Latest in Block Funding
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Bond funds are offering a ‘double whammy’ for investors
Many of these funds are trading at deep discounts and may have tempting distribution yieldsMarketWatch - 8h -
UK and EU urged to follow US and block funding for World Anti-Doping Agency
Wada’s handling of Chinese swimmers’ case under fire Former Wada vice-president joins chorus of concern Pressure is intensifying on the World Anti-Doping Agency, with the UK and European Union ...The Guardian - 1d -
Europe Accuses China of Unfairly Blocking EU Companies
The bloc alleges discrimination in the Chinese procurement market, raising the possibility of retaliation.The Wall Street Journal - 2d -
Trump's return puts Medicaid on the chopping block
Republicans in Washington are working on plans to shrink Medicaid, the nearly $900-billion-a-year government health insurance program that covers 1 in 5 Americans.CBS News - 3d -
Gritters blocked in by '200 cars' in Peak District
Derbyshire County Council says it cannot grit along icy roads where cars have double parked.BBC News - 5d -
Effort to unionize college athletes hits road block
The legal efforts to unionize college athletes appear to be running out of steam this month as a new Republican-led administration gets set to take over the federal agency in charge of ruling on ...ESPN - 6d -
Michael Sheen to fund new national theatre for Wales
The actor says he is putting everything behind starting Welsh National Theatre.BBC News - 6d -
These tips for investing in mutual funds and ETFs can guide your money decisions
Don’t miss these top money and investing features.MarketWatch - 6d -
Jamie Lee Curtis Offers $1 Million to Fund Wildfire Relief
Actor Jamie Lee Curtis offered the money to aid in battling the Palisades fire.Inc. - 6d -
Trump pushes court to block Smith report entirely
President-elect Trump asked an appeals court to block the release of special counsel Jack Smith’s report on both investigations into him. Trump’s filing comes after the 11th Circuit Court of ...The Hill - Jan. 9 -
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 - Jan. 9 -
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 - Jan. 9 -
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 - Jan. 9 -
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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 - Jan. 8 -
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 - Jan. 8 -
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 - Jan. 8 -
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 - Jan. 8 -
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 -
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 -
Will Trump be able to block the release of Jack Smith’s report
President-elect Donald Trump is looking to block the release of a final report by special counsel Jack Smith in the Florida classified documents case. NBC News’ Vaughn Hillyard and Danny Cevallos ...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 -
Biden blocks new offshore drilling in vast areas
Click for the latest from The Hill {beacon} Energy & Environment Energy & Environment The Big Story Biden blocks new offshore drilling in vast areas President Biden has blocked new offshore ...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 -
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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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 -
Biden Blocks Sale of U.S. Steel to Nippon Steel
The yearlong campaign by the Japanese steelmaker for a $14.1 billion deal crashed against opposition to foreign ownership from political leaders and the United Steelworkers union.The Wall Street Journal - Jan. 3 -
Biden blocks US Steel sale
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Biden blocks US Steel sale President Biden has announced he will block the sale ...The Hill - Jan. 3 -
US Steel acquisition by Japan’s Nippon blocked
Domestic steel production is essential to U.S. security, Biden said.ABC News - 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 -
Biden expected to block $15bn takeover of US Steel
President set to kill Nippon Steel’s bid in one of his final acts in officeFinancial 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 -
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