Climate Funding - QuikReader

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

A Key Part of Biden’s Climate Law Was Built to Survive Trump. Now, the Test.

A lucrative tax credit for renewable energy could be hard to kill because it applies to a technologies favored by Republicans, not just wind and solar.

The New York Times - 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

The solicitor general climate change briefs that didn’t bark

This failure exposes the weakness of the Biden administration’s position supporting the climate change plaintiffs.

The Hill - 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

This fund manager forecast a 20% S&P 500 gain last year. Now he says cash is king.

Dan Niles, founder of Niles Investment Management, says the S&P could swing much higher or lower in 2025, and investors need to protect themselves.

MarketWatch - 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

Target-date funds — the most popular 401(k) plan investment — don't work for everyone

Target-date funds are poised to capture about two-thirds of all 401(k) contributions by 2027. While they benefit many investors, others may see drawbacks.

CNBC - Jan. 6

Exodus by Wall Street Banks From Climate Group Worries Advocates

The end of the year saw five of the six largest U.S. banks leave the Net-Zero Banking Alliance, as conservative pressures discouraged their climate change policies.

Inc. - Jan. 6

Climate change is hampering US apple quality and output: Study

Many of the nation's biggest apple-generating regions are confronting challenges in crop growth and development, due to the impacts of a changing climate, a new study has found. While apple ...

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

Why climate activists are becoming more radicalized (and why that’s not a bad thing)

So, how can we make sense of what comes next for the climate movement by looking back to the Civil Rights Movement?

The Hill - 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 problem

Financial Times - Jan. 6

Climate crisis ‘wreaking havoc’ on Earth’s water cycle, report finds

Global heating is supercharging storms, floods and droughts, affecting entire ecosystems and billions of people. The climate crisis is “wreaking havoc” on the planet’s water cycle, with ferocious ...

The Guardian - Jan. 6

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 Gadhafi

ABC News - 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 investors

Financial Times - Jan. 6

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 - Jan. 4

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 - Jan. 4

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 - Jan. 4

Baerbock: EU will not fund the Islamization of Syria

Yahoo News - Jan. 4

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

Climate group calls for Biden to pardon activists for museum demonstrations

An international climate advocacy organization called on President Biden to pardon four activists charged with felonies in connection with climate demonstrations before leaving office. Two of the ...

The Hill - Jan. 3

‘A look into the future’: TV drama about Danish climate refugees divides opinion

Families Like Ours has become national talking point but some scientists say events depicted could not happen. Featuring scenes of huge crowds boarding ferries, protest and desperation as six ...

The Guardian - Jan. 3

Biden administration adds exemptions into new climate rules for hydrogen energy

The Biden administration on Friday finalized fairly strict climate rules for the nascent hydrogen energy industry — but the rules contain new flexibilities that are expected to make them less ...

The Hill - 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 decisions

Financial Times - Jan. 3

Transcript: Climate change is coming for your Bordeaux

Sonja Hutson talks to Will Schmitt and Susannah Savage

Financial Times - Jan. 3

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 - 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 industry

Financial Times - Jan. 2

Morgan Stanley to exit global climate coalition

Morgan Stanley on Thursday announced its departure from a coalition of banks that aims to target net-zero emissions through lending and investment, the fifth group to do so in recent weeks. “Morgan ...

The Hill - Jan. 2

The solicitor general’s misguided endorsement of state-driven climate lawsuits

U.S. Solicitor General Elizabeth Prelogar has urged the Supreme Court to allow climate lawsuits, such as one brought by Honolulu, to proceed under state tort law, despite past federal precedent and ...