June 15, 2025

News

Funds

Tri-State Food Bank hit hard by Trump administration grant cuts

EVANSVILLE — The Tri-State Food Bank has been hit hard by recent cuts at the federal level that eliminated a grant that helped disadvantaged farmers and local communities. The Tri-State Food Bank received a $1.1 million grant in 2024 through the United States Department of Agriculture Local Food Purchase Assistance program. It was the largest

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Investors

Eminem joins Detroit WNBA superteam of investors: Report

What’s the driving force behind Detroit Pistons incredible turnaround? Bryce Simon and Omari Sankofa II on “The Pistons Pulse” podcast analyze the Pistons’ sustained success. Full podcast out wherever you listen. The team of Detroit investors aiming to bring the WNBA back to Detroit has reportedly added rapper Eminem. The bid would revive the legacy

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Banking

Mass Banking Outage Sparks Doubts on EU’s Planned Digital Euro: Report

Vocal opposition to the European Central Bank’s (ECB) digital euro project reportedly swelled after the institution’s payment system crashed last month. TARGET2 (T2), the ECB’s real-time gross settlement system, went down in late February, which prevented payments from being processed for several hours. Now, some members of the European Parliament, a legislative body of the

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Crypto

What is a black swan event in cryptocurrency? Traders brace for losses

Trump signs order establishing strategic Bitcoin reserve President Trump signed an order Thursday to create a federal Strategic Bitcoin Reserve, signaling new federal support for cryptocurrency in general and Bitcoin in particular. Scripps News If you hold and trade in Bitcoin, Ethereum or any other cryptocurrency, you are probably bracing for the fallout from a

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Mortgage

Wounded veteran receives mortgage-free home in Rio Rancho

Building Homes for Heroes and Petite Group’s Built to Honor program have broken ground and partnered to build a mortgage-free home for a three-tour Iraq veteran, David Halona. This service follows the emotional moment on Oct. 26, 2024, when Sergeant Halona and his family were surprised with the news that they would be receiving a

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Investors

Trump tax proposal calms investors; tariff and chipmaker concerns loom

Suzanne McGee, Carolina Mandl and Ankur Banerjee  |  Reuters Trump wants to kill $52 billion semiconductor subsidy law Trump says lawmakers should cancel the $52.7 billion CHIPS Act to in Washington, D.C. “Taiwan Semiconductor, the biggest in the world, most powerful in the world, has a tremendous amount, 97% of the market, announced a $165

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