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Alpaca Real Estate has completed the final close of its inaugural fund on about $223m, joining a select group of first-time real estate managers to secure institutional backing in what remains a difficult fundraising environment for emerging GPs.
The post Alpaca Real Estate closes $223m debut fund as AI-driven platform wins institutional backing appeared first on AltAssets Private Equity News.
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London-listed supplier to UK and US nuclear submarines has received bids from buyout firms
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At Least Six Reported Dead in School Shooting in Thailand The New York TimesThailand shooting: Seven killed as teen opens fire at home and school near Bangkok BBCThai teen kills 8 in rampage at home and school before shooting himself ReutersStudent kills at least 6 in a shooting at a high school in Thailand, authorities say AP NewsThailand school shooting: teen suspect shot grandparents before killing several others, police say - latest update
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Iran says Hormuz deal with Oman won't fully reopen strait The Washington PostIran war live: Trump says war can't ‘go much longer'; Hormuz deal close Al JazeeraLive updates: Iran says Hormuz deal is close but US must meet commitments before strait reopens CNNOil rises on concerns over Strait of Hormuz reopening plans Reuters
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Detectives say Spokane fire suspect confessed to planning 'powerful, beautiful' blaze weeks in advance The Spokesman-ReviewSpokane wildfire arson suspect waited for dry, windy day to start blaze, police say BBCCourt records: Arson suspect admits to setting Old Trails Fire, 25 other fires since last summer KREMSheriff responds to questions as evacuation frustrations grow KXLY.com
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AI used to create viruses not found in nature for first time Al JazeeraThis A.I. Just Created Viruses Not Found in Nature The New York TimesSafety fears as scientists make first viruses designed by AI The GuardianThe Latest Scary-Sounding AI Milestone: A Brand-New Virus WSJ
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Live coverage: Tennessee's August primary election Tennessee LookoutBlackburn Wins Republican Nomination for Tennessee Governor The New York TimesLive results: Tennessee gubernatorial primary election 2026 The Washington PostTennessee voters pick candidates for governor and congressional seats in midterm primary NBC News
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McConnell discharged from rehab center, will continue recovery at home The Washington PostMitch McConnell Discharged From Rehabilitation Facility The New York TimesMcConnell says he's been discharged from rehab center and will continue recovery at home CNNSen. Mitch McConnell discharged from rehab center following hospitalization in mid-June NBC NewsMitch McConnell returns home weeks after hospital admission sparked health speculation
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Horoscope for Friday, August 07, 2026 Chicago Sun-TimesHoroscopes Today, August 7, 2026 USA TodayYour Daily FinanceScope for August 07, 2026 YahooDaily Horoscope: August 7, 2026 VICEToday's
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Yen intervention illustrates the dangers of monetary experiments ft.comOpinion | The Real Reason Behind Trump's Yen Intervention The New York TimesThe US helping Japan prop up the yen shows why the dollar is so hard to replace, Goldman Sachs says Business InsiderA 'weaponized' yen: How the U.S.-Japan intervention may reshape global currency markets CNBC
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Trade remains resilient in world's second-largest economy
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Meta Ordered to Pay $567 Million in New Mexico Child Safety Case The New York TimesMeta told to pay another $567m in New Mexico child safety lawsuit BBCNew Mexico court orders Meta to pay $567m over harms to children's mental health The GuardianMeta Ordered to Pay $942 Million to Address Harm to Kids From Social Media WSJMeta ordered to pay almost $1bn over child safety failings Sky News
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KKR has raised $19.2bn for its biggest-ever infrastructure investment fund as investor demand for critical infra continues to accelerate - particularly around digital infrastructure, energy transition and electrification.
The post KKR closes record $19.2bn infrastructure fund as firm's infra platform nears $120bn appeared first on AltAssets Private Equity News.
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Young families are striving to do better but struggling with costs of living, including expensive childcare.
