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State media hails successful test in step towards reusable rocket technology for space flights
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Stock Market Today: Dow Futures Edge Up Ahead of SK Hynix Debut — Live Updates WSJChip giant SK Hynix raises $26.5 billion in blockbuster US share offering Yahoo FinanceSK Hynix hits the U.S. stock market as demand for memory chips soars amid AI frenzy WRALMeet SK Hynix, the trillion-dollar South Korean chipmaker debuting on U.S. markets CNBC
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Also in this newsletter: IEA urges Brussels to reconsider its opposition to Arctic oil and gas exploration
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Live updates: Iran's slain leader buried after days of strikes rock Middle East CNNUS-Iran war: Will peace talks ever resume, and when? Al JazeeraTanker Attacks Risk Overplaying Iran's Hand, Analysts Say The New York TimesUS renews strikes on IRGC; Iran vows retaliation as peace, ceasefire stall Fox News
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Trump denies this Congress what could be its last major bill signing ceremony The Washington PostThe Housing Crisis The New York TimesLive updates: Trump decision looms on housing affordability bill NBC NewsSweeping bipartisan housing bill could become law without Trump's signature MS NOW3 reasons the 21st Century ROAD to Housing Act matte
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Stock futures dip after chip-led rally; investors await SK Hynix U.S. debut: Live updates CNBCChip giant SK Hynix raises $26.5 billion in blockbuster US share offering Yahoo FinanceSouth Korean chipmaker set for marquee U.S. trading debut in test for AI appetite NBC NewsA once-obscure chip maker has landed the largest US listing by a foreign company CNN
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U.S. and Iran exchange intensifying fire across Mideast, threatening ceasefire deal NPRUS, Iran tensions remain high amid Strait of Hormuz standoff. Updates USA TodayUS renews strikes on IRGC; Iran vows retaliation as peace, ceasefire stall Fox NewsTrump says Iran called to make a deal after U.S. strikes; adds it's unclear if war is back on CNBCAs U.S. Steps Up Attacks on I
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Traders can only hope South Korea-style turbulence won't be imported to Wall Street.
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As concert promotion became increasingly corporate, Louis Messina built a different kind of company—one rooted in personal relationships, artist autonomy, and long-term trust.
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Delta is the first of the U.S. airlines to report second-quarter results.
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Impax Asset Management has appointed former UBS Asset Management executive Andrew Morris as co-head of private equity infrastructure.
The post Impax hires former UBS infrastructure head Andrew Morris as co-head of private equity infrastructure appeared first on AltAssets Private Equity News.
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Trump's proposed triumphal arch clears another key hurdle The Washington PostTrump's proposed 250ft Washington arch clears key planning hurdle The GuardianNational Capital Planning Commission gives preliminary approval to Trump's arch KOMOA few people have played a big role in 'jamming through' Trump's arch, critics say NPR
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Volkswagen sales plunge as German automaker lays out plan to slash number of brands AP NewsSee more headlines & perspectives on Google News
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Low-cost airline says offer ‘delivers a superior outcome for easyJet shareholders'
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Delta Air Lines' profit dropped as the air carrier absorbed the highest quarterly fuel expense in its history.
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Exclusive | Record Companies Push to Label AI Songs on Streaming Platforms WSJRecord industry proposes AI labeling system for streaming platforms Music Business WorldwideRIAA, IFPI & More Come Together to Create System for Tagging AI-Generated Songs BillboardMusic industry bodies reveal plans for AI-music labelling system Music AllyTIDAL Says AI Music Can Stay, But It Won't Get Paid eCoustics
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South Korea's SK Hynix raises $26.5bn in record-breaking US IPO Al JazeeraA once-obscure chip maker has landed the largest US listing by a foreign company CNNSK Hynix set for marquee US debut in test for AI appetite ReutersWill SK Hynix's Wall Street debut nar
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The U.S. men's soccer team once again didn't make it past the Round of 16 in the World Cup — and some say the high cost to play youth soccer in America could be a key reason.
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Goldman Sachs is the latest firm to restrict how employees use the popular betting platforms.
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Personal bankruptcy filings surged 47% between 2022 and 2025. Here's what you should do before deciding to file.
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AI is no longer just a technology strategy. It is now a trust test for every leader.
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"My house shook violently from the wind."
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Chip stocks boost global markets ahead of SK Hynix blockbuster US debut ReutersDow slides more than 570 points as oil spikes and Trump threatens another attack on Iran: Live updates CNBCStock market today: Dow, S&P 500, Nasdaq rise as chip stocks rebound, oil prices fall Yahoo FinanceUS stock markets fall amid Iran strikes and potential higher interest rates The Guardian
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Mérieux Equity Partners has hit a €335m first close for its fifth healthcare buyout fund, reaching more than half of its €600m target just four months after launching the vehicle.
The post Mérieux Equity Partners more than halfway to Fund V target through €335m first close appeared first on AltAssets Private Equity News.
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US and Iran exchange intensifying fire across Mideast, threatening ceasefire deal AP NewsSee more headlines & perspectives on Google News
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Terry and Andy Kurth are the father-son team behind Weed Man's largest multi-unit franchise ownership group.
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The global continuation fund market is on course to more than triple in size over the next decade - reaching more than $330bn in annual transaction volume by 2035 - as structural changes in private equity increasingly favour GP-led transactions over traditional sponsor-to-sponsor exits, according to new research from Schroders Capital. The firm's latest continuation […]
The post Schroders Capital predicts continuation market will exceed $330bn by 2035 as GP-led deals reshape PE appeared first on AltAssets Private Equity News.
