Funds Harder Than - QuikReader

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 - 16h

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 - 18h

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 - 18h

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 - 20h

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 - 6h

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 - 1d

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 - 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

Schumer to push for anti-terror funds in budget negotiations

Politico - 2d

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 - 2d

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 problem

Financial Times - 2d

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 Gadhafi

ABC 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 investors

Financial Times - 2d

Rangers have 'no other option' than to sort issues

Fresh off Saturday's 7-4 loss to the Capitals, the Rangers, who have lost 16 of their past 21 games, have "no other option" than to keep working, Mika Zibanejad says.

ESPN - 3d

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 - 4d

Baerbock: EU will not fund the Islamization of Syria

Yahoo News - 4d

Quiz: Were these champions older or younger than Littler?

Luke Littler is another of sport's teenage prodigies, but is he younger or older than some of his peers when they first conquered the world?

BBC News - 4d

Intel's Problems Are Even Worse Than You've Heard

There is fresh evidence the once-mighty innovator is losing market share in more areas

The Wall Street Journal - 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

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 decisions

Financial Times - 5d

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

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 industry

Financial Times - 5d

The Rangers Scenario Is Crazier Than Looney Tunes

The Rangers are in a bad place right now and it dosn't seem to be getting much better.

Yahoo Sports - 5d

House Republicans unveil new rules, one which makes it harder to oust speaker

House Republican leaders unveiled new rules for the 119th Congress, which includes a provision that will make it harder to oust a speaker but doesn’t remove the threat.

ABC News - 6d

The attack was the deadliest in the U.S. in more than a year.

Less than a month ago, New York State authorities charged Luigi Mangione with an act of terrorism in the killing of a health care executive in a shooting in Midtown Manhattan.

The New York Times - 6d

House to vote on rule making it harder to oust speaker

The threshold that allowed a single member to trigger a no-confidence vote to remove the speaker will be increased to nine members.

CBS News - 6d

House rules would make it harder to oust speaker in next Congress

The rules package raises the threshold for triggering a vote from one GOP member to nine.

Politico - 6d

FBI seizes more than 150 pipe bombs in raid on Virginia farm

The FBI says it found more than 150 pipe bombs in a raid on a Virginia farm. Investigators say Brad Spafford was arrested after a tip that he was stockpiling weapons. It is the largest seizure of ...

CBS News - Jan. 1

More than 1 million still without power in Puerto Rico

Many in Puerto Rico started 2025 without electricity as the local power company said it could take another day to turn the power back on after a blackout impacted most of the island.