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4 ways to defend your stock portfolio that have helped this fund manager beat the market
If recent stock-market weakness has you on edge, this might be your problem.MarketWatch - Business -
The WSJ Dollar Index Falls 0.2% to 100.14
The WSJ Dollar Index is down 0.2% to 100.14 — down for two of the past three trading daysThe Wall Street Journal - World -
Stubborn Inflation Could Prod Fed to Keep Rates High for Longer
Hopes for substantial cuts in interest rates are fading as inflation shows more staying power than expected.The New York Times - Top stories - Federal Reserve -
The WSJ Dollar Index Rises 0.5% to 100.62
The WSJ Dollar Index is up 0.5% to 100.62 — higher for two of the past three trading days.The Wall Street Journal - World -
Hipgnosis Accepts Improved Concord Offer
Hipgnosis, home to the catalog of artists such as Neil Young, Shakira and Red Hot Chili Peppers, has agreed to an improved $1.5 billion takeover by Concord Chorus, trumping an approach from Blackstone.The Wall Street Journal - World -
Quant hedge funds enjoy bumper start to 2024
Trend-followers profit from bets on rocketing cocoa price and against sinking yenFinancial Times - Business -
Clean-Tech Fund Bets on Growing Demand for Batteries
Volta Energy Technologies raises $131 million in latest funding round, seeking to invest in ways to make energy storage cheaper as well as greener for consumers.The Wall Street Journal - World -
Jupiter to retain £500mn of departing star manager’s fund
Merlin ‘fund of funds’ will keep half of money managed by Ben WhitmoreFinancial Times - Business -
Funds axed for teacher recruitment scheme triggering backlash
Teachers and MPs hit out at decision to defund Now Teach in midst of staffing ‘crisis’Financial Times - World -
Funds axed for teacher recruitment scheme triggering backlash
Teachers and MPs hit out at decision to defund Now Teach in midst of staffing ‘crisis’Financial Times - Business -
U.S. Stocks Trade Lower
Stocks gave up early gains and turned lower. Tesla shares rose, helping the Nasdaq. The tech-heavy index has moved between gains and losses ahead of more big-tech earnings, including Meta due after the close.The Wall Street Journal - World -
The Guardian view on globalisation’s discontent: it’s not right for poor countries to fund the rich | Editorial
Wealthy nations exploit their position as the world’s bankers to siphon off hundreds of billions from the needy. Developing nations have long complained that globalisation has enthroned western currencies in such a way as to subsidise living ...The Guardian - World -
Bears unveil $5 billion plan for lakefront stadium and seek public funding to make it happen
The Chicago Bears unveiled a nearly $5 billion proposal for an enclosed stadium next door to their current home at Soldier Field as part of a major project that would transform the city’s lakefront, and they are asking for public funding to help ...ABC News - Sports -
Mercer Raises $3.9 Billion for Multi-Asset Private Capital Fund
Private Investment Partners VII is designed to provide broad private markets exposure to investors that lack the internal resources to identify the best managers.The Wall Street Journal - World -
Chicago Bears to seek public funding in $5bn plan for new lakefront stadium
Bears unveil $5bn proposal for new domed lakefront stadiumPlan calls for $900m from Illinois Sports Facilities AuthorityThe Chicago Bears unveiled a nearly $5bn proposal Wednesday for an enclosed stadium next door to their current home at Soldier ...The Guardian - World -
Democrats fret it could be curtains for local theaters without federal funds
Professional nonprofit theaters haven’t recovered from the Covid pandemic, with dozens of stages set to shutter. Democrats are introducing legislation that could keep the curtains from closing.NBC News - Top stories -
Democrats fret it could be curtains for local theaters without federal funds
Professional nonprofit theaters haven’t recovered from the Covid pandemic, with dozens of stages set to shutter. Democrats are introducing legislation that could keep the curtains from closing.NBC News - Politics -
House GOP targets nonprofit funding in changes to earmarks process
House Republicans on Thursday announced changes to the annual process in which members apply for funding for community projects back home, after conservatives strongly opposed Democrat-backed earmarks over issues related to abortion and LGBTQ ...The Hill - Politics -
BlackRock-Backed $1.4 Billion Fund Proves There's Cash to Make in Climate Tech
BlackRock's Decarbonization Partners raised its first fund amid growing investor interest in climate tech.Inc. - Business - Climate -
These tips for investing in mutual funds and ETFs can get your portfolio in the swim
Fund managers’ stock tips, market skeptics and how to win with a strong defense.MarketWatch - Business -
NY lawmakers propose conditioning federal funding on monitoring of antisemitism
