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A new AT&T survey found that members of Generation Z are the biggest Black Friday shoppers, while older generations shop closer to Christmas.
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Kester, a sector-focused private equity firm, has completed the first and final close of its fourth fund, Kester Capital Fund IV, at its hard cap of £425m. The four-month fundraise was materially oversubscribed, resulting in a single close driven by strong demand from both existing and new institutional investors. Fund IV marks a significant increase […]
The post Kester concludes first and final close of Fund IV at £425m hard cap appeared first on AltAssets Private Equity News.
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Investors and regulators now expect proof that your AI is trustworthy. Here's how founders can build audit-ready processes before the questions start.
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VTG, a leading provider of national security solutions, has announced the acquisition of Miklos Systems. Founded in 1993, MSI has built a strong reputation for delivering full software lifecycle development, cloud services, cybersecurity, data science, and systems engineering to mission-critical programs across the Intelligence Community (IC). H.I.G. Capital, a leading global alternative investment firm with […]
The post Deal Roundup: VTG acquiries Miklos Systems, H.I.G Capital set to sell Project Informatica appeared first on AltAssets Private Equity News.
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Trump wants a bigger White House ballroom. His architect disagrees. The Washington PostMichelle Obama gives harrowing nine-word response to Trump's destruction of the East Wing The IndependentMichelle Obama Sums Up Donald Trump's East Wing Demolition In 6 Words HuffPostMichelle Obama Shares How She ‘Felt in Her Body' Watching the East Wing Being Demolished People.com
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Huge Fire Engulfs Apartment Buildings in Hong Kong The New York TimesHong Kong fire engulfs high-rise housing estate, killing at least 4 NBC NewsAt least four killed as major fire engulfs Hong Kong apartment blocks BBCDeadly fire engulfs Hong Kong apartment blocks BBCFire rages through bamboo scaffolding at Hong Kong high-rise residential complex, killing 4 AP News
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A Major Moment for the British Economy: What to Watch in the U.K. Budget The New York TimesBudget 2025 live updates: Rachel Reeves to outline tax and spending changes BBCAutumn Budget 2025: The UK prepares for 'smorgasbord' of tax hikes CNBCLabour's budget will probably focus on short-term survival The Economist
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Isas, cars and pensions - how the Budget affects you and your money BBCBudget 2025: key points at a glance The GuardianBudget 2025: Key measures in UK's Reeves tax-heavy budget ReutersUK government borrowing costs seesaw as official economic forecasts released early CNBC
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World stocks climb after Wall Street rallies on hopes for lower interest rates AP NewsView Full Coverage on Google News
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Pope Leo takes message of peace to Middle East on first foreign visit. Here's what to know CNNPope Leo to Visit Turkey and Lebanon The New York TimesPope Leo's trip to Middle East will stress, and test, interfaith ties The Washington PostPope's Visit Is a Blessing for Lebanon's Forgotten Psychiatric Patients U.S. News & World ReportPhotos show Christian landmarks in Lebanon ahead of the pope's visit
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The U.S. produces a lot of food waste. This place wants to address it NPRView Full Coverage on Google News
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Poco partners with Bose to put a subwoofer in its latest phone theverge.comPoco F8 Pro and F8 Ultra in for review - GSMArena.com news GSMArena.comThis Snapdragon 8 Elite Gen 5 phone has a denim-like back and a Bose rear speaker Android AuthorityIs This The Most Value For Money You Can Get In A Smartphone? Medium
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Asian Stocks Set to Extend Gains on Fed Cut Hopes: Markets Wrap Bloomberg.comStock market today: Dow, S&P 500, Nasdaq rally for 3rd day as Fed rate cut hopes grow, Apple and Alphabet notch records Yahoo FinanceSuddenly, the Fed interest rate cut in December looks like it is very much back on the table FortuneStocks climb on hopes for lower interest rates as Dow rallies 660 points AP News
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Bill Cosby has saved at least one of his New York City homes from foreclosure—after selling the historic townhouse less than two months after he put it on the market.
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Abercrombie & Fitch's namesake banner is slowing down, but revenue is ramping up at Hollister, its teen-focused brand.
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HIG Capital has agreed to sell Italian IT operator Project Informatica to EMK Capital. The company completed seven acquisitions during HIG's ownership and quadrupled its revenues, the firm said.
