Capitol Agenda Government Funding Frenzy
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Keir Starmer defends planned welfare cuts to anxious Labour MPs
Prime minister wants to reform disability benefit payments to help fund greater spending on defenceFinancial Times - 3d -
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. - 3d -
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. - 3d -
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 - 2d -
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 - 2d -
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 - 1d -
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 - 1d -
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 - 1d -
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 - 1d -
2025 Players Championship purse, prize money: Payout for golfers, winner's share from $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 - 1d -
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 - 17h -
The U.S. dollar is still the world’s currency — but maybe not for much longer
Concerns are rising about the sustainability of U.S. government debt and spending.MarketWatch - 5d -
What will be in the chancellor's Spring Statement?
Chancellor Rachel Reeves will give more detail about the government's plans for the economy.BBC News - 5d -
Ukraine’s Tennis Stars Find Support on American Soil
Amid tensions between the governments, the players are still competing and thriving in U.S. tournaments.The New York Times - 4d -
Boosted defence spending will come at cost of manifesto pledges
Government should level with public about which promises it cannot afford to keepFinancial Times - 4d -
Labour MP Mike Amesbury to stand down over assault conviction
Resignation will trigger first by-election of Sir Keir Starmer’s governmentFinancial Times - 3d -
The 2002 heist that shook China’s airwaves
How Falun Gong practitioners hit back at the Chinese government by hijacking the airwaves.BBC News - 3d -
Ship not laden with toxic chemicals, says owner
Fears over toxic chemicals are allayed, and the government says there is no evidence of foul play.BBC News - 2d -
Trump Promised Americans Booming Wealth. Now He’s Changing His Tune.
President Trump’s sweeping promises are running headlong into the reality of governing.The New York Times - 2d -
Watch: Jamie Oliver calls for more support for dyslexic children
The TV chef and campaigner met with the education secretary to ask for government action.BBC News - 2d -
Inside Trump’s Crackdown on Dissent: Obscure Laws, ICE Agents and Fear
President Trump is clamping down broadly on dissent using the tools of the federal government.The New York Times - 1d -
Columbia Activist’s Case Goes to Court
Also, a government shutdown looms. Here’s the latest at the end of Wednesday.The New York Times - 1d -
Could Starmer's regulation shake-up mean a 'bonfire of the quangos'?
The PM will pledge to slash the costs of regulation with an "active government" in a speech later.BBC News - 1d -
D.C. Is Becoming Another Hollowed-Out Company Town
The government tried to save Detroit. Now it’s letting Washington wither.The New York Times - 1d -
The Trump team administering economic shock therapy
Also in today’s newsletter, government spending hit a record high last monthFinancial Times - 22h -
Treasury Secretary Bessent says a 'detox' period for the economy does not have to be a recession
The Trump administration is aiming for a "smooth transition" as it looks for ways to cut government spending.CNBC - 18h -
Chuck Schumer: Trump and Musk Would Love a Shutdown. We Must Not Give Them One.
A government shutdown would lead to real pain for the American people.The New York Times - 11h -
DeepSeek scared away some AI funders. But this wealthy backer is ready to spend.
Why government — not business — will see that AI startups get the money they need.MarketWatch - 22m -
Johns Hopkins University says it is cutting more than 2,000 workers due to cut to federal aid
Johns Hopkins University said Thursday that it is cutting over 2,000 workers because of a federal funding cut. “The termination of more than $800 million in [U.S. Agency for International ...The Hill - 11h -
Peer raises $10.5M for metaverse engine, launches 3D personal planets
Peer announced today it's raised new funding to build its AI-powered metaverse engine and launched its "personal planets" feature.VentureBeat - Mar. 6 -
How Foreign Aid Cuts Are Setting the Stage for Disease Outbreaks
Organizations funded by the United States helped keep dangerous pathogens in check around the world. Now many safeguards are gone, and Americans may pay the price.The New York Times - 5d -
Good Job Games raises $23M to make better match-3 games in Turkiye
Good Job Games, a fast-growing mobile game company based in Turkey, has secured $23 million in a seed funding round.VentureBeat - 2d -
Trump’s Call to Scrap ‘Horrible’ Chip Program Spreads Panic
The president’s attack on the key tenet of the Biden administration’s industrial policy has set off concerns that he may claw back its funding.The New York Times - 2d -
PGA Tour willing to 'integrate' aspects of LIV Golf without compromising 'exceptional' game, commissioner says
A deal between PGA Tour Enterprises and Saudi Arabia's Public Investment Fund appears closer than ever, though specifics remain outstandingCBS Sports - 2d -
Justin Thomas 'past the level of exhaustion' with PGA Tour-LIV Golf negotiations: 'I'm glad I don't know more'
PGA Tour commissioner Jay Monahan didn't have much of an update regarding the negotiations with Saudi Arabia's Public Investment Fund and Liv Golf on Tuesday.Yahoo Sports - 2d -
Emboldened by Trump, Serbia’s Leader Cracks Down on Activist Groups
Roiled by months of nationwide protests it blames on foreign meddling, Serbia has sent the police in to raid groups that received funds from U.S.A.I.D.The New York Times - 2d -
EPA Cancels $20 Billion in Climate Grants
Here is what we know about the billions in funds that have led to federal investigations, lawsuits and frozen bank accounts for climate nonprofit groups.The New York Times - 1d -
Switzerland told it must do better on climate after older women’s ECHR win
Council of Europe says Swiss government failing to respect human rights court’s ruling on emissions. Europe live – latest updates The Swiss government has been told it must do more to show ...The Guardian - 6d -
Internet shutdowns at record high in Africa as access ‘weaponised’
More governments seeking to keep millions of people offline amid conflicts, protests and political instability. Digital blackouts reached a record high in 2024 in Africa as more governments sought ...The Guardian - 5d -
Karl Rove: Trump claims of DOGE 'fraud' discoveries will backfire
Republican strategist Karl Rove said President Trump’s claims that the Department of Government Efficiency (DOGE) has discovered “hundreds of billions” in government “fraud” will backfire when ...The Hill - 3d