Latest in House Rescinded Funding
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UK house prices dipped in December, says Halifax
Decline is first for nine months although prices still 3.3% above last yearFinancial Times - 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 -
Trump, White House react to Justin Trudeau's resignation
The development comes a month after Canada's deputy prime minister, Chrystia Freeland, resigned suddenly from Trudeau's cabinet.ABC News - Jan. 6 -
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 - 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 -
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 GadhafiABC 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 -
'Whole life gone' in house fire, family says
Laura, Toby and their two autistic sons now live with grandparents after losing their home in fire before Christmas.BBC News - Jan. 5 -
Trump announces additional senior White House officials
President-elect Trump has announced additional senior White House officials, further filling out his team ahead of his inauguration on Jan. 20. Trump picked Stanley Woodward to join the White ...The Hill - 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 -
Mike Johnson reelected as House speaker in dramatic vote
The new Congress kicked off in dramatic fashion on the House floor after Republican Mike Johnson won a full term as House Speaker after a razor-thin win. Two votes flipped in his favor after they ...CBS News - Jan. 4 -
White House announces Presidential Medal of Freedom recipients
The White House announced the recipients of the Presidential Medal of Freedom, the nation’s highest civilian honor. The 19 honorees include former Secretary of State Hillary Clinton, international ...NBC News - Jan. 4 -
House votes to reelect Mike Johnson as House speaker
Mike Johnson will return as House speaker after narrowly winning reelection with the help of President-elect Trump who made some last-minute calls to help flip a few crucial holdouts. NBC’s Julie ...NBC News - 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 -
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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 -
Biden hosts Medal of Honor ceremony at White House
Watch live as President Joe Biden delivers remarks at a Medal of Honor ceremony for seven U.S. Army veterans of the Korean and Vietnam Wars.NBC News - Jan. 3 -
Mike Johnson reelected as House speaker | Special Report
Louisiana Rep. Mike Johnson has secured enough votes to remain House speaker after a tense round of voting led to three holdouts. Two defectors ended up changing their votes to support Johnson. ...CBS News - Jan. 3 -
Mike Johnson re-elected as House speaker
The House Republicans have voted to re-elect Rep. Mike Johnson, R-La., as House speaker. NBC News' Julie Tsirkin and Garrett Haake report on Capitol Hill on how Johnson worked to flip opposition ...NBC News - Jan. 3 -
House to vote for speaker as new Congress convenes
House Speaker Mike Johnson will try to retain his gavel as lawmakers of the 119th Congress meet for the first time on Friday.CBS News - Jan. 3 -
Will Matt Gaetz Participate in the House Speaker Vote?
The Florida Republican, who resigned his House seat during his short-lived bid for attorney general, has publicly flirted with the idea of showing up in Congress on Friday.The New York Times - Jan. 3 -
House holds vote to elect speaker
Watch live coverage as the House of Representatives holds a vote to elect the next speaker, with current House Speaker Mike Johnson, R-La., aiming for re-election.NBC News - Jan. 3 -
Will House Speaker Mike Johnson retain the gavel?
Members of the House of Representatives are set to vote for the speaker role on Capitol Hill as the current lower-chamber leader, Louisiana Rep. Mike Johnson, awaits his fate. Johnson is still ...CBS News - Jan. 3 -
The House begins voting in hours. Here’s what to know.
The Louisiana Republican was unanimously nominated as his party’s candidate for speaker. But resistance among right-wing lawmakers and his slim majority have thrust his fate into doubt.The New York 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 -
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 -
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 -
Trans rights to be marquee fight for House Republicans
How the GOP is responding to Rep.-elect Sarah McBride, the first openly transgender House member, is a preview of what’s to come.Politico - Jan. 2 -
House prices rose by 4.7% in 2024, says Nationwide
Housing market activity remained "remarkably resilient" despite affordability challenges, the lender says.BBC News - Jan. 2 -
House to vote on rule making it harder to oust speaker
The threshold that allowed a single member to trigger a no-confidence vote to remove the speaker will be increased to nine members.CBS News - Jan. 1