Latest in FirstFT: $450bn flows out of active funds
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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 - 6h -
100% stocks for retirement? A new study says dump the 60/40 portfolio and target-date funds.
An all-equity portfolio, with a focus on international stocks, could be the key to maximizing retirement wealth, research suggests.MarketWatch - 15h -
Matthew Livelsberger left 'diary of activity' criticizing the government before dying in Cybertruck explosion
A decorated Army veteran suffering from post-traumatic stress disorder called U.S. government leadership “weak” and appeared to acknowledge he purposely blew up a Tesla Cybertruck at the entrance ...NBC News - 1d -
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 - 2d -
Ange unbothered by Maddison's darts outing
Tottenham manager Ange Postecoglou said he had no issues with James Maddison going to watch the PDC World Darts Championship just hours after the midfielder could not start in their 2-2 home draw ...ESPN - 15h -
How increased Israeli military activity is changing the Middle East
The Biden administration notified Congress of a proposed $8 billion arms sale to Israel as the U.S. government maintains its strong support for its ally in the Middle East. While the Israeli ...CBS News - 16h -
Do stock holdings reflect individual risk preferences or the growing use of target-date funds?
I suspected most financial assets were in 401(k) plans and most 401(k) holdings were directed by target-date funds, but the data told a somewhat different story.MarketWatch - 18h -
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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 - 1d -
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Buoyed by transfers, Irish knock UGA out of CFP
Notre Dame got starring performances from transfers such as QB Riley Leonard in Thursday's 23-10 win over Georgia in a CFP quarterfinal, giving the Irish one of their biggest victories in decades.ESPN - 1d -
Djokovic out of Brisbane in shock defeat by Opelka
Top seed Novak Djokovic is out of the Brisbane International, beaten 7-6 (8-6) 6-3 in the quarter-finals by Reilly Opelka.BBC News - 1d -
Active-duty US Army Green Beret identified as Cybertruck suspect
Law enforcement officials say they have identified the primary suspect in the Cybertruck explosion in Las Vegas on New Year's Day as a highly decorated active duty Army soldier who was on approved ...NBC News - 1d -
FirstFT: China’s central bank prepares for historic monetary policy shift
Also in today’s newsletter, cold winter snap stokes US heating prices and a shake-up at the top of MetaFinancial Times - 1d -
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 - 1d -
These tips for investing in mutual funds and ETFs can make 2025 a happy new year
Don’t miss these top money and investing features.MarketWatch - 2d -
Premier League: 10 things to look out for this weekend
Antonee Robinson is running rampant while Eberechi Eze and Erling Haaland hope to build on goals from last time out. The contrast is significant. Newcastle arrive on the back of four league wins ...The Guardian - 2d -
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 - 2d -
Ukraine just stopped Russian gas flows to Europe. Here's who's most at risk
Austria has insisted it is well prepared for the stoppage, but Slovakia has threatened to cut electricity supplies to neighboring Ukraine.CNBC - 2d -
Barkley at peace with sitting out on cusp of mark
The Eagles plan to rest key players, including Saquon Barkley, against the Giants, coach Nick Sirianni said Wednesday.ESPN - 2d -
Ukraine halts flow of Russian gas to Europe, ending an era
A Ukrainian pipeline supplying Russian natural gas to Europe was closed Wednesday after Ukraine declined to renew the deal keeping it open.NBC News - 2d -
FirstFT: Trump’s protectionist policies will hurt global growth, economists warn
Also in today’s newsletter, ‘terrorism’ in New Orleans and the business trends to watch in 2025Financial Times - 2d -
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Texas FBI, local police 'conducting law enforcement activity' in connection to New Orleans attack
FBI Houston posted on the social platform X that its agency, along with the Harris County Sheriff’s Office, are “conducting law enforcement activity” in north Houston in connection with the New ...The Hill - 3d -
Why Did Ukraine Halt the Flow of Russia’s Natural Gas to Europe?
And why didn’t it cut off Russia’s natural gas earlier?The New York Times - 3d -
Ukraine Halts the Flow of Natural Gas From Russia to Europe
A transnational pipeline was shut down on Wednesday after Kyiv refused to renew a prewar agreement that allowed for the transit of Russian gas through its territory.The New York Times - 3d -
Russian gas flows to Europe via Ukraine cease as transit agreement expires
Ukraine president hails ‘one of Moscow’s biggest defeats’ as deal’s end brings power cuts in breakaway Moldovan region. Russian gas has stopped flowing to Europe via Ukraine, ending a major energy ...The Guardian - 3d -
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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 - 3d -
China is forcing out foreign car companies
This year has been troubling for almost all foreign carmakers in that country, which boasts the world’s largest car market.The Hill - 3d -
Russian Gas to Europe Stops Flowing After Ukraine Refuses to Renew Pipeline Deal
The move is expected to have limited impact on the continent, which has diversified its energy supplies since Russia’s invasion of Ukraine.The Wall Street Journal - 3d -
Russian gas stops flowing through Ukraine
Transit deal expires with no follow-up agreement on flows to central EuropeFinancial Times - 4d -
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 - 4d -
In charts: has the ‘India trade’ run out of steam?
Slowing growth and high inflation hit household incomes and raise questions about economic fundamentalsFinancial Times - 4d -
Seven celestial events to look out for in 2025
It is a brand new year and if you are a stargazer there are some wonderful celestial events for you to get excited about - weather permitting.BBC News - 4d