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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 - 5d

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 - 5d

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 - 5d

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 - 5d

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 - 5d

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 - 6d

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 - 6d

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 - 6d

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 - 6d

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 - 6d

Paw things: how to help your anxious dog

The pandemic unleashed an epidemic of anxiety in dogs. The experts advise patience, positive training and tasty treats. But will it work for John-Paul Flintoff’s pet?. When children get scared, we ...

The Guardian - Jan. 5

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

FBI finds bombmaking supplies at New Orleans truck attacker's home

The FBI has uncovered more chilling evidence about the attack on Bourbon Street in New Orleans. Investigators said they found bombmaking supplies inside his Houston home and an apartment he rented ...

CBS News - Jan. 4

US housing supply reaches highest total since 2019: Redfin

Per Redfin, active listings have been rising 0.5% month over month and 12.1% year over year on a seasonally adjusted basis.

The Hill - 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

Baerbock: EU will not fund the Islamization of Syria

Yahoo News - Jan. 4

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

Argentina Man Arrested After Being Charged with Supplying Drugs to Liam Payne Before Singer's Shocking Death

Yahoo News - Jan. 3

Argentina police arrest man for supplying drugs to Liam Payne

Braian Paiz is one of five people who has been charged in "One Direction" singer Liam Payne's death.

CBS News - Jan. 3

Shunned and shamed, Pakistan’s trans community finally gets help for TB

Often forced into sex work, trans people are at higher risk of tuberculosis but face abuse when they seek treatment. Now screening and outreach work are helping tackle the disease. Two years ago, ...

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 decisions

Financial Times - Jan. 3

Help! Ryanair Won’t Send Flight Compensation to a U.S. Bank Account

After being grounded for 12 hours in Berlin, a mother and daughter were owed both compensation and a rebooked flight. All they got were nonsensical responses from customer service.

The New York Times - 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

Mike Johnson fights to retain the speaker's gavel — with help from Donald Trump

The House will vote at noon Friday to select a speaker. Mike Johnson has Donald Trump's endorsement, but just a handful of GOP defections could be enough to stop him.

NBC News - Jan. 2

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 industry

Financial Times - Jan. 2

Wholesale gas price hits highest level in 14 months after Russian supplies stop

Transit agreement with Ukraine expires as storage supply levels in Europe fall at fastest rate since 2021. Business live – latest updates The wholesale price of gas has risen to its highest ...

The Guardian - Jan. 2

How to help UK farming waste less food

We don’t normally take lessons from the US on food but there is a lot to learn from America’s tax policies

Financial Times - Jan. 2

Pigs in blankets and fizz help boost Lidl Christmas sales

The supermarket chain said it achieved its best Christmas on record in 2024, although growth has slowed.

BBC News - Jan. 2

How an FBI Sting Stopped a Russian Smuggler but Not His Hong Kong Supply Route

The case showed how difficult it is to stanch the flow of equipment to Russia through China, which the U.S. accuses of helping Moscow sustain the military production it needs to continue the war.

The Wall Street Journal - Jan. 2

Ukraine halts supply of Russian gas to Europe

Ukraine ends agreement to allow gas to flow through its pipelines, with European supplies set to be tested as cold weather forecast later this week. Ukraine has halted Russian gas supplies to ...

The Guardian - Jan. 1

Clement has to win hearts and minds at Rangers. Beating Celtic would help

Manager is yet to win an Old Firm match and success would help him to show he is making some progress. Philippe Clement can only hope the law of averages is due to swing in his favour. If not, the ...