Ohio's public pension systems down $4 billion amid Trump tariff war – The Columbus Dispatch
Ohio’s five public pension systems have lost around $4 billion since January 1st, as President Trump’s trade war has destabilized the stock market. Trump’s tariffs no longer spare some electronic devices, including smartphones President Trump exempts smartphones, computers and other electronic imports from mutual tariffs. The five Ohio public pension funds have collectively lost about […]
Head of Ohio's teacher pension fund retires Sunday, saying fund is strong despite staff vacancies – The Associated Press
COLUMBUS, Ohio (AP) — Ohio University chief to step down Retirement benefit system for problematic teachers Despite the turmoil at the top, which her successor will inherit, she said she is leaving the fund in a strong financial position. In a recent interview with The Associated Press, Acting Executive Director and Chief Financial Officer Lynn […]
Ohio's Sherrod Brown joins calls for Biden to step aside
Sen. Sherrod Brown, D-Ohio, issued a statement Friday calling on President Biden to withdraw from the presidential race, joining a growing list of Democrats making similar calls. Brown pointed to issues that are top of mind for Buckeye State voters, including creating jobs, providing law enforcement tools to combat the fentanyl crisis, protecting Social Security […]
What comes next for Ohio's teacher pension fund? Prospects of a 'hostile takeover' are being probed – Yahoo Finance
COLUMBUS, Ohio (AP) — The battle over the future of Ohio’s $94 billion teachers’ pension fund is underway as reformers’ attempts to provide long-promised benefits to retirees with the help of an aggressive investment firm peddling untested AI-driven trading strategies face intense scrutiny. As the drama unfolds, the eyes of Wall Street and the 500,000 […]
What comes next for Ohio's teacher pension fund? Prospects of a 'hostile takeover' are being probed – The Associated Press
COLUMBUS, Ohio (AP) — The battle over the future of Ohio’s $94 billion teachers’ pension fund is underway as reformers’ attempts to provide long-promised benefits to retirees with the help of an aggressive investment firm peddling untested AI-driven trading strategies face intense scrutiny. As the drama unfolds, the eyes of Wall Street and the 500,000 […]