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Trump Administration Freezes $1 Billion for Cornell and $790 Million for Northwestern, Officials Say
The funding pause amid civil rights investigations into both universities sharply escalates the Trump administration’s campaign against elite colleges.The New York Times - 1d -
AustralianSuper says US remains best place to invest overseas
Market chaos unleashed by tariffs has not dimmed America’s appeal, says superannuation fund CIOFinancial Times - 1d -
FirstFT: Global market rout deepens as Trump’s ‘reciprocal’ tariffs kick in
Also in today’s newsletter, Musk calls Navarro a ‘moron’, and the hedge fund caught off guard by the sell-offFinancial Times - 1d -
What is behind the Treasury sell off?
The double whammy of falling bond and equity prices could partly be hedge funds unwinding so-called ‘basis trades’Financial Times - 1d -
Trump administration halts $1 billion for Cornell, $790 million for Northwestern
The Trump administration has frozen more than $1 billion in federal funding to Cornell and $790 million to Northwestern.ABC News - 1d -
China musters ‘national team’ to fight on front line in trade war
State-owned funds and companies are bolstering stock markets with massive co-ordinated share buyingFinancial Times - 22h -
RFK Jr. Offers Qualified Support for Measles Vaccination
In an interview with CBS, the health secretary also suggested he wasn’t familiar with massive cuts to state funding for public health.The New York Times - 22h -
House passes budget blueprint to advance Trump's agenda
The House on Thursday passed a budget blueprint to fund Trump's agenda after a setback on Wednesday due to GOP hard-liner opposition.ABC News - 7h -
After Reviving Democrats in Wisconsin, Ben Wikler Is Stepping Down
Ben Wikler, who supercharged fund-raising as the leader of the Wisconsin Democratic Party, is stepping down — and weighing a run for office.The New York Times - 5h -
UK announces further £450m military support to Ukraine
The package includes funding for radar systems, anti-tank mines and hundreds of thousands of drones.BBC News - 13m -
Japanese American National Museum takes a stand against DOGE cuts to NEH
The National Endowment for the Humanities warned museums across the country that it was slashing funding, including money previously pledged to places such as LACMA and the Japanese American ...Los Angeles Times - 6d -
Bonds are back in market crash, but the way investors are buying fixed-income has changed
Bonds are back as the stock market plunges, and flows show that actively managed fixed-income funds are in favor with many investors despite higher fees.CNBC - 3d -
The history of Voice of America
The Congressionally funded broadcaster is both a global information source and an American foreign policy tool. Now, with an executive order, the Trump administration silenced VOA for the first ...CBS News - 3d -
‘Some of these diseases are in the Bible’: despair as cuts halt progress on age-old tropical illnesses
They are debilitating afflictions that people don’t know about, don’t understand and struggle to pronounce. Now health workers fear they will surge in Africa as USAID-funded drug distribution ...The Guardian - 1d -
Healthy Returns: Trump says major pharmaceutical tariffs coming ‘very shortly’
Trump doubled down on plans to soon impose "major" pharmaceutical tariffs, while early stage startups dominated digital health funding deals in first quarter.CNBC - 1d -
Trump changes tune as his billionaire supporters push back against tariffs
Hedge fund honcho Bill Ackman has joined a growing list of President Donald Trump's billionaire backers calling for the White House to slam the brakes on tariffs.ABC News - 1d -
Elon Musk’s Tesla Has Competition in Jeff Bezos’s Secretive EV Startup
Bezos-funded startup Slate Auto has an ambitious goal to create a $25,000 EV truck. And it could happen as early as next year.Inc. - 1d -
Johnson scraps vote on Trump-backed budget blueprint
House Speaker said the House won't vote as planned on the budget blueprint that would fund Trump's agenda because a small "subset" of members aren't satisfied with it.ABC News - 22h -
FIFA Club World Cup host cities to receive $1M each for future soccer projects
FIFA Club World Cup host cities will each receive $1 million from soccer's governing body to fund community soccer projects in the future.Yahoo Sports - 6h -
State Farm pleads for emergency rate hikes on California homeowners
State Farm argues it needs additional funds to boost capital and avert an increasingly dire financial situation following the devastating Los Angeles wildfires.CNBC - 5h -
Indian Prime Minister Modi expands ties on a visit to Sri Lanka
Indian Prime Minister Narendra Modi has inaugurated construction work on an jointly-funded solar plant in neighbouring Sri Lanka and witnessed the signing of energy and defense agreementsABC News - 5d -
Bill Ackman warns Trump to call a timeout on trade war: 'This is not what we voted for'
Billionaire hedge fund investor Bill Ackman, who endorsed President Trump last year, is offering a stark warning about the risks of the White House’s tariff plans, arguing they could cause the ...The Hill - 4d -
