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X @Bloomberg
Bloomberg· 2025-10-01 22:38
Funding Dispute - The Trump administration requested a pause in its legal dispute with Harvard University regarding over 20 亿美元 (billion) in research funding [1] Government Impasse - The US government funding impasse was cited as the reason for the requested pause [1]
Harvard Needs Closure With Trump, Summers Says
Bloomberg Television· 2025-10-01 20:44
Your home institution, if I can call it that, of Harvard, is back in the news. I'm not sure it was entirely out of the news, but it's certainly back in the news right now with reports that, in fact, the US government may be about to sign a deal. Give us a sense of how we should look at that deal.What is important in it and what is important for it not to be in it. I don't know what, if any, the deal is going to be. I think what's most important for Harvard, if it makes concessions to the government.Is assur ...
X @Forbes
Forbes· 2025-10-01 14:33
In this issue of Forbes Daily:- The first government shutdown since 2019 began after midnight on Wednesday- Trump said Harvard University will pay $500 million to settle its dispute with the federal government- Trump announced a direct-to-consumer website called “TrumpRx”Read more: https://t.co/o7ONhFSWGa ...
X @The Wall Street Journal
President Trump said his administration is “getting very close” to striking a deal with Harvard University that would see the Ivy League school pay about $500 million https://t.co/6bJLpcMQqB ...
X @Bloomberg
Bloomberg· 2025-09-30 21:14
President Trump says his administration was close to finalizing a deal with Harvard University on Tuesday. Listen to that and the latest stories on Bloomberg News Now. https://t.co/iE7zEcI1Ac ...
Trump Says US Is Close to Finalizing Deal With Harvard
Bloomberg Television· 2025-09-30 21:04
Secretary of Education Linda McMahon is so fantastic. And I guess we reached a deal with Harvard today. So we'll see how they do.All you have to do is paper and write. Linda. Yes, sir.Paper it out. I'll be grateful. It's going to have to do with something that's very important to everybody.You mentioned a deal for Mr. . President. What is that deal.Will they be paying you. Well, we're in the process of getting very close, and Linda is finishing up the final details, and they'll be paying about $500 million ...
X @The Wall Street Journal
The Trump administration has taken the first step toward debarring Harvard, a move that would make the university ineligible for federal funding https://t.co/2RgnjemDDc ...
X @Bloomberg
Bloomberg· 2025-09-29 20:36
HHS sais it is referring Harvard University for administrative suspension and debarment proceedings, a move that would exclude the school from entering into contracts with all government agencies or receiving federal funding https://t.co/cdTgY3JR1n ...
'Burning Our Future': MIT’s Rafael Reif Warns About Government Research Cuts
Bloomberg Television· 2025-09-21 12:00
Westin: This is a story about trees not growing to the sky, even if those trees are holding up an important part of the U.S. economy. President Trump has made no secret of his quest to cut funding to some of the nation's most prestigious universities. - We want money to go to all universities, not Harvard.There have $52 billion. - Harvard's voice is loud and clear. Westin: To date, much of the discussion has centered on the politics of it all, whether higher education has gotten too "woke" and whether it's ...
Unpacking crypto's potential could take digital assets mainstream, shape future of investing
Yahoo Finance· 2025-09-20 09:30
Digital Asset Market Growth - Hong Kong's digital-hub ambitions are being supported by regulatory clarity and new licensing regimes aimed at attracting digital asset investments [1][7][15] - A significant increase in private wealth management firms' allocations to digital assets is expected, rising from 2% to 6-10% over the next five years [2] - Institutional investors are increasingly recognizing cryptocurrencies as a legitimate asset class, with nearly 60% planning to allocate more than 5% of their assets to digital currencies [4] Institutional Participation and Market Dynamics - Greater participation from institutional investors is anticipated to reduce cryptocurrency volatility and enhance market stability [5][20] - The number of public companies investing in Bitcoin has increased by over 135% in the past year, with these companies now holding approximately 4.6% of all Bitcoin [22] - The launch of cryptocurrency ETFs has provided a secure and convenient way for investors to access digital assets, contributing to market liquidity [10][11] Regulatory Developments and Infrastructure - Hong Kong's government is enhancing its regulatory framework to support digital asset products, including stablecoin legislation and licensing for virtual asset exchanges [15][31] - The introduction of a stablecoin ordinance in Hong Kong marks a significant step towards establishing a regulated environment for digital finance [31][32] - The city's infrastructure is being developed to connect custody, stablecoins, and virtual asset licenses, which is expected to drive greater participation in the digital asset market [31] Market Performance and Investor Sentiment - The performance of cryptocurrency ETFs has been strong, with some posting monthly gains exceeding 53% amid rising asset prices [14] - Wealth management firms are responding to client interest in digital assets, with some planning significant allocations to decentralized finance hedge funds [26][29] - There is a shift in investor sentiment from skepticism to a fear of missing out on digital asset opportunities, indicating growing acceptance [29][30]