Exchange-traded funds have a 'tax magic' that many mutual funds don't offer

Fewer exchange-traded funds generate capital gains distributions for investors each year relative to mutual funds.

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Hedge fund Millennium gains 15% in 2024

Izzy Englander’s fund likely to have outperformed wider hedge fund industry
Financial Times - 50m
NPR and PBS Stations Brace for Funding Battle Under Trump

Republicans in Congress have tried to defund public media for decades. With the help of Elon Musk, could they finally make good on their threat?
The New York Times - 6d
Elon Musk’s xAI Raises $6 Billion in New Funding

“A lot of compute is needed,” Mr. Musk said in a post about the financing, in which BlackRock, Fidelity and Sequoia participated.
The New York Times - Dec. 24
We don't really know how many homes we're building

Even holiday caravans have been known to skew England’s housebuilding data
Financial Times - 11h
Detroit Pistons vs. Orlando Magic: How to watch online, live stream info, start time, TV channel

How to watch Pistons vs. Magic basketball game
CBS Sports - 14h
Here are 9 states cutting their individual income taxes on Jan. 1

Some states are ushering in lower income tax rates in January, part of a recent push to cut taxes for their residents.
CBS News - 22h
US investors in China venture funds race to comply with new tech rules

Financial institutions rush to secure assurances their money is not being used to develop Chinese technology
Financial Times - 1d