Latest in Terror Funds Budget
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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 - 10h -
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 - 14h -
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 - 1d -
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 - 13h -
Why this fund manager is fighting higher inflation with dividend stocks
These high-quality, dividend-paying stocks in 3 sectors stand to benefit from rising prices.MarketWatch - 14h -
Trump’s push for SALT tax reform threatened by hardline GOP budget hawks
The path of least resistance could be $5 trillion in new government debt.MarketWatch - 20h -
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 - 23h -
UK school budgets eroded by spiralling special needs costs, report shows
SEN spending and higher wages leave headteachers facing ‘very tight’ accounts in 2025, says IFSFinancial Times - 1d -
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 - 1d -
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 - 1d -
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 - 1d -
Call Of Duty Budget Reportedly As High As $700 Million Per Game
Big video games take a lot of money to make, but the industry is very secretive in exactly how much is spent developing them. However, it looks like we might have some insight on how much money it ...GameSpot - 1d -
Next blames clothes price rises on wage increases set out in Budget
The retailer expects employee costs to increase by £73m due in part to rising National InsuranceBBC News - 1d -
Next warns of ‘anaemic’ growth after UK Budget tax increases
Retailer says measures will cost it £67mn in current financial year and warns of potentially chilling effect on economyFinancial Times - 2d -
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 - 2d -
Newsom proposes 'balanced' budget with no deficits
California Gov. Gavin Newsom (D) on Monday proposed a $322 billion budget that he said would be "balanced" and without deficits — marking a significant turnaround after two years of shortfalls. ...The Hill - 2d -
Naughty Dog Founder Reveals Budgets Of Original Games And Why They Sold To Sony
Andy Gavin, one of the co-founders of Naughty Dog, has explained why the company sold itself to Sony back in 2001. Posting on LinkedIn , Gavin said he's been asked "countless times" why Naughty ...GameSpot - 2d -
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 - 2d -
France signals fewer spending cuts and tax rises ahead of budget talks
Economy minister seeks to ‘protect growth’ with slightly higher deficit target for 2025Financial Times - 2d -
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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 - 2d -
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 - 3d -
UK businesses plan price increases as Budget drives up costs
Tax and wage rises have caused confidence to ‘slump’, warns British Chambers of CommerceFinancial Times - 3d -
Terror act shatters the New Year in New Orleans
Just hours into the first day of 2025, a 42-year-old Texas man purposely drove a rented pickup through a dense crowd of revelers on New Orleans' Bourbon Street, then opened fire on police officers. ...CBS News - 3d -
‘The Trump Effect’ in the age of terrorism
Have those in charge of our defense against terrorism taken their eyes off the ball to engage in petty, self-destructive and potentially illegal partisan politics?The Hill - 4d -
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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 - 5d -
Jeh Johnson concerned terror threat at 'heightened level'
Former Homeland Security Secretary Jeh Johnson says the nation's terror threat is at a “heightened level” following the vehicle attack in New Orleans on New Year’s Day that killed more than a dozen ...The Hill - 5d -
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 - 5d -
Budget gyms aim to bulk up in smaller UK centres
PureGym and The Gym Group say plenty of opportunities remain as cost-conscious consumers try to keep fitFinancial Times - 6d -
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 - 6d -
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 - 6d -
What to Know About ISIS Terror Attacks
The group whose flag was found after a New Orleans truck-ramming attack has never stopped orchestrating and inspiring acts of terror.The New York Times - 6d -
In New Orleans, Celebration Is Followed by Terror in the French Quarter
The attack that left 15 dead and about three dozen injured followed a distressingly familiar pattern of assailants turning vehicles into weapons.The New York Times - 6d -
Taiwan president vows to boost the island's defense budget as China threats rise
Taiwanese President Lai Ching-te has pledged to strengthen the island’s defenses in the face of escalating Chinese threatsABC 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 -
Forrester on cybersecurity budgeting: 2025 will be the year of CISO fiscal accountability
With 90% of cybersecurity and risk leaders predicting they'll see budget increases in 2025, many are facing a new era of accountability.VentureBeat - Dec. 30
