Latest in 100m Funding Boost
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12:30 Report — Johnson scrambles to corral GOP funding votes
{beacon} 12:30 REPORT It’s Tuesday. It’s a stunningly beautiful day, and I wish Congress would move its business outside. TBH, I think a little fresh air would help everyone. Today's forecast in ...The Hill - 16h -
USDA cancels $1 billion in local meal funding for schools and food banks
The USDA said it is promoting wiser government spending, but schools say it will make it tougher to serve healthy meals.CBS News - 13h -
UK minister in ‘active discussions’ with pension funds to invest more in private markets
Torsten Bell says government is ‘encouraging, not instigating’ investment in wider range of assetsFinancial Times - 14h -
US House passes vote to extend federal funding until end of September
Legislation on stop-gap measure now moves to the Senate to avoid a government shutdownFinancial Times - 10h -
House funding vote puts Senate Democrats in a bind: From the Politics Desk
Senate Democrats are in a politically precarious position after the House passed a stopgap bill to avoid a government shutdown.NBC News - 9h -
Tuberculosis Resurgent as Trump Funding Cut Disrupts Treatment Globally
The United States was the major funder of tuberculosis programs. Now hundreds of thousands of sick patients can’t find tests or drugs, and risk spreading the disease.The New York Times - 8h -
Why Poland is still pushing for more EU-wide defence funding ideas
Also in this newsletter: A fresh push to charge Europe’s chip industryFinancial Times - 2h -
Germany’s Greens vow to block Merz’s flagship spending package
Party officials reject €500bn infrastructure fund plan and change to debt borrowing rules to fund defence spendingFinancial Times - 1d -
Nottingham Forest beats ailing Man City 1-0 to strengthen chances of Champions League qualification
Nottingham Forest’s improbable bid for Champions League qualification was boosted by a 1-0 win over ailing Manchester City in the Premier League with Callum Hudson-Odoi scoring the goal in the 83rd ...ABC News - 3d -
Stephen Moore: Tariffs 'are not a pick-me-up' for economy
President Trump’s former economic adviser, Stephen Moore, criticized the president’s approach to tariffs, saying the strategy does not provide the boost the already “wobbly” U.S. economy needs. “I ...The Hill - 1d -
House Republicans push Trump-backed bill to avoid shutdown, sparking backlash
High-stakes vote puts GOP lawmakers at odds with Democrats over cuts to social services and military boosts. House Republicans are gambling on a near party-line vote on Tuesday to avoid a looming ...The Guardian - 17h -
House GOP releases stopgap bill to avert shutdown
House GOP leaders on Saturday unveiled a stopgap funding bill, known as a continuing resolution, that will fund the government at current levels through September 2025.ABC News - 3d -
Funding bill skips measure to avert physician pay cuts, a blow to GOP Doctors Caucus
A key Republican said inclusion of the language would be a “line in the sand” necessary for his support.Politico - 3d -
Rohingya refugees in Bangladesh brace for upcoming food reductions as aid agencies cut funding
Rohingya refugees in crammed Bangladeshi camps say they are worried about a U.S. decision to cut food rations by half beginning next month, while a refugee official says the reduction will impact ...ABC News - 3d -
‘Nothing is off the table’ on EU defence funding, says Ursula von der Leyen
Commission president says ‘something fundamental’ has shifted and democracy and rule of law are under threat. “Nothing is off the table” when it comes to raising money for defence, the head of the ...The Guardian - 2d -
Many life-saving drugs fail for lack of funding. But there’s a solution: desperate rich people
Each year, hundreds of potentially world-changing treatments are discarded because scientists run out of cash. But where big pharma or altruists fear to tread, my friend and I have a solution. It’s ...The Guardian - 1d -
Keir Starmer’s poll ratings leap after Trump withdraws support for Ukraine
Around 30% of voters say they prefer Labour for dealing with ‘allies against threats to the UK’ in boost to party leader. Keir Starmer’s approval ratings have shot up since Donald Trump returned to ...The Guardian - 3d -
Female founders in the U.S. VC ecosystem: the good and the bad | Pitchbook (updated)
Women founders and investors raised $38.8 billion in funding in the U.S. in 2024, up 27% from the year before, according to PitchBook.VentureBeat - 6d -
Welevel raises $5.7M to revolutionize procedural game development
Indie game development studio Welevel today announced that it raised $5.7 million in funding to transform procedural game development.VentureBeat - 5d -
WATCH: Endangered cheetah sanctuary breaks ground in Africa
Cheetah Conservation Fund founder Laurie Marker discusses her organization’s fight to save cheetahs throughout the continent.ABC News - 4d -
France and Germany clash over ‘buy EU’ weapons
Berlin says new €150bn funding for defence industry should be open to non-EU partners, but Paris disagreesFinancial Times - 4d -
Afghan women who fled Taliban to study abroad face imminent return after USAID cuts
US aid funding enabled the women to study in Oman - but their scholarships have been abruptly terminated.BBC News - 4d -
Scammers Stole Their Retirement Savings. Then the Tax Bill Arrived.
