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Microsoft contributes $1 million to Trump's inauguration fund
Microsoft would like President-elect Donald Trump to make sure that U.S. artificial intelligence policy in the next four years will support its goals.CNBC - 2h -
UK charity that raised funds for Israeli soldier given warning
Regulator acts over complaints about fundraising activity as trustees fail to explain how IDF individual spent the donationFinancial Times - 2h -
Google and Microsoft donate $1m each to Trump’s inaugural fund
Tech giants follow footsteps of other major companies, including Amazon, Meta, OpenAI and Uber. Google and Microsoft have donated $1m each to Donald Trump ’s inauguration fund, following in ...The Guardian - 2h -
Anthropic in Talks for $2 Billion Funding Round
The financing efforts follow new funding rounds by Elon Musk’s xAI and the market leader, OpenAI, which is now valued at $157 billion.The New York Times - 21h -
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 - 1d -
Why this fund manager is fighting higher inflation with dividend stocks
These high-quality, dividend-paying stocks in 3 sectors stand to benefit from rising prices.MarketWatch - 8h -
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U.S. Funding Dispute With World Anti-Doping Agency Boils Over
After the Biden administration withheld funding to the agency, saying it had lost confidence in its ability to police elite athletes, WADA removed the United States from its board.The New York Times - 1d -
Taxpayer Advocate urges Congress to preserve IRS funding for service, technology
The National Taxpayer Advocate has urged Congress to preserve IRS funding for taxpayer service and technology amid Republican scrutiny.CNBC - 1d -
Gallego goes all in on GOP's Laken Riley bill
Arizona’s newly minted Democratic senator has announced he is backing the Laken Riley Act, a bill advocates say would eliminate due process for immigrants living in the country illegally. As his ...The Hill - 1d -
Bid to halt children's bill sickening, says Phillipson
The education secretary criticises a push for a new inquiry into grooming gangs by halting progress of the bill.BBC News - 1d -
Active mutual funds struggle to beat large-cap stock benchmarks — again
Professional stock pickers in the mutual-fund industry had a tough time in 2024 beating indexes that passively track U.S. large-cap equities, according to BofA Global Research.MarketWatch - 1d -
Schools bill risks harming decades of progress in England
Changes to system that has driven up teaching standards need to be made with great careFinancial Times - 1d -
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 - 1d -
Boebert, Burlison introduce bill to abolish the ATF
Reps. Lauren Boebert (R-Colo.) and Eric Burlison (R-Mo.) introduced a bill to abolish the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), they announced Tuesday. The bill, titled Abolish ...The Hill - 2d -
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 - 2d -
Greene promises bill renaming Gulf of Mexico ‘ASAP’
Rep. Marjorie Taylor Greene (R-Ga.) has promised she will introduce a bill “ASAP” to back President-elect Trump’s idea to rename the Gulf of Mexico. In a post online, Greene shared a video of Trump ...The Hill - 2d -
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 - 2d -
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 - 2d -
Biden signs bipartisan outdoor recreation bill into law
President Biden on Monday signed a bipartisan bill aimed at boosting outdoor recreation weeks after it cleared the Senate. The bill, the Expanding Public Lands Outdoor Recreation Experiences Act, ...The Hill - 2d -
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 - 3d -
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 - 3d -
France's former President Sarkozy standing trial over alleged campaign funding by Libya's Gadhafi
France’s former President Nicolas Sarkozy goes on trial Monday over alleged illegal financing of his 2007 presidential campaign by the government of late Libyan leader Moammar GadhafiABC News - 3d -
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 - 3d -
Miller nets $1.5M bonus for sack in Bills' finale
In a 23-16 loss to the New England Patriots on Sunday that ended the regular season, Buffalo's Von Miller secured his sixth sack, earning a $1.5 million roster bonus for the 35-year-old Bills ...ESPN - 3d -
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 - 4d -
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 - 5d -
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 - 5d -
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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 - 5d -
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 - 6d -
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 - 6d -
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 -
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 -
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