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In Upset, Andy Ogles Loses to a Republican Challenger in Tennessee The New York TimesLive results: Rep. Andy Ogles falls to GOP challenger in Tennessee primary The Washington PostTrump comes up short with Ogles in Tennessee: 3 takeaways from Thursday's primaries thehill.com
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Live Updates: Trump Targets Birthright Citizenship Again in New Executive Orders The New York TimesTrump again tries to curb birthright citizenship and ‘birth tourism' through executive action CNNAfter Supreme Court loss, Trump again targets birthright citizenship with new orders Los Angeles TimesACLU blasts Trump's new orders on birthright citizenship, saying they are doomed to fail in court- as it happened The Guardian
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Astronomers capture highest-resolution image ever of the Sun's surface Physics WorldUbiquitous Kelvin-Helmholtz instabilities driving plasma mixing on the Sun NatureNSF Inouye Solar Telescope Enables Major Discovery of a Hidden Solar Process - NSO NSO - National Solar ObservatoryMost detailed images ever taken of sun's surface revealed: "Major step forward" CBS News2026 August 6 - New Sharpest Image of the Sun Uncovers Instability NASA (.gov)
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Trump again tries to limit US birthright citizenship with new executive orders BBCTrump again tries to curb birthright citizenship and ‘birth tourism' through executive action CNNTrump again tries to restrict birthright citizenship after Supreme Court ruling dallasnews.comACLU blasts Trump's new orders on birthright citizenship, saying they are doomed to fail in court- as it happened The GuardianTrump Signs Executi
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Trade Desk's growth struggles deepened in the second quarter, as the company posted an earnings and revenue miss combined with disappointing guidance.
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Trump signs executive orders in effort to limit US birthright citizenship and target so-called ‘birth tourists'- live theguardian.comTrump again tries to curb birthright citizenship and ‘birth tourism' through executive action CNNTrump issues new executive orders aimed at birthright citizenship after Supreme Court ruling CBS NewsTrump again limits US birthright citizenship with new executive orders BBCLive Updates: Trump Targets Birthright Citizenship Again in New Executive Orders The
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Paramount-WBD Deal Endorsed By Lionsgate CEO Jon Feltheimer: "Uncertainty Is The Worst" DeadlineOpinion | David Ellison: In Defense of the Paramount-Warner Deal The New York TimesThe Ellison Doctrine puck.newsParamount's Precipice: How David Ellison Could Salvage $111B WBD Merger (Hint - Call Kamala) DeadlineParamount, Warners Bros. Staffers In Limbo and Denial as Merger Deal Drags On The Hollywood Reporter
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The new fraud nightmare: losing money twice.
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2026 NFL Hall of Fame Game Recap: Immediate fantasy football takeaways from Panthers vs. Cardinals PFFHall of Fame Game score, Haynes King walk-off TD wins it for Panthers Canton RepositoryPanthers-Cardinals takeaways: Haynes King stars with walk-off TD in HOF game The New York TimesQB Carson Beck to start for Cardinals in Hall of Fame Game espn.comHow to watch: Cardinals vs. Pan
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After U.K. Approval of Paramount-WBD Deal, European Media Leaders Rally Behind David Ellison: ‘The Industry Will Be Stronger' VarietyBritain clears $110 billion Paramount-Warner Bros. merger CNNParamount-Warner Deal Cleared by UK Antitrust Watchdog Bloomberg.comU.K. clears Paramount-WBD deal AxiosU.K. Waves Through $81 Billion Paramount-Warner Bros. Deal WSJ
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Flesh-eating bacteria has killed 5 in Louisiana this year, officials say cbsnews.com5 dead, 9 hospitalized in La. vibrio bacteria outbreak fox8live.comWhat to Know About the ‘Flesh-Eating' Bacteria That Killed Someone in Florida Time Magazine5 dead, 4 hospitalized from Vibrio, a flesh-eating bacteria found in coastal Louisiana waters nola.com
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Fox has decided not to renegotiate its current TV deal with the NFL until the expiration of the league's opt-out clause in 2030, said CEO Lachlan Murdoch.
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At Indiana University, a group of undergraduates is managing real institutional money and pulling in returns most pros would envy.
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HHS proposes cutting many federal education and health guidelines for Head Start The Washington PostTrump Administration to Deregulate Head Start, Antipoverty Program Created Under R.F.K. Jr.'s Uncle The New York TimesHead Start regulations to be overhauled by the Trump administration KATUTrump administration moves to deregulate Head Start, opening door for sweeping change NPR
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Let's all agree that, going forward, we'll stop saying that Social Security will "run out of money" in 2032.
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Jaylen Brown Says He, Jayson Tatum Haven't Talked Since 76ers Trade, Talks Relationship Bleacher ReportJaylen Brown says trade to Sixers has been 'crazy transition' espn.comJaylen Brown details bumpy Celtics exit, relationships with Jayson Tatum, Joel Embiid in 76ers introduction CBS SportsGrant Williams explains relationship dynamic between Jayson Tatum, Jaylen Brown boston.com
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Most marketing budgets go stale because they fund last year's winners forever — here's the 70/20/10 split that keeps yours sharp.
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IRS workers group joins Jan. 6 ‘slush fund' suit, seeking to block Trump audit carve-out NBC NewsFirst legal challenge to Trump's IRS immunity deal filed MS NOWJustice Department Sued Over Trump IRS Audit Immunity Shield bloomberg.comLawsuit Takes Aim at Deal Granting Trump Sweeping Tax Protections The New York Times
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No one knows what Congress will do if Social Security's trust fund were actually to be depleted.
