Latest in Fund’s Desert
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Elon Musk's xAI in Talks to Raise Funding Valuing It at $40 Billion
The new fundraising effort would substantially increase startup’s valuation from spring.Tech - The Wall Street Journal - 23 hours ago -
Republicans unveil emergency bill to fund tapped-out disaster loan program
Senate Republicans released legislation this week that aims to replenish funds for a key federal program that provides disaster loans to businesses and homeowners. Sen. Thom Tillis (R-N.C.) led ...Politics - The Hill - 22 hours ago -
In Election’s Final Days, Dark Money and ‘Gray Money’ Fund Hidden Agendas
Big-money operatives are taking advantage of lax rules at the end of the campaign to hide the true source of their money until after the election is called — or for forever.Top stories - The New York Times - 4 hours ago -
Rep. Maxwell Frost says Congress should return "as soon as possible" to replenish relief funds
Rep. Maxwell Frost of Florida has signed a letter urging Congress to return from recess to replenish relief funds, telling "Face the Nation with Margaret Brennan" that although FEMA currently has ...Top stories - CBS News - October 13 -
Hedge-fund manager who could be Trump Treasury secretary says tariffs can be negotiated lower
A hedge-fund manager who is reported to be in the running to be Treasury secretary if former President Donald Trump is re-elected said in an interview that a proposed across-the-board tariff rise — ...Business - MarketWatch - October 14 -
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France’s far-right leader Marine Le Pen faces court on charges of embezzling EU funds
French far-right leader Marine Le Pen strongly denied committing any wrongdoing at a Paris court Monday as she and her National Rally party stand trial over the suspected embezzlement of European ...World - ABC News - October 14 -
Reeves aims to close £40bn funding gap as she plans tax rises in Budget
Figure is significantly more than the £22bn fiscal hole the government previously identifiedBusiness - Financial Times - October 15 -
State Department addresses U.S. warning to Israel over Gaza aid
Secretary of State Antony Blinken and Secretary of Defense Lloyd Austin wrote a letter to Israeli officials warning that humanitarian aid allowed into Gaza must increase or the U.S. ally could risk ...Top stories - CBS News - October 15 -
Middle East crisis live: US warns Israel it will withhold arms funding if Gaza aid doesn’t improve
US state department confirms reports that secretary of state and defense secretary warned Israel . See all our Middle East coverage here Israeli military strikes killed at least 40 ...World - The Guardian - October 15 -
Small Business Administration disaster loan program exhausts funds after Hurricane Helene
The Small Business Administration said it has exhausted funds for its disaster loan program following increased demand from Hurricane Helene, with Congress being in recess.Top stories - NBC News - October 15 -
SBA’s Disaster Relief Fund Runs Dry After Milton’s Destruction Spikes Need
After hurricanes Milton and Helene bombarded Florida and other parts of the East Coast, the SBA’s funding pool has been depleted sooner than expected.Business - Inc. - October 15 -
How this money manager’s one-of-a-kind fund beats the market without Nvidia and other tech stocks
Cambria Investment’s Faber tells MarketWatch how he makes shareholders money by owning high-quality, dividend-paying stocks that most investors overlook.Business - MarketWatch - October 19 -
This five-star fund’s formula rode Super Micro’s gain, while its disciplined strategy avoided the stock’s brutal decline
The Hennessy Cornerstone Growth Fund follows a highly rated strategy of selecting its entire portfolio from scratch once a year.Business - MarketWatch - October 19 -
Controversial consulting firm fails to get approval for deal with Ohio teachers’ pension fund
A committee on the Ohio retired teachers’ pension fund board has decided not to move forward with the controversial consulting firm that has been the subject of News 5 investigations.Sports - Yahoo Sports - October 16 -
A federal disaster fund that had 50,000 applications after twin hurricanes is now out of money
A federal disaster fund has received 54,000 applications from those impacted by the recent hurricanes, but the money won't be available for weeks.Top stories - NBC News - October 18
