Latest in Family offices are about to surpass hedge funds, with $5.4 trillion in assets by 2030
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Daughter of former family vlogger Ruby Franke opens up about abuse her mother inflicted
Shari Franke, the eldest daughter of Ruby Franke, a once-popular family vlogger who was convicted of child abuse, opened up about whether she could ever forgive her mother.NBC News - Jan. 7 -
AI Startup Anthropic Raising Funds Valuing It at $60 Billion
The Amazon-backed OpenAI rival was valued at $18 billion last year.The Wall Street Journal - Jan. 7 -
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 -
Bitcoin drops below $97,000 as Treasury yields pressure risk assets
Bitcoin slumped on Tuesday as a spike in Treasury yields weighed on risk assets broadly.CNBC - 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 -
Hims & Hers donates $1 million to Trump's inauguration fund
OpenAI CEO Sam Altman and Meta both announced $1 million donations, and Amazon and Apple CEO Tim Cook have also reportedly contributed.CNBC - Jan. 7 -
Global VC investments rose 5.4% to $368.5B in 2024, but deals fell 17% | NVCA/Pitchbook
Global venture capital investments rose to $368.5 billion in 2024, up 5.4% from $349.4 billion a year earlier, the NVCA/Pitchbook said.VentureBeat - Jan. 7 -
Nvidia’s Nemotron Model Families will advance AI agents
Nvidia announced Nemotron Model Families to advance agentic AI as part of its bevy of AI announcements at CES 2025 today.VentureBeat - Jan. 7 -
Biden meets with families of victims of New Orleans attack
President Joe Biden and first lady Jill Biden met with families, survivors and local law enforcement affected by the New Year's Day attack in New Orleans that killed 14 people and wounded dozens of ...NBC News - Jan. 7 -
Trump backtracks from 'one big, beautiful bill' to fund his agenda
After nearly derailing a spending bill last month, Trump continues to shake up business on Capitol Hill, shifting positions on how Republicans should fund his policies.ABC News - Jan. 6 -
Garland thinking about officers 'who still bear the scars' on Jan. 6 anniversary
Attorney General Merrick Garland commended the officers who respond to the Jan. 6, 2021, riot at the Capitol. “On this day, four years ago, police officers were brutally assaulted while bravely ...The Hill - Jan. 6 -
Nicolas Sarkozy goes on trial accused of receiving illegal funding from Gaddafi
Former French president alleged to have received millions of euros from Libyan dictator’s regime to fund campaign. Nicolas Sarkozy has gone on trial over allegations he received millions of euros ...The Guardian - 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 problemFinancial Times - Jan. 6 -
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Private equity to lobby Trump for access to savers’ retirement funds
Industry hopes incoming administration will open long-restricted private investments to individual investorsFinancial Times - Jan. 6 -
'Whole life gone' in house fire, family says
Laura, Toby and their two autistic sons now live with grandparents after losing their home in fire before Christmas.BBC News - Jan. 5 -
UK altnets count cost of ‘gold rush’ end after collective losses surpass £1bn
Alternative network providers under pressure to demonstrate they can be profitable businesses not just buildersFinancial Times - Jan. 5 -
Ravens wrap up the AFC North with a 35-10 rout of Cleveland; Jackson surpasses 4,000 yards passing
Lamar Jackson threw two touchdown passes, and the Baltimore Ravens won the AFC North for the second straight season, clinching the division with a 35-10 victory over the Cleveland BrownsABC News - Jan. 4 -
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Rudy Giuliani, Slow to Transfer Assets to Election Workers, Could Be Held in Contempt
The former mayor of New York City could be held in contempt of court after failing to fully comply with orders to surrender millions of dollars in assets to election workers he defamed.The New York 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 -
Thai PM declares luxury handbags, watches among $400 million in assets
Thailand's youngest-ever leader has more than 200 designer handbags worth over $2 million, as well as property in London and Japan, her party said.CBS News - Jan. 3 -
Gold prices are climbing once again. What gold assets should I invest in now?
After weeks of price dips, the price of gold is on an upswing, so investing in certain assets could pay off.CBS News - Jan. 3 -
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Thai prime minister declares £324m in assets including 217 designer handbags
Paetongtarn Shinawatra made required wealth declaration to national anti-corruption commission. Thailand’s prime minister, Paetongtarn Shinawatra, has declared £324m in assets including a ...The Guardian - Jan. 3 -
Helping boomers spend their retirement funds is harder than it sounds
Worries about running out of money makes people frugal and wary of taking any big pension decisionsFinancial Times - Jan. 3 -
Ken Griffin's flagship hedge fund at Citadel climbs 15.1% in 2024
The billionaire investor's handful of hedge funds all posted double-digit returns in 2024, led by its tactical trading strategy.CNBC - Jan. 2 -
Nvidia’s Market Value Got a $2 Trillion Boost in the AI rally of 2024
The AI chipmaker recorded the largest market cap increase of any publicly listed company in 2024, nearly tripling in value to $3.28 trillion by the end of the year.Inc. - 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 -
College Football Playoff overreactions: Big Ten has surpassed the SEC, Ohio State looks unbeatable
The Buckeyes are playing better than anyone in college footballCBS Sports - Jan. 2 -
Carter family expresses gratitude for 'outpouring of love and support'
The family of former President Carter expressed its gratitude for the global expressions of support as it grieves his death at the age of 100 on Sunday. “The outpouring of love and support we have ...The Hill - Jan. 2 -
UK needs to ban full hybrid cars by 2030 or face net zero ‘catastrophe’, says motoring body
Electric Vehicles UK says hybrids without a plug should be banned or else confidence in electric cars will be damaged. Britain needs to press ahead with a ban on the sale of new hybrid cars with no ...The Guardian - Jan. 2 -
Will 2025 be the year for plain vanilla ETFs or private assets?
After healthy returns from US equities, investors are being warned the era could end, and unlisted securities could be the answerFinancial Times - Jan. 2 -
Pakistan, India conduct annual exchange of lists of nuclear assets
Pakistan's Foreign Ministry said it has exchanged lists of nuclear facilities with India as part of a bilateral pact that bars them from attacking each other’s nuclear facilitiesABC News - Jan. 1 -
Pakistan and India conduct annual exchange of lists of nuclear assets under bilateral pact
Pakistan's Foreign Ministry said it has exchanged lists of nuclear facilities with India as part of a bilateral pact that bars them from attacking each other’s nuclear facilitiesABC News - Jan. 1 -
The struggle to reunite children with families in war-torn Gaza
An estimated 17,000 children are unaccompanied or separated from family who would ordinarily care for them.BBC News - Jan. 1 -
US investors in China venture funds race to comply with new tech rules
Financial institutions rush to secure assurances their money is not being used to develop Chinese technologyFinancial Times - Jan. 1
