March 15, 2025

economics

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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Mortgage

Mortgage Applications Decreased in Weekly Survey

by Calculated Risk on 7/03/2024 07:00:00 AM From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications decreased 2.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending June 28, 2024. The Market Composite Index, a measure of mortgage loan

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Funds

Who funds conservative climate groups

A surprising coalition of philanthropists, including liberal donors, is supporting conservative climate change initiatives to foster bipartisan solutions. Timothy Cama and Kelsey Brugger report for E&E News. In short: Philanthropic donors like the Gates’ Breakthrough Energy Foundation and the MacArthur Foundation are funding both liberal and conservative climate groups. Conservative groups such as Citizens for

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Investment

Should the Committee on Foreign Investment in the U.S.  be Monitoring Commonwealth Fusion Systems?

The Committee on Foreign Investment in the United States (CFIUS) has its genesis in the Foreign Investment and National Security Act (FINSA) of 2007.  CFIUS is an interagency committee authorized to review certain transactions involving foreign investment in the United States and certain real estate transactions by foreign persons, in order to determine the effect

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Investment

Somerset County pension fund, investments growing with strong economy | Local News

SOMERSET, Pa. – A strong economy has boosted Somerset County’s retirement fund to new heights, the Somerset County commissioners were told this week. The U.S. stock market’s top equity barometer, the S&P 500 index, delivered its strongest performance since 2012 in the two quarters that ended March 31, said Shane Nickolich, senior vice president for

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Investment

Somerset County pension fund, investments growing with strong economy | News

SOMERSET, Pa. – A strong economy has boosted Somerset County’s retirement fund to new heights, the Somerset County commissioners were told this week. The U.S. stock market’s top equity barometer, the S&P 500 index, delivered its strongest performance since 2012 in the two quarters that ended March 31, said Shane Nickolich, senior vice president for

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Funds

Advocacy group asks Congress for $377M increase in funds for the FDA

The U.S. Food and Drug Administration (FDA) needs more funding to strengthen its regulatory authority and speed up approval operations, a nonprofit advocacy group said in a letter sent to Congress.  In its message, the Alliance for a Stronger FDA—which represents over 150 patient and consumer advocacy organizations—urged Congress to increase the budget of the

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Investment

The effects of corporate investment and public grants on climate and energy startup outcomes

Net Zero Roadmap: A Global Pathway to Keep the 1.5 °C Goal in Reach; (IEA, 2023); https://iea.blob.core.windows.net/assets/d954f15d-36c5-41b9-a693-9b74daef59cc/NetZeroRoadmap_AGlobalPathwaytoKeepthe1.5CGoalinReach-2023Update.pdf Gaddy, B. E., Sivaram, V., Jones, T. B. & Wayman, L. Venture capital and cleantech: the wrong model for energy innovation. Energy Policy 102, 385–395 (2017). Article  Google Scholar  Doblinger, C., Surana, K. & Anadon, L. D. Governments as

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