Goldman Sachs to deepen exposure to booming private credit industry

• Goldman’s Solomon says US economy in a ‘fragile place’

  Wall Street bank’s chief expects deregulation under Trump to spur business investment but urges caution
  
  Financial Times - 4h
• 

  Sarah Hoover Dishes on Her Life with Tom Sachs in a New Memoir

  In a new memoir, Sarah Hoover grapples with the uglier moments that she and her husband, the artist Tom Sachs, have faced while navigating parenthood.
  
  The New York Times - 4d
• 

  Early ‘forever chemicals’ exposure could impact economic success in adulthood – study

  Those who lived in regions with firefighting training areas earned about 1.7% less later in life, research shows. Early life exposure to toxic PFAS “forever chemicals” could impact economic success ...
  
  The Guardian - 4d

• Israel's Defense Industry Booms on Foreign Demand and War at Home

  Despite arms embargoes over its handling of the war in Gaza, Israel’s top three defense companies are on pace to sell more weapons than ever.
  
  The Wall Street Journal - 5d
• 

  Study Links High Fluoride Exposure to Lower I.Q. in Children

  The results of a new federal analysis were drawn from studies conducted in other countries, where drinking water contains more fluoride than in the United States.
  
  The New York Times - 5d
• 

  Study Links High Fluoride Exposure to Lower I.Q. in Children

  The results of a new federal analysis were drawn from studies conducted in other countries, where drinking water contains more fluoride than in the United States.
  
  The New York Times - 5d

• New ETFs that combine bitcoin exposure and options are coming in 2025

  Calamos is set to launch a fund later in January that uses options to create a target exposure to bitcoin, one of many crypto fund ideas in the ETF pipeline.
  
  CNBC - Jan. 6

• FirstFT: Private equity to lobby Trump as industry seeks to tap retirement funds

  Also in today’s newsletter, China’s equity markets extend poor start to the year and accountancy’s Gen Z problem
  
  Financial Times - Jan. 6

• India’s next digital payments boom

  Also in this newsletter: Is India’s stock market run waning and some New Year’s Eve party stats
  
  Financial Times - Jan. 3

More from Financial Times

• 

  UK City minister Tulip Siddiq resigns

  Labour MP caught up in a scandal involving the ousted Bangladeshi government
  
  Financial Times - 2h
• 

  How Israel erased a town of 200,000

  Old maps, illustrations and videos of destruction tell the story of refugee camp levelled in Gaza offensive
  
  Financial Times - 6h
• 

  Trump’s threat to US liberal democracy

  We must hope that the American people will not lightly abandon the enlightenment traditions of their country
  
  Financial Times - 6h
• 

  Reeves shrugs off calls for resignation as she promises UK growth plan

  Chancellor has faced increasing criticism over her handling of the economy
  
  Financial Times - 8h
• 

  Trump Pentagon pick Hegseth claims he is victim of ‘smear campaign’

  Sexual assault allegations resurface in Senate hearing over former Fox News host’s nomination to run defence
  
  Financial Times - 5h

More in Business

• Bond ETFs are down in 2025 ahead of highly anticipated U.S. inflation data

  The U.S. bond market is broadly down so far this year, with funds that provide exposure to fixed-income assets hurt by a recent rapid ascent in Treasury yields.
  
  MarketWatch - 33m

• Mark Wiedman, a top BlackRock exec thought to be Fink's successor, is leaving the company

  Wiedman, head of the global client business, was instrumental in driving BlackRock's growth in passive investing.
  
  CNBC - 37m
• 

  This Founder Is Hustling to Turn LA’s Swimming Pools Into Fire Hydrants

  As demand triples, Brushfire Battle Systems is scrambling to fill orders.
  
  Inc. - 40m

• Microsoft pauses hiring in U.S. consulting unit as part of cost-cutting plan, memo says

  Microsoft plans to pause hiring in part of its consulting business in the U.S., according to an internal memo, as the company seeks ways to reel in expenses.
  
  CNBC - 48m

• Intel to spin off venture capital arm as chipmaker continues to restructure

  Intel said on Tuesday that it plans to spin off Intel Capital, its venture capital wing, into an independent firm
  
  CNBC - 50m