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Most of the largest U.S. state and local government pension funds have dodged the ongoing fallout from the collapse of crypto exchange FTX by not directly investing in digital tokens.
Most of the largest US state and local government pension funds have dodged the ongoing fallout from the collapse of crypto exchange FTX.
Phil Murphy promised to restore New Jersey's fiscal health. Based on improving credit ratings, it appears he's delivering on that promise.
Improved commitments to pension funding, coupled with other changes to the two states' retirement systems, have yielded bond rating upgrades for both.
Locally, a Republican precinct chairperson race ends in a tie