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AI frenzy leads US venture capital to biggest splurge in three years
Investor excitement over fast-developing technology has seen a flurry of massive funding rounds this yearFinancial Times - Mar. 9 -
North Korean hackers cash out hundreds of millions from $1.5bn ByBit hack
Hackers from the infamous Lazarus Group are in a cat-and-mouse game to launder their stolen funds from the ByBit heist.BBC News - Mar. 10 -
What will Trump mean for personal wealth?
Pension funds, retail investors and money managers are worrying about the future of American capital marketsFinancial Times - Mar. 10 -
Germany can spend almost €2tn without harming growth, economists say
FT survey finds ‘large fiscal capacity’, but economists urge would-be chancellor Friedrich Merz to spend funds wiselyFinancial Times - Mar. 10 -
Donald Trump bets propel Michael Platt’s BlueCrest to 15% gain
Hedge fund turned family office eclipses rivals with currency and bond wagers on a slowing US economyFinancial Times - 6d -
Why even cash is problematic for worried investors in this current state of chaos
Fleeing to money-markets funds isn’t the safe move you might think it is right now.MarketWatch - 6d -
Keir Starmer defends planned welfare cuts to anxious Labour MPs
Prime minister wants to reform disability benefit payments to help fund greater spending on defenceFinancial Times - 6d -
The two big questions looming over the shutdown fight: From the Politics Desk
Two big questions are looming over the shutdown fight as Republican lawmakers try to pass a stopgap bill to fund the government.NBC News - 6d -
From Maid to Mortgage Mogul: How Patty Arvielo Built a Billion-Dollar Lending Empire
Patty Arvielo built her company, New American Funding, to weather uncertainty and she still finds time to pay it forward.Inc. - 5d -
How Babba Rivera Built Her Own Destiny—and a Best-Selling Latinx Hair Brand
The mother of four has raised $11.5 million in funding since launching hair care brand Ceremonia in 2020.Inc. - 5d -
Von der Leyen says €150bn defence loans should be spent in Europe
Funds to be used on weapons from EU and like-minded European nations such as UK, Norway and SwitzerlandFinancial Times - 5d -
Vice President JD Vance urges GOP to fall in line as shutdown looms
House Republicans are slated to vote Tuesday on their spending bill that would fund the government at current levels through September 2025.ABC News - 5d -
European tech founders join forces to invest in young entrepreneurs
Podcaster Harry Stebbings is spearheading a €10mn fund to build tech start-ups to combat a ‘doom loop’ in EuropeFinancial Times - 5d -
Shutdown fight moves to Senate as Democrats weigh support for bill
Senate Democrats are considering the path forward after the House narrowly approved a stopgap measure to keep the government funded.CBS News - 4d -
M10 raises $3M for Web3 competitive multiplayer games
M10, a Web3 game developer and publisher creating competitive multiplayer games, has raised $3 million in funding.VentureBeat - 4d -
Opus Major raises $10M to bring people together through music and games
Opus Major has raised $10 million in funding to build a global game studio dedicated to crafting games and entertainment.VentureBeat - 4d -
Immigrant detention centers are at capacity, Trump admin officials say
The Department of Homeland Security is working with several agencies to increase bed space as they ask Congress for more funding.NBC News - 4d -
Germany’s stagnant economy dents investment in consumer start-ups
Funding increased to €7bn last year but it is a far cry from the 2021 peak of more than €17bnFinancial Times - 4d -
Drugmaker merger turns the page on a dark chapter of US history
Real-world pain lies behind a big win for several Wall Street vulture fundsFinancial Times - 3d -
FirstFT: Tesla warns Trump administration it is ‘exposed’ in trade war
Also in today’s newsletter, top Senate Democrat backs Republican funding bill, and China criticises Panama ports dealFinancial Times - 2d -
DOD schools allowed to resume athletic events this weekend after pause
Sporting events had been postponed in response to President Trump's executive order restricting government-funded travel.Yahoo Sports - 2d -
Schumer announces he will vote to keep government open, likely avoiding shutdown
Senate Democrats remained tight-lipped on Thursday after meeting on the fast-approaching government funding deadline.ABC News - 2d -
