New Jersey’s public employees’ pension fund gained more than $5 billion in market value in the fiscal year ended June 30, bringing its total value to about $91.4 billion as it continued to rebound after heavy losses in 2022. That represents a 9.1% gain on investments, outperforming the funds’ benchmark and its long-term expected rate …
The federal government ended its fiscal year in September. Wrapping up a year in which some thought the shortfall could exceed $2 trillion, the United States had an imbalance of $1.695 trillion, or about $320 billion. The budget report comes out the same week that Biden asked Congress to allocate $105 billion for “national security …
The federal government ended its fiscal year in September. Wrapping up a year in which some thought the shortfall could exceed $2 trillion, the United States had an imbalance of $1.695 trillion, or about $320 billion. The budget report comes out the same week that Biden asked Congress to allocate $105 billion for “national security …