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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 -
Austrian far-right leader meets president, likely to be asked to form government
Austrian Freedom Party leader Herbert Kickl is meeting the country’s president as expectations mount that he will be tasked with trying to form a new government, which would be the first led by the ...ABC News - 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 livelihoodsABC 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 investorsFinancial 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 -
From Trump tariffs to AI: the big economic questions facing governments in 2025
The main issues confronting policymakers around the world seem particularly portentous this new year. January is always a time for new beginnings and fresh thinking. But with Donald Trump heading ...The Guardian - Jan. 5 -
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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 -
Austrian Chancellor says he will resign after new government talks fail
Austrian Chancellor Karl Nehammer said Saturday he will resign in the coming days.CBS News - Jan. 4 -
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Syria's New Islamic Government Creates Controversy With Education Overhaul
Documents released this week by the new government in Syria spur concerns about whether it will seek to impose a conservative Islamic worldview.The Wall Street Journal - Jan. 4 -
U.S. Government to Award $306 Million for Bird Flu Monitoring
The Centers for Disease Control and Prevention has confirmed 61 human bird flu cases in the U.S. since April.Inc. - Jan. 3 -
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 -
TikTok and Government Clash in Last Round of Supreme Court Briefs
The briefs, filed a week before oral arguments, offered sharply differing accounts of China’s influence over the site and the role of the First Amendment.The New York Times - Jan. 3 -
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 -
Tulip Siddiq was given London flat by developer with links to ousted Bangladeshi government
UK City minister still owns King’s Cross property she was handed in 2004Financial Times - Jan. 3 -
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Streeting denies government is delaying tackling UK social care crisis
Veteran Whitehall troubleshooter Louise Casey to lead review into one of the country’s most intractable political problemsFinancial Times - 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 -
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 industryFinancial 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 ...The Guardian - Jan. 2 -
Big Rockets, a Big Telescope and Big Changes in Space Await in 2025
Here are some key events to look forward to in space and astronomy in the year ahead.The New York Times - Jan. 1 -
German government condemns New Year's Eve violence after hundreds of arrests
The German government has condemned incidents on New Year’s Eve in which police officers and firefighters were attacked and injured, mostly with fireworksABC News - Jan. 1 -
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