August 16, 2025

government

Funds

Federal worker alleges financial improprieties at major union chapter

A union representing 150,000 federal workers faces allegations of financial improprieties at one of its chapters. In an era of mass federal layoffs, here’s why it matters. The labor union that represents more than 450 train engineers for New Jersey Transit walked off the job after contract talks stalled. The labor union that represents more

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Funds

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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Investors

Trump’s big, beautiful tax bill has investors concened about debt

It’s the second stretch this spring that stocks and bonds, along with the dollar, have slumped in sync — a rare trifecta we last saw in April when Trump’s tariffs spooked investors. “They were getting yippy,” Trump said of investors as he explained his decision last month to delay so-called reciprocal tariffs, a move that

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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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Crypto

Cryptocurrency ATMs and cash wages in ‘high risk’ industries should be banned in money laundering crackdown, expert panel warns government

“New Zealanders are willing to spend their money on the things provided by these groups – from illicit drugs through to false promises offered by scammers…New Zealand is then left to pick up the pieces.” The panel said that stopping the profits from reaching the “masterminds” based offshore, such as drug suppliers, would make it

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Funds

‘Where’s the money?’ Applicants wait for funds from Maui County program to help build ‘ohana housing : Maui Now

On Friday afternoon, Charme Moreau Taksony and her dad Claude Moreau stand outside the 464-square-foot ‘ohana unit that the family built for Taksony in Skill Village. HJI / COLLEEN UECHI photo PĀʻIA — Claude Moreau affectionately calls his kids “boomerangers,” because they keep coming back to live with him. His son’s family of four moved

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Loans

Interest rates for loans, mortgages aren’t falling. See when they might

If you’re wondering when interest rates on credit cards and car loans will start falling again, don’t hold you breath this week when the Federal Reserve’s policy committee meets. Interest-rate traders see little chance that the Fed will lower interest rates at the end of Wednesday’s meeting or the following one. That means Americans won’t

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Funds

DOGE cuts millions in funds for HIV research at Florida universities

Those working to end the HIV epidemic say this cut in funding will have a ‘devastating impact.’ Protesters against planned National Institutes of Health funding cuts The Trump administration’s push to slash funding at the National Institutes of Health has been temporarily blocked by a federal judge. About $42 million of the terminated grants were

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Loans

FSA to require DOGE approval for larger loans

Ryan Hanrahan  |  Farmers’ Advance ‘May Day’ protests push back against Trump administration policies “May Day” protesters across the U.S. rallied against President Donald Trump’s policies and billionaire Elon Musk’s influence over the White House. Reuters’ Leah Douglas and P.J. Huffstutter reported that “farm loan employees at the U.S. Department of Agriculture’s Farm Service Agency will

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Loans

Default student loans sent to collections starting Monday

Trump administration begins sending default student loans to collections Starting Monday, the Education Department will resume reporting defaulted student loans to collections agencies, potentially affecting as many as 5 million borrowers. Updated: 5:20 AM CDT May 5, 2025 Washington Bureau Reporter The Department of Education will begin reporting defaulted student loans to collections agencies starting

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