living in Vermont continues to rise, especially in communities with greater affordability challenges but with fewer resources to invest in major infrastructure projects necessary to address those needs. A recent bill that passed
Lawmakers removed a measure that would have diverted $93 million in funding from counties to the Met Council from the transportation funding bill Monday during the Legislature’s special session. Under 2023 legislation metro area counties have received 17% of funds derived from a three-fourth cent regional transportation sales tax, with the remaining 83% going to
SELAH — In the past few years, Brian Harris has spent some hot, and windy, and rainy days temporarily living in a large dog kennel outside his business, Brian Harris Used Cars. But nothing has stopped him from this fundraiser in memory of his daughter, Emily Harris. He stepped into the chain-link kennel on Sunday
(Texas Scorecard) – Millions in private donations are expected to cover a new Houston Police Department training center that will offer officers state-of-the-art preparation tools. Construction crews are preparing to break ground on a new Houston Police Department training facility designed to bolster both recruitment and year-round officer readiness. The state-of-the-art complex, located near George Bush Intercontinental
Hedge funds are increasingly turning to private markets to boost returns—extending well beyond well-known players like Tiger Global and D1 Capital, which have long operated in the sector. A new research report from prime broker IG Prime, released Monday, shows that 70 percent of hedge funds are now investing in private equity, private credit, and
A tectonic shift is underway in the asset-management industry, as investor disinterest in traditional mutual funds shows no signs of slowing. Instead, capital is pouring into exchange-traded funds (ETFs), favored for their flexibility, lower fees and tax advantages, forcing legacy players like Vanguard and BlackRock Inc. BLK to adapt. The $11 trillion U.S. ETF market
Investors poured their assets into money market funds earlier this month — over $66 billion worth over a week, according to Reuters. That’s the largest inflow since early December 2024. At a moment when stocks and bonds are seeing plenty of volatility, money market accounts can be a relatively safe haven for investors. Money market
Two major asset management companies—Mirae Asset and Edelweiss AMC—have launched new brands to offer Specialised Investment Funds (SIFs). Mirae’s “Platinum SIF” and Edelweiss’ “Altiva” aim to provide investors with sharper, theme-based portfolios. The new product class follows SEBI’s regulatory push for more flexible structures between mutual funds (MFs) and portfolio management services (PMS). But what
Institutions, both domestic and foreign, queued up to buy shares of Bajaj Finance-parent Bajaj Finserv Ltd. in its block deal that took place on Friday, June 6. Domestic funds ranging from SBI MF to HDFC MF, and global funds from Morgan Stanley to BofA Securities to Goldman Sachs, were all buyers in the Bajaj Finserv
During Memorial Day weekend last month, hundreds of people gathered at the Colorado Freedom Memorial in Aurora to honor the 80th anniversary of World War II. At the annual celebration that’s been happening for more than a decade, six WWII vets came out and received thanks from the crowd. Now that the “Colorado Remembers” celebration