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Maine sues USDA over funding freeze
Maine Attorney General Aaron Frey (D) sued the U.S. Department of Agriculture (USDA) Monday over the agency’s recent decision to withhold federal funds from the state over its refusal to comply ...The Hill - 2d -
Millions in federal funding for Cornell, Northwestern frozen
Millions of dollars in federal funding to Cornell University and Northwestern University have been frozen, the latest colleges to be targeted by the Trump administration. Around $790 million has ...The Hill - 1d -
UCF’s Scott Frost and family donates $500,000 to rev-share fund
UCF football coach Scott Frost and his family are donating $500,000 to the athletic department’s Competitive Success Fund, the school announced on Tuesday. The fund was established to help the ...Yahoo Sports - 2d -
DOGE Is Planning a Hackathon at the IRS. It Wants Easier Access to Taxpayer Data
DOGE operatives have repeatedly referred to the software company Palantir as a possible partner in creating a “mega API” at the IRS, sources tell WIRED.Wired - 5d -
IRS will share taxpayer data with DHS about immigrants illegally in US
The IRS and DHS have reached a data-sharing agreement to support the Trump administration's immigration enforcement agenda, according to a court filing Monday night.ABC News - 2d -
IRS to share info with ICE about some undocumented immigrant taxpayers
The Department of Homeland Security has sought to use tax filing information to find people in the U.S. without legal status in support of President Donald Trump’s mass deportation operation.NBC News - 1d -
UK taxpayers warned to be diligent over savings interest or face fines
Advisers urge savers to ensure they are not caught out by rate rises as data problems prevent HMRC notificationsFinancial Times - 1d -
Billionaire fund managers clash over Trump tariff strategy
Two high-profile hedge-fund managers employed colorful language as they debated the finer points of the tariff strategy of President Donald Trump.MarketWatch - 4h -
Criminal task force to investigate potential misuse of homeless funds in California
U.S. Attorney Bill Essayli has launched a task force to investigate potential fraud, waste, abuse and corruption involving funds meant to address homelessness in Southern California.The Hill - 1d -
Trump administration halts $1B in federal funding for Cornell, $790M for Northwestern
More than $1 billion in federal funding for Cornell and around $790 million for Northwestern have been frozen as the government investigates alleged civil rights violations at both universitiesABC News - 1d -
Why Senior VC Partners Are Leaving Big Firms for Smaller Funds
With large venture capital firms operating more like asset managers, increasing numbers of senior partners are leaving to join smaller, more nimble funds—or start their own.Inc. - 1d -
Trump administration to pull federal funds for Maine prisons over trans inmate
The Trump administration is pulling funding from the Maine Department of Corrections over a transgender woman who is being housed in a women’s prison, U.S. Attorney General Pam Bondi said in an ...NBC News - 23h -
Democratic-led cities and states push back on threats to cut US school funding over DEI
Some Democratic-led states and cities are pushing back on a Trump administration threat to cut education funding over DEI program.NBC News - 2d -
This fund manager isn’t big on ‘Mag 7’ tech stocks. But he likes these ‘Mag 2.’
T. Rowe Price manager David Giroux runs a ‘go-anywhere’ contrarian fund. Here’s what he likes now.MarketWatch - 2h -
Funding for National Climate Assessment Is Cut
The move raises concerns among scientists that the assessment, which is required by Congress, is now in jeopardy.The New York Times - 1h -
White House ends funding for key US climate body: ‘No coming back from this’
Nasa cuts contract that convened USGCRP, which released assessments impacting environmental decision-making. The White House is ending funding for the body that produces the federal government’s ...The Guardian - 23h -
Last chance to claim $1,400 stimulus check from 2021 draws near
Taxpayers who haven’t filed their 2021 tax returns may still be eligible to receive one (or more) stimulus payments sent during the height of the pandemic.The Hill - 2d -
Bondi: Justice Department cut funding for Maine corrections department over transgender inmate
The Justice Department revoked funding for the Maine Department of Corrections over the state’s placement of a transgender woman in a women’s prison, Attorney General Pam Bondi said Tuesday. Bondi ...The Hill - 1d -
Trump admin pulling nearly $4 million in funding from Princeton over climate-related programs
The Trump administration said Tuesday it would pull funding from Princeton University over climate-related programs that go “against” the National Oceanic and Atmospheric Administration’s (NOAA) ...The Hill - 1d -
Sudan tells top UN court that UAE is breaching genocide convention by funding rebels
Sudan has told the United Nations’ top court that the United Arab Emirates is breaching the genocide convention by arming and funding the rebel paramilitary group Rapid Support ForcesABC News - 8h -
Hedge funds hit with steep margin calls
Plus, Fink warns on protectionism, US junk bonds sell-off, and the Dolce Vita Orient ExpressFinancial Times - 3d -
Remember when Republicans were tax cutters? No more.
