Latest in Funding Shortfall Puts
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Leveraged hedge funds magnified August market sell-off, Fed says
US central bank report pins blame for trading volatility partly on investors that had taken on too much debtWorld - Financial Times - November 22 -
Donald Trump chooses hedge fund executive Scott Bessent for Treasury secretary
The founder of Key Square Group was deemed a strong favorite to lead the Treasury Department, along with several other contenders.Business - CNBC - November 23 -
Trump picks hedge-fund investor Scott Bessent for treasury secretary
Job is one of most powerful in Washington with huge influence over US economy and financial markets. Trump’s administration and White House staffing picks and likely contenders – so far ...World - The Guardian - November 23 -
Trump picks hedge fund manager Scott Bessent to serve as treasury secretary
President-elect Donald Trump on Friday announced he had asked Scott Bessent, a hedge fund executive and top fundraiser to his campaign, to serve as secretary of the Treasury Department.Top stories - NBC News - 6 days ago -
Trump picks hedge fund exec Scott Bessent as treasury secretary
President-elect Trump announced a barrage of new picks for key roles in his administration, including hedge fund manager Scott Bessent to be his treasury secretary. NBC’s Aaron Gilchrist reports ...Politics - NBC News - 6 days ago -
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Arkansas couple uses wedding fund to save dog's life
Dylan McCay and his fiancée Emily Roberts emptied their wedding savings to save a dog's life after finding her severely injured. Their generosity sparked a fundraising campaign that raised $45,000. ...Top stories - CBS News - 4 days ago -
Regulator Sues Anti-Police Activist Who Spent Charity Funds on Himself
Brandon Anderson, who used his nonprofit’s accounts to rent mansions and buy luxury clothes, was featured in a New York Times story in August.Top stories - The New York Times - 4 days ago -
Trump's 'border tsar' vows to cut funding to 'sanctuary' states
Several states plan to oppose Trump's plans to deport millions of undocumented migrants from the US.Top stories - BBC News - 4 days ago -
Homan: 'I guarantee' funds will be cut from states not cooperating on deportation
President-elect Trump’s pick for “border czar,” Tom Homan, on Sunday threatened funding for states that refuse to cooperate in the federal government's deportation plans. Fox News’s Mark Levin, in ...Politics - The Hill - 4 days ago -
Flows jump after mutual fund-to-ETF conversions, BofA study shows
Increasing numbers of US managers are making the move offering investors multiple advantagesWorld - Financial Times - 3 days ago -
Biden administration finalizes nearly $8B in CHIPS funding for Intel
Intel will receive about $7.86 billion in funding from the CHIPS and Science Act to build new semiconductor manufacturing facilities across four states under its finalized agreement with the Biden ...Politics - The Hill - 3 days ago -
England’s top judge hits out at government’s refusal to boost court funding
Sue Carr says preventing full operating capacity at crown courts has had a ‘drastic effect’ in worsening backlogsWorld - Financial Times - 3 days ago -
Existing law requires US to cut funding if UN rejects Israel’s credentials
U.S. law requires the U.S. to suspend its participation in any UN organ or agency if Israel is illegally expelled, suspended, denied its credentials, or in any other manner denied its right to ...Politics - The Hill - 3 days ago -
Scott Bessent’s fund made biggest returns with bet against Fed
Donald Trump’s Treasury secretary pick shorted vulnerable assets in 2022 to capitalise on post-pandemic inflationBusiness - Financial Times - 2 days ago -
Why exchange-traded funds are a 'growth engine' of active management
Actively managed exchange-traded funds have captured investor money in recent years while active mutual funds have shed net assets.Business - CNBC - 2 days ago -
Hong Kong plans crypto tax break for hedge funds and billionaire families
Chinese territory is competing with Singapore and Switzerland to become top offshore finance hubBusiness - Financial Times - Yesterday -
Labour’s hedge fund donors took low-tax option of £160mn loans
Quadrature Capital partners may face lower bill from arrangement compared with dividends, say expertsWorld - Financial Times - Yesterday -
UK property worth £6bn bought using suspicious funds
Most deals channelled through companies registered in British Virgin IslandsWorld - Financial Times - Yesterday -
These tips for investing in mutual funds and ETFs give you a rich plate of options
A closer look at momentum stocks and bitcoin.Business - MarketWatch - 13 hours ago -
The presidential election could put $250bn at stake for US businesses
Also in today’s newsletter, how Arizona’s proof of citizenship law complicates voting in the swing stateWorld - Financial Times - October 31 -
How Watkins, Hidalgo and the sophomore class will continue to put on a show
They took starring roles last season. Now JuJu Watkins, Hannah Hidalgo and MiLaysia Fulwiley are back for more.Sports - ESPN - November 1 -
Bundesliga leaders Leipzig will put Dortmund's faith in Şahin to the test
Concerns are growing in Dortmund, and with Bundesliga leaders Leipzig visiting on Saturday, a fourth straight defeat would set alarm bells ringing.Sports - ESPN - October 31 -
Spain’s deadly floods put spotlight on lack of climate preparedness
Also in this newsletter: European lawmakers open to simpler post-Brexit trade relationsWorld - Financial Times - November 1 -
Harris puts Pennsylvania in spotlight with new Shapiro-narrated ad
Vice President Harris’s campaign on Friday unveiled its last Pennsylvania ad featuring Gov. Josh Shapiro (D), putting the critical battleground state in the spotlight. The 30-second ad was narrated ...Politics - The Hill - November 1 -
Khalife: Prison escape a bid to get put in high security unit
The alleged Iranian spy tells court he attached a sling made of trousers to the bottom of a lorry.Top stories - BBC News - November 1 -
LeBron James and Lakers 'take two steps forward' in win over Raptors
LeBron James scores 27 points and Anthony Davis returns to form, finishing with 38 points and 12 rebounds in the Lakers' 131-125 win over Toronto.Sports - Yahoo Sports - November 2 -
Trump, Preparing to Challenge the Results, Puts His 2020 Playbook Into Action
Step by step, Donald J. Trump and his allies are following the strategies that caused chaos four years ago. Election officials say they are ready this time.Top stories - The New York Times - November 2 -
The New York City Marathon Puts the Growing Business of Run Clubs in the Spotlight
As runners gear up for one of the world’s biggest marathons, run clubs are booming as a way for people and businesses to connect to the community.Business - Inc. - November 2
