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Rail News - Connecticut Panel Oks $1.1B In Funding For Transportation Projects. For Railroad Career Professionals
Gov. Ned Lamont announced that the Connecticut State Bond Commission last week approved more than $1.1 billion in state funding that will be used for widespread improvements to the state's transportation system. Lamont chairs the State Bond Commission and determines which projects get placed on its agenda for approval. In a press release, the governor said he prioritized transportation projects to leverage all federal matching dollars available through the federal Infrastructure Investment and Jobs Act. "This funding will help bring … Full investment news article
Bofa Reports 10th Consecutive Week Of Equity Inflows
The global research team at Bank of America said that for the 10th consecutive week it saw equity buying from its clients during the week, which experienced a 3.3% decline in the S&P 500 (SP500). In total, BofA clients injected $3.1B into new positions as investors were buyers of both exchange traded funds as well as single stocks. Both hedge fund and retail clients participated in the inflows. Meanwhile, institutional clients of BofA retracted capital. Additionally, hedge fund clients recorded … Full investment news article
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