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CEO of nonprofit backed by $97M in state funding departs

A nonprofit formed to boost the online programs at North Carolina's public universities is looking for its next CEO......»»

Category: topSource: bizjournalsMay 14th, 2024

Ohio colleges slated to receive nearly $70M from state-funded scholarship program

Created in 2007, the program provides scholarships to students in select academic programs developed by public and private colleges, universities and their business partners......»»

Category: topSource: bizjournalsApr 6th, 2021

The Tell: With lower returns on the horizon, public pensions will turn to riskier assets, Moody’s says

State and l.....»»

Category: topSource: marketwatchFeb 25th, 2021

Public pensions suffered the worst quarter in a decade

State and local government pensions had their worst quarter since the credit crisis more than a decade ago as the sudden shutdown of the global economy because of the coronavirus hit almost every asset class......»»

Category: topSource: moneycentralMay 12th, 2020

Japan plans to plow $1 trillion into its economy to combat a coronavirus downturn

Kent Nishimura/Getty Images Japan will provide $1 trillion in aid relief to mitigate the economic fallout from the novel coronavirus. The Japanese government will declare a "state of emergency" in seven prefectures, but public tra.....»»

Category: topSource: businessinsiderApr 7th, 2020

Market Extra: Market rout leaves public pension funds nursing a nearly $1 trillion loss for fiscal 2020: Moody’s

The global rout of financial markets this year is putting pressure on state and local government pension funds which are already struggling to fund themselves and pay for the future retirement benefits of public-sector workers......»»

Category: topSource: marketwatchMar 24th, 2020

Corporate pensions could undergo accounting overhauls

Feb. 28, 2020 Update: As the public pension crisis continues with few signs that the massive unfunded liabilities are being handled, there could be some... The post Corporate pensions could undergo accountin.....»»

Category: blogSource: valuewalkFeb 28th, 2020

Call on Trump to battle underfunded public pensions

Feb. 24, 2020 Update: The public pension crisis is no secret by this point as many of the nation’s state .....»»

Category: blogSource: valuewalkFeb 24th, 2020

Public pensions on track for a positive fiscal year

Feb. 6, 2020 Update: State and city pensions in the U.S. recorded a median return of 6.1% for the second half of 2019, according to... The post Public pensions on track for a positive fiscal year appeared first on ValueWalk......»»

Category: blogSource: valuewalkFeb 6th, 2020

The Wall Street bankers who burst Aramco"s $2 trillion bubble

In the three and a half years since Saudi Arabia’s Mohammed bin Salman first proposed an initial public offering of Aramco, the state oil company that pumps 10% of the world’s oil, the $2 trillion valuation had caused trouble......»»

Category: topSource: moneycentralDec 11th, 2019

Saudi Aramco prices shares at top of range in world"s biggest IPO

DUBAI/RIYADH Reuters) - State-owned oil giant Saudi Aramco's initial public offering (IPO) will be the biggest in history, but will still fall significantly short of the towering $2 trillion valuation long sought by Crown Prince M.....»»

Category: topSource: reutersDec 5th, 2019

State-owned oil giant Saudi Aramco is worth up to $1.7 trillion in a new IPO range, setting the stage for the world"s largest public listing

REUTERS/Hamad I Mohammed/File Photo State-owned oil giant Saudi Aramco on Sunday released a range for its initial public offering that places.....»»

Category: topSource: businessinsiderNov 17th, 2019

Today"s Pickup: Saudi Arabia"s State Oil Company Aramco Has The Lowest Breakeven Costs In The World

Good day, Saudi Arabia's national oil company Aramco is looking to raise an initial public offering (IPO) at an expected valuation of $2 trillion. In its IPO prospectus, Aramco said its .....»»

Category: earningsSource: benzingaNov 12th, 2019

How New York"s free tuition program is affecting private colleges, universities

Some private colleges and universities have gotten creative, trying things like discounting tuition, adding programs and looking at other new ways to attract more students, since New York state started its free tuition program for public universities.....»»

Category: topSource: bizjournalsOct 10th, 2019

Outside the Box: Low interest rates are compounding the big problems facing pension funds

With more than $1 trillion in unfunded liabilities, pensions face tough conversations around increasing contributions or changing benefits......»»

Category: topSource: marketwatchAug 30th, 2019

States are running out of money to pay their public employee pensions

A public employee pension crisis for state governments has deepened to a record level even after nearly nine years of economic recovery for the nation, according to a study released Thursday.....»»

Category: topSource: moneycentralApr 13th, 2018

Over-Promising Has Crippled Public Pensions, A 50-State Study

Authored by Ted Dabrowski and John Klingner via WirePoints.com, Introduction The real problem plaguing public pension funds nationwide has gone largely ignored. Most reporting usual.....»»

Category: blogSource: zerohedgeJul 23rd, 2018

Five Trillion Dollars! Doomed US Pensions" Shortfall Now The Size Of Japan"s Economy

Scores of public pensions across the United States are so massively.....»»

Category: blogSource: zerohedgeJul 31st, 2018

Market Extra: Chicago mulls sale of debt to fill pension funding hole — here’s why it’s a bad idea

As Chicago nears a decision on a multibillion sale of pension obligation bonds, analysts say the bonds have rarely succeeded at topping up unfunded public pensions, and are historically linked to fiscal stress and municipal debt defaults......»»

Category: topSource: marketwatchAug 21st, 2018

Market Extra: Chicago mulls $10 billion debt sale to fill pension funding hole — here’s why it’s a bad idea

As Chicago nears a decision on a multibillion sale of pension obligation bonds, analysts say the bonds have rarely succeeded at topping up unfunded public pensions, and are historically linked to fiscal stress and municipal debt defaults......»»

Category: topSource: marketwatchAug 22nd, 2018