June 14, 2025

News

Loans

Millions in loans on tap for towns to replace lead water lines

Several south suburbs are will get millions of dollars in state loans to replace lead water service lines through the state’s new budget that starts July 1. Despite the loans, taken together, communities are indicating that the amount will barely scratch the surface, as replacing a single lead line can cost about $10,000. Communities across

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Investors

Foreign investors buy Japanese stocks, bonds for 10th week

Foreign investors flocked to Japanese stocks and bonds last week, driven by hopes of a U.S.-China trade deal, a strong demand at a 10-year note auction and a softening yen following a sharp rally that had threatened exporters’ earnings. The Ministry of Finance’s data showed a 10-week streak of foreign investments in Japanese stocks, with

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Crypto

Senate rejects effort to block arms sales over Trump’s dealings with Qatar and UAE

By MARY CLARE JALONICK WASHINGTON (AP) — Senate Republicans have blocked an effort by Democrats to temporarily block arms sales to Qatar and the United Arab Emirates in response to President Donald Trump’s dealings in the region. Democrats forced two procedural votes Wednesday to protest Qatar’s donation of a $400 million plane to be used

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Loans

Morrison man sentenced to federal prison for fake PPP loans

A Morrison man was sentenced to nearly four years in prison after he illegally obtained two Paycheck Protection Program loans during the COVID-19 pandemic, federal officials announced Tuesday. Richard Nieto, 39, took a deal and pleaded guilty last month to wire fraud and money laundering in federal court, according to court records. The plea deal

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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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Banking

Banking Giant Societe Generale To Launch Stablecoin on Ethereum and Solana Blockchains

The crypto arm of the French banking giant Societe Generale is launching a US dollar stablecoin on the Ethereum (ETH) and Solana (SOL) blockchains. In a new announcement, the Societe Generale-FORGE says it is launching the USD CoinVertible (USDCV), its second stablecoin after the 2023 launch of EUR CoinVertible (EURCV). Says Jean-Marc Stenger, CEO of

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Investors

Optimism is rising among American investors, survey shows

The trade war hits stock markets — how can you protect your finances? The global trade war has hit the stock markets — this is how you can protect your finances. Americans may have gotten pretty good at tuning out negative news and predictions, at least when it comes to investing, a Wealthfront survey suggests.

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Investors

Jim Cramer wants to call attention to stocks popular with younger investors – NBC New York

CNBC’s Jim Cramer on Tuesday reviewed stocks he said are popular among younger investors, but don’t usually receive attention from Wall Street analysts. “I think relevance dictates that we cover the companies that are treated as irrelevant or even pariahs by the gray beards around here,” he said. He named stocks in a few core

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Finance

XRP News: Vaultro Finance Successfully Raised 13,000 XRP, Surpassing 15% of Its Presale Allocation – Join $VLT Presale

SINGAPORE, June 10, 2025 (GLOBE NEWSWIRE) — Vaultro Finance has reached a significant milestone in its startup journey by raising 13,000 XRP in its ongoing $VLT Presale Round, moving past 15% of its targeted presale allocation. This achievement comes less than few hours after the presale round achieved a 10% presale milestone, underscoring the growing

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Investors

Market volatility has marked Trump’s second term — here’s how investors have fared – NBC New York

For all the drama in the stock market of late, investors’ portfolio balances may not look too different from when President Donald Trump entered office in January. There have been some unnerving days amid the Trump administration’s tariff policies. The S&P 500 dropped 2% or more on six days between Jan. 20 and June 6,

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