The victims pulled money out of their retirement accounts. The withdrawals had inflated their taxable income, even though the funds quickly disappeared.The New York Times - 3d -
‘We don’t believe in the velvet rope:' One money manager is giving retail investors access to private credit. But is it worth it?
The exchange-traded fund industry is looking to give retail investors more access to alternative investments including private credit.CNBC - 3d -
Climate United Sues E.P.A. Over Frozen $20 Billion
In a lawsuit, Climate United claims the E.P.A. is illegally withholding funds that have become a target of the Trump administration.The New York Times - 3d -
Stand Up for Science Rally Sees Mix of Science, Politics and Anxiety
Thousands of protesters gathered in Washington for Stand Up for Science, a rally in response to President Trump’s federal-funding and job cuts.The New York Times - 2d -
AI frenzy leads US venture capital to biggest splurge in three years
Investor excitement over fast-developing technology has seen a flurry of massive funding rounds this yearFinancial Times - 2d -
North Korean hackers cash out hundreds of millions from $1.5bn ByBit hack
Hackers from the infamous Lazarus Group are in a cat-and-mouse game to launder their stolen funds from the ByBit heist.BBC News - 2d -
What will Trump mean for personal wealth?
Pension funds, retail investors and money managers are worrying about the future of American capital marketsFinancial Times - 2d -
Germany can spend almost €2tn without harming growth, economists say
FT survey finds ‘large fiscal capacity’, but economists urge would-be chancellor Friedrich Merz to spend funds wiselyFinancial Times - 2d -
Donald Trump bets propel Michael Platt’s BlueCrest to 15% gain
Hedge fund turned family office eclipses rivals with currency and bond wagers on a slowing US economyFinancial Times - 1d -
Why even cash is problematic for worried investors in this current state of chaos
Fleeing to money-markets funds isn’t the safe move you might think it is right now.MarketWatch - 1d -
Keir Starmer defends planned welfare cuts to anxious Labour MPs
Prime minister wants to reform disability benefit payments to help fund greater spending on defenceFinancial Times - 1d -
The two big questions looming over the shutdown fight: From the Politics Desk
Two big questions are looming over the shutdown fight as Republican lawmakers try to pass a stopgap bill to fund the government.NBC News - 1d -
From Maid to Mortgage Mogul: How Patty Arvielo Built a Billion-Dollar Lending Empire
Patty Arvielo built her company, New American Funding, to weather uncertainty and she still finds time to pay it forward.Inc. - 21h -
How Babba Rivera Built Her Own Destiny—and a Best-Selling Latinx Hair Brand
The mother of four has raised $11.5 million in funding since launching hair care brand Ceremonia in 2020.Inc. - 21h -
Von der Leyen says €150bn defence loans should be spent in Europe
Funds to be used on weapons from EU and like-minded European nations such as UK, Norway and SwitzerlandFinancial Times - 18h -
Vice President JD Vance urges GOP to fall in line as shutdown looms
House Republicans are slated to vote Tuesday on their spending bill that would fund the government at current levels through September 2025.ABC News - 13h -
European tech founders join forces to invest in young entrepreneurs
Podcaster Harry Stebbings is spearheading a €10mn fund to build tech start-ups to combat a ‘doom loop’ in EuropeFinancial Times - 3h