Latest in Funding Turmoil
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This investment is cheaper and better than mutual funds
Opponents shouldn’t block 403(b)s from purchasing collective investment trustsMarketWatch - Dec. 7 -
South Korean Leader’s Deal to Avoid Impeachment Signals Bigger Turmoil Ahead
President Yoon Suk Yeol survived an opposition-led attempt to remove him by getting his party members to back him. But his troubles could now become theirs too.The New York Times - Dec. 7 -
Romanian prosecutors conduct raids linked to funding of Georgescu's campaign
Romanian prosecutors have conducted raids linked to an man suspected of illegally financing a campaign to promote Calin Georgescu’s presidential runABC News - Dec. 7 -
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Elon Musk’s X.AI wins $6 billion in private funding as the latest unicorn to avoid an IPO
X.Ai, a competitor to ChatGPT parent OpenAI, disclosed a large round of funding without the need to become a public company.MarketWatch - Dec. 6 -
The EU makes an urgent TikTok inquiry on Russia's role in Romanian election turmoil
The European Union has sent TikTok an urgent request for more information about Romanian intelligence files suggesting that Moscow coordinated influencers on its platform to promote an election ...ABC News - Dec. 6 -
World Bank reaches $100bn funding target but faces Trump challenge
US contribution under Biden sets up potential battle in the new Congress next yearFinancial Times - Dec. 6 -
FirstFT: US equity funds record $140bn of inflows after Trump’s election win
Also in this newsletter, South Korea’s ruling party warns president could impose martial law again and the FT’s most influential women of 2024Financial Times - Dec. 6 -
Political Turmoil Adds to the Economic Woes of South Korea
Even before a short-lived declaration of martial law thrust the country into crisis, the economy faced grim prospects.The New York Times - Dec. 6 -
Investors pour $140bn into US stock funds after Trump election victory
Bets incoming administration will enact ‘pro growth’ agenda spur rush into Wall Street equitiesFinancial Times - Dec. 6 -
Women's health research needs funding boost, report says
Click in for more news from The Hill {beacon} Health Care Health Care The Big Story Women's health research needs funding boost, report says Roughly 9 percent of the National Institutes of ...The Hill - Dec. 5 -
These tips for investing in mutual funds and ETFs help you ride a year-end rally
Bitcoin, small-caps, gold in focus, and the stock market looks for holiday cheer.MarketWatch - Dec. 5 -
Harris's next role should be raising funds for a Black reparations bank
While Democrats tend to promote broad-based economic policies that “lift all boats,” the Black community needs targeted programs to make up for lost ground.The Hill - Dec. 5 -
What are Social Security's trust funds? New debate emerges on program's financing
As Social Security's trust funds run low, one politician is questioning the way the program is financed.CNBC - Dec. 5 -
Europe races to set up €500bn defence fund
Initiative is open to UK and would tap bond markets to boost spending for Trump’s White House returnFinancial Times - Dec. 5 -
Nvidia tangos with an activist hedge fund: An excerpt from Tae Kim's new book on the tech giant
Starboard Value's Jeff Smith knows his firm sold its Nvidia stake way too soon, Tae Kim writes in "The Nvidia Way: Jensen Huang and the Making of a Tech Giant."CNBC - Dec. 5 -
World’s biggest hedge fund flags the ‘holy grail’ that may shield investors if U.S. stock rally crumbles
Karen Karniol-Tambour, co-chief investment officer at Bridgewater Associates, says valuations are much higher for U.S. stocks than they were when the bull run began.MarketWatch - Dec. 5 -
The Papers: 'Long Starm of the law' and France 'in turmoil'
Keir Starmer's pledge to restore neighbourhood policing and a political crisis in Paris lead the front pages.BBC News - Dec. 5 -
Euro drifts as political turmoil dents sentiment; bitcoin scales $100,000
SINGAPORE (Reuters) -The euro was subdued on Thursday after the widely expected collapse of the French government, stoking worries about the region's second-biggest economic power, while bitcoin ...Yahoo Sports - Dec. 5 -
Jamie Foxx pushes on Capitol Hill for more Down syndrome research funding in honor of sister
Oscar-winning actor Jamie Foxx joined lawmakers on Capitol Hill Wednesday to push for more funding for the National Institute of Health’s (NIH) research program on Down syndrome. The DeOndra ...The Hill - Dec. 4 -
South Korea’s Martial Law Turmoil Threatens Pacific Alliance With U.S. and Japan
