June 7, 2025

Funds

Funds

CSCU profs ask to tap into $635M reserves; Regents noncommittal

With jobs on the line as state funding tightens, a group of faculty members from the state’s public universities went to a Connecticut State Colleges and Universities’ Board of Regents meeting Wednesday morning, hoping to convince them to use its multimillion-dollar reserve funds to directly fund teaching in the classrooms. But they got no guarantees,

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Markets wobble, funds pivot: Why smart investors are dumping multi caps for flexi caps

The correction in Indian equities since September 2024 has unsettled many retail investors. Triggered by a mix of geopolitical tensions and trade-related uncertainties, the markets have seen a broad-based decline. In such volatile times, whether investing directly in stocks or through mutual funds, the emphasis on research, risk assessment, and diversification becomes even more crucial.

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Target-Date Funds Aren’t For Everyone

Target-date funds are a preferred retirement savings vehicle for many Americans, reaching $4 trillion in assets in 2024. For good reasons: With a target-date fund you get access to a diversified portfolio that changes as your risk does. Plus, you can set it and forget. During recent market turmoil, target-date funds proved their mettle. Between

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NEA cut funds to focus on ‘AI competency.’ This SMU AI project lost funds anyway

On May 2, Jennifer Benoit-Bryan opened a distressing email. “The National Endowment for the Arts will no longer offer award funding for the project … ” Benoit-Bryan, director at Southern Methodist University DataArts, said the research center for the arts will now need to put the AI project on hold indefinitely. The project focuses on

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SC state police not probing 4 clerks for taking federal cash

A year after a Post and Courier investigation revealed that six clerks of court across South Carolina paid themselves with federal money marked for efforts to recover child support payments, criminal charges have been filed against one. So far, however, the others seem to have escaped similar scrutiny. The State Law Enforcement Division previously opened

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Metro Schools face tough budget decisions amid rising costs and shrinking funds

NASHVILLE, Tenn. (WZTV) — Superintendent Dr. Adrienne Battle and her team presented their proposed $1.4 billion budget to Metro Council this week, marking a 13% increase from last year’s budget. But rising costs and shrinking resources are casting a shadow over the district’s financial outlook. One of the biggest concerns: health insurance. District leaders say

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Gaming Commission grants Western Mass $3.2 million in casino mitigation funds

A panoramic view of slot machines at the MGM Springfield casino. (Don Treeger / The Republican) 8/9/2023 SPRINGFIELD — The Massachusetts Gaming Commission granted Tuesday more than $3.2 million in community mitigation funds for Western Massachusetts. Grants include $200,000 for the Pioneer Valley Planning Commission to do a traffic study on the impact of cars

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Trump threatens funding cut to California over transgender athletes

Justice Department sues Maine over transgender athletes Attorney General Pam Bondi announced a lawsuit against Maine’s Department of Education over the state’s refusal to ban transgender athletes. President Donald Trump took aim at California, saying the state “illegally” allows men to play in women’s sports, referring to a transgender female student athlete in the state.

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Trump threatens to cut funds over trans athlete in California finals

REUTERS/KYLIE COOPER/FILE PHOTO People attend a Transgender Day of Visibility march and rally in New York City, on March 31. President Donald Trump threatened to withhold federal funding if California did not stop a transgender girl in high school from competing in state track and field finals, and said he would discuss it with Governor

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Judge blocks feds from withholding NY State funds in congestion pricing fight

A Manhattan federal judge issued a temporary restraining order Tuesday blocking the federal government from withholding funding from New York State in the ongoing battle over New York City’s congestion pricing. Judge Lewis Liman ruled early Tuesday afternoon that the order would be in place until 5 p.m. on June 9, and would enjoin the

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