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Sales at retailers rose in June as Americans bought more new cars and spent more online during Amazon's annual summer sales event, signaling steady growth in the U.S. economy.
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Carlyle AlpInvest has held the final close of Atom Fund II, its second vehicle focused on making single-asset continuation fund investments, at its $1.7bn hard cap - well above its $1bn target.
The post Carlyle AlpInvest hits $1.7bn hard cap for second dedicated continuation vehicle investment fund appeared first on AltAssets Private Equity News.
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North Carolina-based private equity firm LionLight Capital has sped to a $215m hard cap close of its debut fund in just ten weeks, picking up strong support for its strategy of targeting financial and professional services businesses.
The post LionLight Capital races to $215m hard cap debut fund close in 10-week raise appeared first on AltAssets Private Equity News.
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Sagard's credit arm has secured more than $1bn at the first close of its latest direct lending fund, putting it about halfway to its $2bn target.
The post Sagard Credit Partners tops $1bn at first close of third direct lending fund appeared first on AltAssets Private Equity News.
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America already tried permanent daylight saving time. It lasted less than a year. Could it work now? AP NewsWhy standard time is better for your health than daylight saving time The Washington PostHouse passes Daylight Saving Time bill. How would it impact sunrise, sunset times in Ohio WLWTAmerica tried permanent daylight saving time in the 1970s — and hated it NBC News
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Sen. Elizabeth Warren says the Trump administration's rollback of CFPB rules and enforcement has cost Americans up to $26.5 billion so far.
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HarbourVest Partners has named former Morgan Stanley Investment Management executive Brian Taranto as the first COO of its global private wealth business, as the private markets manager continues to expand its wealth platform.
The post HarbourVest creates global private wealth COO role with Morgan Stanley exec hire appeared first on AltAssets Private Equity News.
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France and Germany want to quit relying on America and China for key technology like artificial intelligence, but they're having to choose where to do it.
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Iranian American Woman Held in Iran on Spying Charges Is Released The New York TimesIran live updates: Iran releases 'wrongfully detained' US citizen, Trump says ABC News - Breaking News, Latest News and VideosIran releases American detainee amid escalating fighting with the U.S., Trump says AxiosTrump says Iran has freed a U.S. citizen as ge
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AI is a fast-growing business expense. Some companies are cutting costs by switching to cheaper Chinese AI models.
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Despite some encouraging signs, millions of Americans are still struggling with credit-card debt — sometimes to pay for the most basic needs.
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