Comment on this storyCommentAdd to your saved storiesSave The Biden administration announced a new weapons package for Ukraine on Wednesday, marking what officials have said could be a final consignment from U.S. stockpiles unless Congress approves new funding for Kyiv’s battle against Russia. The $250 million package, which includes artillery shells, air defense equipment, antiaircraft … Read more
Sen. Thom Tillis (R-N.C.) is set to introduce a bill barring federal funds for election administration from states “misusing” the 14th Amendment. “Regardless of whether you support or oppose former President Donald Trump, it is outrageous to see left-wing activists make a mockery of our political system by scheming with partisan state officials and pressuring … Read more
A growing number of venture firms may be uncorking champagne ahead of the New Year. Today, a handful of investment firms announced new funds: Artis Ventures, BoxGroup, Playground Global and Singular all closed on funds, while Partech said it was launching a €360 million venture fund. Against a backdrop of layoffs and continuing economic uncertainty, … Read more
Sri Lanka says it has reached an agreement in principle with a group of creditors including India and Japan on debt restructuring ByBHARATHA MALLAWARACHI Associated Press November 29, 2023, 8:21 AM FILE – A man fills gas into a vehicle at a fuel station in Colombo, Sri Lanka, on March 29, 2023. Sri Lanka said … Read more
Brennan and Erin Schlagbaum invest the majority of their money in index funds.Courtesy of Brennan and Erin Schlagbaum Brennan and Erin Schlagbaum paid off more than $300,000 of debt and hit a seven-figure net worth. Once they were debt-free, they got serious about investing and went all-in on index funds. The couple now has a … Read more
Pre-seed and seed companies have a new bucket of capital to go after today. Twelve Below, a New York-based venture capital firm, closed on $108 million in capital commitments. Taylor Greene and Byron Ling started Twelve Below in 2021 after previous careers at Collaborative Fund and Lerer Hippeau for Greene, and Canaan and Primary Venture … Read more
The U.S. government has sanctioned a Russian national for allegedly laundering millions of dollars worth of victim ransom payments on behalf of individuals linked to the notorious Ryuk ransomware group. According to an announcement from the U.S. Treasury’s Office of Foreign Assets Control (OFAC), Ekaterina Zhdanova, 37, is accused of using virtual currency exchange transfers … Read more
Photo: Victor J. Blue/Bloomberg (Getty Images) Sam Bankman-Fried testified before a jury for the first time on Friday saying he did not defraud FTX customers or take their funds, according to Bloomberg’s live reporting of the trial. The FTX and Alameda’s founder said that Alameda “borrowed” them, but admitted “a lot of people got hurt.” … Read more
Russell Simmons took to Instagram to weigh in on the Israel-Palestine conflict, expressing that he believes Israel should use the funds it receives from the United States government to build a mosque in Palestine and better the lives of Palestinians. Simmons shared a lengthy video with his followers on Oct. 12 with a caption noting … Read more
STORY: President Joe Biden’s administration on Thursday said it will add sections to a wall on the U.S.-Mexico border… amid a record number of migrant crossings. It’s a reversal that embraces a signature policy of former President Donald Trump, who made building “the wall” a central tenet of his first campaign for president. Biden told … Read more