August 18, 2025

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Funds

27 Michigan schools could lose up to $42M in federal funds

Want to comment on this story? Become a subscriber today. Click here. More than two dozen Michigan school districts face the loss of nearly $42 million in reimbursement for federal pandemic relief funds after the U.S. Education Secretary Linda McMahon rescinded a previously set deadline. Michigan education officials said agencies across the country, including the

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Investors

A $4.5 trillion triple-witching gives investors yet another test

Bernard Goyder  |  Bloomberg U.S. stocks’ rebound off of last week’s lows will face a new test on Friday, when a pile of options contracts are set to expire in a quarterly event that often stoked volatility in the past. The so-called “triple-witching” will see about $4.5 trillion of contracts tied to stocks, indexes and

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Loans

Government shutdown and services that would be reduced or closed

Chuck Schumer to vote to advance GOP funding bill Democratic Senator Chuck Schumer says he will vote for the GOP funding bill to avoid a government shutdown. The Senate will vote on a stopgap funding bill to avert a government shutdown. Democrats may vote against the bill in protest of President Trump’s policies. If the

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Mortgage

First time homebuyer programs in Arizona: Here’s what to know

Existing home sales fall to lowest level since 1995 The latest home sales numbers painted a discouraging picture for the real estate industry as sales fell to the lowest level since 1995. Straight Arrow News Rising home prices in metro Phoenix are making it difficult for families to afford to buy a home. The median

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