Latest in Hedge Funds Hit
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Judge Extends Block to Huge Cuts in National Institutes of Health Research Funding
Healthcare organizations and 22 states have sued to stop the cuts. The case is expected to reach the Supreme Court.Inc. - Feb. 21 -
VC backed by Cambridge university launches £100mn start-up fund
Cambridge Innovation Capital’s fund counts Aviva Investors and an arm of British Business Bank as backersFinancial Times - 6d -
Singapore fund managers face lengthy licence wait amid surge in applications
Demand partly driven by Chinese quants expanding abroad after crackdown at homeFinancial Times - 6d -
Trump halts medical research funding in apparent violation of judge’s order
Health department orders NIH to hold Federal Register submissions – critical step in process for funding studies. The Trump administration has blocked a crucial step in the National Institutes of ...The Guardian - 5d -
NIH funding cuts imperil lifesaving drugs and US prosperity
Capping indirect funding will decimate biomedical research, which has been the engine of the U.S. economy and the envy of the world.The Hill - 5d -
Startup founders are turning to 'seed-strapping' in a difficult funding environment
Seed-strapping is the "Goldilocks version" of bootstrapping and venture capital, Josh Payne of OpenSky Ventures tells CNBC.CNBC - 5d -
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Former Jupiter star Ben Whitmore launches first fund at new venture
Brickwood’s UK Value Fund will focus on underpriced UK companiesFinancial Times - 5d -
As federal funding dries up, states turn to opioid settlement money
Uncertainty over funding for federal safety net programs may lead some state officials to turn to opioid settlement dollars to make up the difference.CBS News - 4d -
Most conservation funds go to large vertebrates at expense of ‘neglected’ species
Study shows funding bias towards animals like rhino while other endangered species including amphibians and algae disregarded. Most global conservation funds go to larger, charismatic animals, ...The Guardian - 4d -
Anthropic closes in on $3.5 billion funding round as investor interest soars
AI startup Anthropic is in talks to raise a new round of capital that would roughly triple its valuation to $61.5 billion, CNBC has confirmed.CNBC - 4d -
New Tips ETF aims to solve the funds’ Achilles heel
In 2022, Bloomberg’s total return Tips index lost almost 12%, even though US inflation hit 6.45%Financial Times - 3d -
4 reasons why a US sovereign wealth fund is a bad idea
President Trump has issued an executive order to develop a plan for the establishment of a sovereign wealth fund, but this idea is not feasible as the federal government has no excess wealth and ...The Hill - 3d -
Serbia's police raid civil society groups over USAID funding
Serbia’s police raided the offices of at least four civil society organizations as part of a probe into allegations of abuse of U.S. Agency for International Development funds in the Balkan countryABC News - 3d -
German parliament in race against time to sign off on new defence fund
Friedrich Merz, expected to be next chancellor, has spoken of urgent need for ramped-up defence, but ‘blocking minority’ could form in future Bundestag. Germany’s outgoing parliament could be asked ...The Guardian - 3d -
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Newsom threatens to pull funds unless California cities crack down on homelessness
‘We’re not going to fund failure,’ says governor, who warned local authorities they could lose out on millions of dollars. California ’s governor warned cities and counties that they could lose ...The Guardian - 3d -
Republican budget blueprint to fund Trump’s agenda narrowly passes House
Vote passes 217-215 in win for president as Democrats assail proposal over planned cuts to social safety-net programs. Republicans unified behind a budget blueprint on Tuesday evening, just barely ...The Guardian - 3d -
Nauru sells citizenship to help fund relocations as sea levels rise
A new ‘golden passport’ scheme aims to raise funds to relocate people inland as climate change raises sea levels. The Pacific island nation of Nauru is selling citizenship to fund its retreat from ...The Guardian - 3d -
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Trump plan to freeze funding stymies Biden-era energy rebates for consumers
Some states have paused their Home Energy Rebate programs, created by the Inflation Reduction Act, amid a federal funding freeze.CNBC - 2d -
