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California’s fires are a scorching indictment of misguided governance
California’s government, blinded by ideological priorities and hampered by mismanagement, has failed to fireproof the state, while focusing instead on “Trump-proofing” it. The tragic consequences ...The Hill - 2d -
What are the challenges facing the government's AI action plan?
Sir Keir Starmer has unveiled proposals which he says will make the UK 'one of the great AI superpowers'.BBC News - 2d -
Growing anger over government response to wildfires
There is growing anger and questions over the response to the wildfires. Los Angeles’ Fire Chief even saying budget cuts lead to a lack of resources. NBC News' Ellison Barber reports.NBC News - 3d -
Evening Report — Trump plots governing strategy
👨🏼⚖️Plus: Judge holds Giuliani in contempt {beacon} Evening Report Friday, Jan. 10 © Evan Vucci, Associated Press Trump turns to governing as investigations fizzle PRESIDENT-ELECT TRUMP IS ...The Hill - 4d -
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The Government Wants to Protect Robux From Hackers
In a new proposal issued Friday, the Consumer Financial Protection Bureau is seeking to regulate virtual currencies used in Roblox and other video games like US dollars.Wired - 5d -
Michael Sheen to fund new national theatre for Wales
The actor says he is putting everything behind starting Welsh National Theatre.BBC News - 5d -
Microsoft contributes $1 million to Trump's inauguration fund
Microsoft would like President-elect Donald Trump to make sure that U.S. artificial intelligence policy in the next four years will support its goals.CNBC - 6d -
Demystifying the Department of Government Efficiency
This week we break down the new government committee being led by Elon Musk and Vivek Ramaswamy.Wired - 6d -
Tax lessons for governments from Henry George
The 19th-century political economist understood that the whole of society should benefit from outsized profitsFinancial Times - 6d -
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Chadian government plays down gunshots in capital
According to an unconfirmed report, 19 people were killed in an incident near the presidential palace.BBC News - 6d -
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 - 6d -
U.S. Funding Dispute With World Anti-Doping Agency Boils Over
After the Biden administration withheld funding to the agency, saying it had lost confidence in its ability to police elite athletes, WADA removed the United States from its board.The New York Times - 6d -
Taxpayer Advocate urges Congress to preserve IRS funding for service, technology
The National Taxpayer Advocate has urged Congress to preserve IRS funding for taxpayer service and technology amid Republican scrutiny.CNBC - 6d -
World Anti-Doping Agency faces crisis after US government withholds funding
US Anti Doping Agency says move ‘protects athletes’ Wada retaliates by barring US from key committees The World Anti-Doping Agency (Wada) is facing a crisis after the US government defaulted on ...The Guardian - Jan. 8 -
A Far-Right Government in Austria Would Be a Jolt, but Not Unexpected
The Freedom Party and its leader, Herbert Kickl, have steadily built support by demonizing immigrants, while entering Austria’s political mainstream.The New York Times - Jan. 8 -
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 - Jan. 8 -
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 - Jan. 7 -
US imposes sanctions on senior Hungarian government minister
US treasury accuses Antal Rogán, a close aide of leader Viktor Orbán, as key to ‘system of corruption’. The United States has imposed sanctions on a senior member of the Hungarian government for ...The Guardian - Jan. 7 -
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 - Jan. 7 -
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 - Jan. 7 -
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 - Jan. 7 -
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 - Jan. 6 -
Far Right Gets Chance to Form Government in Austria
The Freedom Party was tasked with trying to form the nation’s first far-right-led government since World War II, adding to the trend of anti-immigrant and populist parties gaining ground across ...The Wall Street Journal - Jan. 6 -
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 - Jan. 6 -
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 problemFinancial Times - Jan. 6 -
Private equity to lobby Trump for access to savers’ retirement funds
Industry hopes incoming administration will open long-restricted private investments to individual investorsFinancial Times - Jan. 6 -
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Syria’s International Airport to Reopen as Government Presses for Stability
Tensions are high on Syria’s border with Lebanon. The ouster of President Bashar al-Assad led to worry that violence could spill over into neighboring countries.The New York Times - Jan. 4 -
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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 -
Don’t bet against the Department of Government Efficiency on deregulation
DOGE, the new Department of Government Efficiency, is being criticized by insiders for its lack of regulatory expertise, but supporters argue that it can succeed by empowering agency insiders to ...The Hill - Jan. 3 -
A(nother) Government Plan for Social Care
Health and Social Care Secretary promises to "grasp the nettle on social care reform”BBC News - 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 decisionsFinancial Times - Jan. 3 -
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 industryFinancial Times - Jan. 2 -
US investors in China venture funds race to comply with new tech rules
Financial institutions rush to secure assurances their money is not being used to develop Chinese technologyFinancial Times - Jan. 1
