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Scammers Stole Their Retirement Savings. Then the Tax Bill Arrived.
The victims pulled money out of their retirement accounts. The withdrawals had inflated their taxable income, even though the funds quickly disappeared.The New York Times - Mar. 8 -
‘We don’t believe in the velvet rope:' One money manager is giving retail investors access to private credit. But is it worth it?
The exchange-traded fund industry is looking to give retail investors more access to alternative investments including private credit.CNBC - Mar. 8 -
Climate United Sues E.P.A. Over Frozen $20 Billion
In a lawsuit, Climate United claims the E.P.A. is illegally withholding funds that have become a target of the Trump administration.The New York Times - Mar. 8 -
Stand Up for Science Rally Sees Mix of Science, Politics and Anxiety
Thousands of protesters gathered in Washington for Stand Up for Science, a rally in response to President Trump’s federal-funding and job cuts.The New York Times - Mar. 9 -
AI frenzy leads US venture capital to biggest splurge in three years
Investor excitement over fast-developing technology has seen a flurry of massive funding rounds this yearFinancial Times - 6d -
North Korean hackers cash out hundreds of millions from $1.5bn ByBit hack
Hackers from the infamous Lazarus Group are in a cat-and-mouse game to launder their stolen funds from the ByBit heist.BBC News - 6d -
What will Trump mean for personal wealth?
Pension funds, retail investors and money managers are worrying about the future of American capital marketsFinancial Times - 6d -
Germany can spend almost €2tn without harming growth, economists say
FT survey finds ‘large fiscal capacity’, but economists urge would-be chancellor Friedrich Merz to spend funds wiselyFinancial Times - 6d -
Donald Trump bets propel Michael Platt’s BlueCrest to 15% gain
Hedge fund turned family office eclipses rivals with currency and bond wagers on a slowing US economyFinancial Times - 6d -
Why even cash is problematic for worried investors in this current state of chaos
Fleeing to money-markets funds isn’t the safe move you might think it is right now.MarketWatch - 5d -
The two big questions looming over the shutdown fight: From the Politics Desk
Two big questions are looming over the shutdown fight as Republican lawmakers try to pass a stopgap bill to fund the government.NBC News - 5d -
From Maid to Mortgage Mogul: How Patty Arvielo Built a Billion-Dollar Lending Empire
Patty Arvielo built her company, New American Funding, to weather uncertainty and she still finds time to pay it forward.Inc. - 5d -
How Babba Rivera Built Her Own Destiny—and a Best-Selling Latinx Hair Brand
The mother of four has raised $11.5 million in funding since launching hair care brand Ceremonia in 2020.Inc. - 5d -
Von der Leyen says €150bn defence loans should be spent in Europe
Funds to be used on weapons from EU and like-minded European nations such as UK, Norway and SwitzerlandFinancial Times - 5d -
European tech founders join forces to invest in young entrepreneurs
Podcaster Harry Stebbings is spearheading a €10mn fund to build tech start-ups to combat a ‘doom loop’ in EuropeFinancial Times - 4d -
Shutdown fight moves to Senate as Democrats weigh support for bill
Senate Democrats are considering the path forward after the House narrowly approved a stopgap measure to keep the government funded.CBS News - 4d -
M10 raises $3M for Web3 competitive multiplayer games
M10, a Web3 game developer and publisher creating competitive multiplayer games, has raised $3 million in funding.VentureBeat - 4d -
Opus Major raises $10M to bring people together through music and games
Opus Major has raised $10 million in funding to build a global game studio dedicated to crafting games and entertainment.VentureBeat - 4d -
Immigrant detention centers are at capacity, Trump admin officials say
The Department of Homeland Security is working with several agencies to increase bed space as they ask Congress for more funding.NBC News - 3d -
Germany’s stagnant economy dents investment in consumer start-ups
Funding increased to €7bn last year but it is a far cry from the 2021 peak of more than €17bnFinancial Times - 3d -
Drugmaker merger turns the page on a dark chapter of US history
Real-world pain lies behind a big win for several Wall Street vulture fundsFinancial Times - 3d -
Government shutdown: Which parks, museums and monuments could be closed?