Donald J. Trump had been seen as the main risk factor for the partnership between Tokyo, Seoul and Washington. Then came martial law in South Korea.The New York Times - Dec. 4 -
Congressional Democrats call on Biden to disburse remaining IRA climate funds before leaving office
Sen. Ed Markey (D-Mass.) and Rep. Alexandria Ocasio-Cortez (D-N.Y.) called on President Biden in a letter Wednesday to ensure climate-related Inflation Reduction Act (IRA) and Bipartisan ...The Hill - Dec. 4 -
What next for South Korea after night of political drama and turmoil
South Koreans expressed anger and confusion on Wednesday after President Yoon Suk Yeol declared martial law only to lift the order hours later.NBC News - Dec. 4 -
New UN aid chief vows 'ruthlessness' to prioritize spending as funding for world's crises shrinks
The new head of the U.N. humanitarian aid agency is calling for “ruthlessness” when prioritizing how it spends moneyABC News - Dec. 4 -
Why France's turmoil is grave concern for Europe
There's no end in sight to the political instability as French PM Barnier faces a no-confidence vote.BBC News - Dec. 4 -
9 states poised to end coverage for millions if Trump cuts Medicaid funding
About 3.7 million people are at immediate risk of losing health coverage should the federal government cut funding for Medicaid expansions, as some allies of President-elect Donald Trump have ...CBS News - Dec. 4 -
Hiccups in ETFs tracking MicroStrategy occurring as bull market fuels trading boom in single-stock funds
Single stock ETFs are seeing high trading volumes, and some are showing signs of stress.CNBC - Dec. 4 -
Zealous tourists are unfazed by South Korea's sudden martial law turmoil
Many tourists in Seoul seemed largely unfazed by the political turmoil unfolding in the capital as they flocked to the city’s largest palace, local landmarks and shopping streetsABC News - Dec. 4 -
South Korea vows market support in wake of turmoil
Won flat and Korean stocks fall 1.4% as central bank says it is keeping all options open until situation stabilisesFinancial Times - Dec. 4 -
New UN aid chief vows 'ruthlessness' to prioritize spending as funding for world's crises shrinks
The new head of the U.N. humanitarian aid agency is calling for “ruthlessness” when prioritizing how it spends moneyABC News - Dec. 4 -
Norway Oil Fund Divests of Israel's Bezeq Over Services to West Bank Settlements
Norway’s $1.8 trillion sovereign wealth fund said it decided to exclude Israeli telecommunications company Bezeq from the fund over concerns the company could be contributing to human-rights ...The Wall Street Journal - Dec. 4 -
South Korea Stock Markets Wobble After Martial Law Turmoil
Officials pledged “unlimited” support to markets as traders digested the implications of South Korea’s brief declaration of martial law.The New York Times - Dec. 4 -
The Papers: 'Turmoil in South Korea' and 'Letby quizzed' in jail
A failed attempt to declare martial law and a killer nurse being investigated over baby deaths feature in the headlines.BBC News - Dec. 4 -
Orange Co. SOE defends controversial taxpayer-funded scholarship by linking it to voter access
Orange Co. SOE defends controversial taxpayer-funded scholarship by linking it to voter accessYahoo Sports - Dec. 3 -
Peter Thiel's Founders Fund loses one of first partners to emeritus role
Brian Singerman said on Tuesday that he's stepping down as a general partner of Founders Fund after 13 years.CNBC - Dec. 3 -
How Private Funds Could Hurt Americans Under Trump
The fund managers who backed Donald Trump’s candidacy have welcomed his victory with calls for new directions in policy.The New York Times - Dec. 3 -
Woods says US Ryder Cup team should be paid if funds are donated to charity
Deal close to pay each US player $400k for 2025 event ‘What’s wrong with divvying it out to amazing charities?’ Tiger Woods believes American players should all be paid millions to play in the ...The Guardian - Dec. 3 -
Funding issues and ‘over-optimism’ behind UK failures on jobs data
Statistics agency review reveals flaws that left policymakers without a reliable unemployment figure for a yearFinancial Times - Dec. 3 -
Hedge funds profit from ‘Trump trades’ around US election
Element Capital and Graham Capital among macro managers that did well out of recent market swingsFinancial Times - Dec. 3 -
California special session to 'safeguard' state from Trump kicks off with proposed $25 million legal fund
Gov. Gavin Newsom's special legislative session to safeguard California from potential "federal overreach" from the incoming Trump administration begins Monday.CNBC - Dec. 3