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Rejecting strong job seekers with noticeable flaws is a common misstep. Do this instead.
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Fox advertising revenue increased 78% during the quarter primarily due to the FIFA Men's World Cup and growth at ad-supported streaming service Tubi.
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Versant noted revenue growth in its platforms business, which includes Fandango and GolfNow, and now, the recent acquisition of Full Swing.
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Tubi's World Cup streaming resulted in two of the highest traffic days in its history
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Move to impose levy on returns from policies that serve as investment products causes consternation in Hong Kong
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Eli Lilly now expects 2026 revenue to come in between $85 billion and $87 billion, up from a previous guidance of $82 billion and $85 billion.
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The S&P 500 rose 1.8 percent, pushing past its previous peak at the start of June and capping a big turnaround from a recent sell off in technology stocks.
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In an unprecedented step, European nations said they would boycott the World Cup unless FIFA reverses a controversial deal to sell minority stakes to the marquee soccer tournament.
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The numbers $60.8 billion: Meta's Q2 revenue, up 28% year over year (YoY). $59.36 billion: Quarterly ad revenue, above analyst estimates of $59.07 billion. Meanwhile, the average price per ad […]
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Coca-Cola said demand for its drinks rose in every market in the second quarter, helped in part by the World Cup.
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Oil prices surpassed $100 a barrel last week. NPR's Ayesha Rascoe speaks to Bob McNally, founder of the research firm Rapidan Energy Group, about how the Iran war is disrupting oil supplies.
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 Topic: RobocarsTags: forbes
Tesla is running their full robotaxi system from Austin in the Bay Area, with safety driver behind the Wheel. Uber got threatened for less, what will the DMV do?
Read more at Forbes.com in First Tesla Robotaxi Rides In California May Risk DMV Shutdown
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Any sale would leave Dana focused on passenger cars and trucks, making it potentially attractive for other automotive suppliers.
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Too many young professionals are leaving Uncle Sam an enormous tax gratuity. How are they doing this? By not taking full advantage of the triple tax benefits of a health savings account. I've yet to meet anyone who wants to pay more taxes. Many do not mind paying their fair share, but they do not want to leave a tip.
SEE MORE ‘I Can't Retire - I Need Health Insurance'
An early to mid-career professional with a high-deductible health plan (HDHP) could be missing out on six figures of lifetime tax savings. With open enrollment for health insurance around the corner, it's time to understand and utilize the benefits of your HSA.
What Qualifies as a High-Deductible Plan?
For 2023 a high-deductible health plan is defined by the IRS as one with a deductible not less than $1,500 for self-only coverage or $3,000 for family coverage, and for which the annual out-of-pocket expenses do not exceed $7,500 for self-only coverage or $15,000 for family coverage. Healthy young professionals are prime candidates for an HDHP. That is because many of them need minimal medical care; they visit the doctor annually and have no or few drug prescriptions.
Because their medical expenses are low, money contributed to a health savings account can be used to generate significant tax savings while also building a large health care nest egg.
What Are the Triple Tax Benefits of HSAs?
Contributing to a health savings account provides a triple tax benefit:
First, anyone who
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After two years of a red-hot market, it's time real estate and mortgage professionals get ready for what could be a slowdown in their business.
Earlier this summer housing prices were on fire. Now there is talk of a "housing recession." Due in part to higher mortgage rates and more people vacationing this summer, U.S. existing home sales fell in July for the sixth straight month, the longest streak of declines in more than eight years.
SEE MORE Is Your Job Burning You Out?
One of my clients in the Midwest put his home up for sale recently and has had no interested buyers - none. A few months ago, we were certain it would sell in days. The plan was to sell the house and pay off their construction loan on their new home before it converted to a permanent mortgage. Now, that plan may need to change.
Several mortgage companies have already let go thousands of employees, and one company, Sprout Mortgage, based in East Meadow, N.Y., shut down in early July. Real estate brokerage companies, such as Compass and Redfin, have also slashed their workforce.
Real estate is cyclical, and while sales will not totally dry up, anyone tied to the industry should get their finances in order now in case the current downturn lasts another several months.
Here are a few moves to consider:
Build an Emergency Fund Twice as Big as a Salaried Worker's
No one wants to get caught borrowing money to pay their bills. While putting away enough money in a savings or money market account to cover six months of expenses is normal, it's best to plan for a longer period if you work in a cyclical industry.
Consider keeping six to 12 months of r
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Investors scooped up shares of beaten-down materials and transportation stocks; BP's new CEO hoped to profit from wind and solar power, and the steps taken to bring fun back into friendships.
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