Trump administration has hours to unfreeze foreign assistance funding
The Trump administration has until midnight Wednesday to restore funding for foreign assistance programs. A federal judge on Tuesday rejected a last-minute attempt by the administration to keep the ...CBS News - 2d -
Hungarian film-makers struggle for funding despite production boom
While country draws international talent, domestic movies are more likely to get made if they align with Orbán politics. The office of Proton Cinema lies on the ground floor of a modernist house in ...The Guardian - 1d -
DOGE says it's now saved $65B in federal funds, but that's still impossible to verify
DOGE has updated its website to say it's slashed $65 billion in federal funding -- but they only provide records for $9.6 billion in savings from contract terminations.ABC News - 1d -
How Nvidia's earnings news may impact your retirement fund
AI chip designer Nvidia's latest earnings announcement smashed expectations and it may reflect on your 401(k) retirement plans. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - 1d -
Trump administration ends funding for UN program fighting HIV/Aids
Peter Marocco sends letter to UNAids terminating US involvement in serious blow to live-saving health service. US politics live – latest updates The Trump administration has terminated its ...The Guardian - 1d -
GOP is considering cuts to Medicaid funding. Here's who could be impacted
The House GOP is considering significant cuts to Medicaid, potentially slashing billions. Health policy experts say Medicaid provides vital services to many AmericansABC News - 1d -
UK National Wealth Fund boosts support for energy efficiency in social housing
Rebranded UK Infrastructure Bank will guarantee loans from insurer RothesayFinancial Times - 1d -
These tips for investing in mutual funds and ETFs put you in the driver’s seat
Plus: What Warren Buffett really thinks about the stock market, and a potential successor to the “Magnificent Seven” stocks.MarketWatch - 17h -
Trump on 'clean' stopgap funding measure: 'Let's get it done!'
President Trump on Thursday threw his support behind advancing a "clean" stopgap funding measure, urging Congress to move his legislative agenda forward with a continuing resolution. "As usual, ...The Hill - 17h -
This fund manager sees tailwinds for banks despite unexpectedly slow start to the year
Cheryl Pate of Angel Oak Capital Advisors remains optimistic but says more favorable conditions for banks may take longer to materializeMarketWatch - 11h -
The Odds of a City-Killing Asteroid Hitting Earth Keep Rising
The likelihood of 2024 YR4 colliding with the our planet in 2032 have ticked up to over 3 percent. Is it time to start worrying?Wired - Feb. 20 -
Cry me a banner: Vini hits back at City fans
Vinícius Júnior had the last laugh in his fued with Man City fans with a pointed post on X after Real Madrid knocked City out of the Champions League.ESPN - Feb. 21 -
Game Developers Fear Anti-Trans Measures Could Hit Their Industry Next
As companies like Meta, Google, and Amazon follow President Trump’s moves to roll back diversity initiatives, trans and genderqueer devs worry their already struggling industry could follow suit.Wired - Feb. 21 -
Home sales drop sharply as prices hit an all-time high for January
The median price of a home sold in January was $396,900, up 4.8% from the year before and the highest price ever for the month of January.CNBC - Feb. 21 -
Mark Kelly, brother hit back at Musk's attack on astronaut
Sen. Mark Kelly (D-Ariz.) and his brother, Scott Kelly, both retired astronauts, on Friday called out tech billionaire Elon Musk over his attacks on an astronaut on his social platform X. "Hey ...The Hill - Feb. 21 -
Layoffs hit FAA employees tasked with producing air traffic navigation maps
Terminated probationary employees at the FAA include some who work on the team responsible for producing air traffic navigation maps, sources told ABC News.ABC News - Feb. 21 -
Students stage ‘Dark Indonesia’ protests as Prabowo’s cuts hit education
Young adults say lack of jobs is driving them overseas as president prioritises free school meals programmeFinancial Times - Feb. 22 -
Why the chance that an asteroid might hit Earth in 2032 keeps changing
An asteroid has a slight chance of hitting Earth in 2032. Here's why the odds are a moving target, according to the astronomer who invented the scale used to measure such risks.NBC News - 6d