Biden to Back Eleventhhour Funding Bill
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Their Social Security benefits were slashed. Now they’re getting hundreds — maybe thousands — of dollars back under new law Biden just signed.
Retired public workers will get check adjustments and retro pay under the recently signed Social Security Fairness Act.MarketWatch - 2d -
Michael Sheen to fund new national theatre for Wales
The actor says he is putting everything behind starting Welsh National Theatre.BBC News - 3d -
EU fears Trump rolling back Biden-era measures
Bloc concerned about president-elect reversing US sanctions against Russia and other policiesFinancial Times - 3d -
California fires live updates: death toll likely to rise; Biden announces federal funding for fight against blazes
Robert Luna decries ‘unacceptable’ looting in fire-ravaged areas, while Palisades wildfire grows to nearly 20,000 acres. Full report: wildfires continue to rage in Los Angeles Visual ...The Guardian - 4d -
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 - 4d -
Scientists prize neutrality – that doesn’t cut it any more. In 2025, they must fully back the climate movement | Bill McGuire and Roger Hallam
With 2024 set to go down as the hottest year on record, we know that what is coming is truly horrifying. The past 12 months have seen our world enter new territory. Last year will go down as the ...The Guardian - 4d -
Germany needs €150bn fund to revamp infrastructure, chairman says
Yahoo News - 4d -
Newsom hits back at Trump wildfire comments, says Biden did not 'play politics'
California Gov. Gavin Newsom (D) on Wednesday went after President-elect Trump for recent comments he made about ongoing wildfires in the Los Angeles area. “People are literally fleeing,” Newsom ...The Hill - 4d -
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 - 5d -
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 - 5d -
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 - 5d -
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 - 5d -
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 - 6d -
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 - 6d -
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 - 6d -
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 - 6d -
Joe Biden signs bill that paves way for Commanders' potential return to Washington D.C.
The Commanders are headed for the playoffs and generating excitement rarely seen since the franchise's 1980s and early ‘90s heyday. Is a return to Washington D.C. next?Yahoo Sports - Jan. 7 -
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 - Jan. 6 -
President Joe Biden signs RFK Stadium bill into law, paving way for Commanders' return to nation's capital
The franchise could soon be returning to familiar groundsCBS Sports - Jan. 6 -
Biden signs bipartisan outdoor recreation bill into law
President Biden on Monday signed a bipartisan bill aimed at boosting outdoor recreation weeks after it cleared the Senate. The bill, the Expanding Public Lands Outdoor Recreation Experiences Act, ...The Hill - Jan. 6 -
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 - Jan. 6 -
Biden: Don’t forget Jan. 6 attack — but let’s get back to a peaceful transition
Politico - Jan. 6 -
Biden signs bill to increase Social Security benefits for millions of public workers
The Social Security Fairness Act repeals two provisions that reduced Social Security benefits for some public workers who also receive pensions.CNBC - Jan. 6 -
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 - Jan. 6 -
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 - Jan. 6 -
Biden signs Social Security bill that enhances benefits for millions
New law means police officers, teachers and others with public pensions will now collect their full Social Security benefits.CBS News - Jan. 5 -
Trump backs massive single bill for taxes, border and energy
Some Republicans have expressed support for enacting two pieces of legislation, instead of trying to stuff everything into one bill.Politico - Jan. 5 -
Biden signs bill to boost social security payments for millions of public workers
President says Social Security Fairness Act will benefit ‘Americans who have worked hard all their lives’. Joe Biden has signed into law a measure that boosts social security payments for current ...The Guardian - Jan. 6 -
Biden signs Social Security bill, says American retirees deserve 'economic security and dignity'
President Biden on Sunday signed a Social Security bill repealing two statutes that have diminished payouts to public sector workers including firefighters and teachers for years. “The bill I’m ...The Hill - Jan. 5 -
Millions to See Higher Social Security Payments from Biden Bill
This bill will affect 3 million people’s Social Security benefits.Inc. - Jan. 5 -
Biden signs bill boosting Social Security payments for millions
President Joe Biden is set to sign into law a measure that boosts Social Security payments for current and former public employeesABC News - Jan. 5 -
Baerbock: EU will not fund the Islamization of Syria
Yahoo News - Jan. 4 -
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 - Jan. 4 -
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 - Jan. 3 -
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 - 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