May 7, 2025

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Funds

Brevard County food aid programs losing food relief

Brevard groups dedicated to ensuring the county’s most vulnerable residents have food are witnessing a surge in need — just as they are starting to feel the harsh effects of federal government budget cuts. Twenty-eight tractor trailer trucks traveling with food to local Florida communities have been halted, without notice. “The hits keep coming. This

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Investment

SpaceX reportedly has a secret backdoor for Chinese investment

Elon Musk’s rocket company SpaceX has allowed Chinese investors to buy stakes as long as the funds are routed through the Cayman Islands or other offshore hubs, according to reporting from ProPublica.  SpaceX is a defense contractor for the Pentagon, one that handles sensitive work like building a classified spy satellite network. Investment from China

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Investors

Federal Reserve says it’s in ‘no rush’ to adjust monetary policy

Benzinga  |  Detroit Free Press Wall Street remained on edge as investors adopted a cautious stance amid an increasingly uncertain economic outlook this past week. At its March meeting, the Federal Reserve kept interest rates unchanged at 4.25%-4.50%, signaling “no rush” to adjust its monetary policy.   Yet, the central bank’s latest economic projections painted a

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