March 15, 2025

economic policy

Loans

Brightpoint wins $2.5M of Fort Wayne’s Legacy Fund to loan to small businesses | News

FORT WAYNE, Ind. (WFFT) — Fort Wayne City Council granted Brightpoint $2.5 million for its Small Business Loan Project Tuesday. That money will come out of the City’s Legacy Fund, which is meant to invest in transformational projects across the city. As of December 31, 2023, the account holds $36,674,431. The Legacy Joint Funding Committee originally

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Funds

Opioid settlement tracking system still to come, but only for funds distributed by First Foundation | West Virginia

A tracking system for opioid settlement dollars allocated by the West Virginia First Foundation is on its way, though it’s still unclear when it will launch, according to State Auditor J.B. McCuskey. To date, no money has been distributed by the First Foundation, which was created last year as a private nonprofit to oversee the

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Investors

Gold set for second weekly fall; U.S. payrolls on investors’ radar

An employee handles one kilogram gold bullions at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday, Dec. 22, 2023.  Chalinee Thirasupa | Bloomberg | Getty Images Gold prices were poised for a second straight weekly decline, although bullion held steady on Friday as investors remained cautious ahead of the U.S. non-farm payrolls

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Finance

Japan’s finance minister says ‘speculative’ moves in currency market impacting yen

The yen has been on a downtrend despite the BOJ’s decision on March 19 to end eight years of negative interest rates. Natanael Ginting | Istock | Getty Images Japanese Finance Minister Shunichi Suzuki said on Monday there were some speculative moves in the currency market that did not reflect economic fundamentals, repeating his warning against excessive yen declines. “We will watch currency market developments

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