Latest in Federal Aid Funding
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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. - Jan. 9 -
How the Red Cross is aiding Los Angeles area residents as fires burn
Sean Inoue, the executive director of the American Red Cross Western Los Angeles Chapter, joins CBS News with more on the resources available for thousands of California residents forced to ...CBS News - Jan. 9 -
Businesses offer aid to people affected by Los Angeles wildfires
Some businesses are offering free emergency shelter and other services to residents who have been displaced by the Los Angeles fires.CBS News - Jan. 9 -
Latest news on California wildfires as looters arrested, FEMA promises aid
The wildfires in California have forced at least 179,000 people to evacuate as at least three of the five fires continue to roar. FEMA officials are prepared to provide federal aid to those ...CBS News - 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 -
Starmer aide to receive dividends from corporate advisory firm Hakluyt
Varun Chandra still holds majority of his previous stake in the group despite joining Downing Street in JulyFinancial Times - 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 -
How Trump’s Greenland Plan Could Hit Ozempic, Legos and Hearing Aids
Putting tariffs on Denmark unless it cedes the island of Greenland could hurt access to a few key products, including popular medicines.The New York Times - Jan. 9 -
Biden administration gives $500m to Ukraine in final military aid package
US defense secretary says ‘Ukraine’s fight matters to all’ when revealing aid bundle days before Trump’s return. The Biden administration has given its final injection of military support to ...The Guardian - Jan. 9 -
As U.S. announces new Ukraine aid package, Zelenskyy says send troops
Ukraine's leader says partners sending ground troops would help "force Russia into peace," as America's European allies ponder Trump's next move.CBS News - Jan. 9 -
In their final meeting, Zelenskyy, Austin say military aid to Ukraine must continue
Ukrainian President Volodymyr Zelenskyy and U_S_ Defense Secretary Lloyd Austin used their final meeting in Germany to press the incoming Trump administration to not give up on Kyiv’s fight, ...ABC News - Jan. 9 -
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Biden aides express optimism about Gaza ceasefire negotiations
President Joe Biden aides are once again expressing hope that Israel and Hamas could be close to reaching a deal for a ceasefire in Gaza and the release of hostages held by the terrorist group.NBC News - Jan. 9 -
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 -
Jeffries: Congress should extend aid to California if necessary
House Minority Leader Hakeem Jeffries (D-N.Y.) said Wednesday that lawmakers are prepared to move quickly on emergency disaster relief if necessary for California as the state battles deadly ...The Hill - 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 -
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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 -
U.S. Eases Some Restrictions on Humanitarian Aid to Syria
The authorization comes after rebels toppled the Syrian government last month and is intended to allow humanitarian groups to operate more freely without running afoul of U.S. sanctions.The New York Times - Jan. 6 -
U.S. to Ease Aid Restrictions for Syria in Limited Show of Support for New Government
The move reflects Washington’s wariness about the U.S.-designated terror organization that leads the country.The Wall Street Journal - 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 -
Man charged with aiding Daniel Khalife after escape
Imran Chowdury, 25, from east London has been charged with assisting Khalife, the Met Police says.BBC 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 -
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Biden's National-Security Aides Wanted to Keep Steel Deal Alive
The president went against top national-security aides when deciding to tank a Japanese takeover of U.S. Steel and instead align with domestic advisers, bolstering his pro-union legacy.The Wall Street Journal - 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 -
Time runs out on Biden’s aid to Ukraine — and on Putin’s nuclear threats
There probably was less to Russia’s nuclear threats than the Biden administration made of them.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 decisionsFinancial 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