Government Funding Await

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

Bears coaching search rumors: Chicago requests permission to interview Mike McCarthy, awaits Cowboys response

McCarthy's contract with Dallas doesn't expire until next week

CBS Sports - 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 problem

Financial Times - Jan. 6

TikTok creators left in limbo while awaiting decision on potential platform ban

The fate of TikTok is keeping creators and small business owners in anxious limbo as they await a decision from the Supreme Court that could upheld their livelihoods

ABC News - 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 investors

Financial Times - Jan. 6

Bengals await fate, say others hope they're out

The Bengals did their part to stay in playoff contention with Saturday's 19-17 win over the Steelers, and coach Zac Taylor said he knows other teams are "not going to want us in this tournament."

ESPN - Jan. 5

Germany's pro-business FDP want to govern with conservatives

Yahoo News - Jan. 5

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

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

Awaiting Sentencing, Menendez Pleads for Leniency and Blames His Wife

As they did during his trial, lawyers for the former senator argued in a court filing that he had been led astray by his wife, Nadine Menendez.

The New York Times - Jan. 3

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

European Ministers Visit Syria to Strengthen Ties With New Government

Top diplomats from Germany and France went to Damascus on behalf of the European Union. It’s the first such trip in years, part of a flurry of Western outreach.

The New York Times - 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 decisions

Financial Times - Jan. 3

Venezuela's government offers $100K reward for whereabouts of opposition's presidential candidate

Venezuela’s government has announced a $100,000 reward for information on the whereabouts of Edmundo González, the opposition candidate who claims to have defeated President Nicolás Maduro in last ...

ABC News - Jan. 2

Lawmakers react to terrorist attack, Johnson awaits House speaker vote

Lawmakers are reacting to the terrorist attack in New Orleans that killed at least 14 people and injured dozens. This comes as the House prepares to vote for a new speaker and as a new Congress ...

CBS 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

Ron Johnson: Reducing 'out of control' government spending is not only 'reasonable but doable'

Sen. Ron Johnson (R-Wis.) doubled down on a conservative plan to reduce government spending with new proposals outlined in an op-ed published by The Wall Street Journal. “Federal spending is out of ...

The Hill - 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

How a German Proverb Explains a Golf Star’s Long-Awaited Breakthrough

From the onset of Xander Schauffele’s relationship with golf, motivational allegories and philosophical adages were fed into his psyche.

The New York Times - Jan. 2

New Syrian government's school curriculum changes spark concern

The curriculum will take on a more Islamic slant, with evolution and Big Bang theory dropped from science.

BBC News - Jan. 2

British factories suffer winter chill as government ‘dampens confidence’ – business live

Live, rolling coverage of business, economics and financial markets as 2025 starts with trepidation over new US administration’s trade policies, and global manufacturing sector struggles. Nine out ...

The Guardian - Jan. 2

Chinese government hackers targeted US Treasury office that administers sanctions – report

Treasury disclosed hack earlier this week, with Washington Post reporting targets were Office of Foreign Assets Control and Office of Financial Research. Chinese government hackers breached the US ...