Aid cuts could have ‘pandemic-like effects’ on maternal deaths, WHO warns
Loss of funding could undo progress in reducing deaths in pregnancy and childbirth, especially in war zones, says UN. More women risk dying in pregnancy and childbirth because of aid cuts by ...The Guardian - 4d -
Le Pen supporters rally in Paris, turning a protest into a populist show of force
Far-right French politician Marine Le Pen, who was convicted last week of embezzling public funds and banned from running for office, stood unshaken before a sea of French flags in Paris on SundayABC News - 4d -
Poor countries say rich world betraying them over climate pledges on shipping
Proposal that ships pay levy on emissions to fund climate action in poor countries opposed by powerful economies. Poor countries have accused the rich world of “backsliding” and betrayal of their ...The Guardian - 3d -
Trump adviser fires back at Bill Ackman: 'Nuclear winter' talk 'completely irresponsible'
White House National Economic Council (NEC) Director Kevin Hassett said in a Monday interview that billionaire hedge fund investor Bill Ackman “should ease off the rhetoric” after he warned that ...The Hill - 3d -
GOP pollster: Majority of Trump voters oppose Medicaid cuts
A majority of Americans who voted for President Trump oppose cuts to Medicaid funding, according to a recent poll. Two-thirds of surveyed swing voters oppose cutting Medicaid spending to pay for ...The Hill - 3d -
Protect Our Care targeting swing districts with ads opposing Medicaid cuts
The Democrat-aligned group Protect Our Care is launching a new spate of ads targeting GOP-controlled swing districts across the country to highlight constituent opposition to Medicaid funding cuts ...The Hill - 3d -
$115 million just poured into this startup that makes engineering 1,000x faster — and Bezos, Altman, and Nvidia are all betting on its success
Rescale secures $115 million in Series D funding to accelerate AI physics technology that speeds up engineering simulations by 1000x, backed by tech luminaries including Bezos and Altman.VentureBeat - 3d -
GdS: Milan hope to raise €100m+ from sales – the players at risk in summer clear-out
Without the money guaranteed by the next Champions League, AC Milan are looking at how they can raise funds to boost the summer budget.As La Gazzetta dello Sport (seen below) report this morning, ...Yahoo Sports - 2d -
Trump vs. the Ivy League: 'These are elite institutions and blue states'
President Trump's administration has taken its fight with the Ivy Leagues to new heights, detaining student activists, launching investigations, pulling hundreds of millions in funding and giving ...The Hill - 2d -
More CEOs warn about impact of Trump's tariffs on global economy
After another chaotic day on Wall Street Monday, financial leaders, including JPMorgan Chase’s Jamie Dimon, hedge fund billionaire Bill Ackman and Virgin Group founder Richard Branson, are warning ...NBC News - 2d -
Ackman doubles down on pause: Thoughts on Trump tariffs 'misinterpreted'
Billionaire hedge fund investor Bill Ackman on Tuesday doubled down on his call for a pause on President Trump’s sweeping tariff agenda and suggested others “misinterpreted” his comments. “Some ...The Hill - 2d -
Trump reportedly to cut grant for key US steel project in Vance’s home town
Outcry as CNN reports president to stop funds for program that would have created jobs in Middletown, Ohio. Despite promises to bolster the US manufacturing industry, the Trump administration is ...The Guardian - 2d -
Ackman: Many small businesses will go bankrupt if Trump doesn't pause tariffs soon
Billionaire hedge fund investor Bill Ackman suggested small businesses will be crippled by President Trump’s sweeping tariffs if a pause on global import taxes isn't implemented by the ...The Hill - 1d -
NRA Foundation awards two grants to Crawford County Sportsmen's Coucil
The National Rifle Association (NRA) Foundation has awarded two grants to the Crawford County Sportsmen’s Council Inc. totaling $2,324 to help fund ammunition for the Maplewood High School trap ...Yahoo Sports - 1d -
Why Trump faces toughest House GOP test yet on budget blueprint
President Trump has succeeded in uniting House Republicans ahead of a number of high-stakes votes this year — the Speaker’s race, the House-crafted budget resolution and a government funding bill — ...The Hill - 1d -
Next Nasa leader says he would prioritize US missions to Mars if confirmed
Billionaire Jared Isaacman has funded his own journeys into space and insists he would not abandon moon missions. The next Nasa leader will prioritize sending American astronauts to Mars if he ...The Guardian - 1d -
Ackman on Trump tariff pause: 'Brilliantly executed'
Billionaire hedge fund investor Bill Ackman on Wednesday praised President Trump’s decision to implement a 90-day pause on reciprocal tariffs against foreign trading partners, with the exception of ...The Hill - 1d -
A "Sesame Street" show for young refugees | 60 Minutes Archive
Half of the world's refugees are children, yet only 2% of all refugee funding goes to education. In 2019, 60 Minutes reported on a new "Sesame Street" program designed to help refugee children cope ...CBS News - 1d
