July 30, 2025

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Funds

Lower Hudson NY after-school programs in danger as federal funds stop

President Trump’s big bill passes Senate with help from JD Vance President Donald Trump’s amended bill was narrowly passed by the Senate, with Vice President JD Vance’s vote breaking the 50-50 tie. The Trump administration may eliminate federal funding for the 21st Century Community Learning Centers, impacting after-school programs nationwide. The cuts will affect nearly

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Investors

What attack on Iran could mean for oil prices, inflation, US dollar

Suzanne McGee, Saqib Iqbal Ahmed and Lewis Krauskopf  |  Reuters U.S. enters Israeli-Iran conflict, attacks three nuclear sites in Iran President Donald Trump said Saturday that the U.S. military struck three sites in Iran, directly joining Israel’s effort to decapitate the country’s nuclear program in a risky gambit to weaken a longtime foe amid Tehran’s

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Loans

RI $14.3B budget, casino smoking and payday loan bans pass on final day

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 The Rhode Island General Assembly wrapped up its 2025 session on Friday, June 20. An assault weapons ban, payday lending restrictions, and the state’s $14.3 billion budget all were approved. Rhode Island

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Loans

RI lawmakers pass $14.3B budget, curbs on casino smoking, payday loans

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 The Rhode Island General Assembly wrapped up its 2025 session in the early morning hours of Saturday, June 21. An assault weapons ban, payday lending restrictions, and the state’s $14.3 billion budget

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Investment

Downtown Investment Authority approves Colin Tarbert contract

Pour Taproom in downtown Jacksonville. Take a look inside. The Pour Taproom’s tap wall features wine, cocktails, beers including local beers designated with a 904. The taproom is on the ground floor and mezzanine of the new VyStar Credit Union garage facing Laura Street in downtown Jacksonville. Downtown Investment Authority board approves contract with Colin

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Funds

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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Investment

Jacksonville’s Downtown Investment Authority has three CEO finalists

Downtown Jacksonville update: Apartments, townhomes under construction Construction is underway at the Four Seasons Hotel & Residences Jacksonville and One Riverside developments in downtown Jacksonville, Florida. Jacksonville City Council withdrew a proposal to gain authority to terminate the Downtown Investment Authority’s CEO. Three finalists will interview for the CEO position next week. Concerns arose that

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Crypto

Minnesota woman falls trap to Bitcoin cryptocurrency pyramid scheme

President Trump establishes Bitcoin Reserve — here’s what it means President Trump signed an executive order establishing a reserve of bitcoin the government already owns. An Elk River woman lost over $8,700 in a potential cryptocurrency scam involving a Telegram group chat. The woman invested in Bitcoin through a crypto.com account with the help of

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Investment

How is Quincy’s S&P credit rating and economic outlook?

QUINCY ‒ Quincy’s economic outlook has been revised downward from stable to negative, while maintaining its “AA” score on long-term debt, according to S&P Global’s ratings. “AA” is the third highest grade issued by the agency. The change stems in part from the $91.9 million loss on investment sustained by Quincy’s retirement system in 2022,

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Loans

Rep. Huizenga moves to make auto loans tax deductible

The impact and history of autos in Detroit, The Motor City Here are some facts about Detroit’s auto industry. Rep. Bill Huizenga introduced the Made in America Motors Act, proposing a tax deduction on interest paid on U.S.-assembled vehicle loans. The proposed deduction allows up to $2,500 per year for vehicles under 14,000 pounds purchased

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