Your Cash Emergency Fund Probably Isnt Going to Cut It in This Economy
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Albertsons leans on technology and cost cuts to go it alone — but faces this near-term hurdle
With no Kroger merger to rely on, grocery chain Albertsons said it would lean into an array of initiatives to drive growth.MarketWatch - 6d -
Anthropic in Talks for $2 Billion Funding Round
The financing efforts follow new funding rounds by Elon Musk’s xAI and the market leader, OpenAI, which is now valued at $157 billion.The New York Times - 6d -
Trump Inauguration, Awash in Cash, Runs Out of Perks for Big Donors
The president-elect has raised more than $170 million for his swearing-in, an inaugural record, as wealthy Americans flock to curry favor with him and some give money even without the prospect of ...The New York Times - 6d -
Bitcoin Is Luring More Companies and Their Cash
It is a sharp pivot away from the cautious approach of the traditional corporate treasury, normally charged with safeguarding cash rather than chasing higher returns.The New York Times - 6d -
LA official on California wildfires: This is a public safety emergency
Los Angeles councilmember, Traci Park, who represents one of the areas under siege from the intense wildfires, joins TODAY to share an update and break down what people should know about the ...NBC News - 6d -
FirstFT: California declares state of emergency as wildfires rage
Also in today’s newsletter, Facebook ends third-party fact-checking, and analysts turn on Citi’s chief executiveFinancial Times - 6d -
China expands ‘cash for clunkers’ scheme to rice cookers and microwaves
Beijing unveils $11bn in subsidies to trade in appliances amid concern over weak economic momentumFinancial Times - Jan. 8 -
Johnson says no cuts to Social Security and Medicare to fund Trump's agenda
House Speaker Mike Johnson said cuts to Social Security and Medicare won't be part of the legislative plan being worked out to fund President-elect Donald Trump's agenda.ABC News - Jan. 7 -
Anthropic in talks to raise funding at $60 billion valuation
AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.CNBC - Jan. 7 -
Developed economies across the globe are abandoning progressive policies
In developed economies, progressive-liberal policy agendas such as open borders, the green energy transition and transgender youth are being rejected by voters, leading to political shifts towards ...The Hill - Jan. 7 -
Bradley Beal calls Suns benching 'difficult,' but win vs. 76ers shows it's probably for the best
Phoenix won its first game with Beal coming off the bench, and he scored 25 pointsCBS Sports - Jan. 7 -
This fund manager forecast a 20% S&P 500 gain last year. Now he says cash is king.
Dan Niles, founder of Niles Investment Management, says the S&P could swing much higher or lower in 2025, and investors need to protect themselves.MarketWatch - Jan. 7 -
China’s economy still hasn’t fully emerged from the pandemic as a new year dawns
Weak consumer demand is just one of a range of factors plaguing the economy as the calendar turns from 2024 to 2025, even after policy makers meted out stimulus measures throughout the past year.MarketWatch - Jan. 6 -
China's economy is causing a hangover for spirits giants
Yahoo News - Jan. 6 -
Seahawks' Smith cashes in on $6M bonus in win
While Geno Smith said he cared most about the win in Sunday's finale, he also hit three contract escalators in the game worth $6 million.ESPN - Jan. 5 -
Cicada invasion 2025: Where will the insects emerge this year?
The insects have been silent for a few months now, but come spring 2025 their songs will ring out again.The Hill - Jan. 5 -
Cash incentives for GPs under Labour’s radical plan to cut NHS waiting lists
Doctors will be given £20 each time they consult with a specialist to see if there is an alternative to hospital visits. GPs will be offered financial incentives to discuss with specialists whether ...The Guardian - Jan. 5 -
ATF head warns that the Trump administration's funding cut plans could risk lives
Steve Dettelbach, the director of the Bureau of Alcohol, Tobacco, Firearms and Explosives, warned that President-elect Donald Trump's plans to reduce funding for the agency could risk lives. Scott ...CBS News - Jan. 4 -
Kinzinger on 'changed' GOP: 'I'm probably closer to a Democrat now'
Former Rep. Adam Kinzinger (R-Ill.) reflected on the “changed” Republican Party, saying he finds himself being “probably closer to a Democrat now” politically, arguing the Democratic Party is ...The Hill - Jan. 5 -
Ravens LB Kyle Van Noy has fitting celebration after sack cashes $250K contract incentive
Kyle Van Noy knew exactly what a sack was worth on Saturday.Yahoo Sports - Jan. 4 -
Should you set your thermostat to 'emergency heat' when weather is very cold?
If you're not feeling the warmth, HVAC experts say you may need to switch the mode on your thermostat.The Hill - Jan. 4 -
Baerbock: EU will not fund the Islamization of Syria
Yahoo News - Jan. 4 -
Where the next financial crisis could emerge
As the IMF has warned, the rise and rise of private credit brings systemic risksFinancial Times - Jan. 4 -
Streeting to unveil extra funding for English hospitals that cut waiting times fastest
Health secretary’s move intended to push NHS leaders to achieve government’s 18-week non-urgent treatment ‘milestone’Financial Times - Jan. 4 -
Flyers & Maple Leafs Emerging As Potential Trade Partners
These Flyers forwards could get the attention of the Maple Leafs.Yahoo Sports - Jan. 3 -
Slovakia threatens to cut benefit for Ukrainians
Yahoo News - Jan. 3 -
Slovakia threatens to cut benefit for Ukrainians
A dispute between Slovakia and Ukraine over Russian natural gas transit has been escalating.BBC News - Jan. 2 -
Hedge funds Citadel and Millennium gain 15% in 2024
Ken Griffin and Izzy Englander’s funds likely to have outperformed wider hedge fund industryFinancial Times - Jan. 2 -
Carville on Harris loss: ‘It is and it always will be the economy, stupid’
Democratic strategist James Carville, who coined the phrase “It’s the economy, stupid,” admitted his predictions for the 2024 race were wrong and that Democrats lost because of the economy. ...The Hill - Jan. 2 -
Fears Grow of Islamic State's Re-Emergence in Syria
The group is looking to exploit Syria’s uncertain future to rebuild its influence—half a decade after U.S.-led forces broke its hold on swaths of territory and millions of people.The Wall Street Journal - Jan. 2 -
Why Trump should switch sides on the US Steel-Nippon Steel merger (but probably won’t)
The clock is ticking on government approval for the U.S. Steel-Nippon Steel merger, and whether short-term political buffoonery will win out over inexorable economic logic. My money is on buffoonery.The Hill - Jan. 2 -
Psychiatrists Discovered Doing This Just Once a Month Cuts Your Risk of Depression in Half
Looking for an easy but impactful new year’s resolution? Do this once a month in 2025 and you’ll cut your risk of depression in half.Inc. - Jan. 2 -
How Saffron, a Precious Import, Became an American Cash Crop
It’s hard work to harvest, but a growing cadre of small farmers and home gardeners are cultivating the spice for profit, or simply pleasure.The New York Times - Jan. 2 -
Number of US venture capital firms falls as cash flows to tech’s top investors
Risk-averse financial institutions concentrate money on biggest Silicon Valley VCs in trend that threatens smaller groupsFinancial Times - Jan. 1 -
When your roommate is the worst
When your roommate is the worstBBC News - Dec. 27
