Schumer to push for anti-terror funds in budget negotiations

UK school budgets eroded by spiralling special needs costs, report shows

SEN spending and higher wages leave headteachers facing ‘very tight’ accounts in 2025, says IFS

Financial Times - 4h

Trump’s push for SALT tax reform threatened by hardline GOP budget hawks

The path of least resistance could be $5 trillion in new government debt.

MarketWatch - 5h

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 - 5h

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 - 8h

Germany pushes for EU to ease sanctions on Syria

Berlin circulates proposals for relief on curbs in exchange for reforms from new leadership in Damascus

Financial Times - 9h

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 - 1d

Dems to the GOP on budget reconciliation: 'Good luck'

Politico - 1d

Sons of "El Chapo" are negotiating plea deals with U.S. prosecutors

Ovidio Guzmán López and Joaquin Guzmán López didn't appear at the hearing in Chicago on Tuesday where prosecutors said they needed more time.

CBS News - 8h

Call Of Duty Budget Reportedly As High As $700 Million Per Game

Big video games take a lot of money to make, but the industry is very secretive in exactly how much is spent developing them. However, it looks like we might have some insight on how much money it ...

GameSpot - 13h

Next blames clothes price rises on wage increases set out in Budget

The retailer expects employee costs to increase by £73m due in part to rising National Insurance

BBC News - 16h

Next warns of ‘anaemic’ growth after UK Budget tax increases

Retailer says measures will cost it £67mn in current financial year and warns of potentially chilling effect on economy

Financial Times - 21h

While Apple negotiates Indonesia sales ban, another Chinese smartphone maker is entering the country

Huawei spinoff Honor announced Tuesday it is entering Indonesia and plans to launch its smartphones there by the end of March.

CNBC - 1d

Newsom proposes 'balanced' budget with no deficits

California Gov. Gavin Newsom (D) on Monday proposed a $322 billion budget that he said would be "balanced" and without deficits — marking a significant turnaround after two years of shortfalls. ...

The Hill - 1d

Schumer marks Jan. 6, condemns potential Trump pardons of Capitol rioters

Senate Democratic Leader Chuck Schumer (N.Y.) on Monday marked the four-year anniversary of the Jan. 6, 2021, attacks on the U.S. Capitol and condemned the prospective pardons of the rioters who ...

The Hill - 1d

Schumer: 'Utterly outrageous' Trump is considering pardons for Jan. 6 rioters

Sen. Chuck Schumer, D-N.Y., spoke on the Senate floor before Congress meets to certify President-elect Trump's election victory. Schumer reflected on the Capitol riot on January 6, 2021, and called ...

NBC News - 1d

Naughty Dog Founder Reveals Budgets Of Original Games And Why They Sold To Sony

Andy Gavin, one of the co-founders of Naughty Dog, has explained why the company sold itself to Sony back in 2001. Posting on LinkedIn , Gavin said he's been asked "countless times" why Naughty ...

GameSpot - 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

France signals fewer spending cuts and tax rises ahead of budget talks

Economy minister seeks to ‘protect growth’ with slightly higher deficit target for 2025

Financial Times - 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 problem

Financial Times - 1d

Private equity to lobby Trump for access to savers’ retirement funds

Industry hopes incoming administration will open long-restricted private investments to individual investors

Financial Times - 1d

UK businesses plan price increases as Budget drives up costs

Tax and wage rises have caused confidence to ‘slump’, warns British Chambers of Commerce

Financial Times - 2d

Schumer on working with Trump to secure DACA deal: ‘We’d love to do that’

Sen. Chuck Schumer (D-N.Y.) said Democrats would "love" to work with President-elect Trump on a deal for Deferred Action for Childhood Arrivals (DACA) recipients. Schumer joined NBC News's "Meet ...

The Hill - 2d

Trump says he’s open to a deal for Dreamers. Sen. Schumer responds: 'We'd welcome it'

In an exclusive interview with Meet the Press, Senate Minority Leader Chuck Schumer (D-N.Y.) tells Kristen Welker that he is open to working with Republicans on a deal for Dreamers after ...

NBC News - 2d

Schumer calls on Thune for briefing on attacks in New Orleans, Las Vegas

Senate Majority Leader Chuck Schumer (D-N.Y.) sent a letter to incoming Republican Senate Majority Leader John Thune (S.D.) calling for the upper chamber to have a briefing on the New Year’s Day ...

The Hill - 2d

Schumer presses Thune for briefings on recent attacks

Thune took control of the Senate chamber on Friday.

Politico - 3d

Baerbock: EU will not fund the Islamization of Syria

Yahoo News - 3d

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 - 4d

Austrian liberal party quits coalition talks leaving negotiations in disarray

Surprise move by Neos raises doubts about viability of forming centrist government excluding far right. The smallest of three parties in talks to form Austria’s next government has unexpectedly ...

The Guardian - 4d

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 decisions

Financial Times - 4d

Budget gyms aim to bulk up in smaller UK centres

PureGym and The Gym Group say plenty of opportunities remain as cost-conscious consumers try to keep fit

Financial Times - 4d

Bereaved whale spotted pushing another dead calf

A whale that famously pushed its calf's dead body for 17 days in 2018 appears to be grieving again.

BBC News - 5d

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 industry

Financial Times - 5d

Schumer backs Wikler for DNC chair

Senate Majority Leader Chuck Schumer (D-N.Y.) announced Thursday that he’s throwing his support behind Ben Wikler, the chair of the Democratic Party of Wisconsin, to take the helm of the Democratic ...

The Hill - 5d