August 15, 2025

News

Funds

Chevron funds to potentially pay off millions in Richmond pension debt – The Mercury News

In what officials say would be a financially responsible move, the city may use a portion of a $550 million payout from Chevron to settle some of its unfunded pension liabilities. An annual $50 million payment from the Chevron Richmond Refinery will flow into Richmond’s general fund for the next 10 years as part of

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Funds

Colorado to lose more than $230M in mental health, addiction grants

Colorado’s health agencies will lose more than $230 million in federal grants, some of which already had been committed to programs that include crisis response teams and peer support for people recovering from addiction. The Trump administration is pulling back four grants to the Colorado Department of Public Health and Environment that fund COVID-19 disease

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Crypto

SEC Announces Four More Roundtable Events in 2025 for Task Force To Discuss Crypto Asset Regulation

The U.S. Securities and Exchange Commission (SEC) is announcing four more roundtable events in 2025 for its task force to discuss the digital assets industry. According to a new press release, the regulatory agency plans to add four roundtable discussions about crypto assets and how they are regulated to its calendar of events. The discussions,

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Investors

Commercial property increasingly popular with investors

Commercial property has become increasingly popular with Mum and Dad investors, offering higher returns than residential properties. There have been been price corrections of up to 25- 30 percent in some areas, Rethink Group said. Photo: 123rf.com Rethink Group chief executive Scott O’Neill said there were compelling reasons for investors to favour commercial over residential

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Crypto

New SEC Chair Paul Atkins Holds $6,000,000 in Crypto-Related Investments – Here’s His Portfolio: Report

The new Chair of the U.S. Securities and Exchange Commission (SEC) reportedly has a crypto portfolio worth millions of dollars. According to a new report from Fortune, an ethics disclosure reveals that Paul Atkins – President Donald Trump’s nominee to be the next SEC Chair – holds about $6 million in crypto-related investments, including $1

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Banking

Barclays layoffs to cut 78 jobs in North Jersey at banking giant

2-minute read Filing for New Jersey unemployment guide Step-by-step guide to navigating New Jersey’s unemployment filing process online. Megan Fernandes and Katie Sobko, NorthJersey.com Barclays indicated that the layoffs this summer were being done to “align staffing to current and expected business needs.” In 2024, the British banking firm laid off 70 people in Whippany,

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Funds

Colorado to lose more than $30M in mental health, addiction grants

Colorado’s Behavioral Health Administration will lose more than $30 million in federal grants, the majority of which already had been committed to programs including crisis response teams and peer support for people recovering from addiction. The U.S. Department of Health and Human Services’ Substance Abuse and Mental Health Services Administration notified the BHA on Monday

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Investors

US stock futures little changed as investors wait for Trump tariff news

Who will actually pay for Trump’s tariffs? While trade is a hot topic among the Trump Administration, who actually pays for the new tariffs? Fox – Fox 9 U.S. stock futures point to a lower opening as investors await more news on President Donald Trump‘s tariff plan and economic news. Stocks rallied on Monday after

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Funds

McKee insists on staff raises as state loses $31M in federal grants

See legislators rally for ‘just cause’ evictions bill at the statehouse Legislators and tenants describe why just cause eviction protections are needed in Rhode Island. Rhode Island Gov. Dan McKee is facing criticism for his plan to give raises to members of his Cabinet. Critics, including House Speaker Shekarchi and Senate Republicans, argue that the

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Investment

What they’re saying about Hyundai’s $5.8 billion investment in Ascension Parish

“Louisiana wins again,” was the headline as Gov. Jeff Landry and Louisiana Economic Development trumpeted the official announcement of the $5.8 billion Hyundai steel plant planned for the Donaldsonville area of Ascension Parish. President Donald Trump hosted Landry and several elected officials in the Roosevelt Room of the White House to deliver the monumental news

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