The post Deal Roundup: HIG Capital sells Project Informatica to EMK Capital, Truelink sells Koch Filter in $450m deal appeared first on AltAssets Private Equity News.
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Australian Senator Suspended for Burqa-Wearing Stunt in Parliament The New York TimesFar-right Australian senator suspended from Parliament for wearing burqa in protest PBSAustralian Senate erupts in anger after far-right lawmaker arrives wearing burqa NBC NewsAustralia senator suspended after burka stunt in parliament BBC
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New limits for rent algorithm that prosecutors say let landlords drive up prices NPRNew limits for a rent algorithm that prosecutors say let landlords drive up prices ABC NewsGiant landlord settles with California for colluding on rents in L.A. and elsewhere Los Angeles TimesRealPage Agrees to Settle Federal Rent-Collusion Case The New York Times
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The chipmaker quietly circulated a private memo to analysts that explicitly name-checked investor Michael Burry and pushed back on many of his claims.
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The producer price index was expected to increase 0.3% in September, according to the Dow Jones consensus estimate.
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The investment world is "expecting far more economic importance out of this technology than is likely to be provided," Burry's associate portfolio manager said.
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The rise of leveraged hedge fund strategies means more trades conducted by phone or messaging
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Campbell Soup exec called products food for ‘poor people': Lawsuit The HillCampbell's executive says products are for poor people, mocks Indians, lawsuit claims The Washington PostCampbell's Defends Its Ingredients After Chicken Controversy The Wall Street JournalCampbell's defends its soup,
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West Virginia Sen. Jim Justice agrees to pay nearly $5.2 million in overdue personal taxes CBS NewsSenator Agrees to Pay Over $5 Million in Back Taxes to I.R.S. The New York TimesSen. Jim Justice, wife to pay $5 million in back taxes to settle IRS suit The Washington PostSen. Jim Justice and his wife sued for, agree to pay $5 million in unpaid taxes from 2009
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The company is investigating a discrimination complaint brought by a former employee claiming he was fired after reporting the executive's behavior.
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While investors debate which company will win in the AI chip market, a Bernstein analyst says the question is more about whether or not the market is still growing.
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It's an attempt to revamp the footwear retailer amid a sales slump.
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Sullivan Street Partners has sold UK civil engineering and and electrification transport infrastructure specialist Octavius Infrastructure to RSK Group.
The post Deal Roundup: Sullivan Street sells Octavius Infra to RSK, Accession Capital Partners backs Agrova appeared first on AltAssets Private Equity News.
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European and Asian markets fall after Nasdaq and S&P 500 sink on Thursday amid concerns over AI valuations
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Brookfield has agreed to buy the 26% stake in Oaktree Capital it does not already own in a roughly $3bn deal.
The post Deal Roundup: Brookfield to take full control of Oaktree through $3bn stake buy, Sentinel sells NSI HVAC arm for $550m appeared first on AltAssets Private Equity News.
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Initial claims for unemployment insurance were expected to total 235,000 for the week ending Sept. 20.
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Is it true that many young professionals don't know how to save money?
I recently had dinner with an old college friend. I was expecting to catch up on friends, family and our careers, but it was clear he wanted some basic financial information.
Knowing I advise young professionals on their finances, he zeroed in on the following questions: "How much should I save, and how do I know if my savings plan is on track?"
SEE MORE Millennials Want a Different Kind of Retirement
Many highly talented and bright young individuals - often earning six figures, receiving an annual bonus and holding stock options - often struggle with how to spend and save their money. My advice is to develop a process that focuses on three fundamental ideas that anyone can use.
Control Savings and Spending by Paying Yourself First
Putting together a budget and tracking spending are useful tools - but they can be tedious and hard to sustain. Instead of starting with expenses, I begin by allocating the desired amounts of money to various savings and investment accounts.
I set up automated contributions to my 401(k) retirement account, Roth Individual Retirement Account (IRA) and after-tax brokerage accounts. Once that money is set aside, I have total peace of mind knowing I can afford to spend what's left and still be on track to hit my financial goals.
If, like me, you make the majority of day-to-day purchases on your credit card, another easy way to spot-check spending is making sure you can pay your credit card bill in full each month without tapping your savings.
Don't get me wrong - developing a detailed budget is a valuable exercise when done periodically. And it's parti
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