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Trump 2nd term live updates: Trump announces $500 billion investment in AI
The president answered questions from the press after announcing a $500 billion initiative on artificial intelligence infrastructure with Big Tech executives.ABC News - 5h -
Trump announces $500 billion AI infrastructure project
President Trump announced a $500 billion investment into artificial intelligence infrastructure on his first full day in office. His announcement was made alongside the heads of three leading ...CBS News - 10h -
Trump Announces $100 Billion A.I. Initiative
OpenAI, Oracle and SoftBank formed a new joint venture called Stargate to invest in data centers, building on major U.S. investments in the technology.The New York Times - 10h -
Trump announces up to $500 billion investment to build AI infrastructure
President Trump on Tuesday announced the creation of a new project to invest up to $500 billion in building the infrastructure needed for artificial intelligence (AI) development over his second ...The Hill - 11h -
Trump to announce up to $500 billion in private sector AI infrastructure investment
President Trump is announcing billions in private sector investment by OpenAI, Softbank and Oracle to build AI infrastructure in the U.S.CBS News - 15h -
Trump announces $500 billion investment in 'colossal' AI data centers
The 47th president is meeting with congressional leaders this afternoon and plans to deliver remarks from the White House later today.NBC News - 19h -
McDonald’s Just Made a $76 Billion Announcement. You Should Probably Do the Exact Same Thing
Humility can be a virtue, but so can moderation.Inc. - 2d -
US announces $1.2 billion to help finance renewable energy projects in Puerto Rico
The U.S. Department of Energy says it's setting aside $1.2 billion in federal funds to help finance renewable energy projects in Puerto Rico to reduce its dependence on fossil fuelsABC News - 4d -
Biden announces final round of student loan forgiveness, bringing aid total to nearly $189 billion
The Biden administration announced on Thursday its final round of student loan forgiveness, clearing over $600 million in the debt for thousands of borrowers.CNBC - 4d -
‘Will Pay Any Amount’: Private Firefighters Are in Demand in L.A.
Hiring a private fire crew costs thousands of dollars a day, and most work through government contracts or with insurance companies. Some wealthy property owners are calling them in directly.The New York Times - Jan. 13 -
Private security groups to work alongside police in UK crime crackdown
Mitie director says talks under way to help bridge ‘significant gap’ in front-line needsFinancial Times - Jan. 12 -
Private equity targets Europe for big buyout deals
Total value of large private equity deals in Europe increased at twice the rate of the rest of world in 2024Financial Times - Jan. 12 -
Private equity in 401(k) plans? ‘Highly risky’ for the average investor.
The private-equity industry wants more access to retirement accounts.MarketWatch - Jan. 11 -
Rich opt out of English courts for private divorces
Wealthy couples splitting up increasingly turn to arbitration as streamlined alternative to overburdened traditional routeFinancial Times - Jan. 10 -
Jimmy Carter's casket arrives in Georgia for private funeral, final goodbye
Former President Jimmy Carter's casket has arrived in Georgia where his family members and staff from The Carter Center will say their final goodbyes. CBS News' Elizabeth Campbell reports.CBS News - Jan. 9 -
Carter's grandson: He was the same in public and private
Jason Carter, the former president's grandson, delivered a eulogy filled with humor and personal remembrances on Thursday, telling mourners that the 39th president was the same man in public as he ...The Hill - Jan. 9 -
Private-sector hiring slows: ADP
Hiring in the U.S. private sector and pay growth slowed down in December last year across several industries, according to a report released on Wednesday. The Always Designing for People (ADP) ...The Hill - Jan. 9 -
Hochul Seeks to Limit Private-Equity Ownership of Homes in New York
Widespread purchases of single-family homes by institutional investors may be contributing to soaring housing prices and low vacancy rates across the country.The New York Times - Jan. 9 -
AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation
The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.Inc. - Jan. 8 -
Can Americans end our abusive relationship with private health insurance?
What we mainly fear is that “breaking up” with the current private insurance model would be even worseThe Hill - Jan. 8 -
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Trump Blurs Lines in $20 Billion Data Center Announcement and Other Deals
Even before the start of the new administration, there has been repeated blurring of lines between the federal government efforts and Trump family businesses.The New York Times - Jan. 7 -
Senate report slams private equity's "detrimental effects" on hospitals
Two private equity firms' efforts to wring profits out of hospitals in underserved communities put patients in danger, according to a new report by a powerful Senate committee.CBS News - Jan. 7 -
Trump announces Dubai company will invest at least $20 billion in U.S. data centers
DAMAC Properties is the latest foreign investor to announce plans for the U.S. since Donald Trump's victory.CBS News - Jan. 7 -
Trump announces $20 billion foreign investment to build new U.S. data centers
Billionaire Hussain Sajwani, a Trump associate and founder of the property development company DAMAC Properties, is pledging the money.CNBC - Jan. 7 -
Donald Trump Jr. arrives in Greenland for a brief "private visit"
Greenland's government says Donald Trump Jr. is visiting in a private capacity, so it won't discuss his presence as his father vows to make it part of the U.S.CBS News - Jan. 7 -
Blackstone joins private equity deal wave in US accounting sector
Acquisition of Citrin Cooperman from New Mountain Capital for $2bn marks a step up in valuationsFinancial Times - Jan. 7 -
‘Evolution not revolution’: Can the private sector help cut NHS waiting lists?
Keir Starmer has vowed to make better use of existing capacity to reduce massive backlogFinancial Times - 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 -
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 -
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US set for IPO comeback as private equity firms seek to offload holdings
Bankers hope strong 2024 gains for Wall Street equities and pro-business policies will drive listings reboundFinancial Times - Jan. 5 -
Apple to pay $95m to settle claims Siri listened to users’ private conversations
Settlement of proposed class-action lawsuit represent nine hours of profit for Apple, which has denied wrongdoing. Apple has agreed to pay $95m in cash to settle a proposed class-action lawsuit ...The Guardian - Jan. 3 -
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 -
Why is VAT being added to private school fees?
The government says the rule change will raise £460m extra to spend in state schools in 2024/25.BBC News - Jan. 1