Tory Mp Mark Menzies Loses Whip over Alleged Misuse of Funds
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Supreme Court: Consumer Financial Protection Bureau funding doesn't violate Constitution
The Supreme Court has ruled the Consumer Financial Protection Bureau's funding practices do not violate the Constitution. CBS News legal contributor Jessica Levinson breaks down the ruling.CBS News - Top stories -
Supreme Court rules Consumer Financial Protection Bureau funding structure is legal
The Supreme Court decision protects the CFPB from the potentially crippling risk that Republicans in Congress will block annual funding for the agency.CNBC - Business -
FirstFT: Investors pull money from Starwood $10bn property fund
Also in today’s newsletter, Shein switches IPO plans from New York to London and Pfizer hopes to settle thousands of lawsuitsFinancial Times - World -
House GOP looks to undercut McCarthy-Biden deal for 2025 funding
Rep. Tom Cole (R-Okla.), chair of the powerful House Appropriations Committee, on Thursday previewed the funding levels at which GOP negotiators are seeking to craft their annual government spending bills for fiscal 2025. Republicans are proposing ...The Hill - Politics -
Supreme Court Upholds Consumer Finance Protection Bureau Funding Method
The way the agency--a target of a conservative attacks--gets money from the federal government does not violate the Constitution, the court rules in a 7-2 vote.Inc. - Business -
Param Labs raises $7M to fund gaming ecosystem development
Param Labs announced it's raised $7 million in its latest funding round to fund its modular gaming ecosystem.VentureBeat - Tech -
These tips for investing in mutual funds and ETFs shine a light on your money
Leadership changes at Vanguard, a big investor favors a gold ETF, and selling stocks to buy index funds.MarketWatch - Business -
Reroute funding to boost local NHS services, says opinion poll
Public priorities at odds with government spending programme for community healthcare, data showFinancial Times - World -
Biden's HHS is trying to twist the Hyde Amendment to mandate abortion funding
HHS has taken a lot of aggressive positions under this administration, but this may be its most ludicrous.The Hill - Politics - Joe Biden -
BlackRock funds are ‘crushing shareholder rights,' says activist Boaz Weinstein
Boaz Weinstein is fighting for control or reform at 10 BlackRock closed-end funds, which trade at a steep discount to their net asset value.CNBC - Business -
Millions of Colombians Face Two New Fees on Their Pension Fund Savings
Yahoo News - World -
Pension funds need ‘compelling’ returns from UK nuclear projects to invest
Potential investors tell Jeremy Hunt regulatory clarity also essential before backing new power plantsFinancial Times - World - United Kingdom -
House Republicans pick funding totals, undercutting debt limit deal
Politico - Politics - Republican Party -
House Democrat says cutting federal funds for Harvard 'needs to be on the table'
Rep. Jake Auchincloss (D-Mass.) on Sunday said cutting federal funds for Harvard University and other schools should be an option "on the table" over their handling of campus antisemitism. Auchincloss, who is an alum of Harvard, visited the Ivy ...The Hill - Politics -
Vanguard defends dominance of US equities in EU-domiciled funds
Response follows warnings of ‘unintended consequences’ of passive funds shunning EU corporationsFinancial Times - World -
Crypto Venture Firm New Form Aims to Raise $100 Million Fund
Crypto and blockchain-focused venture firm New Form Capital is returning to the fundraising market, seeking to raise a $100 million fund in the latest sign investors remain bullish on the once-beleaguered crypto sector.The Wall Street Journal - World - Crypto -
Greenlight Capital’s clash with a former employee has captivated the hedge-fund world
James Fishback, 29, says he was employed as Head of Macro at Greenlight Capital. The New York hedge fund says that position never existed.MarketWatch - Business -
Crypto Startups Pull $2.4 Billion in Venture Funding in First Quarter of 2024
Data from Pitchbook shows a 40 percent jump in investments in crypto startups from the last three months of 2023.Inc. - Business -
Are market-beating fund managers truly skilled or just lucky?
