New York is facing calls from faculty to boost the state’s public university system by launching a university endowment — a step dozens of other states have taken.
President Biden plans to nominate Fed Chairman Jerome Powell for a second term, opting for policy continuity despite resistance from some progressives. Lael Brainard will be nominated as vice chair.
The board that oversees Massachusetts’ state pension fund is considering becoming a shareholder activist, pushing all companies in which it invests to take climate action.
The Arkansas Public Employees Retirement System’s investments dropped in value last quarter by $94 million to $11.5 billion, an investment consultant reported Wednesday.