Trump Administration Allocates Florida Rail Safety Funds Previously Unresolved by Biden
The Trump administration is set to allocate over $42 million for essential rail safety projects along Florida’s Brightline Rail, which has faced a significant backlog of grants from the Biden administration’s Department of Transportation (DOT). Transport Secretary Sean Duffy announced on Monday that funding for four rail safety initiatives will finally be released, including new […]
Schroders launches two main funds in Europe’s active ETF market
Schroders Enters European Active ETF Market UK asset manager Schroders is finally stepping into the European active ETF space with strategies focused on global equity and investment-grade corporate bonds. The Schroder Global Equity Active UCITS ETF is set to be listed at Deutsche Boerse starting September 26, alongside the Schroder Global Investment Grade Corporate Bond […]
Crypto funds experience $1.9B in inflows as Bitcoin ETFs continue their success
Last week, the cryptocurrency fund experienced its second consecutive week of inflows, building on the $3.3 billion profit from the prior week. Crypto Exchange-Traded Products (ETPs) saw a total influx of $1.9 billion, as highlighted by data from Coinshares on Monday. Bitcoin (BTC) and Ether (ETH) were the frontrunners, attracting inflows of $977 million and […]
Trump administration looks at increasing retirement age to protect Social Security from running out of funds.
Social Security Concerns: Administration’s Options Under Review In an effort to prevent Social Security bankruptcy, the Trump administration is reportedly considering various strategies, including potentially raising the retirement age. “Everything is being looked at,” said Frank Vignano, the US Social Security Director, during an interview on “Morning with Maria” on Thursday. He noted that many […]
DBS and Franklin Templeton to Introduce Trading and Lending Solutions Based on Tokenized Money Market Funds and Ripple’s RLUSD Stablecoin
Investors Earning Yields through Sgbenji Tokens on DBS Digital Exchange DBS Exploring Collateral Use for Sgbenji Tokens Singapore, September 18, 2025 – DBS, Franklin Templeton, and Ripple are collaborating to offer institutional investors innovative trading and lending options. This initiative, leveraging tokenized money market funds and stablecoins like Ripple’s RLUSD, aims to enhance market efficiency. […]
Ivanhoe is in discussions with sovereign funds following the investment from Qatar, according to Friedland.
Ivanhoe Mines Engages with Sovereign Wealth Funds for Strategic Investments Robert Friedland, the Executive Co-Chair of Ivanhoe Mines, shared insights about the company’s ongoing efforts to attract investments from Sovereign Wealth Funds, aimed at boosting copper and other vital minerals production. On Wednesday, the Vancouver-based company announced that Qatar’s sovereign wealth funds will inject $500 […]
Law firm accused of using employee retirement funds to cover its expenses
KANSAS CITY, Mo. A class action lawsuit has been initiated against a local law firm, raising concerns about the alleged mishandling of employee retirement funds. The legal action, announced on September 16, references the firm Sanford Heisler Sharp McKain. It was filed in the US District Court for the Western District of Missouri. Complaints state […]
Pelosi Collects Funds for Redistricting in California as Fire Victims Endure Hardships
Former House Speaker Nancy Pelosi is spearheading a fundraiser to support Democratic efforts for new gerrymandered districts in California. Pelosi, who is 85, has been portrayed as a key figure in Governor Gavin Newsom’s fundraising initiatives, offering guidance and making calls to influential Democratic donors. However, both Pelosi and Newsom have demonstrated a lack of […]
Biden’s presidential library struggling to raise funds from hesitant Democratic supporters
President Joe Biden’s recent attempts to gather support for his presidential library are reportedly struggling to connect with Democratic donors. A number of individuals who previously supported Biden shared their feelings with NBC News, noting that while they hold no animosity towards him, they are hesitant to contribute to the library or are only willing […]
46% of Gen Z employees have accessed their retirement funds: ‘It’s usually not a good idea,’ CFP advises
Gen Z Workers Tapping Into Retirement Savings Nearly half of Gen Z employees, which includes those around 28 years old, are already accessing their retirement savings. A recent survey from a payroll integration company noted that 42% of these workers are using the funds to tackle debt, while another 25% cited emergency expenses as their […]