March 14, 2025

U.S.

Funds

USDA’s local food purchasing cut will cost Florida producers millions

President Donald Trump’s efforts to curb federal spending have hit the Department of Agriculture, which has cut over $1 billion in funding aimed at helping schools and food banks purchase from local farmers. States recently learned about the cuts, which will cut funding for the Local Food for Schools Cooperative Agreement Program (LFS) and the

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Investors

Analysis-Summer market shock not quite over as investors brace for more turmoil

By Naomi Rovnick LONDON (Reuters) – Big investors are bracing for this summer’s stock market rout to run into the autumn, fearing a broader wave of selling will follow the turmoil sparked by U.S. recession concerns and the Bank of Japan wrong-footing currency speculators. The sudden reversal of crowded equity and foreign exchange trades that

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Crypto

SEC subpoenas three crypto VCs in sign crackdown is gaining pace – DL News

DL News viewed the first page of a subpoena. The SEC issued similar subpoenas to at least two other crypto VCs. “It’s a natural additional enforcement area,” said a securities attorney. The US Securities and Exchange Commission has subpoenaed at least three crypto venture capital firms this year, according to a source familiar with the

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Mortgage

Homeowners Feel Stuck Amid Rising Costs Of Ownership

The dream of homeownership is often associated with financial stability and security, yet recent economic shifts have resulted in a balancing act for many. Homeowners with low-rate fixed mortgages have been feeling very fortunate amid rising rates for new mortgages, but recent increases in less-discussed costs of ownership are catching them off guard. Rising property

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