Kansas Public Employees Retirement System can now invest more in private markets because of a new law that removes the limit on the pension’s investments. In recent years, many LPs have had to make tough decisions because the denominator effect caused their allocations to private assets to reach or exceed their target ranges. Public pension...
Category: Us News
Pennsylvania Broadband Gets Big Boost From Latest Grant Funding
The Pennsylvania Broadband Development Authority (PBDA) recently announced that they will be investing over $204 million in public funds. This investment will be matched by over $200 million from private sources. The funds will be used to support broadband expansion projects in Pennsylvania. The money will be used to support 53 broadband projects in 42...
Spring Homebuying Season in Pennsylvania Rises with Sales and Prices
The housing market in Pennsylvania saw a big increase in March. Sales, listings, and median sales prices all went up, which shows that the spring homebuying season is off to a strong start. Although there has been a decrease compared to the previous year, the increase from month to month indicates a good time for...
Pennsylvania House Approves Malls-to-apartments Tax Abatement
In the future, some shopping malls in Pennsylvania may be transformed into mixed-use housing. This week, the Pennsylvania House approved House Bill 1799. This bill aims to revitalize unused and closing malls by providing tax credits and abatements. It also plans to establish a Mixed-Use Redevelopment Advisory Committee. The main goal is to transform these...
World’s Deadliest Creature Ready to Attack New York Again
The creature known as the “world’s deadliest” is beginning to wake up and is prepared to gather in large numbers in New York. During this time of year, animals are waking up. However, you might be surprised to learn about the animal that has been labeled as the “world’s deadliest” by the CDC. World’s Deadliest...
Squatters Take Over $2 Million Home in New York
There has been a lot of news about housing in the Empire State recently. The topic of safe and affordable housing in New York is currently being discussed due to the migrant crisis in New York City and the record increases in home prices and rent levels in many areas of the state. There is...
Man Who Attacked Police With Confederate Flag Receives Nearly 2 Years in Prison
A man from Kentucky went into the U.S. Capitol with a Confederate battle flag. He was given a prison sentence of over two years for using pepper spray on two police officers, which caused them to be partially blinded for several hours during the riot on January 6, 2021. Isreal Easterday, who was 19 years...
The Daughter of Ilhan Omar Claims She Was ‘basically Evicted’ After Suspension
The daughter of Representative Ilhan Omar, a Democrat from Minnesota, says she was essentially forced to leave her residence after being suspended from Columbia University’s Barnard College. The suspension was a result of her involvement in pro-Palestinian protests that took place on campus. Many students at Columbia University have been protesting on campus for several...
Tennessee’s Gop Governor Claims Volkswagen Plant Workers Erred in Union Vote
Tennessee Republican Governor Bill Lee expressed his belief on Monday that the workers at a Volkswagen plant in Chattanooga made a mistake by choosing to unionize with the United Auto Workers in a decisive election. However, he acknowledged that the decision was ultimately theirs to make. Before the vote, Lee and five other Republican governors...
New National Poll Finds Biden Ahead of Trump Among Registered Voters
According to a recent national poll of voters, President Biden is currently ahead of former President Trump by a small margin. This lead becomes slightly larger when focusing on those who are certain to vote in November. A recent poll by Marist/PBS NewsHour showed that Biden is currently leading Trump among registered voters. In this...