Rescinded Funding Memo

Michael Sheen to fund new national theatre for Wales

The actor says he is putting everything behind starting Welsh National Theatre.

BBC News - Jan. 10

These tips for investing in mutual funds and ETFs can guide your money decisions

Don’t miss these top money and investing features.

MarketWatch - Jan. 10

The Memo: Trump-Newsom feud ramps up as Los Angeles fires rage on

The feud between President-elect Trump and California Gov. Gavin Newsom (D) is hitting new peaks of intensity as wildfires rage on in Los Angeles. Trump has called on Newsom to resign, while the ...

The Hill - Jan. 9

Jamie Lee Curtis Offers $1 Million to Fund Wildfire Relief

Actor Jamie Lee Curtis offered the money to aid in battling the Palisades fire.

Inc. - Jan. 9

House Democrats call on ICC to rescind arrest warrants for Israeli leaders

A group of House Democrats is urging the International Criminal Court (ICC) to rescind arrest warrants for Israel’s prime minister and former defense minister as Congress is poised to potentially ...

The Hill - Jan. 9

Microsoft contributes $1 million to Trump's inauguration fund

Microsoft would like President-elect Donald Trump to make sure that U.S. artificial intelligence policy in the next four years will support its goals.

CNBC - Jan. 9

UK charity that raised funds for Israeli soldier given warning

Regulator acts over complaints about fundraising activity as trustees fail to explain how IDF individual spent the donation

Financial Times - Jan. 9

Google and Microsoft donate $1m each to Trump’s inaugural fund

Tech giants follow footsteps of other major companies, including Amazon, Meta, OpenAI and Uber. Google and Microsoft have donated $1m each to Donald Trump ’s inauguration fund, following in ...

The Guardian - Jan. 9

NFL sends teams memo about 'importance of sportsmanship' before start of 2025 playoffs

There has been an uptick in fines for on-field acts this season

CBS Sports - Jan. 9

How Elon Musk seized on baseless memo claim to fuel wave of misinformation

The X owner shared false claims that a Home Office memo urged police not to intervene in child grooming cases.

BBC News - Jan. 9

Germany needs €150bn fund to revamp infrastructure, chairman says

Yahoo News - Jan. 9

The Memo: Trump sparks political fight as Los Angeles wildfires rage

President-elect Trump has sparked a political battle over the wildfires ravaging Los Angeles even as those fires are still far from contained. Any suggestion that the disaster — which has already ...

The Hill - Jan. 8

Anthropic in Talks for $2 Billion Funding Round

The financing efforts follow new funding rounds by Elon Musk’s xAI and the market leader, OpenAI, which is now valued at $157 billion.

The New York Times - Jan. 8

U.S. Funding Dispute With World Anti-Doping Agency Boils Over

After the Biden administration withheld funding to the agency, saying it had lost confidence in its ability to police elite athletes, WADA removed the United States from its board.

The New York Times - Jan. 8

Taxpayer Advocate urges Congress to preserve IRS funding for service, technology

The National Taxpayer Advocate has urged Congress to preserve IRS funding for taxpayer service and technology amid Republican scrutiny.

CNBC - Jan. 8

Active mutual funds struggle to beat large-cap stock benchmarks — again

Professional stock pickers in the mutual-fund industry had a tough time in 2024 beating indexes that passively track U.S. large-cap equities, according to BofA Global Research.

MarketWatch - Jan. 8

AI Startup Anthropic Raising Funds Valuing It at $60 Billion

The Amazon-backed OpenAI rival was valued at $18 billion last year.

The Wall Street Journal - Jan. 7

Johnson says no cuts to Social Security and Medicare to fund Trump's agenda

House Speaker Mike Johnson said cuts to Social Security and Medicare won't be part of the legislative plan being worked out to fund President-elect Donald Trump's agenda.

ABC News - Jan. 7

Anthropic in talks to raise funding at $60 billion valuation

AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.

CNBC - Jan. 7

Hims & Hers donates $1 million to Trump's inauguration fund

OpenAI CEO Sam Altman and Meta both announced $1 million donations, and Amazon and Apple CEO Tim Cook have also reportedly contributed.

CNBC - Jan. 7

The Memo: Echoes of an earlier Jan. 6 reverberate as Trump’s win is certified by Congress

It was routine — and that was the point. Congress certified President-elect Trump’s election victory in a smooth and relatively brief ceremony Monday. The normalcy of the occasion was a ...

The Hill - Jan. 6

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

GOP memo: Congress likely can't slash certain infrastructure law programs for tax cuts

Politico - 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 problem

Financial Times - 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 investors

Financial Times - Jan. 6

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

Memo to Trump: US telecoms is vulnerable to hackers. Please hang up and try again | John Naughton

State-backed cyberspies are exploiting ageing infrastructure to penetrate every corner of the US government, it seems – even its phone-tapping systems. You know the drill. You’re logging into your ...

The Guardian - 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

Baerbock: EU will not fund the Islamization of Syria

Yahoo News - 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

The Memo: New Orleans mass killing gets pulled into partisan political battle

It took less than 48 hours for the mass killing in New Orleans to be pulled into the partisan debates that are roiling the nation. In the process, some of the political rhetoric ran roughshod over ...

The Hill - 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 decisions

Financial Times - Jan. 3

These tips for investing in mutual funds and ETFs can make 2025 a happy new year