Trump may create fund to buy TikTok from ByteDance: sources
DAVOS, Switzerland — President Donald Trump is hell-bent on saving TikTok, and one solution he and his people are considering is a bid to buy the popular video-sharing app from the Chinese. Bank officials said it was the creation of a U.S. sovereign wealth fund, On the Money reported. I learned. The deal will involve […]
Hochul scrambles to fund NYPD’s $154M overnight subway staffing, as cops hit NYC trains after rash of violence
Gov. Cathy Hochul is still busy blocking funding for a $154 million raid on overnight subway trains by the New York City Police Department, even as the first wave of police stormed the tunnels this week. Only half of the cash needed for the six-month surge has been set aside, and Mr. Hochul asked for […]
Sam Altman claps back at Senate inquiry into Trump inaugural fund donation
OpenAI CEO and co-founder Sam Altman on Friday applauded two Democratic senators' investigation into a $1 million individual donation to President-elect Trump's inaugural fund, citing past donations to Democrats. quipped that they were not subject to the same scrutiny. ”[F]Hey, they never sent me these because of my contributions to the Democratic Party…'' Altman wrote […]
Auctioning Feds’ Assets Can Fund $1T of Trump Agenda
A populist proposal to auction off distressed federal assets, such as loans, to pay for infrastructure and other policy priorities for working-class Americans is likely to be the subject of former President Donald Trump's return to the White House next week. is attracting new interest. Going back to President Trump's first term, a bipartisan group […]
NYC Mayor Adams’ defense fund owes $735K as legal fees pile up — and donors disappear
Mayor Eric Adams has amassed hundreds of thousands of dollars in unpaid legal fees to fight the historic federal indictment, but contributions to his defense fund have all but dried up. Hizzoner's trust raised just $2,200 from just two donors in the past three months, according to a disclosure report filed late Wednesday. At the […]
Bill Ackman backs fellow hedge fund billionaire Whitney Tilson for NYC mayor
Billionaire investor Bill Ackman is flexing his political muscle again, this time by publicly promoting former hedge fund manager Whitney Tilson's candidacy for New York mayor. That's because “we don't want New York City to become San Francisco or, God forbid, Los Angeles.” Tilson, who founded Kase Capital Management in 1999 and was one of […]
Fund manager reveals how his little-known ETF gained 80% in 2024 – CNBC
Artificial intelligence will continue to be a growing investment theme in 2025 and beyond, according to a tech fund manager who posted an 80% return in 2024. Beck Lee, chief investment officer of Hong Kong-listed exchange-traded fund Pando CMS Innovation ETF, said the fund selects stocks based on independent research that combines macroeconomic factors and […]
California Dems Propose ‘Slush Fund’ To ‘Trump-Proof’ Illegal Migrants From Deportation Amid Deadly Wildfires
California Democratic lawmakers have earmarked $50 million in state funding to fund legal battles against the incoming Trump administration and protect illegal immigrants from deportation as the state battles one of the most costly wildfire disasters in history. reportedly proposed. The $50 million proposal comes as California Gov. Gavin Newsom's special legislative session began convening […]
Google Joins Parade of Tech Giants Donating $1 Million to Donald Trump’s Inauguration Fund
Google has joined the ranks of major tech companies supporting President-elect Donald Trump's inauguration, donating $1 million to the inaugural fund. CNBC report Google has become the latest tech giant to donate to President-elect Donald Trump's 2025 inauguration fund, following OpenAI CEO Sam Altman, Meta, Amazon and Apple CEO Tim Cook. The company announced Monday […]
Microsoft, Google each donate $1M to Trump’s inaugural fund
Google and Microsoft are each contributing $1 million to President-elect Donald Trump's inaugural fund, joining a slew of technology companies that are funding festivities in an effort to garner support from the incoming administration. Google and Microsoft confirmed the donations to The Post. “Google is pleased to support the 2025 Inauguration with a live stream […]