Latest in Funding Defies Law
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No one is above the law — except Trump
By artifice, luck, disinformation and extraordinary political success, Trump has shown that the only verdict that counts is in the court of public opinion.The Hill - 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 -
Sheel Seidler, wife of late Padres owner, sues in-laws for control of the team
Sheel Seidler, the wife of late San Diego Padres owner Peter Seidler, has sued two of her brothers-in-law in an attempt to prevent a third Seidler brother from taking control of the team rather ...ABC News - Jan. 7 -
Why Jude Law wanted his FBI agent in 'The Order' to be damaged
Based on a true story, the film is a period piece about neo-Nazis in the Pacific Northwest. The actor and his director couldn't have known that the events of the early 1980s would be as timely as ...Los Angeles Times - Jan. 7 -
Cooper promises law to tackle child abuse cover ups
The home secretary says those who fail to report child sexual abuse could face criminal sanctions.BBC News - 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 -
Biden signs Social Security Fairness Act into law: What to know
President Biden signed legislation into law over the weekend to expand Social Security benefits for droves of Americans. The measure, dubbed the Social Security Fairness Act, repeals two tax rules ...The Hill - Jan. 6 -
Biden signs bipartisan outdoor recreation bill into law
President Biden on Monday signed a bipartisan bill aimed at boosting outdoor recreation weeks after it cleared the Senate. The bill, the Expanding Public Lands Outdoor Recreation Experiences Act, ...The Hill - Jan. 6 -
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 - Jan. 6 -
These government workers will benefit after Biden signs new Social Security law
President Joe Biden signed a bill on Sunday that will repeal two laws previously preventing many public employees from receiving Social Security benefits.MarketWatch - Jan. 6 -
Biden signs Social Security Fairness Act into law
President Joe Biden signed the Social Security Fairness Act into law Sunday, marking what is expected to be one of the last major pieces of legislation of his presidency.ABC News - 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 -
A 2022 law changed how Congress counts electoral votes. Here's how.
Monday's joint session will be governed by a revised set of procedures that clarify the vice president's role, a change aimed at preventing attempts to overturn election results.CBS News - Jan. 6 -
Courts in ‘State of Disarray’ on Law Disarming Felons
The Supreme Court has repeatedly ducked Second Amendment challenges to the law. Starkly differing decisions from federal appeals courts last month may change that.The New York Times - Jan. 6 -
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 - 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 -
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 - Jan. 4 -
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 - Jan. 4 -
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 - Jan. 4 -
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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 -
Federal court decision won't change California net neutrality law
The 6th Circuit Court of Appeals blasted the FCC's attempts to regulate broadband internet, but state laws in California and New York remain intact.Los Angeles Times - Jan. 3 -
5 Employment Law Changes Set to Hit the Workplace in 2025
New legislation and ongoing legal battles mean employers have a lot to keep on top of this year, from pay transparency to workplace safety issues.Inc. - Jan. 3 -
USB-C Is Now the Law of the Land in Europe
Apple has already pulled devices to comply with the European Commission’s new Common Charger Directive.Wired - Jan. 3 -
Smuggled Starlink devices allegedly used to defy India’s internet shutdowns
Civilian and armed groups in conflict-ridden state of Manipur using SpaceX’s satellite internet, sources say. Elon Musk’s satellite-based Starlink – currently unlicensed for use in India – is being ...The Guardian - 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 -
Chess: jeans-clad Carlsen defies critics to share Blitz with Nepomniachtchi
The world No 1 withdrew from the World Rapid then came back for the Blitz, where he shared the title when Fide agreed to stop play after three games of a shootout. Magnus Carlsen completed a ...The Guardian - Jan. 3 -
Impeached South Korean president defies arrest in tense standoff
South Korean authorities moved Friday to execute an unprecedented arrest warrant for President Yoon Suk Yeol over his botched attempt to declare martial law last month.NBC News - Jan. 3 -
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 - 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 -
Subway Violence Stubbornly Defies All Efforts to Quell It
A string of attacks has riders devising their own strategies to stay safe, even after years of official efforts to make New York’s vital transportation system secure.The New York Times - Jan. 2 -
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 -
Justice Department asks Supreme Court to reinstate anti-money laundering law
The Justice Department asked the Supreme Court to issue an emergency order reinstating a federal anti-money laundering law as a legal battle plays out in a lower court. Passed in 2021, the ...The Hill - Dec. 31