Latest in Funds Hit Steepest
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Hedge funds hit with steepest margin calls since 2020 Covid crisis
Banks ask clients to stump up additional money as global market sell-off knocks value of holdingsFinancial Times - 19h -
Trump tariffs trigger steepest US stocks drop since 2020 as China, EU vow to hit back
Nike and Apple were among brands worst hit, but Trump maintained the US economy would ultimately "boom".BBC News - 1d -
Asian countries riven by war and disaster face some of steepest Trump tariffs
Myanmar, Cambodia and Laos hit with rates over 40% as experts say the real target is China. Business live – latest updates Analysis: Trump’s ‘idiotic’ and flawed tariff calculations stun ...The Guardian - 2d -
Measles vaccination clinics hit by funding cuts
The state has reported more than 400 cases of measles and health officials fear it will get worse.The Hill - 1d -
$40B into the furnace: As OpenAI adds a million users an hour, the race for enterprise AI dominance hits a new gear
In a move that surprised the tech industry Monday, OpenAI said it has secured a monumental $40 billion funding round led by SoftBank, catapulting its valuation to an unprecedented $300 billion -- ...VentureBeat - 4d -
OpenAI closes $40B funding round
OpenAI raised $40 billion from investors in its latest funding round, the ChatGPT maker announced Monday. The deal, which values the artificial intelligence (AI) company at $300 billion, was led ...The Hill - 3d -
Protests postponed after pharmacy funding boost
Community pharmacies have delayed protest action after the government agreed a new funding package.BBC News - 5d -
Trump Administration Will Review Billions in Funding for Harvard
The move follows the cancellation of roughly $400 million in funding for Columbia and the suspension of $175 million for the University of Pennsylvania.The New York Times - 4d -
Federal Judge Orders Legal Funds for Solo Migrant Children to Be Restored
The order for the funds’ temporary restoration came after nonprofit groups challenged the government’s decision to cut funding for legal services for unaccompanied children arriving in the United ...The New York Times - 3d -
Trump targets Smithsonian funding for programs with "improper ideology"
President Trump signed an executive order targeting funding for Smithsonian Institution programs that he says contain "divisive, race-centered ideology."CBS News - Mar. 28 -
Trump administration cutting some funds to Planned Parenthood
The Trump administration will withhold some federal funding from Planned Parenthood beginning Tuesday, potentially making it harder for Americans to access birth control, cancer screenings, and ...The Hill - 4d -
Oklahoma, Tennessee to get restored family planning funds
Click in for more news from The Hill {beacon} Health Care Health Care The Big Story Trump administration restoring some family planning funds to red states The Trump administration is restoring ...The Hill - 2d -
Harvard receives Trump administration demands to continue funding
The Trump administration has sent its demands to Harvard University on policies it must change to avoid the loss of federal funding after the federal government opened a review into the billions of ...The Hill - 23h -
Vanguard’s expired patent may emerge as ‘game changer’ for fund industry
The exchange-traded fund industry is betting on a structure that could help investors reduce tax burdens.CNBC - 6d -
Pension Funds Push Forward on Climate Goals Despite Backlash
At a time of resistance to environmental, social and governance goals, pension funds have become a bulwark against efforts to sideline climate risks.The New York Times - 5d -
Real Estate Fund Exceeds $2.5 Billion for Affordable Housing
The size of the fund, which is run by the Vistria Group, highlights how investors see an opportunity to address the nation’s housing crisis.The New York Times - 4d -
Judge temporarily restores funding for legal aid for migrant children
A judge has temporarily blocked the Trump administration from cutting funding to the program that provides legal representation to unaccompanied migrant children.ABC News - 2d -
OpenAI backs deepfake cybersecurity startup Adaptive Security in new funding round
Artificial intelligence cybersecurity company Adaptive Security announced a $43 million funding round co-led by OpenAI.CNBC - 2d -
Trump administration ramps up threat to cut school funding over DEI
