July 6, 2025

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Funds

Wisconsin sues Education Department over youth mental health fund cuts

Senators grill Education Secretary Linda McMahon over proposed cuts Education Secretary Linda McMahon testified to Congress over proposed budget cuts. Wisconsin Attorney General Josh Kaul has joined a multistate lawsuit against the U.S. Department of Education after it abruptly terminated $1 billion in five-year grants, including $10 million in Wisconsin, meant to support school-based mental

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Investors

Investors react to US attack on Iran nuclear sites

Saeed Azhar and Suzanne McGee  |  Reuters President Donald Trump on Saturday said that a “very successful attack” on three nuclear sites in Iran had been carried out. In a posting on Truth Social, Trump added, “All planes are safely on their way home” and he ended his posting saying, “Now is the time for

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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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Finance

Lawsuits battle for control of Jimmy Buffett’s $275 million estate

WATCH: Latitude Margaritaville Daytona Beach’s last new home The world’s first Jimmy Buffett-themed “55-and-older” active adult community recently sold its 3,73rd and final new home in Daytona Beach. “Margaritaville” icon Jimmy Buffett’s widow, Jane Buffett, is battling a co-trustee for control of the late singer’s estate. Jane Buffett said co-trustee Richard Mozenter has not acted

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Funds

Unclaimed funds in Ohio wanted by Browns could be yours. How to check

The Ohio Senate wants to use part of the state’s reported $3.7 billion in unclaimed funds to pay for the new Cleveland Browns stadium in Brook Park, according to their budget proposal. Over $1 billion in unclaimed funds would be used to create a sports and cultural projects fund and $600 million of that would

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Investment

Google will invest $7B in Iowa, including new Cedar Rapids data center

Google will invest $7 billion to officially build a data center in Cedar Rapids and expand cloud and artificial intelligence infrastructure in its Council Bluffs complex, more than doubling its existing investment in Iowa. State and city leaders say the May 30 announcement positions Iowa and Cedar Rapids as leaders in delivering AI technology to

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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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Crypto

New Hampshire Senate halts cryptocurrency deregulation bill

William Skipworth, New Hampshire Bulletin  |  New Hampshire Bulletin A bill aiming to deregulate cryptocurrency mining in New Hampshire and forbid local officials and state agencies from placing limits on the practice was set for a final vote Thursday before state senators sent it back to committee to give supporters time to work on it

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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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