Trump Admin Expands Massive Funding Cuts To Blue States Amid Widening Fraud Scandal The Trump administration has taken decisive action against rampant welfare fraud beyond Minnesota , escalating a long-overdue reckoning for lax oversight under Democrat governance. Following explosive revelations of massive fraud schemes - many tied to the state's Somali immigrant community - the Department of Health and Human Services (HHS) has not only frozen federal child care payments to Minnesota, but has slashed funding allocated for social services and child care for multiple blue states , affecting programs such as the Child Care Development Fund (CCDF), the Temporary Assistance for Needy Families (TANF), and the Social Services Block Grant, the New York Post revealed Monday. The Post reports: At least $7.35 billion in TANF money will be prevented from going to California, Colorado, Illinois, Minnesota, and New York. The CCDF funding block of nearly $2.4 billion affects all those states. Another $869 million from the Social Services Block Grant coffers is being kept from all five states as well. The funding pauses were to be announced via letters to each state sent Monday, citing concerns that benefits were fraudulently going to non-US citizens. The move comes amid the continuing fallout from viral video by citizen reporter Nick Shirley, who documented dozens of purported child care facilities in Minneapolis that appeared empty or minimally operated yet received millions in taxpayer subsidies. Last week, HHS Deputy Secretary Jim O'Neill announced the freeze on payments from the Child Care and Development Fund, declaring that future disbursements would require receipts, photos, and justifications to prevent abuse. Minnesota, which receives roughly $218 million annually for its Child Care Assistance Program serving low-income families, now faces heightened scrutiny , including demands for audits of suspect centers. The Trump administration’s actions aim to address a broader cri...

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Key Points Beyond Meat is still losing money and reporting declining sales. It made two unusual filings with the SEC in December. There have been some positive business developments. 10 stocks we like better than Beyond Meat › Shares of Beyond Meat (NASDAQ: BYND) stock dropped 17% in December, according to data provided by S&P Global Market Intelligence. Investors continue to lose hope in a rebound, and it made some announcements related to stock dilution and debt that did not enthuse the market. What happened in December Beyond Meat's sales have been declining for years at this point, and it's losing money quickly. In the 2025 fiscal third quarter (ended Sept. 27), sales declined another 13.3% year over year, and the company produced a $110 million net loss. It ended the quarter with $131 million in cash and $1.2 billion in debt, and it reported a $98 million operating cash flow loss. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » It's in a precarious situation right now, and although the market has been disappointed in it for a while, things got a bit worse in December. First, it announced a prospectus for "Common Stock, Preferred Stock, Debt securities, Warrants, Purchase Contracts, and Units," and said that it "may offer and sell the securities identified above from time to time in one or more offerings." Although this doesn't seem to imply that it's going to dilute its shares immediately, the market wasn't too thrilled with the news. The day after the prospectus came out, the company filed another update with the Securities and Exchange Commission (SEC) to amend certain loan agreements with a lender called Unprocessed Foods. It had issued warrants to the company last May, and it adjusted the strike price from $3.26 to $1.95. Beyond Meat needs the cash it would get from Unprocessed Foods exercising these warrants. However, given that Beyond Meat's stock price sits at $0.91 as...

Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Nvidia says production of its next-gen AI chip is on track—but rivals are closing in. We’re live from CES in Las Vegas. And the bull market powers ahead despite rising geopolitical risks—from Venezuela to Greenland to Taiwan. And hedge funds with stock-picking strategies shine in 2025—Bloomberg breaks down the winners. Plus, media veteran Kay Koplovitz joins us on why Netflix could be the frontrunner to buy Warner Bros. Discovery. (Source: Bloomberg)

After the removal of Venezuela’s president, Nicolás Maduro, there are fears Donald Trump could turn his sights to Greenland, after he renewed his calls for the US to take control of the semi-autonomous Danish territory. While European leaders convened in Paris and rallied behind Denmark, one of Trump’s top aides ramped up the pressure by questioning Copenhagen's claim to the Arctic territory Continue reading...

