Lebanon County officials are looking to use state funds to hire a social worker for the public defender’s office clients. Lebanon County Commissioners unanimously approved applying for $95,501 in state funds allocated for the county as part of the Indigent Defense Grant Program. The statewide grant program provides funds designed to expand support and resources […]
Tag: Funds
3 Magnificent Mutual Funds to Maximize Your Retirement Portfolio
It is never too late to invest in mutual funds for retirement. As such, if you plan to invest in some of the best funds, the Zacks Mutual Fund Rank can provide you with valuable guidance. The best way to shortlist great mutual funds is to ensure solid performance, diversification, and low fees. Some are […]
Hedge funds squeezed from short bets amid surging meme stocks, Goldman Sachs says
By Nell Mackenzie LONDON (Reuters) – Hedge funds ditched bearish stock bets early this week at some of the highest rates in three years as U.S. meme stocks rallied sharply, a Goldman note seen by Reuters on Friday showed. The note, published on Wednesday just before the rally faded, said hedge funds dropped positions on […]
Big Funds Bet the ‘Anything But Bonds’ Trade Is Poised to End
(Bloomberg) — Big US bond investors have been aggressively shifting money into long-dated notes, betting that the unloved asset class will be one of the winners from eventual interest rate cuts. Most Read from Bloomberg The largest 20 mutual fund managers in the US have increased duration over the past two months as yields climbed, […]
Lewisham woman, 82, bikes up Mont Ventoux to raise Gaza aid funds
Anne Jones completed the cycle in six hours [PA Media] An 82-year-old grandmother has taken on one of the Tour de France’s most famous mountains to raise funds for aid to Gaza. Anne Jones, from Lewisham, south London, rode 20km (12 miles) up Mont Ventoux in southern France to support Amos Trust’s Gaza appeal. She […]
David Tepper Scoops Up Alibaba as Hedge Funds Hunt for Bargains in China
(Bloomberg) — Billionaire investor David Tepper loaded up on beaten-down Chinese stocks last quarter while reducing stakes in high-flying US tech firms, leading hedge fund managers who are slowly warming up to China amid a record gap in valuations between the two markets. Most Read from Bloomberg Tepper’s Appaloosa Management more than doubled its investment […]
This ETF Has Consistently Outperformed 88% of Mutual Funds Over the Past Decade
Finding an ETF or mutual fund that can consistently beat the market year in and year out is practically impossible. That’s not for lack of options. Wall Street is full of sharp minds that are often willing to share their investment insights and strategies with everyday investors through a mutual fund. In exchange, they ask […]
Hedge Funds Pump Up Exposure to Nvidia, Cut AMD
(Bloomberg) — Hedge funds continued to lean into the biggest technology companies leading the way in artificial intelligence as the hype propelled the US stock market higher in the first quarter of the year. Most Read from Bloomberg These institutional investors saw Nvidia Corp. exposure grow, with the AI darling having the biggest increase by […]
Renaissance Technologies, Two Sigma among funds that dumped Boeing in first quarter
By David Randall NEW YORK (Reuters) – Renaissance Technologies, Two Sigma Investments and Arrowstreet Capital were among large firms that sold all their shares of embattled aircraft maker Boeing Co in the first quarter, according to securities filings released on Wednesday. Renaissance Technologies sold 1,057,900 shares in Boeing over the first quarter, a position that […]
More than $7 million in settlement funds designated to help Kitsap address opioid epidemic
Roughly two years after the Washington Attorney General’s Office reached a $518 million settlement with three drug companies who contributed to the state’s opioid crisis, Kitsap County leaders have decided to spend the initial portion of those funds on a variety of primary countywide prevention programs. The funding stems from an October 2022 settlement between […]
Barrington may get $1 million in federal funds via NH for new community center
BARRINGTON — Gov. Chris Sununu’s bid to direct $1 million in federal American Rescue Plan Act funds to Barrington is poised to help the town move forward with a project to construct a new community center. Barrington Town Administrator Conner McIver said town officials are excited about plans to move the library out of the […]
UNC-Chapel Hill trustees move to divert DEI funds to police and public safety
The UNC-Chapel Hill Board of Trustees voted to divert millions of dollars spent on diversity, equity and inclusion programs into public safety instead, ahead of an expected policy change statewide to restrict DEI. At a special meeting Monday morning, the board unanimously moved to reallocate the $2.3 million that the university spends on DEI programs […]