March 15, 2025

U.S. News

Loans

G7 leaders agree to lend Ukraine billions backed by Russia’s frozen assets. Here’s how it will work

WASHINGTON (AP) — Leaders of the Group of Seven wealthy democracies have agreed to engineer a $50 billion loan to help Ukraine in its fight for survival. Interest earned on profits from Russia’s frozen central bank assets would be used as collateral. Details of the deal were being hashed out by G7 leaders at their

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Funds

Tennessee sheriff indicted for profiting from inmate labor, misusing funds

Officials say the sheriff of a rural Tennessee county illegally profited from the work of jail and prison inmates under his care and housed dozens of them in a home outside of the prison without permission By ADRIAN SAINZ Associated Press June 12, 2024, 5:51 PM ET • 3 min read MEMPHIS, Tenn. — The

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Loans

Americans are split on Biden’s student loan work, even those with debt, new AP-NORC poll finds

WASHINGTON — As he campaigns for reelection, President Joe Biden frequently touts his work on student debt, pointing to the millions of people who received cancellation under his watch. Yet relatively few Americans say they’re fans of his work on the issue, even among those who have student loans. Three in 10 U.S. adults say

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Investment

Norwegian wealth fund to vote against Elon Musk’s Tesla pay package

Norway’s sovereign wealth fund managed by Norges Bank Investment Management said Saturday it will vote against Elon Musk’s hefty CEO compensation package during Tesla’s annual meeting on Thursday June 8, 2024, 11:07 AM ET • 2 min read Norway’s sovereign wealth fund operated by Norges Bank Investment Management said Saturday it will vote against Elon

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Property

With home prices up more than 50%, some states try to contain property taxes

For retirees Tom and Beverly McAdam, the good news is the value of their two-bedroom home in suburban Denver has risen 45% since they purchased it more than six years ago. That’s also the bad news, costing them thousands more in real estate taxes and leaving less for discretionary spending. “To pay the higher property

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Funds

Schools turn to artificial intelligence to spot guns as companies press lawmakers for state funds

TOPEKA, Kan. — Kansas could soon offer up to $5 million in grants for schools to outfit surveillance cameras with artificial intelligence systems that can spot people carrying guns. But the governor needs to approve the expenditures and the schools must meet some very specific criteria. The AI software must be patented, “designated as qualified

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Investment

New Mexico governor seeks hydrogen investment with trip to Netherlands

The governor of New Mexico has announced plans to court new investments in hydrogen fuel development at a business summit in the Netherlands over the coming week May 11, 2024, 3:08 PM ET • 2 min read SANTA FE, N.M. — The governor of New Mexico has announced plans to court new investments in hydrogen

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Crypto

FTX will return money to most customers less than 2 years after catastrophic crypto collapse

FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency exchange imploded, and some will get more than that By MICHELLE CHAPMAN AP Business Writer May 8, 2024, 8:32 AM ET • 3 min read FTX says that nearly all of its customers

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Funds

$400 million boost in federal funds for security at places of worship | National

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Investment

Warren Buffett says AI may be better for scammers than society. And he’s seen how

OMAHA, Neb. — Warren Buffett cautioned the tens of thousands of shareholders who packed an arena for his annual meeting that artificial intelligence scams could become “the growth industry of all time.” Doubling down on his cautionary words from last year, Buffett told the throngs he recently came face to face with the downside of

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