Source: Bloomberg, 4:49

格隆汇1月7日｜美国国务院：双方已决定建立联合融合机制。

Antoine Semenyo is set to have a medical at Manchester City and his move is expected to be completed before Saturday. City have agreed to meet Semenyo's £65m release clause, which must be activated by 10 January. The Bournemouth winger is due to have his medical after the Cherries' game against Tottenham on Wednesday (19:30 GMT). Despite interest from five clubs including Chelsea, Liverpool, Manchester United and Tottenham, City are the only team to have made formal contact with Bournemouth. "I think it could be the last game," said Cherries manager Andoni Iraola before his side host Spurs. "That is my personal opinion, but there is nothing agreed and nothing signed. It is my personal opinion as I understand the market and the noise but there is nothing agreed right now. "He, right now, is our player and I hope it continues." Semenyo has scored nine goals and provided three assists for Bournemouth this season. Iraola also added that the Ghana international is "almost impossible to replace".

The investment thesis for the AI sector is expected to be as vibrant as ever this year, but investors should be selective about the funds they pick. Many investors are optimistic about the outlook for artificial intelligence (AI) stocks in 2026, with nine in 10 respondents to a recent Motley Fool survey indicating that they plan to maintain or increase their exposure to AI-related equities this year. That optimism is warranted. In terms of AI execution and preparedness, the top 10 stocks in Motley Fool's Moneyball database generated an average return over the past five years that was more than double that of the S&P 500. Past performance doesn't guarantee future results, but those past performances are among the reasons why market participants are bullish on AI. That positivity will likely also affect exchange-traded funds (ETFs) that focus on artificial intelligence companies. AI ETFs are advantageous options for investors because they provide easy access to baskets of stocks, eliminating the need for people to attempt to predict which specific companies will be the biggest winners. However, there's more to consider when evaluating AI ETFs and those funds' roles in your portfolio this year. With AI ETFs, purity is pertinent There are dozens of ETFs with AI ties, but investors should note that there are meaningful differences between AI adjacency and purity. For example, sector ETFs such as the Vanguard Information Technology ETF (VGT +1.01%) and the Fidelity MSCI Information Technology ETF (FTEC +0.91%) are broader plays on technology, but have AI connections by way of their large weightings in stocks like Nvidia and Microsoft. On the other hand, pure-play AI ETFs have qualifiers to ensure a degree of purity. For example, the Global X Artificial Intelligence & Technology ETF (AIQ +0.66%), the largest ETF in the category, mandates that its components be "positioned to benefit from the further development and utilization of AI in their products and services," or AI h...

格隆汇1月7日｜美国国务院：美国赞赏所采取的积极步骤，并将继续致力于支持以色列和叙利亚官员在巴黎会议上达成的共识的落实。

Hampton Inn, Lakeville, MN. Google Earth Hilton Hotels said Tuesday that it will sever ties with a franchise hotel in the Minneapolis area after a new video showed a desk clerk there refusing to book rooms for a person claiming to be a Department of Homeland Security agent. Hilton's statement came a day after the company that owns the location, Everpeak Hospitality , apologized for canceling a prior reservation for real DHS agents because of their work on immigration enforcement, and said that such a ban was not consistent with its policy of "being a welcoming place for all." "The independent hotel owner had assured us that they had fixed this problem and published a message confirming this," Hilton said in a statement Tuesday on the social media site X, which was also sent by a spokesperson to CNBC. "A recent video clearly raises concerns that they are not meeting our standards and values," Hilton said. "As such, we are taking immediate action to remove this hotel from our systems." "Hilton is — and has always been — a welcoming place for all," the statement said. "We are also engaging with our all of our franchisees to reinforce the standards we hold them to across our system to help ensure this does not happen again." Hilton Hotel logo is seen on one of their hotels. John Lamparski | Lightrocket | Getty Images The statement was posted hours after a tweet by the conservative independent journalist Nick Sortor , which contained a video of him visiting the Hampton Inn by Hilton Lakeview Minneapolis on Monday night — hours after Everpeak issued its apology — and trying to book 10 rooms for what Sortor said were DHS employees. "So, we're not accepting people from Immigration, ICE agents, DHS into our property," the clerk said. "That's just our management, ownership." When Sortor said he thought the policy had changed "today" — Monday — the clerk replied, "I just talked to the owner of the building, and he didn't say there had been any changes." "Yeah, it's just policy...

Analog-semiconductor stocks have been major laggards over a multiyear span, but Microchip’s latest commentary is fueling hopes for a sustained recovery.