President Trump has imposed the largest tax increase since 1982 through his tariffs, which will cost U.S. taxpayers $258.4 billion this year alone and $2.9 trillion over a decade, damaging the ...The Hill - 2d -
Brown University to see federal funding halted by Trump administration
A White House official says the Trump administration is planning to halt more than half a billion dollars in contracts and grants awarded to Brown UniversityABC News - 6d -
Judge rules Trump administration must fully fund NIH research grants
ByteDance, the Chinese-based company that owns TikTok, is facing a Saturday deadline to either sell the popular social media app to a non-Chinese company or risk being banned in the U.S.NBC News - 6d -
UK to dilute rules for smaller private equity firms and hedge funds
Government proposes lighter regulatory regime in push to encourage investmentFinancial Times - 3d -
Trump Is Threatening School Funding. Here’s What Families Should Know.
The impact of the upheaval could vary greatly across the country. New York, for example, is not feeling significant effects so far, but district leaders are watching closely.The New York Times - 3d -
Rosa Parks Taught Arian Simone, the Founder of Fearless Fund, This Key Lesson
‘Everything I’ve ever given,’ Parks told her, ‘I’ve always received more.’Inc. - 2d -
Loss of Federal Child Care Funds Hits Working Parents Hard
An end to government-backed scholarships and deep cuts to the Office of Child Care squeeze struggling families looking for affordable preschool and day care options.Inc. - 2d -
Quant hedge fund Renaissance suffers steep losses in tariff tumult
Computer-driven asset manager’s institutional equity strategy down 8% in AprilFinancial Times - 1d -
Trump Administration Cuts Princeton Funding to Study Climate Change
The cuts to a Princeton University program come as the Trump administration has been reviewing an array of research grants related to global warming.The New York Times - 1d -
As VC Funding Tightens, Founders Cut Their Own Salaries by 43 Percent
The annual Founder Salary Report by accounting firm Pilot found median founder pay dropped 43 percent in 2024—33 percent on average—as entrepreneurs embraced bootstrapping and tightened belts.Inc. - 3h -
The U.S. ends lifesaving food aid for millions. The World Food Program calls it a 'death sentence.'
WASHINGTON — The Trump administration has ended funding to U.N.NBC News - 2d -
The trades threatening the Treasury market
A guide to the hedge fund strategies fuelling the tariff turmoilFinancial Times - 1d -
Bill Ackman’s main fund drops 15% this year as trade war hits holdings
Billionaire’s Pershing Square Holdings bet on tariff-exposed stocks like NikeFinancial Times - 3d -
BoE asks banks whether clients have funding problems after Trump-induced market rout
Central bank’s Prudential Regulation Authority has so far found little sign of serious financial distressFinancial Times - 2d -
Maine sues Trump administration over funding freeze after trans athlete dispute
Maine officials sued the administration of President Donald Trump to try to stop the government from freezing federal money in the wake of a dispute over transgender athletes.NBC News - 2d -
8 die from cholera in South Sudan as funding cuts force longer walks to clinics
An aid organization says five children are among eight people who have died from cholera in South Sudan after aid cuts are forcing patients to walk for hours to reach the nearest clinicsABC News - 1d -
The USDA cut $500 million in funding to food banks. Here’s how they’re coping
As President Donald Trump’s administration attempts to lower inflation by reducing government spending, Americans are finding out the very programs putting healthy, affordable foods on their plates ...NBC News - 1d -
Bondi says Trump will 'probably' leave after second term
The administration's FEMA funding freeze violated a court order, a judge ruled.ABC News - 3d