FUND

Dec 02 2024EDUCATION

Squeezed Budgets: Pensions vs. Education in Massachusetts

In Massachusetts, school budgets are feeling the pinch. While test scores still haven't bounced back from the pandemic, pension costs keep climbing. Back in 2015, 9 cents of every education dollar went to pension payments. Now it's 14 cents! That's a lot of cash going out, leaving less for things li

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Nov 26 2024BUSINESS

Intel's Big U. S. Chip Boost: A Closer Look

Intel, a major player in semiconductor manufacturing, has received a substantial boost from the U. S. government. The Department of Commerce has awarded Intel $7. 865 billion to support domestic chip production. This funding is part of the CHIPS and Science Act, a law passed by President Joe Biden t

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Nov 26 2024POLITICS

Disaster Aid: Congress Haggles Over the Details

Lawmakers in Congress are trying to agree on a bill to help communities hit by disasters. Both sides want to replenish disaster funds, but they can't agree on everything else. House Republican Tom Cole from Oklahoma says they need a strong package, but he's not sure about all the extra programs the

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Nov 26 2024POLITICS

Trump's Plan to Ax Education Department: Easier Said Than Done?

President-elect Donald Trump's promise to do away with the U. S. Department of Education sounds simple, but experts say it's anything but. The plan involves complex logistics, congressional approval, and redirecting federal programs. It's doubtful that Congress will go along with it, and if it happe

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Nov 26 2024FINANCE

Ken Griffin: Selling Citadel Stake Could Happen

Citadel's founder Ken Griffin hinted that he might sell a small part of his hedge fund someday. He made this comment at an event in New York. Griffin said it was a smart move to sell a piece of Citadel Securities to Sequoia and Paradigm in 2022. This deal put the firm's value at $22 billion. Griffi

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Nov 26 2024ENTERTAINMENT

Casey Hudson's New Studio Humanoid Origin Closes Before Game Debut

Video game director Casey Hudson, known for his work on Mass Effect, started a new studio called Humanoid Origin in 2021. Unfortunately, the studio has announced it's shutting down before releasing its first game. A LinkedIn post revealed that an unexpected funding shortage made it impossible to kee

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Nov 26 2024EDUCATION

Providence School Takeover: What Happens Next?

Last week, Providence Mayor Brett Smiley and the Rhode Island Department of Education reached a deal in a long legal battle over school funding. They agreed to increase property taxes starting July 2025 to funnel more money into schools. So, what's next for the schools under state control? Two nota

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Nov 26 2024POLITICS

Unions' Secret Cash: The Inside Scoop

Did you know that three big-name publications have been quietly pocketing hundreds of thousands of dollars from teachers' unions? These outlets—The New Republic, American Prospect, and Courier Newsroom—have collectively grabbed $905, 000 from the American Federation of Teachers and the National Educ

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Nov 25 2024POLITICS

Politicians Debate Funding for Cities Protecting Illegal Immigrants

Representative Marjorie Taylor Greene is making waves by calling on leaders of "sanctuary cities" to explain why they deserve federal funding. These cities typically don't help the federal government enforce tough immigration laws. Greene, now heading the Department of Government Efficiency (DOGE) u

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Nov 25 2024TECHNOLOGY

Rocket Lab's Big Funding Boost for Space Solar Power

You might have heard about the CHIPS and Science Act. It's a big deal in the tech world, and recently, Rocket Lab scored big time with a funding boost. The US Department of Commerce has promised up to $23. 9 million to help Rocket Lab make more space-grade solar cells. These tiny powerhouses fuel up

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