Key Points SoFi’s fintech platform continues to attract millions of new users. It’s expanding its fee-based ecosystem to reduce its dependence on interest income. Its stock looks reasonably valued, but Wall Street’s expectations might be too high. 10 stocks we like better than SoFi Technologies › SoFi's (NASDAQ: SOFI) stock has nearly doubled in value over the past 12 months. The fintech company impressed the market again, gaining more users, growing its revenue at double-digit rates, and expanding its ecosystem with additional digital banking services. Should you buy SoFi's stock before it posts its fourth-quarter earnings report on Jan. 30? Let's review its business model, growth rates, and valuations to make an informed decision. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » How does SoFi make money? SoFi, founded as Social Finance in 2011, initially provided student loans. It subsequently expanded its online platform into a "one-stop shop" with auto loans, mortgages, personal loans, credit cards, insurance policies, estate planning services, stock trading tools, cryptocurrency trading tools, and other banking services. SoFi acquired the digital payment processing company Galileo in 2020, and it launched its own direct bank after obtaining a U.S. bank charter in 2022. Its digital-only approach attracted millions of younger Millennial and Gen Z customers, and enabled it to expand at a much faster rate than traditional brick-and-mortar banks. At the end of the third quarter of 2025, SoFi served 12.6 million members with 18.6 million products in use. That's up from 2.5 million members and 1.9 million products in use at the end of 2021. Galileo, which operates separately, hosts nearly 160 million accounts on its own. From 2021 to 2024, its adjusted revenue grew at a CAGR of 37% from $1.01 billion to $2.61 billion. Its adjusted earnings before interest, taxes, depreciation, and am...

Image source: The Motley Fool. Monday, August 26, 2024 at 9 a.m. ET CALL PARTICIPANTS Chairman & Chief Executive Officer — Laurans A. Mendelson Co-President & President, Flight Support Group — Eric A. Mendelson Co-President & President, Electronic Technologies Group — Victor H. Mendelson Executive Vice President & Chief Financial Officer — Carlos L. Macau Need a quote from a Motley Fool analyst? Email [email protected] RISKS Eric Mendelson said, "we definitely have supply chain problems all over the business. It’s -- our vendors are challenged. There's a huge demand out there and getting -- we really got to be on top of your supply chain." Ongoing vendor backlogs are delaying some shipments and constraining repair operations. On commercial OEM sales, Eric Mendelson noted, "Yes, we've definitely seen a reduction off of forecast due to their build rates. There is no question Airbus is doing, I think, better than Boeing in that area. But yes, definitely on the commercial OE production, things are softer than expected," reflecting current softness at major airframers. Carlos Macau commented, "I wasn't as pleased this quarter with the working capital use. We expected it. And again, the rate of change in that inventory spend is down considerably compared to the first half of the year," indicating working capital inefficiencies persist despite improvements. TAKEAWAYS Record consolidated net sales -- Net sales reached $1.004 billion, up 37% year over year, supported by strong commercial aerospace demand and recent acquisitions. -- Net sales reached $1.004 billion, up 37% year over year, supported by strong commercial aerospace demand and recent acquisitions. Net income -- Net income rose 34% to $136.6 million, or $0.97 per diluted share, compared to $102 million, or $0.74 per diluted share, in the prior year period. -- Net income rose 34% to $136.6 million, or $0.97 per diluted share, compared to $102 million, or $0.74 per diluted share, in the prior year period. Consolidat...

