August 21, 2025

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Funds

NV AG signs on suit to stop Trump from cutting funds for crime victims

Michael Lyle  |  Nevada Current Nevada Attorney General Aaron Ford is among 21 attorneys general who have joined a lawsuit to stop President Donald Trump from withholding billions of dollars in funding for resources for crime victims from states that don’t aid the administration’s mass deportation efforts. Nevada received about $24 million in funding from

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Banking

The Dominican Lender Powering Growth at Home and Abroad

Wyles Daniel  |  Contributor Banco de Reservas (Banreservas) is rewriting conventional wisdom about banks. Long viewed as slow, politically entangled institutions, public lenders rarely make headlines for record profits or overseas expansion — but the Dominican Republic’s 83-year-old Banco de Reservas is doing both.   Since 2020, the bank has nearly doubled its assets, opened offices

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Investors

Global investors cut back dollar hedging, State Street says

Alice Gledhill  |  Bloomberg Global investors have reduced protection against a weaker dollar, countering expectations from earlier this year that an increase in hedging would drag the currency down. Data compiled by State Street Markets, a division of one of the world’s biggest money custodians, shows that non-US investors in American equities have cut their

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Investment

Ford EV truck investment in Kentucky as federal support dwindles

Ford CEO Jim Farley on new EV production plans in Louisville Ford CEO Jim Farley introduced the automaker’s new “Universal EV Platform’ during an Aug. 11, 2025 announcement at the Louisville Assembly Plant. Ford’s $5 billion investment in EV manufacturing comes despite the rollback of federal incentives and other hurdles. Analysts expect the EV market

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Finance

City Council members cut Jacksonville mayor’s Meals on Wheels budget

Duval Superintendent Christopher Bernier on the first day of school Duval Superintendent Christopher Bernier visited S.A. Hull Elementary on the first day of school for the new school year on Aug. 11 in Jacksonville. City Council’s Finance Committee cut $1.9 million from Mayor Donna Deegan’s proposed budget for Meals on Wheels, a reduction that would

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Investment

Stock market questions? Staying diversified, disciplined can pay off

Steven Podnos  |  For FLORIDA TODAY Q:  I’m seeing articles saying that the stock market is expensive. What does that mean? What should I do about it? A: There is an endless struggle to ascertain when stocks are “cheap” or the opposite. Pundits use various measures of valuation to make their case. For example, the huge S&P 500 index

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Crypto

Can you get a NY mortgage with Bitcoin? Not yet. Here’s what to know

Americans can use crypto to secure a home loan under new Trump rule Homebuyers in the U.S. will soon be able use cryptocurrency to secure a mortgage under a new Trump administration order. Straight Arrow News Currently, both Fannie Mae and Freddie Mac require cryptocurrency to be converted to USD for use in mortgage transactions.

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Funds

Trump admin returns millions in fed funds to Palm Springs area schools

Will the U.S. Department of Education be disbanded by Trump Administration? This video examines the historical foundation of the U.S. Department of Education, its mission to promote equal access and accountability in education, and the conservative-driven debate over its future. The Trump administration is releasing billions in grants for English language instruction, migrant education, adult

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Investment

Keeping costs low can boost results in your stock, bond investments

How are tariffs and your 401(k) retirement savings intertwined? Experts say a rise in tariffs can lead to several factors that impact your retirement savings. A Morningstar study reveals that passively managed index funds generally outperform actively managed funds. Lower operating costs are a key factor in the superior performance of index funds. This trend

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Crypto

WNBA sex toy incidents started by Crypto meme coin group

Cryptocurrency meme coin creators behind recent WNBA sex toy incidents USA TODAY Sports has uncovered the group behind the incidents where sex toys have been thrown on the court at WNBA games. Meg Hall explains why this group says they’re doing this. A cryptocurrency group has claimed responsibility for throwing sex toys at WNBA games.

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