Crispin Odey makes courtroom visit to Staley case over Epstein ties
Appearance by hedge fund founder comes as ex-Barclays boss tries to overturn FCA ban and fineFinancial Times - 2d -
With Democrats' help, Senate votes to avert a government shutdown
The Senate passed a House-approved government funding bill that averts a government shutdown that was set to be triggered at the end of the day Friday.ABC News - 2d -
Goldman Sachs offers its newest option for downside protection in volatile markets
Goldman Sachs Asset Management launched its newest buffer exchange-traded fund this month.CNBC - 1d -
It may be a good time for investors to look at less risky ways to stay in the stock market
Buffer and covered call funds may offer more predictable outcomes for investors amid choppy trading.CNBC - 16h -
Media advocates warn Trump’s cuts to Voice of America embolden autocrats
Order to slash funding to pro-democracy broadcasters part of efforts to radically reduce government servicesFinancial Times - 14h -
2025 Players Championship purse, prize money: Payouts for golfers, winner's share out of $25 million pool
The biggest prize fund of the PGA Tour's season is up for grabs this week during its signature event at TPC SawgrassCBS Sports - 5h -
Firing the Watchdogs | Sunday on 60 Minutes
Hampton Dellinger, former head of a federal watchdog agency, was among the first to be fired by President Trump. So were 18 inspectors general and the chief of the board that protects federal ...CBS News - Mar. 8 -
Democrats unveil bill to reinstate veterans fired in Trump workforce cuts
Democrats are proposing a measure to reinstate veterans who were recently fired from the federal government without cause, which has affected an estimated 6,000 veterans who make up about 30 ...The Hill - 6d -
Democrats reintroduce CROWN Act to ban hair discrimination
Democrats have reintroduced federal legislation to ban hair discrimination. Rep. Bonnie Watson Coleman (D-N.J.) reintroduced the Creating a Respectful and Open World for Natural Hair Act, or CROWN ...The Hill - 5d -
Judge appears likely to grant request to reinstate thousands of fired probationary workers
BALTIMORE — A federal judge in Maryland suggested Wednesday that he might direct that thousands of fired federal workers get their jobs back, at least temporarily, after hearing arguments that ...NBC News - 4d -
Details on judge's ruling that some government workers must be reinstated after mass firings
A federal judge in Maryland has ordered the Trump administration to temporarily reinstate thousands of probationary federal employees who were recently fired. CBS News congressional reporter ...CBS News - 2d -
‘If you don’t get early years right, children are unlikely to catch up’: why South Africa is trying to reboot its school system
With 80% of 10-year-olds unable to read for meaning, the government is prioritising literacy and numeracy among pre-school pupils as it tackles its education problems. When she noticed children ...The Guardian - 6d -
3 Charts That Show Students Still Struggle After Covid
Since the Covid-19 pandemic, U.S. students haven’t recovered, and it’s widening inequality in our country. Sarah Mervosh, an education reporter at The New York Times who focuses on K-12 schools, ...The New York Times - 5d -
‘I don’t feel part of society’: how Covid is still taking its toll five years on
The social, educational and financial impact is still making itself felt, especially for those who continue to mourn. Five years ago, on 11 March 2020 the World Health Organization (WHO) declared ...The Guardian - 5d -
Tuberville on pro-Palestinian protesters: 'Send them to jail'
Sen. Tommy Tuberville (R-Ala.) said in an interview Wednesday that all protesters pushing “hateful” speech on college campuses should be sent to jail. “We have two levels of education: We have K ...The Hill - 3d -
Clearing the Way for Bicyclists, for a Healthier Planet
Jill Warren heads the European Cyclists’ Federation, a Brussels-based nongovernmental organization that advocates cycling to help lower carbon emissions.The New York Times - Mar. 6 -
DOGE Is the Deep State
A shadowy group of unelected figures reshaping the federal government to their own benefit from the inside? Sounds familiar!Wired - Mar. 6 -
‘Startup Nation’ Groups Say They’re Meeting Trump Officials to Push for Deregulated ‘Freedom Cities’
The architects of projects like Próspera are drafting legislation to create US cities that would be free from federal regulations.Wired - Mar. 7