Vanguard fined more than $100 million by SEC over violations involving target date retirement funds – CNBC
The Vanguard Group logo appears on communications from Zelinople, Pennsylvania. Keith Slakočić | AP Wealth management giant Vanguard has been fined more than $100 million. Pay the fee The Securities and Exchange Commission made an announcement Friday regarding disclosures regarding target date investment funds. The violations stem from a 2020 change in which Vanguard lowered […]
House GOP bill aims at hiring more border agents with funds redirected from IRS
First on FOX – Congresswoman Claudia Tenney (New York) is introducing a bill that would direct funds from the Internal Revenue Service (IRS) to hire more Border Patrol agents at the U.S.-Mexico border. It has been submitted. Entitled the “Directing IRS Resources to Today's Emergency Crisis Act,'' or the “DIRECT Act,'' the bill would “cancel […]
'The funds do not exist;' Mysterious case of $1.8b found in state's bank reportedly solved – WACH.com
COLUMBIA, S.C. (WCIV) — $1.8 billion Found in state bank account Gov. Henry McMaster announced Wednesday that it is considered “non-existent” in 2024. The governor's statement comes after AlixPartners released its final report on the state Department of Treasury's forensic accounting review. Read his full statement below. This comprehensive forensic accounting report confirms a $1.8 […]
Global health agency on chopping block as Republicans threaten to cut off funds
First appearance on Fox: A group of House Republicans is pushing to completely block U.S. funding for the World Health Organization (WHO). Rep. Chip Roy (R-Texas), policy chairman of the conservative House Freedom Caucus, introduced the bill on Tuesday, saying global health organizations “do not serve our interests and are not entitled to our money.” […]
XRP Demand Builds on ETF ‘Optimism’ as Ethereum Funds Bleed $255 Million – Decrypt
Cryptocurrency funds received whiplash last week between Donald Trump and the Federal Reserve. Digital asset investment products including spot Bitcoin and Ethereum According to , ETFs saw a total of just $48 million in inflows last week. coin share. Bitcoin products ended the week with $214 million in net inflows, while Ethereum products recorded $255 […]
Turkish businessman admits to illegally steering funds to Mayor Eric Adams’ 2021 campaign
A Brooklyn businessman admitted Friday to funneling illegal campaign funds to Eric Adams' 2021 campaign, in the first guilty plea related to the federal bribery case against the mayor. Erden Alkan, the Turkish-born owner of Williamsburg's KSK Construction Group, was charged in Manhattan federal court with one count of conspiracy to commit wire fraud and […]
Kathy Hochul proposes new rules to curb NY home purchases by hedge funds, buyout firms
New York Gov. Cathy Hochul wants to make it harder for private equity firms and hedge funds to buy up residential real estate in the Empire State. Hochul on Thursday proposed several measures in the national budget that would prevent institutional investors from bidding on homes for the first 75 days after they are listed […]
NYC Shelled Out Millions In Taxpayer Funds For Deportation Defense Cases As Migrant Crisis Crippled City
While the city grapples with a huge illegal immigration crisis, New York City officials continue to spend tens of millions of dollars on illegal immigrants who resist deportation orders, according to budget data reviewed by the Daily Caller News Foundation. are. Hundreds of thousands of illegal immigrants have flocked to the Big Apple over the […]
New Yorkers could get up to $250 in mail from unclaimed funds thanks to new law
New Yorkers may start 2025 on an unexpected green note. Empire State residents could suddenly see checks for up to $250 in their mailboxes starting this month, thanks to a new state law that cuts red tape. Checks are supposed to come from the state government, and the new law eliminates the haggling of asking […]
Hedge funds score double-digit returns as ‘Trump Trade’ helps cap strong year
Many of the world's biggest hedge funds posted comfortable double-digit returns in 2024, benefiting from turbulent markets, central bank policy changes and a close presidential election campaign. Big winners include Dan Loeb's New York-based Third Point, which returned 28.7%, and Mets owner Steve Cohen's Point72, which returned 19%, according to the paper. , including a […]