Alphabet and Amazon are two smart growth stocks to buy right now. If you're starting out investing and have $1,000 or more to put to work, investing in some top growth stocks of market leaders can be a smart idea. Let's look at two great growth stocks to buy right now. Alphabet While Alphabet (GOOGL 0.99%) (GOOG 1.10%) is best known for its ubiquitous search engine, the company is a lot more than just Google Search. The company also owns YouTube, the world's largest streaming platform, while its cloud computing unit, Google Cloud, is its fastest-growing segment. Meanwhile, it is also the majority owner of robotaxi service Waymo, and it has developed its own chip for quantum computing. Google Search is still its largest business, and the company created a wide moat through both distribution and its ad network. Alphabet owns both the market-share leading Chrome browser and Android operating system, which helps make Google search the default search engine on more than 70% of devices. Expand NASDAQ : GOOGL Alphabet Today's Change ( -0.99 %) $ -3.13 Current Price $ 313.41 Key Data Points Market Cap $3.8T Day's Range $ 311.80 - $ 320.94 52wk Range $ 140.53 - $ 328.83 Volume 663K Avg Vol 36M Gross Margin 59.18 % Dividend Yield 0.26 % Meanwhile, a search revenue-sharing deal with Apple helps cover most of the rest, making Google the gateway to the internet for most people. At the same time, the company can better monetize search than anyone else through its vast ad network, which can equally serve everyone from large global clients to local mom-and-pops. While artificial intelligence (AI) is changing the landscape, Alphabet has embraced the technology. It's created its own world-class large language model (LLM) in Gemini, which it is embedding throughout its products, including Google Search. New features like AI Mode and AI Overviews are helping drive queries and revenue, while its stand-alone Gemini app is also gaining a lot of traction. At the same time, Alphabet has als...

US President Donald Trump on Tuesday accused Nicolas Maduro of imitating his dancing, among other crimes, as he celebrated the capture of the Venezuelan leader in a freewheeling speech to Republican lawmakers. Trump’s comments come after a New York Times report that Maduro’s regular public dancing in defiance of US threats convinced White House officials that it was time to act. “He gets up there and he tries to imitate my dance a little bit,” Trump told lawmakers at the Kennedy Centre in Washington – which was recently renamed the Trump-Kennedy Centre by his hand-picked board. Advertisement “But he’s a violent guy, and he’s killed millions of people. He’s tortured. They have a torture chamber in the middle of Caracas that they’re closing up.” Venezuela’s President Nicolas Maduro dances during a rally in Caracas in December. Photo: AFP Trump did not give further details about the alleged torture chamber, or elaborate on his so-far vague plans for the United States to “run” oil-rich Venezuela following the fall of Maduro. Advertisement Leftist Maduro regularly appeared on stage dancing to a techno remix of his mantra “No War, Yes Peace” as US forces massed in the Caribbean in late 2025.

现货黄金日内涨幅达1.0%，报4493.47美元/盎司。

格隆汇1月7日｜现货黄金日内涨幅扩大至1.00%，现报4493.40美元/盎司。

Trump critic, George Conway, attends an event for the group Principles First off site of the RNC on day three of the convention at Pabst Best Place on July 17, 2024. Sara Stathas | The Washington Post | Getty Images George Conway, who was once married to a former adviser to the president before becoming a prominent anti-Trump voice, announced on Tuesday that he is running for a U.S. House seat in New York City, testing whether he can turn his strong social media following into votes in a crowded Democratic primary. Conway — who worked for years in New York City as an attorney but has more recently been living in Bethesda, Maryland — said he was spurred to run for Congress after a conversation with a friend about her frustration with some Democrats' decision to vote to end last year's government shutdown. Conway didn't want to challenge his congressman in Maryland, Rep. Jamie Raskin, who he said he loves, so the friend suggested he instead look at a seat in Manhattan that was soon to be vacant following the retirement of Rep. Jerry Nadler. Conway said he looked it up on Wikipedia, and realized it was his old stomping grounds. "It was like, huh, it's an open seat. This isn't crazy. I should think about this," he said in an interview. He relocated back to Manhattan a few weeks ago, he said. Conway joins a flood of Democrats looking to take over Nadler's seat. Among the candidates are Nadler protégé and state lawmaker Micah Lasher, school shooting survivor and advocate Cameron Kasky and Jack Schlossberg, the grandson of John F. Kennedy. In a campaign launch video, Conway, 62, positioned himself as a seasoned Trump foe whose extensive experience as an attorney would allow him to continue his yearslong fight against the president from Congress. "This is no ordinary time. And I will not be an ordinary member of Congress," he said. Conway, a former Republican who helped found the anti-Trump Lincoln Project, said that he doesn't want to be a career politician but felt that "...

