Funding Blowup - QuikReader

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 - Mar. 12

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 - Mar. 12

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 - Mar. 12

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 - Mar. 12

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 €17bn

Financial Times - Mar. 13

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 funds

Financial Times - Mar. 13

Government shutdown: Which parks, museums and monuments could be closed?

The possibility of a government shutdown means many federally funded national parks, monuments and attractions might be closed until the government reopens.

ABC News - Mar. 13

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 deal

Financial Times - Mar. 14

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 - Mar. 14

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 - Mar. 14

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 fine

Financial Times - Mar. 14

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 - Mar. 14

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 - Mar. 15

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 - Mar. 16

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 services

Financial Times - Mar. 16

Columbia under pressure to resist Trump administration demands

Scholars say government threat to further cut federal funding at Ivy League university contains ‘glaring legal problems’

Financial Times - Mar. 16

‘Full of despair’: Senate Dems look to regroup after losing shutdown fight

Democrats are openly questioning whether they lost their last point of leverage by ceding to Republicans in the latest skirmish over funding the government.

Politico - 6d

‘Full of despair’: Senate Dems look to regroup after losing shutdown fight

Democrats are openly questioning whether they lost their last point of leverage by ceding to Republicans in the latest skirmish over funding the government.

Politico - 6d

2025 Players Championship purse, prize money: Payout for Rory McIlroy, winner's share out of $25 million pool

The biggest prize fund of the PGA Tour's season was up for grabs during its signature event at TPC Sawgrass

CBS Sports - 6d

Thames Water's £3bn rescue deal cleared by court

The funding allows the company to continue operating and attempt to restructure its massive debt pile.

BBC News - 6d

Short sellers make $16bn profit from Tesla’s share price plunge

Payday follows years of pain for hedge funds that bet against Elon Musk’s electric-car maker

Financial Times - 5d

Dismantling VOA could lead to dominance of anti-U.S. propaganda, director says

The government-funded news agency stopped broadcasting after its employees were put on leave or terminated.

CBS News - 5d

Investors slash US equity holdings by most ever, BofA survey shows

Threat to global growth from Trump’s trade tariffs sparks ‘bull crash’ in fund manager sentiment

Financial Times - 5d

Slower economic growth is likely ahead with risk of a recession rising, according to the CNBC Fed Survey

The 32 survey respondents, who include fund managers, strategists and analysts, raised the probability of recession to 36% from 23% in January.

CNBC - 5d

Former Russian politician goes on trial in UK for breaching sanctions

The ex-governor of Sevastopol used funds for school fees and to access a Mercedes-Benz, court hears

Financial Times - 5d

Tennis stars accuse governing bodies of ‘cartel’ to deny them more prize money

Players’ group behind lawsuit is affiliated with sports company backed by hedge fund tycoon Bill Ackman

Financial Times - 5d

Poland and UK discuss defence spending as Europe moves to re-arm

Finance minister Andrzej Domański calls for smarter funding as continent moves to bolster its military power

Financial Times - 3d

Democrats face demands to step up their opposition to Trump at fiery town halls

The base’s frustration with the party has mounted following the government funding fight, as Democratic lawmakers seek distance from Chuck Schumer.

NBC News - 3d

Dollar slump magnifies stock market pain for foreign investors

Simultaneous sell-off in US equities and currency ends ‘virtuous cycle’ for fund managers in Europe

Financial Times - 2d

Rebecca Minkoff on Why You Don’t Need Venture Capital

Rebecca Minkoff and Ali Wyatt spoke about funding at SXSW, and why venture isn’t for everyone.

Inc. - 2d

South-east Asian markets roiled as investors turn to China

Indonesian stocks hit four-year low and Thailand sees outflows as funds rethink growth story for region’s biggest economies

Financial Times - 1d

Passive investing wins again

Evidence in favour of index funds grows more compelling despite concerns over AI stock boom

Financial Times - 1d

Sanders, Ocasio-Cortez rallies setting stage for protest movement: Activist

Federal funding freezes imposed early in Trump’s second term alarmed voters, a progressive activist says.

The Hill - 1d

University in US agrees to Trump administration's demand for mask ban

The Trump administration has warned 60 universities funding may be cut if they do not address allegations of antisemitism on campuses.

BBC News - 1d

Columbia University’s Concessions to Trump Seen as a Watershed

Threatened with losing $400 million in federal funding, the university agreed to overhaul its protest policies and security practices.

The New York Times - 23h

TV industry in crisis, says Wolf Hall director

Funding problems meant Wolf Hall: The Mirror and The Light was almost axed weeks before filming began.

BBC News - 22h

Sunday shows preview: House GOP unveils bill to avert shutdown; Trump's tariffs teeter

House Republicans have unveiled a 99-page, six-month stopgap funding bill to avert a government shutdown and increase defense funding while seeking cuts for nondefense programs, which is likely to ...

The Hill - Mar. 8

Live updates: Trump says he hates to 'predict things like that’ when asked if he expects a recession

House Republicans on Saturday unveiled a 99-page, six-month stopgap funding bill to avert a government shutdown and increase defense funding while seeking cuts for nondefense programs, which will ...

The Hill - Mar. 9

House votes to avoid government shutdown by passing temporary spending bill

The House of Representatives has passed a short-term funding bill to avert a government shutdown. The stopgap bill funds the government until Sept. 30. The measure increases defense spending by $6 ...

CBS News - Mar. 11

Johns Hopkins University says it is cutting more than 2,000 workers due to cut to federal aid

Johns Hopkins University said Thursday that it is cutting over 2,000 workers because of a federal funding cut. “The termination of more than $800 million in [U.S. Agency for International ...

The Hill - Mar. 14

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