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SBA disaster loan fund running low
Welcome to The Hill's Business & Economy newsletter {beacon} View Online Business & Economy Business & Economy The Big Story SBA disaster loan fund running low Congress is facing more pressure ...Politics - The Hill - October 14 -
SBA Depletes Disaster Loan Funds After Helene and Milton, Biden Says
Federal officials urged people to keep applying for the loans, which they said they would continue to process while awaiting more funding from Congress, which is not set to reconvene until Nov. 12.Top stories - The New York Times - October 15 -
Small Business Administration out of disaster relief funds
The Small Business Administration, a key federal program that provides disaster loans, said it has run out of funds for new emergency loans following hurricanes Helene and Milton.Top stories - CBS News - October 15 -
US unveils sanctions targeting Hezbollah funding
The Biden administration announced new sanctions Wednesday against three individuals and four companies with alleged ties to revenue streams for the Lebanese militant group Hezbollah. A press ...Politics - The Hill - October 16 -
GOP senators push for more FEMA funding
A group of GOP senators announced legislation Wednesday to replenish a critical disaster relief fund as members on both sides have sounded alarm over its finances amid back-to-back hurricanes. The ...Politics - The Hill - October 16 -
Unequal school funding hobbles the American dream
The next administration must act on disparities in education resources and teaching quality that choke social mobilityWorld - Financial Times - October 17 -
Debt rule to change to fund major projects
Government claims the move contrasts with former PM Liz Truss's controversial mini-Budget.Top stories - BBC News - October 18 -
Pension fund use of ETFs surges in Europe
Institutional iShares assets under management have been growing at a compound annual growth rate of nearly 30% in the region, according to BlackRockWorld - Financial Times - October 18 -
The index fund cushion is an equal opportunity booster for stocks
S&P 500 index and ETF money is oblivious to stock valuations of any kind and ignorant to upgrades and downgrades.Business - CNBC - October 20 -
The funding crisis threatening England’s special needs education
Cost of specialist school places is placing huge financial strain on cash-strapped councilsWorld - Financial Times - October 21 -
NHS will not fund new drug to slow Alzheimer’s
A new drug that slows the pace of Alzheimer's disease is too expensive for too little benefit to be used on the NHS, the watchdog says.Top stories - BBC News - October 23 -
Southwest Strikes a Truce With the Activist Hedge Fund Elliott
The airline will appoint six new directors to its board, avoiding a proxy fight with the activist investor Elliott Investment Management, one of its largest shareholders.Business - The New York Times - 5 days ago -
Chancellor sets out new funding for extra NHS appointments
The government says it will invest £1.57bn in new equipment and buildings, in a bid to increase appointments.Top stories - BBC News - Yesterday -
Investor enthusiasm for Budget dims
Taxes rise as chancellor delivers the first Labour budget since 2010Business - Financial Times - 7 hours ago -
Get ready for another mutual fund with a hedge-fund-style strategy. What investors need to know.
Eckhardt Trading Co., founded by longtime managed-futures trader Bill Eckhardt, is branching out into the mutual fund world with a strategy often associated with hedge funds.Business - MarketWatch - October 15 -
Starmer vows to rip up bureaucracy to unleash ‘shock and awe’ of investment
Prime minister targets competition authority and other regulators he believes are stifling global appealBusiness - Financial Times - October 14 -
Op-ed: Here's how to incentivize your kid to start investing for retirement
Incentivizing your child to save is about making saving rewarding and fun. These strategies can help your child develop strong financial habits.Business - CNBC - October 13 -
Reeves signals hike in National Insurance for firms
The chancellor was speaking at the government's International Investment Summit, where deals worth £63bn were hailed.Top stories - BBC News - October 14 -
ServiceNow, Coreweave and others to invest $8.2 billion in UK data centers to fuel AI growth
American enterprise software giant ServiceNow and cloud computing startup CoreWeave plan to invest billions of dollars in their U.K. operations.Business - CNBC - October 14 -
Britain hosts an international investment summit and denies snubbing Elon Musk
Britain’s new Labour Party government is announcing $82 billion in investment in U.K. artificial intelligence, life sciences, infrastructure and technology at a business summitWorld - ABC News - October 14 -
Rachel Reeves gives closing speech at UK investment summit – business live
Chancellor says £60bn of investment has been announced at summit, showing confidence in UK economy. Keir Starmer will promise to slash red tape as he hosts investment summit Who will attend ...World - The Guardian - October 14 -
‘The purpose is social good’: Watford Women draw unique US investment
As well as helping to make the team financially sustainable, new partnership with Sound of Gol aims to tackle inequality. American investment in English football clubs is on the rise – from Arsenal ...World - The Guardian - October 14 -
Elon Musk was not barred from UK investment summit, says cabinet minister
SpaceX owner would be invited in future if he had investment streams the UK could bid for, says Peter Kyle. Elon Musk would be welcome at future UK investment summits if and when he had investment ...World - The Guardian - October 14 -
Insurers embrace climate change investments as catastrophe costs mount
Industry adopts low-carbon goals it once shunned as natural disaster losses exceed $100bn a yearBusiness - Financial Times - October 15 -
UK must show ‘swagger’ to attract spending, investment minister says
Keir Starmer ‘supports’ rather than ‘degrades’ businesses, Poppy Gustafsson tells FTBusiness - Financial Times - October 15 -
Goldman Sachs beats on profit and revenue as stock trading and investment banking boost results
Wall Street trading and investment banking has helped the big banks this quarter, and Goldman Sachs results showed why they are a leader in those areas.Business - CNBC - October 15 -
Should you wait for the price of gold to fall to invest? Experts weigh in
While waiting for the price to fall may work for some, most experts say buying now is best. Here's why.Top stories - CBS News - October 15 -
Biden admin to invest $750 million in N. Carolina chipmaker Wolfspeed
Money will go to the chipmaker's new silicon carbide factory in North Carolina and factory in Marcy, New York.Top stories - CBS News - October 15 -
Charles Schwab is profiting from customers who want professional help with investing
The brokerage said it is seeing increased inflows into its wealth-management offerings.Business - MarketWatch - October 15 -
Beyond to Make Physical Retail Comeback With Investment in The Container Store
Beyond is investing $40 million in The Container Store, providing the struggling retail chain a financial lifeline while returning some Bed Bath & Beyond products back to physical retail locations.Business - The Wall Street Journal - October 15