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Government commission proposes Manhattan Project-style AI funding plan
A U.S. congressional commission proposed a "Manhattan Project-like" initiative for the funding of artificial intelligence (AI) development in a larger push to stay ahead of China's technological ...Politics - The Hill - November 19 -
Hedge funds have already started bailing out of ‘Trump trades’
Hedge funds switched to become net sellers of financial and industrial stocks having previously piled into the two sectors in the immediate wake of the U.S. elections, new analysis by Morgan ...Business - MarketWatch - November 20 -
Wrangling over whether to punt government funding to Trump heats up
The debate among Republicans over whether to punt government funding into the new year is heating up, as lawmakers race toward their next shutdown deadline. Speaker Mike Johnson (R-La.) this week ...Politics - The Hill - November 20 -
Hedge funds are piling into the nuclear sector, Goldman Sachs’ analysis shows
Hedge funds are picking up stocks in nuclear power producers in seeking to capitalize on the artificial intelligence boom, new analysis from Goldman Sachs showsBusiness - MarketWatch - November 20 -
Elon Musk's xAI Startup Is Valued at $50 Billion in New Funding Round
The artificial-intelligence company has told investors it raised $5 billion in its latest funding round.Tech - The Wall Street Journal - November 20 -
Chinese managers limited flows to US funds after Trump victory
ChinaAMC and Tianhong restricted subscriptions on expectations of increased investor interestWorld - Financial Times - November 21 -
Beware of the ‘Ponzi funds’ that are hiding in plain sight, says strategist
The rise of thematic funds leads to Ponzi-like situations, say researchers.Business - MarketWatch - November 21 -
Pope warns the Vatican pension fund needs reform; employees demand transparency
Pope Francis is warning that the Vatican's troubled pension fund faces a “serious imbalance” and cannot guarantee future obligations without “urgent structural” reformsWorld - ABC News - November 21 -
Container Store Doesn't See Funding Deal With Beyond Closing
The $40 million deal represented a financial lifeline for the company that has experienced dwindling sales and quarterly losses.Business - The Wall Street Journal - November 21 -
NI Water funding model fit for purpose, says minister
In March, an audit report said there should be a comprehensive expert review of how NI Water was funded and governed.Top stories - BBC News - November 22 -
Giannis Antetokounmpo launches venture capital fund for investments in sports and entertainment
Giannis Antetokounmpo is looking for some assists off the court, aiding with investments in early stage startup companiesSports - ABC News - November 21 -
Leveraged hedge funds magnified August market sell-off, Fed says
US central bank report pins blame for trading volatility partly on investors that had taken on too much debtWorld - Financial Times - November 22 -
Donald Trump chooses hedge fund executive Scott Bessent for Treasury secretary
The founder of Key Square Group was deemed a strong favorite to lead the Treasury Department, along with several other contenders.Business - CNBC - November 23 -
Trump picks hedge-fund investor Scott Bessent for treasury secretary
Job is one of most powerful in Washington with huge influence over US economy and financial markets. Trump’s administration and White House staffing picks and likely contenders – so far ...World - The Guardian - November 23 -
Trump picks hedge fund manager Scott Bessent to serve as treasury secretary
President-elect Donald Trump on Friday announced he had asked Scott Bessent, a hedge fund executive and top fundraiser to his campaign, to serve as secretary of the Treasury Department.Top stories - NBC News - November 23 -
Trump picks hedge fund exec Scott Bessent as treasury secretary
President-elect Trump announced a barrage of new picks for key roles in his administration, including hedge fund manager Scott Bessent to be his treasury secretary. NBC’s Aaron Gilchrist reports ...Politics - NBC News - November 23 -
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Arkansas couple uses wedding fund to save dog's life
Dylan McCay and his fiancée Emily Roberts emptied their wedding savings to save a dog's life after finding her severely injured. Their generosity sparked a fundraising campaign that raised $45,000. ...Top stories - CBS News - 5 days ago -
Regulator Sues Anti-Police Activist Who Spent Charity Funds on Himself
Brandon Anderson, who used his nonprofit’s accounts to rent mansions and buy luxury clothes, was featured in a New York Times story in August.Top stories - The New York Times - 5 days ago -
Trump's 'border tsar' vows to cut funding to 'sanctuary' states
Several states plan to oppose Trump's plans to deport millions of undocumented migrants from the US.Top stories - BBC News - 5 days ago -
Homan: 'I guarantee' funds will be cut from states not cooperating on deportation
President-elect Trump’s pick for “border czar,” Tom Homan, on Sunday threatened funding for states that refuse to cooperate in the federal government's deportation plans. Fox News’s Mark Levin, in ...Politics - The Hill - 4 days ago -
Biden administration finalizes nearly $8B in CHIPS funding for Intel
Intel will receive about $7.86 billion in funding from the CHIPS and Science Act to build new semiconductor manufacturing facilities across four states under its finalized agreement with the Biden ...Politics - The Hill - 3 days ago -
England’s top judge hits out at government’s refusal to boost court funding
Sue Carr says preventing full operating capacity at crown courts has had a ‘drastic effect’ in worsening backlogsWorld - Financial Times - 3 days ago -
Existing law requires US to cut funding if UN rejects Israel’s credentials
U.S. law requires the U.S. to suspend its participation in any UN organ or agency if Israel is illegally expelled, suspended, denied its credentials, or in any other manner denied its right to ...Politics - The Hill - 3 days ago -
Scott Bessent’s fund made biggest returns with bet against Fed
Donald Trump’s Treasury secretary pick shorted vulnerable assets in 2022 to capitalise on post-pandemic inflationBusiness - Financial Times - 3 days ago -
Why exchange-traded funds are a 'growth engine' of active management
Actively managed exchange-traded funds have captured investor money in recent years while active mutual funds have shed net assets.Business - CNBC - 2 days ago -
Hong Kong plans crypto tax break for hedge funds and billionaire families
Chinese territory is competing with Singapore and Switzerland to become top offshore finance hubBusiness - Financial Times - 2 days ago -
Labour’s hedge fund donors took low-tax option of £160mn loans
Quadrature Capital partners may face lower bill from arrangement compared with dividends, say expertsWorld - Financial Times - 2 days ago -
UK property worth £6bn bought using suspicious funds
Most deals channelled through companies registered in British Virgin IslandsWorld - Financial Times - 2 days ago -
London funding shortfall puts 2,700 Met Police jobs at risk
Britain’s largest force plans for major cuts to staff and services if budget negotiations failWorld - Financial Times - Yesterday -
It’s (almost) 2025: When will the US finally fund a child care system that values women?
Let’s invest in early care and education for all children and stop asking women to sacrifice their bodies, their well-being, and their financial security to prop up the U.S. economy.Politics - The Hill - November 3
