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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 - 11m -
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 - 1h -
AI Startup Anthropic Raising Funding Valuing It at $60 Billion
The Amazon-backed OpenAI rival was valued at $18 billion last year.The Wall Street Journal - 1h -
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 - 5h -
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 - 22h -
L.A.'s most intimate theater experience? You're the only guest at this thrilling show
Yannick Trapman-O'Brien's "Undersigned" explores our deepest wants and desires, and what we may sacrifice to achieve them.Los Angeles Times - 1d -
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This fund manager forecast a 20% S&P 500 gain last year. Now he says cash is king.
Dan Niles, founder of Niles Investment Management, says the S&P could swing much higher or lower in 2025, and investors need to protect themselves.MarketWatch - 6h -
David Squires on … Thomas Tuchel’s thrilling start to life as England manager
Our cartoonist looks at how the German is filling his time after beginning his new role at FA headquarters. Buy a copy of this cartoon in our Print Shop David’s new book, Chaos in the Box: ...The Guardian - 9h -
Target-date funds — the most popular 401(k) plan investment — don't work for everyone
Target-date funds are poised to capture about two-thirds of all 401(k) contributions by 2027. While they benefit many investors, others may see drawbacks.CNBC - 1d -
Jiménez saves Fulham in thrilling Ipswich draw
Raúl Jiménez scored twice from the penalty spot as Fulham held Ipswich Town to a 2-2 draw in the Premier League on Sunday, extending the hosts' unbeaten streak to eight league matches.ESPN - 1d -
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 - 1d -
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 - 1d -
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 - 1d -
Tudor psychedelia for £35 a night! Is this rescued Yorkshire pile Britain’s most thrilling holiday let?
It’s got triple-height splendour and 1550s wall paintings likely inspired by Emperor Nero’s villa in Rome. Our writer plays lord of the manor at Calverley Hall – once home to knights, weavers, ...The Guardian - 1d -
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 - 1d -
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 - 2d -
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 - 3d -
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 - 3d -
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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 - 3d -
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 - 4d -
This play's abortion scene made grown men faint – and I’m thrilled it’s about to get a bigger audience | Rhiannon Lucy Cosslett
Annie Ernaux’s The Years is transferring to the West End. It’s about time the arts confront the way women’s bodies work. Following a sold-out run at the Almeida theatre, this month The Years – a ...The Guardian - 4d -
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 - 4d -
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 - 5d -
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 - 5d -
Spectacular aurora australis thrills sky gazers across south-east Australia
The green and purple southern lights show was so strong it appeared over Tasmania, Victoria, South Australia, Western Australia and NSW. Sign up for Guardian Australia’s breaking news email ...The Guardian - 5d -
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 - 6d