Image source: The Motley Fool. Monday, September 30, 2024 at 10 a.m. ET Call participants President, Chief Executive Officer & Chief Climate Officer — Josh Weinstein Chief Financial Officer & Chief Accounting Officer — David Bernstein Need a quote from a Motley Fool analyst? Email [email protected] Takeaways Revenue -- Reached an all-time high of nearly $8 billion, representing an increase of $1 billion from the previous year. -- Reached an all-time high of nearly $8 billion, representing an increase of $1 billion from the previous year. EBITDA -- Set a new record at over $2.8 billion, surpassing prior year by $600 million and guidance by $160 million. -- Set a new record at over $2.8 billion, surpassing prior year by $600 million and guidance by $160 million. Net income -- Increased by more than 60% compared to last year, exceeding June guidance by $170 million. -- Increased by more than 60% compared to last year, exceeding June guidance by $170 million. Yield -- Same-ship yield rose 8.7% year over year in the quarter, 0.7 point above June guidance, and "driven by close-in strength in ticket prices as well as onboard and other spending" per Bernstein. -- Same-ship yield rose 8.7% year over year in the quarter, 0.7 point above June guidance, and "driven by close-in strength in ticket prices as well as onboard and other spending" per Bernstein. Per diems -- Improved at least 6% year over year, attributed to higher ticket prices and enhanced onboard spending in both North America and Europe. -- Improved at least 6% year over year, attributed to higher ticket prices and enhanced onboard spending in both North America and Europe. Occupancy -- European brands recorded occupancy growth of 5 percentage points compared to the third quarter of 2023. -- European brands recorded occupancy growth of 5 percentage points compared to the third quarter of 2023. Onboard spending -- Onboard per diems increased 6.7% year over year, an acceleration from the previous quarter. -- Onboard...

Mario Götze will go down in soccer history as the player who scored the winning goal that made Germany the 2014 FIFA World Cup champion. But he is also an increasingly seasoned angel investor. Companion M, Götze’s personal investment vehicle, now has a portfolio of more than 70 companies, two of which became unicorns in 2025 — Danish fintech Flatpay and German AI startup Parloa. But the athlete also learned some lessons along the way about vetting opportunities. “I only agree to invest if the startup and its founders check all the boxes,” he told TechCrunch. The boxes can be quite subjective at the stage at which Götze invests — typically pre-seed and seed rounds, with ticket sizes between €25k and €50k ($29k-$58k). To address this, Götze says Companion M “focuses on specific areas where we have built profound network and expertise.” Surprisingly, sports isn’t one of those areas — at least not directly. According to Götze, Companion M primarily focuses on B2B SaaS, software infrastructure and cybersecurity, as well as health and biotech. While that’s not sports tech per se, health and biotech are a natural niche for an athlete interested in human performance and wellness — and who has the freedom to pursue unconventional opportunities in those fields. In 2020, Götze made headlines for investing in German cannabis startup Sanity Group when most European institutional investors wouldn’t touch cannabis with a ten-foot pole. Since then, Germany has liberalized some aspects of its cannabis laws, creating tailwinds for the startup that claimed a 10% share of the German medical cannabis market in 2024. With cannabis still forbidden for athletes in competition, Götze will have to wait to try the stuff himself: the 33-year-old is still playing professionally at the top league level with German club Eintracht Frankfurt. But rather than waiting for retirement, he is taking cues from American athlete-investors such as NBA champion Kevin Durant. Götze is not the only active Euro...

格隆汇1月7日｜美联储在固定利率逆回购操作中总计接纳了10个对手方的25.82亿美元。

寒冷天氣警告｜清晨最低10.9度 創入冬以來新低 市民：冚咗3張被 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】寒冷天氣警告生效，天文台清晨錄得最低氣溫10.9度，創入冬以來新低。市區早上氣溫約10至11度。 荃灣西海濱不少人出動羽絨、戴上頸巾，寵物都要穿上衣服。也有人無懼寒風，繼續運動。天文台指受冬季季候風影響，未來一兩日早上會持續寒冷，日間天晴及非常乾燥，最高氣溫約17度。預計周末氣溫會稍為回升，但早上仍然清涼，有市民指要多穿幾件衣服保暖。 鄺小姐：「蓋了3張被，不願起床，太冷，已經醒來也不想動。」蘇先生：「早上有點冷，早上多穿了外套，我平日出來運動穿短褲。」吳小姐：「衣服都多穿了。（穿了多少件？）3件。」