Latest in Emergency Fund Artists
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FirstFT: California declares state of emergency as wildfires rage
Also in today’s newsletter, Facebook ends third-party fact-checking, and analysts turn on Citi’s chief executiveFinancial Times - 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 -
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 -
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 -
Dangerous winter storm prompts rare snow emergency in DC
A massive winter storm unleashed mayhem on the roads in the Midwest with dangerous snow and ice in states including Missouri and Kansas. Now blizzard conditions are threatening the East Coast. ...NBC News - 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 -
As Democrats Reel, Two Front-Runners Emerge in a Leadership Battle
The race to lead the Democratic National Committee centers on the favorites, Ken Martin and Ben Wikler, but the party’s infighting over them looks nothing like a broad reckoning with its 2024 defeats.The New York Times - Jan. 5 -
Cicada invasion 2025: Where will the insects emerge this year?
The insects have been silent for a few months now, but come spring 2025 their songs will ring out again.The Hill - Jan. 5 -
How Oakland's Creative Growth enabled generations of artists
In 1974, psychologist Elias Katz and his wife Florence, an artist, started Creative Growth Art Center, a space where artists with disabilities could make art, some of which has been acquired and ...CBS News - Jan. 5 -
Antibiotic emergency ‘could claim 40 million lives in next 25 years’
As superbugs spread across the globe, death rates from antimicrobial resistance are set to double, says England’s former chief medical officer. Dame Sally Davies has a straightforward message about ...The Guardian - Jan. 5 -
Crimea officials declare emergency as oil spill reaches Sevastopol
Fuel oil spilled out of two storm-hit tankers three weeks ago in Kerch Strait.ABC News - Jan. 4 -
Bronze statue worth £60k stolen from artist's home
Essex Police says it is pursuing a number of targeted lines of inquiry.BBC News - Jan. 4 -
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Where the next financial crisis could emerge
As the IMF has warned, the rise and rise of private credit brings systemic risksFinancial Times - 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 -
Flu emergency room visits now "very high" nationwide, CDC says
Several Western states are seeing rates worse than last year's peak of flu season.CBS News - Jan. 3 -
New details emerge of man charged with attempting to kill Kavanaugh
The man accused of showing up outside Supreme Court Justice Brett Kavanaugh’s home in 2022 intending to kill him told authorities he wanted to “make the world a better place” and had been planning ...The Hill - Jan. 3 -
German artists sign open letter against TV show host accused of sexism
Choice of Thilo Mischke, author of Around the World In 80 Women, for ARD’s flagship arts show criticised. More than 100 prominent German writers and artists have signed an open letter refusing to ...The Guardian - Jan. 3 -
Motive in Las Vegas Cybertruck Explosion Is Still Unclear as New Details Emerge
Officials said they used data from Tesla charging stations to chart the driver’s dayslong journey from Colorado to the Trump Hotel in Las Vegas.The New York Times - Jan. 3 -
Flyers & Maple Leafs Emerging As Potential Trade Partners
These Flyers forwards could get the attention of the Maple Leafs.Yahoo Sports - 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 -
New details emerge in investigation into Bourbon Street truck attack in New Orleans
Authorities are still piecing together clues about the deadly truck attack on Bourbon Street in New Orleans that left 14 people dead just hours into the new year. Investigators now say they believe ...CBS News - Jan. 2 -
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 -
Details emerge about New Orleans attacker's military history
Shamsud-Din Jabbar, the man who rammed a truck into a crowd of people on New Orleans' popular Bourbon Street, served in the U.S. military and was deployed for 11 months to Afghanistan, an Army ...CBS News - Jan. 2 -
Fears Grow of Islamic State's Re-Emergence in Syria
The group is looking to exploit Syria’s uncertain future to rebuild its influence—half a decade after U.S.-led forces broke its hold on swaths of territory and millions of people.The Wall Street Journal - Jan. 2 -
Details emerge about the victims of deadly New Orleans attack
At least 15 people were killed after a driver slammed into a crowd celebrating New Year's on Bourbon Street in New Orleans.CBS News - 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
