Latest in Deal Government Funding
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Meta donates $1mn to Trump’s inauguration fund
First-time contribution shows social media platform and its chief are trying to mend relations with president-electFinancial Times - 1h -
Meta donates $1 million to Trump's inaugural fund
The move comes two weeks after Meta CEO Mark Zuckerberg traveled to Florida and dined with President-elect Donald Trump in Mar-a-Lago.CBS News - 2h -
Nato’s European members discuss 3% target for defence spending
Increased military expenditure could be agreed at next year’s summit, intensifying pressure on national budgetsFinancial Times - 2h -
Selfridges’ Thai co-owner says it overpaid for luxury store portfolio
Head of Central Group family conglomerate says higher global interest rates make original £4bn price tag less attractiveFinancial Times - 2h -
Lawmakers edge closer to deal on government funding
Lawmakers say they are edging closer to a deal to keep the government's lights on in nine days but are still trying to work out differences over disaster aid and potential add-ons to the bill. ...The Hill - 8h -
Investment Fund Acadia Readies $9 Billion Renewable Energy Project Lineup
The investor group, with support from Microsoft and other companies, hopes to build out 5 gigawatts of renewable power capacity in the next five years.Inc. - 13h -
General Motors Cuts Funding to Cruise, Nixing Its Robotaxi Plan
The automaker has sunk billions into making a self-driving car service work. Now it says it will focus on “personal” autonomous vehicles instead.Wired - 1d -
Why Cathie Wood may have the best fund to play Trump 2.0
Exposure to crypto, Musk and defense is bolstering this ETFMarketWatch - 16h -
Democrats fear more IRS cuts in funding fight with GOP
The White House and congressional Democrats are fighting to protect $20 billion in funds for the IRS as the tax collection agency faces significant changes next year. As bipartisan funding talks ...The Hill - 20h -
FirstFT: Qatar’s sovereign fund plans to deploy cash ‘aggressively’
Also in today’s newsletter, Microsoft poaches Google DeepMind staff, and court blocks The Onion’s purchase of InfowarsFinancial Times - 20h -
Qatar’s $500bn wealth fund targets bigger deals as LNG windfall looms
New chief says QIA will deploy cash ‘more aggressively’ as it conducts investment review ahead of huge influxFinancial Times - 1d -
GM exits robotaxi market, will bring Cruise operations in house
General Motors will no longer fund its Cruise division's robotaxi development, effectively pulling out of the market.CNBC - 1d -
GM to stop funding troubled Cruise autonomous vehicle unit
General Motors says it will move away from the robotaxi business and cease funding its money-losing Cruise autonomous vehicle division that originated as a San Francisco start-up.CBS News - 1d -
Evening Report — Clock ticks toward government funding deadline
{beacon} Evening Report © The Hill, Greg Nash 10 days: Congress speeds toward government funding deadline THE LAME-DUCK CONGRESS is barreling toward a Dec. 20 deadline to fund the government. ...The Hill - 1d -
US gives $20bn to Ukraine funded by seized Russian assets
The move means Russia is being forced to "bear the costs of its illegal war", the US Treasury said.BBC News - 1d -
Live updates: Congress sprints to end as Trump nominees make rounds
Lawmakers returned to the Capitol this week to begin a sprint to finish work on a bill to keep the government funded, and legislation to authorize major defense programs. Read about the effort to ...The Hill - 1d -
EU’s new agriculture chief seeks more funds for small farmers
Christophe Hansen seeks changes to bloc’s multibillion-euro farm subsidy schemeFinancial Times - 2d -
How a Realtors’ Nonprofit Quietly Funds Conservative Advocacy Groups
The National Association of Realtors has created a nonprofit that gives more heavily to one side of the political aisle and to groups that have little to do with real estate and housing.The New York Times - 2d -
BoE warns that hedge funds bring ‘vulnerabilities’ to gilt market
Deputy governor Ramsden says leverage and concentration in certain funds could lead to ‘system-wide risks’Financial Times - 2d -
Social Security beneficiaries at risk of delays amid GOP funding fight
Social Security beneficiaries could face longer wait times for service next year unless Congress agrees to the White House budget office’s request to increase funding for the Social Security ...The Hill - 2d -
This investment is cheaper and better than mutual funds
Opponents shouldn’t block 403(b)s from purchasing collective investment trustsMarketWatch - 4d -
Romanian prosecutors conduct raids linked to funding of Georgescu's campaign
Romanian prosecutors have conducted raids linked to an man suspected of illegally financing a campaign to promote Calin Georgescu’s presidential runABC News - 4d -
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World Bank reaches $100bn funding target but faces Trump challenge
US contribution under Biden sets up potential battle in the new Congress next yearFinancial Times - 5d -
Investors pour $140bn into US stock funds after Trump election victory
Bets incoming administration will enact ‘pro growth’ agenda spur rush into Wall Street equitiesFinancial Times - 6d -
Women's health research needs funding boost, report says
Click in for more news from The Hill {beacon} Health Care Health Care The Big Story Women's health research needs funding boost, report says Roughly 9 percent of the National Institutes of ...The Hill - 6d -
To increase government efficiency, align government workers’ incentives
President-elect Trump's Department of Government Efficiency (DOGE) promises to cut government spending, and the government should give bonuses to departments that spend less than budgeted and ...The Hill - 6d -
Harris's next role should be raising funds for a Black reparations bank
While Democrats tend to promote broad-based economic policies that “lift all boats,” the Black community needs targeted programs to make up for lost ground.The Hill - 6d -
What are Social Security's trust funds? New debate emerges on program's financing
As Social Security's trust funds run low, one politician is questioning the way the program is financed.CNBC - 6d -
Europe races to set up €500bn defence fund
Initiative is open to UK and would tap bond markets to boost spending for Trump’s White House returnFinancial Times - 6d -
French government collapses in no-confidence vote
Michel Barnier's ousting over a budget bill deepens France's current political crisis.BBC News - Dec. 4 -
French government is toppled in no-confidence vote
The French government was toppled Wednesday after far-left and far-right lawmakers joined forces to pass a no-confidence measure against Prime Minister Michel Barnier and his Cabinet.NBC News - Dec. 4 -
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9 states poised to end coverage for millions if Trump cuts Medicaid funding
About 3.7 million people are at immediate risk of losing health coverage should the federal government cut funding for Medicaid expansions, as some allies of President-elect Donald Trump have ...CBS News - Dec. 4 -
Peter Thiel's Founders Fund loses one of first partners to emeritus role
Brian Singerman said on Tuesday that he's stepping down as a general partner of Founders Fund after 13 years.CNBC - Dec. 3 -
How Private Funds Could Hurt Americans Under Trump
The fund managers who backed Donald Trump’s candidacy have welcomed his victory with calls for new directions in policy.The New York Times - Dec. 3 -
Funding issues and ‘over-optimism’ behind UK failures on jobs data
Statistics agency review reveals flaws that left policymakers without a reliable unemployment figure for a yearFinancial Times - Dec. 3 -
Hedge funds profit from ‘Trump trades’ around US election
Element Capital and Graham Capital among macro managers that did well out of recent market swingsFinancial Times - Dec. 3 -
