Latest in Helping boomers spend their retirement funds is harder than it sounds
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AI Startup Anthropic Raising Funding Valuing it at $60 Billion
The Amazon-backed OpenAI rival was valued at $18 billion last year.The Wall Street Journal - 28m -
'I can't spend another five years in my caravan'
A Doncaster mum suffers her second major flood in five years.BBC News - 56m -
Will spending more boost your quality of life in retirement? Here’s how annuities help that.
Retirees may hold back when they think they’re draining their savings instead of spending an income.MarketWatch - 58m -
Israel Needs to go on the Offensive, Boost Military Spending, Commission Urges
More military spending is needed to orient Israel’s military toward an attack posture, an Israeli government commission warned this week, as the country could continue fighting on multiple fronts ...The Wall Street Journal - 1h -
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 - 2h -
How much money you need to retire in every U.S. state—it's more than $700,000
Retiring in Hawaii costs over twice the U.S. average, making it the most expensive state for retirement.CNBC - 4h -
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 - 19h -
Sources: A's keep spending with Rooker extension
Designated hitter Brent Rooker and the Athletics are in agreement on a five-year, $60 million contract extension, sources told ESPN, continuing a winter of uncharacteristic spending with a ...ESPN - 3h -
Democrats under fire for not sounding alarm earlier on Biden
Democratic leaders and lawmakers are coming under growing scrutiny for not blowing the whistle sooner on what is widely perceived to be President Biden’s decline during the final two years of his ...The Hill - 7h -
How Nato will hold European capitals to higher defence spending promises
Also in this newsletter: The countries breaking EU law by ignoring green deadlinesFinancial Times - 12h -
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 - 1d -
France signals fewer spending cuts and tax rises ahead of budget talks
Economy minister seeks to ‘protect growth’ with slightly higher deficit target for 2025Financial Times - 1d -
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 - 1d -
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 - 1d -
Indie band English Teacher kick off BBC's Sound of 2025
The Mercury Prize-winning band start the countdown of the BBC's annual list of music's rising stars.BBC News - 1d -
Some Baseball Teams Won’t Spend Money, and It’s a Problem
Six clubs, including two that made the playoffs last season, have yet to invest in a free agent.The New York Times - 1d -
Sights and sounds from the Chicago Bulls' tribute to Derrick Rose
Rose's former team thanked him for what he meant to the city and announced they'd be retiring his jersey next season.ESPN - 1d -
Bulls to retire Rose's No. 1 jersey next season
The Bulls will retire Derrick Rose's No. 1 jersey to the rafters next season, the team announced.ESPN - 2d -
Don’t compare your retirement investments to the S&P 500
Retirement is about maximizing reliable cash flow for lifeMarketWatch - 3d -
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 - 3d -
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Europe readies for scattergun defence-spend bonanza
Sickly economies and budgetary pressures likely to hit proposals and any increase will be thinly spreadFinancial Times - 3d -
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 - 3d -
Rose on Bulls jersey retirement: 'Would love that'
Derrick Rose said he'd like to see his No. 1 Chicago Bulls jersey hanging from the rafters at the United Center someday.ESPN - 3d -
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 - 4d -
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 - 4d -
Ron Johnson: Reducing 'out of control' government spending is not only 'reasonable but doable'
Sen. Ron Johnson (R-Wis.) doubled down on a conservative plan to reduce government spending with new proposals outlined in an op-ed published by The Wall Street Journal. “Federal spending is out of ...The Hill - 5d -
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 - 5d -
Here's what to know about Medicare's new spending cap
This year, a new spending cap on medication goes into effect for the first time for people on Medicare. CBS News medical contributor Dr. Celine Gounder explains its impact.CBS News - 5d -
House Republicans unveil new rules, one which makes it harder to oust speaker
House Republican leaders unveiled new rules for the 119th Congress, which includes a provision that will make it harder to oust a speaker but doesn’t remove the threat.ABC News - 5d -
House to vote on rule making it harder to oust speaker
The threshold that allowed a single member to trigger a no-confidence vote to remove the speaker will be increased to nine members.CBS News - 5d -
House rules would make it harder to oust speaker in next Congress
The rules package raises the threshold for triggering a vote from one GOP member to nine.Politico - 6d -
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 - 6d