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The German automaker has struggled to compete with fast-growing Chinese companies that offer more affordable and sophisticated electric vehicles.
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What to know about 'explosive diarrhoea' parasite outbreak in US BBCHow to Stay Safe From Cyclospora, a Parasite Causing Severe Intestinal Illness The New York TimesDiarrhea-causing cyclosporiasis exceeds 1,000 cases in U.S. What Californians should know Los Angeles TimesAn outbreak of diarrhea caused by a parasite has hit at least 1,400 people. Here's how to stay safe CNN
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Days after announcing mass layoffs, Xbox CEO Asha Sharma tapped to advise the Federal Reserve on jobs EngadgetKevin Warsh names members of his Federal Reserve task forces, including Marc Andreessen, Doug McMillon CNBCFed Names VC Marc Andreessen, Ex-Walmart CEO Doug McMillon to Warsh's Task Forces WSJ
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Trump Pushes Out Remaining Members of Bipartisan Election Commission Ahead of Midterms ProPublicaTrump fires last members of election commission, inciting fears of midterm ‘chaos' The GuardianTrump fires Election Assistance Commission members ahead of midterms YahooTrump fires Election Assistance Commission leaders CNNTrump Fires Democrats on Election Commission, Republican Resigns
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After decades of drawing in tens of thousands of new residents, Jersey City has suddenly found itself teetering on the financial brink.
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Fed chief taps Trump ally Marc Andreessen to advise on how AI reshapes work The Washington PostKevin Warsh names members of his Federal Reserve task forces, including Marc Andreessen, Doug McMillon CNBCFed Names VC Marc Andreessen, Ex-Walmart CEO Doug McMillon to Warsh's Task Forces WSJFed Chairman Warsh announ
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Kylian Mbappe downplays ankle injury after France secure World Cup semifinal spot: 'Everything is OK' CBS SportsFrance's Kylian Mbappé allays any World Cup injury concern: 'I'm all good' ESPNThe World Cup Vibes Had Gone Down, Down, Down. Then Came a Knockout I Almost Couldn't Handle. Slate MagazineEmmanuel Macron cheers Les Bleus. So does Jordan Bardella. Politico
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Trump fires federal election commissioners ahead of midterms NBC News‘Incredibly irresponsible': Trump fires leadership of key federal voting assistance commission Democracy DocketTrump Terminates Election Assistance Commission Members U.S. News & World ReportTrump fires all commissioners of federal election agency Votebeat
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The last post the tech executive made on the platform was on July 5, 2023, making his return particularly notable.
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Nascent platforms such as Kalshi and Polymarket pose challenges to compliance policies at heavily regulated banks
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TIFF Investment Management has strengthened its private markets capabilities with the appointment of Andrew Murray and Stephen Grau to lead a new dedicated private equity secondaries practice.
The post TIFF hires secondaries specialists to expand private markets platform appeared first on AltAssets Private Equity News.
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About 145 million American adults say that they own or have owned cryptocurrency. Statistically, that's more than half of your co-workers, neighbors and friends.
It's also about the number of Americans who own stocks.
Even though it's not regulated by a government agency, cryptocurrency is becoming mainstream. However, President Biden recently signed an executive order to address cryptocurrency risks with a whole-of-government approach that could make cryptocurrency even more attractive to investors as well as traditional banks and credit unions.
SEE MORE Crypto Has Been Through the Wringer in 2022: What Now?
For the near term though, cryptocurrency remains a volatile, speculative asset that will likely continue its gut-wrenching booms and busts. That's not to say that cryptocurrency doesn't belong in a well-diversified portfolio, but I recommend that my clients first educate themselves about cryptocurrency before deciding whether or not to invest.
As Warren Buffet said about investing in cryptocurrency: "I get into enough trouble with the things I think I know something about. Why in the world should I take a long or short position in something I don't know about?"
Here are some important concepts to get comfortable with.
How Cryptocurrency Works: The Basics
Say you order a new set of patio furniture online. A credit card company or p
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Congress is on a bit of a roll these days. Despite deep political divisions within the country, they've managed to send several major bills to the president's desk so far this year addressing semiconductor manufacturing, veterans' benefits, gun safety, climate change, and more. And they might not be done yet. Lawmakers in Washington are currently considering two separate bills that would make substantial changes to how Americans save for and are taxed in retirement. And one of the major areas of focus in these bills is reforming RMDs (i.e., required minimum distributions).
The SECURE Act, which was enacted in 2019, extended the age at which you must start taking RMDs from 70½ to 72. That was a big boost for seniors, who can now keep money in their tax-free retirement accounts longer. But that wasn't enough help for retirees in the eyes of many lawmakers. So, as soon as the ink was dry on the SECURE Act, a few key members of Congress began planning additional legislation to help more people save for retirement and hold on to their money longer in retirement.
Those efforts resulted in two bills that are now before Congress: the SECURE Act 2.0 and the EARN Act. The SECURE Act 2.0 was passed by the House of Representatives in March with a 414 to 5 vote. The EARN Act was introduced in the Senate in September. Both bills would make significant changes to RMDs, but there are differences in the two bills' RMD provisions.
SEE MORE The Basics of Required Minimum Distributions: 12 Things You Must Know About RMDs
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