Two New York lawmakers are proposing legislation that could condition federal funding for universities to stricter monitoring of on-campus antisemitism. Reps. Ritchie Torres (D-N.Y.) and Mike Lawler (R-N.Y.) plan to introduce the College Oversight ...The Hill - Politics -
Stars hit DC red carpet to push for public arts funding
TV and film actors hit Washington, D.C. Friday as part of the Creative Coalition’s push to increase public funding for the arts, citing their crucial role in the development of children and communities. Members of the group’s delegation met with ...The Hill - Politics -
Anger at party funding scandal in Japan threatens to bring down PM Kishida
Despite talk of a Nobel peace prize, Japan’s leader is facing a backlash among voters as key byelection approaches. In the past fortnight Fumio Kishida has been mentioned as a possible recipient of the Nobel peace prize and praised for a speech to ...The Guardian - World - Japan -
Rick Scott calls for Columbia resignations, donors to withhold funds as protests rage
Sen. Rick Scott (R-Fla.) called for donations to stop and for resignations of officials at Columbia University amid protests gaining steam at college campuses around the nation. “If you’re a donor to Columbia University, stop,” Scott said in an ...The Hill - Politics -
Silicon Valley’s General Catalyst closes in on $6bn fund for tech start-ups
Venture capital firm’s success underlines divergence between big names and smaller groups as fundraising slows more broadlyFinancial Times - Business -
Priest Arrested For Using Church Funds On Candy Crush And Other Mobile Games
There have been plenty of church scandals over the decades, but this might be the very first one that involves Candy Crush. Via The Philadelphia Inquirer, Reverend Lawrence Kozak was arrested in Pottstown, Pennsylvania on April 25 and charged with ...GameSpot - Tech -
Magnificent Seven Power Stocks' Rebound
Nasdaq’s gains accelerated Friday while energy stocks edged lower amid earnings reports from Exxon and Chevron.The Wall Street Journal - World -
Heard on the Street's Stock-Picking Contest
Read about our columnists’ favorite and least-favorite stocks and see how they have performed.The Wall Street Journal - World -
Europeans ‘less hard-working’ than Americans, says Norway oil fund boss
Tangen finds US investments more attractive due to weaker regulations and more risk-takingFinancial Times - Business -
Bears request more than $2 billion in public money to fund $4.6 billion stadium project
The numbers for the Bears' proposed stadium project are astounding.Yahoo Sports - Sports -
Speaker Johnson calls on Columbia University president to resign and threatens federal funding for colleges
After a meeting with Columbia University President Minouche Shafik, House Speaker Mike Johnson called on her to resign Wednesday if she can’t tamp down Gaza war protests at the school and threatened federal funding for colleges that don't create ...NBC News - Politics -
Speaker Johnson calls on Columbia University president to resign and threatens federal funding for colleges
After a meeting with Columbia University President Minouche Shafik, House Speaker Mike Johnson called on her to resign Wednesday if she can’t tamp down Gaza war protests at the school and threatened federal funding for colleges that don't create ...NBC News - Top stories -
Biden signs foreign aid bill to provide new funding to Ukraine, Israel and Taiwan
President Biden called it "a good day for world peace" after signing the bill to provide almost $100 billion in foreign aid, most of it for Ukraine and Israel. The legislation also sets the stage for a potential ban of TikTok. NBC News' Peter ...NBC News - Politics - Joe Biden -
How China’s Nuctech earned EU funds before being hit by EU raids
Also in this newsletter: Waiting for Emmanuel Macron’s words of wisdomFinancial Times - World - European Union -
Europeans ‘less hard-working’ than Americans, says Norway oil fund boss
Tangen finds US investments more attractive due to weaker regulations and more risk-takingFinancial Times - Business -
Why you should split your funds between a CD and high-yield savings account now
High-yield savings accounts and CDs both offer unique benefits. Here's why you should use both of them now.CBS News - Top stories -
Battleground state Pennsylvania gets first electric school buses funded by Biden admin
Pennsylvania received its first electric school buses funded by the Biden administration on Thursday, an effort in the critical battleground state that is expected to highlight the president’s climate agenda. First Student, which is the leading ...The Hill - Politics - Joe Biden -
While Biden Touts Chip Plant Funds, Prospective Workers Wait for Production to Start
The long lag time before U.S. factories start making semiconductors leaves workers waiting, and voters wondering when the payoff arrives.Inc. - Business - Joe Biden -
Copper’s record as a stock market and economic predictor is tarnished
‘Dr. Copper’ is practicing without a license.MarketWatch - Business -
Stocks Fall After GDP, Inflation Data
Stocks and government bonds fell sharply after fresh data showed the U.S. economy slowed in the first quarter.The Wall Street Journal - World