The possibility of a government shutdown means many federally funded national parks, monuments and attractions might be closed until the government reopens.ABC News - 2d -
FirstFT: Tesla warns Trump administration it is ‘exposed’ in trade war
Also in today’s newsletter, top Senate Democrat backs Republican funding bill, and China criticises Panama ports dealFinancial Times - 2d -
DOD schools allowed to resume athletic events this weekend after pause
Sporting events had been postponed in response to President Trump's executive order restricting government-funded travel.Yahoo Sports - 2d -
Crispin Odey makes courtroom visit to Staley case over Epstein ties
Appearance by hedge fund founder comes as ex-Barclays boss tries to overturn FCA ban and fineFinancial Times - 2d -
Goldman Sachs offers its newest option for downside protection in volatile markets
Goldman Sachs Asset Management launched its newest buffer exchange-traded fund this month.CNBC - 1d -
It may be a good time for investors to look at less risky ways to stay in the stock market
Buffer and covered call funds may offer more predictable outcomes for investors amid choppy trading.CNBC - 4h -
Media advocates warn Trump’s cuts to Voice of America embolden autocrats
Order to slash funding to pro-democracy broadcasters part of efforts to radically reduce government servicesFinancial Times - 2h -
2025 Players Championship purse, prize money: Payouts for golfers, winner's share out of $25 million pool
The biggest prize fund of the PGA Tour's season is up for grabs this week during its signature event at TPC SawgrassCBS Sports - 1h -
Media advocates warn Trump’s cuts to Voice of America embolden autocrats
Order to slash funding to pro-democracy broadcasters part of efforts to radically reduce government servicesFinancial Times - 2h -
Columbia under pressure to resist Trump administration demands
Scholars say government threat to further cut federal funding at Ivy League university contains ‘glaring legal problems’Financial Times - 1h -
Ultrasound now needed for pill abortions in Wyoming after lawmakers override veto
Women planning pill abortions in Wyoming will need to get an ultrasound after lawmakers overrode the governor's veto of the new measureABC News - Mar. 5 -
Trump's FDA nominee faces Senate questions after agency layoffs and resignations
Dr. Marty Makary will answer questions from a Senate panel about his plans to lead the Food and Drug AdministrationABC News - Mar. 6 -
Trump's FDA nominee faces Senate questions after agency layoffs and resignations
Dr. Marty Makary will answer questions from a Senate panel about his plans to lead the Food and Drug AdministrationABC News - Mar. 6 -
European leaders push defense spend amid uncertainty over Trump aid to Ukraine
European leaders have upped the ante on defense spending plans as they look to support Kyiv and fill a potential void of U.S. aid.CNBC - Mar. 7 -
For De'Aaron Fox, firing Mike Brown reportedly final straw with Kings, Sabonis seeks clarity on team's future
What's the long-term plan in Sacramento? What is the front office building toward? Fox didn't see it.Yahoo Sports - Mar. 7 -
Heathrow looks at building shorter third runway in bid to cut costs
London’s hub airport is preparing a detailed expansion plan after winning government backingFinancial Times - Mar. 8 -
These accounts can be the 'worst possible asset’ for retirement, expert says. Here's why
Many investors don't plan for future taxes when contributing to traditional IRAs. Here are the key things to know.CNBC - Mar. 8 -
Disruption in the classroom: Trump faces battle to scrap education department
Teachers and parent groups fear president’s plan would increase inequality between rich and poor studentsFinancial Times - 6d -
Garrett's contract extension first of many wins Browns need in 2025
The deal rids Cleveland of a public dispute with Myles Garrett that threatened to cloud its free agency plans.ESPN - 6d