The Trump administration threatened to cut school funding if states don’t certify that they do not have unlawful diversity, equity and inclusion practices.NBC News - 1d -
DOGE teams cut critical funding from America's libraries, officials say
State officials say they will lose funds for summer reading programs, book-mobiles, rural internet and more.CBS News - 13h -
Trump admin live updates: Admin 'covertly' froze FEMA funds, judge says
The administration's FEMA funding freeze violated a court order, a judge ruled.ABC News - 4h -
Trump executive order on Smithsonian targets funding for programs with 'improper ideology'
President Donald Trump has signed an executive order on the Smithsonian Institution that targets funding to programs that contain what he calls “divisive narratives” and “improper ideology.”ABC News - Mar. 27 -
Trump Science Funding Cuts May Hurt Economy, Experts Say
Since World War II, U.S. research funding has led to discoveries that fueled economic gains. Now cutbacks are seen as putting that legacy in jeopardy.The New York Times - 4d -
Watch live: Duffy testifies on Trump administration infrastructure funding
Department of Transportation (DOT) Secretary Sean Duffy will face questioning from the Senate Environment and Public Works Committee Wednesday morning on infrastructure funding under the Trump ...The Hill - 3d -
Liechtenstein's public radio station ceases broadcasting after funding withdrawn
Tiny Liechtenstein’s public radio broadcaster is to disappear from the airwaves after voters decided to pull state funding and the government was unable to find a way to privatize itABC News - 2d -
Museums' funding slashed by DOGE order. One L.A. museum vows to fight
The National Endowment for the Humanities warned museums across the country that it was slashing funding, including money previously pledged to places such as LACMA and the Japanese American ...Los Angeles Times - 17h -
Trump tariffs threaten Apple's supply chain, stock suffers steepest drop in 5 years
Apple has warned that tariffs could hurt its business, prompt it to increase prices and potentially force it to stop offering certain products altogether.CNBC - 1d -
Radio Free Europe sues over U.S. funding cuts | 60 Minutes
Radio Free Europe, which has been a vital tool in the fight against disinformation and authoritarianism, filed a lawsuit after President Trump moved to cut funding to U.S. government-run broadcasters.CBS News - 4d -
Dozens of free measles vaccine clinics close in Texas as federal funding is cut
As Texas measles outbreak continues, federal funding cuts have forced public health officials in Dallas to cancel dozens of vaccination clinics and lay off 21 workers.NBC News - 3d -
USDA freezes funding for Maine schools over transgender athletes
The U.S. Department of Agriculture (USDA) said Wednesday it had frozen federal funds for some Maine education programs over the state’s refusal to ban transgender students from girls’ and women’s ...The Hill - 2d -
OpenAI funding round could be cut by $10B if for-profit conversion doesn't occur by year-end
OpenAI’s massive private funding round could be slashed by as much as $10 billion if the company doesn’t restructure into a for-profit entity by Dec.NBC News - 4d -
Stocks Tumble as Investors Balk at Tariff Plan
Stocks hadn’t fallen this far this fast since the early days of the coronavirus pandemic. A 9.1 percent drop in the S&P 500 is the steepest weekly decline since March 2020.The New York Times - 6h -
How Trump’s tariffs will hit the UK economy
Exporters from cars to whisky hit, while economists warn of growth impactFinancial Times - 1d -
Federal funding cuts are raising questions about university endowments. Here's what some are worth and how they work
Columbia is one of the richest universities with a $14.8 billion endowment. Still, covering federal funding cuts isn't as simple as smashing a piggy bank.CNBC - 4d -
Supreme Court weighs whether states can cut off Medicaid funding to Planned Parenthood
The Supreme Court will hear arguments in a South Carolina case over whether states can cut off Medicaid funding to Planned ParenthoodABC News - 4d -
Norway urged to scrap ban on $1.8 trillion wealth fund investing in weapons makers
The debate over how Norway's wealth fund should respond to the security landscape comes at a time of higher defense spending and soaring industry profits.CNBC - 3d -
Plaid raises funding at $6 billion valuation, enabling some employees to cash out
Plaid announced a new funding round that values the fintech company at less than half of its peak price tag four years ago.CNBC - 1d