Latest in Fund Now Owns
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The U.S. Economy May Be Too Strong for Its Own Good
The Fed may have to hold interest rates high until something breaks.Inc. - 2d -
How Biden tarnished his own legacy
The 46th president had his accomplishments - but for now these are partly overshadowed by certain misstepsBBC News - 2d -
Bitcoin soared in 2024. How much — if any — should you own?
Bitcoin prices soared in 2024.NBC News - 3d -
How Jack Smith destroyed his own case against Trump
Special Counsel Jack Smith's report on the Washington case alleging crimes related to Jan. 6 and the 2020 election is expected to be released soon, but will not include the Florida documents case, ...The Hill - 3d -
Bitcoin soared in 2024. How much — if any — should you own?
The crypto asset was the top performer in 2024, rising about 125%. But finance pros say bitcoin should generally not account for over 5% of your portfolio.CNBC - 3d -
Why SEC Basketball Is Its Own Worst Enemy
The conference’s superiority this season also ensures something else: carnage, a columnist for The Athletic writes.The New York Times - 4d -
Inept arsonist set his own pants on fire in Australia
An alleged arsonist was forced to strip off their pants after they caught fire during an attempt to set fire to a fast-food outlet in Australia.NBC News - 5d -
Michael Sheen to fund new national theatre for Wales
The actor says he is putting everything behind starting Welsh National Theatre.BBC News - 5d -
Watch: Australia arson suspect mistakenly sets own trousers alight
Footage released by police shows the suspect stripping off their burning clothes and fleeing.BBC News - 5d -
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 - 5d -
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 - 6d -
A silver lining to this sluggish market — plus, more evidence that Goldman is right to own
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - 6d -
‘América Mexicana’: Mexico’s president responds to Trump with renaming of her own
Claudia Sheinbaum joked about renaming the entire continent in retort to Trump’s ‘Gulf of America’ comments. Claudia Sheinbaum, Mexico’s president, has responded to Donald Trump’s proposal to ...The Guardian - 6d -
Justin Trudeau Was His Own Worst Enemy
Justin Trudeau came to power with a new kind of politics — progressive and identity-based. In the end, it proved his undoing.The New York Times - 6d -
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 -
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 -
Donald Trump Jr visits Greenland amid father’s interest in owning island
President-elect’s son says visit is ‘personal day trip’ as Danish PM says autonomous territory is ‘not for sale’. Donald Trump Jr touched down in Greenland on Tuesday, hours after his father ...The Guardian - Jan. 7 -
This fund manager forecast a 20% S&P 500 gain last year. Now he says cash is king.
Dan Niles, founder of Niles Investment Management, says the S&P could swing much higher or lower in 2025, and investors need to protect themselves.MarketWatch - Jan. 7 -
‘Everyone owns the beach’: Australian PM throws shade in cabana debate
Anthony Albanese says using shade structures to reserve space is ‘not on’ as local mayor urges beachgoers ‘to be kind and considerate’. Get our breaking news email , free app or daily news ...The Guardian - Jan. 7 -
Now Is the Time to Reimagine Lebanon
The fall of the Syrian regime and loss of Iranian influence opens the door for the Lebanese to finally take their fate in their own hands.The New York Times - 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 -
He Owns the Worst Gloves in Hockey, and He’s Not Giving Them Up
The Bruins star Brad Marchand has an endorsement deal that allows him to get new gloves whenever he wants. He won’t take advantage of it.The New York Times - 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 -
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 -
Who Owns Jan. 6?
Trump is trying to rewrite history, but history may not comply.The New York 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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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 -
Meta is killing off its own AI-powered Instagram and Facebook profiles
Instagram profile of ‘proud Black queer momma’, created by Meta, said her development team included no Black people. Meta is deleting Facebook and Instagram profiles of AI characters the company ...The Guardian - Jan. 3 -
NFL Owns 72 of TV’s Top 100 as Politics Loosens Sports’ Grip
While the long shadow of another quadrennial upheaval threatened to diminish the NFL’s stranglehold on American media consumption, the 2024 election cycle had relatively little impact on the ...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 -
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 -
‘The only thing you need is your own mind’: how to start meditating
Meditation isn’t about perfectionism or blocking thoughts, experts say – the goal is to develop ‘a balanced awareness’. Everyone has to start somewhere. In this new column, experts give advice ...The Guardian - Jan. 2 -
‘We can be weirdos too’: the Black mermaids creating their own fantasy worlds
Mermaiding has gained popularity in the US – and Black mermaids are using the activity to advocate for aquatic safety, raise environmental awareness and connect to African spirituality. Dressed in ...The Guardian - Jan. 1 -
How 'Saturday Night' editors dialed up the anxiety as their own deadline approached
'Saturday Night' editors Nathan Orloff and Shane Reid worked in tandem to find the manic energy of the fledgling show as deadline drew closer.Los Angeles Times - Jan. 1 -
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