The case for index funds strengthens against the reality that most managers underperform.MarketWatch - Business -
New York lawmakers push to block hedge funds’ sovereign bond litigation
Bill seeks to stop ‘vulture fund’ investors from winning high payouts through the state’s courtsFinancial Times - Business - New York -
Trump’s Reported Fund-Raising Tops Biden’s for First Time
The pace of giving to Donald Trump’s campaign and the Republican Party picked up in April, according to his advisers. But President Biden still has far more cash on hand.The New York Times - Top stories - Joe Biden -
Bottom Line: IOM adds House appropriations staffer to defend federal funding
Foreign Affairs The United Nations’ International Organization for Migration (IOM) hired Cornerstone Government Affairs to educate members on IOM and lobby for “consistent core funding in the FY 2025 appropriations cycle,” according to a new ...The Hill - Politics -
AltruBio Gathers Funds as Biotechs Aim for Next Blockbuster Anti-Inflammatory Therapy
Biotechnology startup AltruBio has secured fresh capital to develop a drug for ulcerative colitis as drugmakers compete to develop the next blockbuster therapy for this and other inflammatory diseases.The Wall Street Journal - World -
What the fund flow data tell us about the stock and bond markets
Many investors are surprised to learn that there is an inverse relationship between fund flows and performance.MarketWatch - Business -
Sunak says infected blood inquiry report marks a ‘day of shame for British state’ and offers ‘unequivocal apology’ – UK politics live
PM gives statement following report that found ‘subtle, pervasive and chilling’ cover-up by NHS and government. GB News has described the Ofcom ruling against it today (see 10.51am and 11.01am) as an “alarming development” that should “terrify” ...The Guardian - World - United Kingdom -
Refinancing student debt is risky amid Biden forgiveness push. Borrowers 'forever lose access' to safety nets, advocates say
As protections and relief options for federal student loan borrowers grow, refinancing your debt may be a risky move, consumer advocates say.CNBC - Business - Joe Biden -
Bay Area high school student shares shock of losing relatives in Gaza war
Yahoo News - World -
All football fans are different so wanting to lose – or have massive tattoos – is fine | Max Rushden
Angst suffered by Spurs supporters about doing Arsenal a favour was a rarity. It’s already time to move on. Son Heung-min is running through in the 87th minute at the Tottenham Hotspur Stadium. A draw does virtually nothing for Spurs, but it hands ...The Guardian - World -
Being a 'Doctor Who' fan means learning how to love and lose and love again
No matter how great the new Doctor is on 'Doctor Who,' it's always a wrench to let go of the old.Los Angeles Times - Entertainment -
Nuggets lose by 45, will play a Game 7 vs. Wolves; how will Xander Schauffele respond after round of 62?
Instead of advancing to the Western Conference Finals, the Nuggets are now on the verge of elimination against the TimberwolvesCBS Sports - Sports - NBA -
Francis Ford Coppola: US politics is at ‘the point where we might lose our republic’
Speaking at Cannes, the director says Megalopolis, his reworking of ancient Rome’s Catiline conspiracy, has become ever more prescient. Megalopolis review – Coppola’s passion project is megabloated and megaboring. The US, whose founders tried to ...The Guardian - World -
4 dead as severe storms hit Houston area; hundreds of thousands lose power in Texas
Storms tore through Texas, killing at least four people and knocking out power to nearly 800,000 customers. Emergency crews have begun clearing debris and assessing flooding.NBC News - Top stories -
Beware the Biden factor, Keir Starmer: you can govern well and still risk losing the country | Jonathan Freedland
Politics is about achieving things and telling a compelling story. But neither the president – nor Starmer – can match Trump’s gift for narrative. The smile was the giveaway. Asked whether he was “just a copycat” of Tony Blair at the launch of his ...The Guardian - World - Joe Biden -
There’s an article I shouldn't tell you about – is contempt law in a losing battle with reality? | Archie Bland
The concept behind the Contempt of Court Act is laudable, but in the age of social media it is clear an update is needed. An article has been published in the New Yorker about the trial of Lucy Letby. It has been geoblocked in the UK, but it can ...The Guardian - World -
Biden is dramatically out of touch with voters on Gaza. He may lose because of it | Moira Donegan
The president’s shedding key constituencies. If morality won’t move him to end his support of this war, will self-interest?. Joe Biden’s re-election team is playing it cool. The Biden campaign has long been shrugging at the president’s fading ...The Guardian - World - Joe Biden -
3 North Koreans infiltrated US companies in 'staggering' alleged telework fraud: DOJ
The DOJ has unsealed an indictment charging three North Korean workers and a United States citizen with allegedly engaging in "staggering fraud" through a complex scheme.ABC News - Top stories -
Alleged ‘deal’ offer from Trump to big oil could save industry $110bn, study finds
Ex-president at Mar-a-Lago last month hosted more than 20 executives, including from Chevron, Exxon and Occidental. A “deal” allegedly offered by Donald Trump to big-oil executives as he sought $1bn in campaign donations could save the industry ...The Guardian - World - Donald Trump -
Kevin Spacey gets support from Liam Neeson and others after fresh assault allegations
Sharon Stone, Liam Neeson and Stephen Fry condemn media attention on Kevin Spacey, who has been exiled from Hollywood since sexual assault allegations in 2017.Los Angeles Times - Entertainment -
Sharon Stone and Liam Neeson want Kevin Spacey to return to acting despite new allegations
Sharon Stone, Liam Neeson and more actors are coming to the defense of Kevin Spacey and calling for his return to the industry at large.NBC News - Top stories -
Fanatics sues Cardinals rookie Marvin Harrison Jr. for alleged breach of contract, per report
The wide receiver has carved his own path since leaving collegeCBS Sports - Sports - MLB