Latest in Biden administration finalizes nearly $8B in CHIPS funding for Intel
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Johnson's government funding timeline differs from other Republicans' plans
After weekend with Trump, House Speaker Mike Johnson laid out a tentative plan to keep the government funded that could tee up a funding fight in Trump’s first 100 days.Top stories - ABC News - November 18 -
This age group owns 79% of stocks and equity funds. Why that’s good for bonds.
Bonds should do well in the years ahead, as age demographics are set to play in their favor.Business - MarketWatch - November 20 -
Government commission proposes Manhattan Project-style AI funding plan
A U.S. congressional commission proposed a "Manhattan Project-like" initiative for the funding of artificial intelligence (AI) development in a larger push to stay ahead of China's technological ...Politics - The Hill - November 19 -
Hedge funds have already started bailing out of ‘Trump trades’
Hedge funds switched to become net sellers of financial and industrial stocks having previously piled into the two sectors in the immediate wake of the U.S. elections, new analysis by Morgan ...Business - MarketWatch - November 20 -
Wrangling over whether to punt government funding to Trump heats up
The debate among Republicans over whether to punt government funding into the new year is heating up, as lawmakers race toward their next shutdown deadline. Speaker Mike Johnson (R-La.) this week ...Politics - The Hill - November 20 -
Hedge funds are piling into the nuclear sector, Goldman Sachs’ analysis shows
Hedge funds are picking up stocks in nuclear power producers in seeking to capitalize on the artificial intelligence boom, new analysis from Goldman Sachs showsBusiness - MarketWatch - November 20 -
Elon Musk's xAI Startup Is Valued at $50 Billion in New Funding Round
The artificial-intelligence company has told investors it raised $5 billion in its latest funding round.Tech - The Wall Street Journal - November 20