Latest in Closes Multibillion Funding
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A Loss and Damage Fund Is Taking Shape at COP Climate Talks
The U.N. climate summit in Azerbaijan has cleared the way for aid to flow when lower-income countries are hit.Business - The New York Times - November 18 -
Government could force pension funds to invest more in UK assets
Further measures may be taken if ‘megafund’ reforms fail to boost domestic investment, says pensions ministerBusiness - Financial Times - November 18 -
Biden to send Congress an emergency funding bill for disaster relief
The bill will be put forth "in the coming days," a White House official said. The bill is meant to address funding shortages reported after a brutal storm season.Top stories - ABC News - November 18 -
Play Ventures raises $140M second fund to invest in games and consumer startups
Play Ventures, a global venture capital firm specializing in early-stage gaming, has raised $140 million for its third gaming fund.Tech - VentureBeat - November 18 -
Biden to send disaster relief funding package to Congress in coming days
President Biden will send Congress an extensive emergency funding request in the coming days, the White House said Monday, as administration officials called on Congress to approve more money ...Politics - The Hill - November 18 -
Republicans look to push government funding fight into Trump's term in early 2025
Congress faces a Dec. 20 deadline to fund the government and avert a shutdown, with Republicans considering pushing it until President-elect Donald Trump takes office.Top stories - NBC News - November 18 -
Johnson's government funding timeline differs from other Republicans' plans
After weekend with Trump, House Speaker Mike Johnson laid out a tentative plan to keep the government funded that could tee up a funding fight in Trump’s first 100 days.Top stories - ABC News - November 18 -
European tech funding declines for third consecutive year — but the sector is finally stabilizing
VC investment in European startups is projected to decline for a third straight year, according to Atomico — but there are signs things are finally stabilizing.Business - CNBC - November 19 -
This age group owns 79% of stocks and equity funds. Why that’s good for bonds.
Bonds should do well in the years ahead, as age demographics are set to play in their favor.Business - MarketWatch - November 20 -
Government commission proposes Manhattan Project-style AI funding plan
A U.S. congressional commission proposed a "Manhattan Project-like" initiative for the funding of artificial intelligence (AI) development in a larger push to stay ahead of China's technological ...Politics - The Hill - November 19 -
Hedge funds have already started bailing out of ‘Trump trades’
Hedge funds switched to become net sellers of financial and industrial stocks having previously piled into the two sectors in the immediate wake of the U.S. elections, new analysis by Morgan ...Business - MarketWatch - November 20 -
Wrangling over whether to punt government funding to Trump heats up
The debate among Republicans over whether to punt government funding into the new year is heating up, as lawmakers race toward their next shutdown deadline. Speaker Mike Johnson (R-La.) this week ...Politics - The Hill - November 20 -
Hedge funds are piling into the nuclear sector, Goldman Sachs’ analysis shows
Hedge funds are picking up stocks in nuclear power producers in seeking to capitalize on the artificial intelligence boom, new analysis from Goldman Sachs showsBusiness - MarketWatch - November 20 -
Elon Musk's xAI Startup Is Valued at $50 Billion in New Funding Round
The artificial-intelligence company has told investors it raised $5 billion in its latest funding round.Tech - The Wall Street Journal - November 20 -
Chinese managers limited flows to US funds after Trump victory
ChinaAMC and Tianhong restricted subscriptions on expectations of increased investor interestWorld - Financial Times - November 21 -
Beware of the ‘Ponzi funds’ that are hiding in plain sight, says strategist
The rise of thematic funds leads to Ponzi-like situations, say researchers.Business - MarketWatch - November 21 -
Pope warns the Vatican pension fund needs reform; employees demand transparency
Pope Francis is warning that the Vatican's troubled pension fund faces a “serious imbalance” and cannot guarantee future obligations without “urgent structural” reformsWorld - ABC News - November 21 -
These tips for investing in mutual funds and ETFs help build a strong portfolio
Dividends, bitcoin and Beyoncé stir ETF interest.Business - MarketWatch - November 21 -
NI Water funding model fit for purpose, says minister
In March, an audit report said there should be a comprehensive expert review of how NI Water was funded and governed.Top stories - BBC News - November 22 -
Giannis Antetokounmpo launches venture capital fund for investments in sports and entertainment
Giannis Antetokounmpo is looking for some assists off the court, aiding with investments in early stage startup companiesSports - ABC News - November 21 -
Leveraged hedge funds magnified August market sell-off, Fed says
US central bank report pins blame for trading volatility partly on investors that had taken on too much debtWorld - Financial Times - November 22 -
Donald Trump chooses hedge fund executive Scott Bessent for Treasury secretary
The founder of Key Square Group was deemed a strong favorite to lead the Treasury Department, along with several other contenders.Business - CNBC - November 23 -
Trump picks hedge-fund investor Scott Bessent for treasury secretary
Job is one of most powerful in Washington with huge influence over US economy and financial markets. Trump’s administration and White House staffing picks and likely contenders – so far ...World - The Guardian - November 23 -
Trump picks hedge fund manager Scott Bessent to serve as treasury secretary
President-elect Donald Trump on Friday announced he had asked Scott Bessent, a hedge fund executive and top fundraiser to his campaign, to serve as secretary of the Treasury Department.Top stories - NBC News - November 23 -
Trump picks hedge fund exec Scott Bessent as treasury secretary
President-elect Trump announced a barrage of new picks for key roles in his administration, including hedge fund manager Scott Bessent to be his treasury secretary. NBC’s Aaron Gilchrist reports ...Politics - NBC News - November 23 -
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Arkansas couple uses wedding fund to save dog's life
Dylan McCay and his fiancée Emily Roberts emptied their wedding savings to save a dog's life after finding her severely injured. Their generosity sparked a fundraising campaign that raised $45,000. ...Top stories - CBS News - 5 days ago
