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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 -
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 -
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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 -
Liverpool offer Alexander-Arnold £78m deal - Sunday's gossip
Liverpool offer Trent Alexander-Arnold a £78m contract, Paris St-Germain want Aston Villa's Jhon Duran, Napoli are negotiating a loan move for Federico Chiesa, plus more.BBC 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 -
Heat suspend Butler, will listen to trade offers
The Heat suspended Jimmy Butler for seven games for "conduct detrimental to the team" and said they would listen to trade offers.ESPN - 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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Jimmy Butler trade request: Heat suspend star forward for seven games, will listen to offers
Butler appears to have gotten his way as Miami will look to deal himCBS Sports - Jan. 4 -
Heat suspend Jimmy Butler 7 games after contentious news conference, say they will listen to trade offers
The Jimmy Butler situation isn't getting much better in Miami.Yahoo Sports - Jan. 4 -
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 -
Major airlines offer storm waivers to passengers ahead of winter storm
American, JetBlue, Southwest and United are offering passengers waivers to reschedule flights ahead of Winter Storm Blair.CBS News - Jan. 3 -
Apple offers rare iPhone discounts in China as foreign smartphone sales drop
Apple Inc. has kicked off the new year with iPhone discounts in China, underlining the challenges facing the tech giant in one of the world’s most populous countries.MarketWatch - Jan. 3 -
Trump response to recent attacks offers ominous outlook for terror in next term
President-elect says ‘USA is breaking down’ in bleak post seeming to wrongly pin two violent attacks on immigration. Even by Donald Trump ’s standards, the message was darkly apocalyptic – evoking ...The Guardian - Jan. 3 -
U.S. Steel stock tumbles to almost half of what Nippon Steel offered after Biden rejection
Investors were betting on a grim future for U.S. Steel after President Joe Biden used his legal authority to block the acquisition by Nippon Steel of Japan on Friday.MarketWatch - Jan. 3 -
Jimmy Butler trade destinations: Warriors, Rockets among teams that could offer Miami an intriguing package
Butler has officially requested a trade from the Heat, according to a recent reportCBS Sports - Jan. 3 -
Apple offers holiday discount in China as Huawei competition heats up
Apple is facing heightened competition from a resurgent Huawei and other domestic brands.CNBC - Jan. 3 -
Shops offered grottos and wine to combat 'drab' December
Small businesses are offering incentives to entice customers as consumer confidence remains low.BBC News - 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 -
Trinidad and Tobago’s streets are a bloodbath. Yet all our politicians offer are platitudes | Kenneth Mohammed
A state of emergency has been declared amid unprecedented gun violence, but no one in our stagnating government is taking responsibility. Just before the new year, Trinidad and Tobago’s government ...The Guardian - Jan. 3 -
Venezuela offers reward for candidate's arrest
The reward has been put forward for information leading to the arrest of Edmundo González.BBC News - 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 -
‘They spread magic’: New Zealand’s ‘trail angels’ offer weary hikers food, showers and hope
A network of locals ready to provide a bed, a lift, or a box of chocolates to tired walkers along the Te Araroa trail has become a lifeline. American hiker Donna Barkley was weeks into walking New ...The Guardian - Jan. 3 -
F.B.I. Offers New Details on Jan. 6 Pipe Bomb Suspect, Seeking Tips
Four years later, the largest lingering mystery of the Capitol riot remains unsolved.The New York Times - Jan. 2 -
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 -
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 -
3 safety features home equity loans offer borrowers now
These three unique features make home equity loan borrowing especially secure right now.CBS News - 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 -
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New York Employers Must Now Offer Paid Medical Leave During Pregnancy
All private companies in the state must now grant at least 20 hours of paid leave to employees to attend prenatal medical appointments under a law that went into effect Jan. 1.Inc. - Jan. 2 -
Bryce James commits to Arizona: LeBron James' youngest son had offers from Ohio State and Duquesne
Bryce James is a three-star shooting guard in the 2025 class at California's Sierra CanyonCBS Sports - Jan. 1 -
$1.9 million reward offered after "brazen" heist of jewelry
Some of the property reportedly belongs to art collector Shafira Huang, said to be a multi-millionaire Instagram influencer.CBS 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