Social Security Trustees Say Funds are Running Out—and Trump’s Policies Are Making It Worse
A new report says Trump’s policies have only accelerated the depletion of social security funds.
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8 headlinesHedge Funds on Asia Alpha
Sam Kellie-Smith, CEO & Chief Investment Officer, APAC, Jain Global and Kenny Lam, CEO, Two Sigma Asia Pacific discuss how both liquidity, and opportunities, have grown in Asia with Bloomberg’s Erik Schatzker at Bloomberg Invest 2026 in Hong Kong.
Nick Reiner Seeks Release of Trust Funds to Pay for Legal Defense in Parents’ Murders
Nick Reiner, son of Rob and Michele Reiner, has petitioned a Los Angeles probate court for release of trust funds in order to pay for his legal defense in the murders of his parents.
Seattle-Area Man Gets Prison for Laundering Foreign Fraud Funds With Bitcoin, Ethereum
The fraudster took in nearly $100 million from victims before laundering funds via Bitcoin, Ethereum, and stablecoins.
Index Funds Gobbling 30% of SpaceX Float Risk Driving Price Up
The prospect of billions of dollars of oncoming demand for SpaceX stock from index-tracking funds risks creating a feedback loop that drives the shares of Elon Musk’s company even higher, academics and market observers have warned.
Social Security funds could run short by 2032, program's Trustees warn
A trust fund that helps to finance Social Security benefits is expected to run out of money in less than seven years — unless Congress acts to patch the system before that.
AI giants' race to raise funds heats up as ChatGPT-owner plans stock market debut
The company behind ChatGPT files its plans one week after Anthropic did the same.
UK financial regulator floats allowing 10% crypto allocations for retail funds
The Financial Conduct Authority floated the idea of allowing limited exposure to crypto for retail-focused funds if it aligns with “disclosed investment objectives.