Latest in Wealth Fund Ramps
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The Laken Riley Act is a good start, but it needs funding
Congress to provide the government with the funds it needs to enforce the mandatory detention provisions in the Immigration and Nationality Act.The Hill - 14h -
There’s little to keep the stock market down as retiring boomers share their wealth
Market strategist Ed Yardeni: Expect the S&P 500 to hit 7,000 this year and 8,000 in 2026MarketWatch - 15h -
World's biggest sovereign wealth fund warns markets at risk from tariff-fueled inflation
"If you look at the risk to financial markets, I think inflation is for sure one, all driven by tariffs."CNBC - 21h -
Saudi wealth fund ramps up efforts to tap ETF investors
Public Investment Fund stumps up $200mn as seed investor in SSGA’s Europe-listed bond fund in support of Vision 2030Financial Times - 1d -
Gaza ceasefire latest: ‘Shocked’ Palestinians return to their homes as rescue workers ‘ramp up’ aid deliveries
The search for thousands of people buried under rubble has started as the ceasefire in Gaza enters its second day. Full report: Palestinians celebrate as prisoners freed The Spanish ...The Guardian - 1d -
Billionaires' wealth skyrocketing, anti-poverty group says ahead of Davos
Billionaires' wealth soared in 2024, a top anti-poverty group said ahead of an annual gathering in Davos, Switzerland of some of the world's political and financial elite.CBS News - 1d -
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Wealth of world’s billionaires grew by $2tn in 2024, report finds
Rate of wealth growth last year was three times faster than 2023, Oxfam inequality research reveals. The wealth of the world’s billionaires grew by $2tn (£1.64tn) in 2024, three times faster than ...The Guardian - 1d -
World could soon see its first trillionaires, Oxfam says, as billionaire wealth surges
Billionaire wealth surged in 2024, as the world’s richest people increasingly benefited from inheritance and powerful connections, Oxfam said in its annual inequality report.NBC News - 2d -
Anti-poverty group says billionaires' wealth soared in 2024 as the elites prepare for another Davos
Billionaire's wealth has grown faster last year, and now the world can expect at least 5 trillionaires within a decade, even as the number of people in poverty has barely budged since 1990ABC News - 2d -
Hospital funding announcement next week, BBC told
A Department of Health and Social Care spokesperson said the government planned to rebuild the NHS.BBC News - 2d -
Independent secures funding from Bill Gates’ foundation
It has given British media group more than $700,000 to fund journalism in ‘under reported’ parts of the worldFinancial Times - 3d -
ICE planning to ramp up arrests in major U.S. cities after Trump takes office
The locations expected to be targeted by deportation teams from ICE include those with large populations of immigrants, one source said.CBS News - 3d -
Bond funds are offering a ‘double whammy’ for investors
Many of these funds are trading at deep discounts and may have tempting distribution yieldsMarketWatch - 3d -
Wealth of US ‘oil-garchs’ went up 15% in nine months as industry figures plan Trump inauguration party
Oil and gas firms have given more than $75m to Trump’s campaign and stand to benefit from his ‘drill, baby drill’ plan. As Joe Biden warns in his farewell address as president that “an oligarchy is ...The Guardian - 3d -
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Franz Wagner injury update: Magic forward ramping up for return from torn oblique
Orlando is 23-19 despite both Wagner and Paolo Banchero missing significant timeCBS Sports - 4d -
Israel ramps up deadly airstrikes on Gaza after ceasefire deal is reached
In two days since a ceasefire deal between Israel and Hamas was announced Wednesday, fighting in Gaza and a series of deadly airstrikes have killed 115 people.NBC News - 4d -
Sharia pension funds swell amid returns boost
Funds outperform their default peers over the past decadeFinancial Times - 4d -
The Guardian view on Biden’s warning of oligarchy: Trump and the malefactors of wealth | Editorial
The outgoing president was right, in his farewell address, to warn of the dangers posed by the billionaires around the table. . Aristocrats are “the most difficult Animals to manage, of anything in ...The Guardian - 5d -
Women held keys to land and wealth in Celtic Britain
DNA analysis suggests Iron Age societies in Britain were built around women rather than men.BBC News - 6d -
Michael Sheen to fund new national theatre for Wales
The actor says he is putting everything behind starting Welsh National Theatre.BBC News - Jan. 10 -
New Orleans ramps up security ahead of Super Bowl, Mardi Gras
One week after the deadly attack on Bourbon Street in the early morning hours of New Year's Day, New Orleans has brought in a security expert to help guide the city's plans in the near future. As ...CBS News - Jan. 9 -
The Memo: Trump-Newsom feud ramps up as Los Angeles fires rage on
The feud between President-elect Trump and California Gov. Gavin Newsom (D) is hitting new peaks of intensity as wildfires rage on in Los Angeles. Trump has called on Newsom to resign, while the ...The Hill - Jan. 9 -
Microsoft contributes $1 million to Trump's inauguration fund
Microsoft would like President-elect Donald Trump to make sure that U.S. artificial intelligence policy in the next four years will support its goals.CNBC - Jan. 9 -
Ramping up criticism of Israel, Pope Francis calls situation in Gaza ‘shameful’
Pope Francis on Thursday stepped up his recent criticism of Israel’s military campaign in Gaza, calling the humanitarian situation in the Palestinian enclave “very serious and shameful”.NBC News - Jan. 9 -
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 - Jan. 8 -
Trump ramps up threats to gain control of Greenland and Panama Canal
The president-elect said he would not rule out the use of military force to seize control of the Panama Canal and Greenland.BBC News - Jan. 8 -
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 - Jan. 7 -
Donald Trump Jr. to visit Greenland as president-elect ramps up calls for acquiring the territory
Donald Trump confirmed that his eldest son will visit Greenland amid increased calls by the president-elect that the U.S. should control the autonomous territory owned by Denmark.NBC News - Jan. 7 -
Security ramps up on Capitol Hill four years after Jan. 6 Capitol attack
Officials in Washington and on Capitol Hill are boosting security ahead of the four-year anniversary of the Jan. 6 Capitol attack, with Congress preparing to certify President-elect Trump's ...NBC News - Jan. 6 -
This money bias is 'the biggest barrier to building wealth,' says financial psychologist
Putting off some key financial moves because they seem too complex? You could be costing yourself over the long run.CNBC - Jan. 5 -
Polish wealth managers warn against tax changes for family foundations
Structure was set up in 2023 to encourage money to stay in the countryFinancial Times - Jan. 5 -
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Israel ramps up strikes across Middle East
The war in Gaza shows no signs of slowing down in 2025. Israel turned up the pressure in one of the deadliest weeks of fighting, with nearly 150 people killed. Holly Williams has the latest ...CBS News - Jan. 3 -
Security ramped up at Sugar Bowl in New Orleans after Bourbon Street attack
The postponed Sugar Bowl kicked off Thursday night in the New Orleans Superdome, about a mile from the deadly attack on Bourbon Street. Michelle Miller takes a look at the increased security for ...CBS News - Jan. 2 -
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 - Jan. 2 -
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 -
NYPD ramps up security for New Year's Eve in Times Square
A million people are expected to pack into Times Square in New York City to ring in the New Year. And while there's no specific, credible threats to the celebration, the New York Police Department ...CBS News - Dec. 31