Latest in Fund Wake
Sort by
37 items
-
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 - 9h -
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 - 11h -
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 - 11h -
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 - 12h -
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 - 17h -
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 - 11h -
Fujitsu’s UK goodwill wiped out in wake of Post Office scandal
Japanese technology group decided to restrict bidding for government contractsFinancial Times - 14h -
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 - 18h -
Dodgers trade Gavin Lux to Cincinnati Reds in wake of Hyeseong Kim signing
Days after signing Hyeseong Kim, the Dodgers trade Gavin Lux to the Cincinnati Reds in exchange for a competitive balance pick and prospect Mike Sorota.Yahoo Sports - 1d -
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 - 1d -
Target-date funds — the most popular 401(k) plan investment — don't work for everyone
Target-date funds are poised to capture about two-thirds of all 401(k) contributions by 2027. While they benefit many investors, others may see drawbacks.CNBC - 1d -
Stop Firing People Over Email: A Leadership Wake-Up Call
Bring humanity back to tough decisions in the digital age.Inc. - 1d -
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 - 1d -
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 - 1d -
France's former President Sarkozy standing trial over alleged campaign funding by Libya's Gadhafi
France’s former President Nicolas Sarkozy goes on trial Monday over alleged illegal financing of his 2007 presidential campaign by the government of late Libyan leader Moammar GadhafiABC News - 2d -
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 - 2d -
ATF head warns that the Trump administration's funding cut plans could risk lives
Steve Dettelbach, the director of the Bureau of Alcohol, Tobacco, Firearms and Explosives, warned that President-elect Donald Trump's plans to reduce funding for the agency could risk lives. Scott ...CBS News - 3d -
100% stocks for retirement? A new study says dump the 60/40 portfolio and target-date funds.
An all-equity portfolio, with a focus on international stocks, could be the key to maximizing retirement wealth, research suggests.MarketWatch - 3d -
Do stock holdings reflect individual risk preferences or the growing use of target-date funds?
I suspected most financial assets were in 401(k) plans and most 401(k) holdings were directed by target-date funds, but the data told a somewhat different story.MarketWatch - 3d -
-
Las Vegas suspect had PTSD, wanted to send 'wake-up call': Officials
Investigators said the deceased suspect in the Las Vegas Cybertruck explosion was suffering from PTSD and left behind notes in his phone detailing his motive for the attack during a Friday news ...The Hill - 4d -
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 - 4d -
Biden to visit New Orleans Monday, in wake of Bourbon Street attack
President Biden and first lady Jill Biden will meet with families and community members during their visit, the White House said.CBS News - 4d -
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 - 4d -
These tips for investing in mutual funds and ETFs can make 2025 a happy new year
Don’t miss these top money and investing features.MarketWatch - 5d -
Notre Dame wins delayed Sugar Bowl in the wake of New Orleans terrorist attack
College football fans observed a moment of silence at the Superdome on Thursday, honoring victims of a terrorist attack that pushed the Sugar Bowl off its traditional New Year's Day perch in New ...NBC News - 5d -
-
New Mexico States parts with AD Moccia in wake of report on sex-abuse in hoops program
New Mexico State is moving on from athletic director Mario Moccia in the wake of an investigation that criticized the school’s handling of the sexual-abuse scandal that temporarily shut down the ...ABC News - 5d -
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 - 5d -
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 - 5d -
Activist investors give Japan a wake-up call
A critical mass of shareholder activists are forcing companies to adjustFinancial Times - 6d -
College football's Sugar Bowl postponed in wake of New Orleans truck ramming attack
Officials have postponed Wednesday night’s Sugar Bowl, a major sporting event in New Orleans, after a man plowed his truck into a crowd of New Year’s revelers in what is being investigated as a ...NBC News - 6d -
-
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
