Funds

Hedge Funds Rushed to Short Treasuries in Time for Payrolls Beat
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Stock Funds Rise 5.6% So Far in 2023
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U.S. IRS to hire nearly 30,000 staff over two years  with $80 billion in new funds
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Banking turmoil dampens shine of ESG funds at end of strong Q1
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Schwab Eyes Worst Month Since 1987 as Cash Shifts to Money Funds
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Social Security trust funds depletion date moves one year earlier to 2034, Treasury says
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New estimates for the depletion dates for Social Security and Medicare benefits released on Friday prompted retirement experts to urge Congress to take action.

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The Next ‘Bubble’ to Pop? Money-Market funds.
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FTX to sell stake in Web3-focused Mysten Labs in push to shore up funds
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Schwab Clients Pull $8.8 Billion From Prime Funds This Week
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Jeffrey Gundlach says Fed will hike funds rate next week to save credibility — but shouldn't
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While Gundlach sees more tightening ahead, he doesn’t think that’s the appropriate response right now as regulators’ rescue programs are inflationary in nature.

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Hedge funds and C-suites: Icahn prepares for proxy fight at Illumina | Pro Recap
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U.S. government steps in and says people with funds deposited at SVB will be able to access their money
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Banking regulators devised a plan Sunday to shore up deposits at Silicon Valley Bank, a critical step in stemming a feared panic.

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Hedge funds and banks offer to buy deposits trapped at Silicon Valley Bank
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SVB Financial Group adds to after-hours losses as some venture funds tell clients to pull money from the bank
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Schools want to close the Covid learning gap before federal funds run out — here’s how it’s going
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States and school districts have less than two years to use the rest of the federal pandemic recovery money earmarked for learning loss.

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Powerful Vanguard Mutual Funds for Your Roth IRA
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Hedge fund D. E. Shaw raises $1.1 billion for two private market funds
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Investors Are Exiting U.S. Stock Funds During 2023 Rally
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Facebook co-founder Moskovitz funds research into cooling the Earth with sunlight reflection
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The Degrees Initiative announces $900,000 in funding for scientists in Africa, Asia and South America to research sunlight reflection to fight climate change.

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FTX Wants Politicians, PACs to Return Donations—And May Sue to Recover Funds
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California lawyer Tom Girardi charged with stealing client funds
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Suze Orman says ‘most of America today has absolutely no money.’ Here’s where the guru is putting her funds.
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Binance holds token collateral and user funds on same wallet by ‘mistake’
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Roth IRA conversion taxes may be trickier than you expect. Here's what to know before filing — or converting funds in 2023
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If you completed a Roth individual retirement account conversion in 2022, your tax return may be complicated. Here’s what filers need to know.

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