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US awaiting response from Iran over proposals for ceasefire deal, says Rubio The GuardianMarco Rubio says U.S. expects Iran response on peace deal 'today' CNBCMarco Rubio Melts Down at Reporter's ‘Stupid' Question The Daily BeastRubio Issues Fresh Threat to Iran Amid Stalled Peace Talks WSJ
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The country's exports surged and its trade surplus with the United States widened ahead of President Trump's scheduled visit next week to Beijing.
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Southern Republicans redistrict after Supreme Court rules, Dems lose big in Virginia NPRVirginia Democrats to appeal ruling against redistricting to U.S. Supreme Court NBC4 WashingtonTop House Democrat vows to go ‘all in' on 2028 gerrymandering push after Virginia setback CNNPlatner point
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European venture capital could be turning a corner according to law firm Proskauer, which has just revealed the findings of its latest survey of VC firms in the region.
The post European VC Fundraising Shows Signs of Rebound: Proskauer appeared first on AltAssets Private Equity News.
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China's exports jump 14% ahead of Xi Jinping-Donald Trump summit Financial TimesChina's Exports and Imports Set Records in April Amid High Energy Costs The New York TimesChinese Export Growth Rebounds as War Fails to Curb Trade Bloomberg.comChina April exports rebound strongly after sluggish March, trade surplus widens CNBC
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Venture capital investor Global Millennial Capital has pulled in $100m for its first IPO Opportunities Fund, five times the total it collected for its debut fund two years ago.
The post AI-powered VC investor Global Millennial Capital raises $100m for new fund appeared first on AltAssets Private Equity News.
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Hedge fund and opportunistic credit investor Corbin Capital Partners has raised $342m for a new fund targeting commercial litigation funding.
The post Corbin Capital collects $342m for commercial litigation finance fund appeared first on AltAssets Private Equity News.
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U.S. economy adds 115,000 jobs, a strong gain for an uncertain labor market The Washington PostThe Federal Reserve is quickly running out of reasons to cut interest rates CNBCPositive Jobs Data Met by Record Consumer Fear Bloomberg.comUS economy added 115,000 jobs in April, beating expectations Fox Business
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Product-led investing VC Mighty Capital has closed its third fundraise on $91m, more than three-times the amount it collected for its predecessor vehicle.
The post B2B tech investor Mighty Capital collects more than $90m for oversubscribed Fund III appeared first on AltAssets Private Equity News.
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 IRS fraud filters can trigger frustration for real taxpayers — including those ignore IRS letters. National Taxpayer Advocate details the challenges.
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Your life insurance monthly premium can start looking less and less appealing once you've retired. It's a scenario Dan Simon, a retirement planning adviser with Daniel A. White & Associates in Middletown, Del., has seen quite often, even with his own parents. "The cost of the insurance had risen to the point where it was getting unaffordable. They were wondering do we really need to keep this coverage now that the kids are all grown up?"
If you stop paying your premiums, you lose your life insurance coverage, and your heirs wouldn't get anything back for what you've paid in. If you cancel a policy that has cash value, a reserve of money built up in some types of life insurance, the insurer sends you a check for that amount, though it will be far less than the listed death benefit.
Over the past 20 years, a third option went mainstream: selling your policy to a company, a practice known as a life settlement, with the buyer getting the death benefit when you die.
SEE MORE Don't Fall for That Life Insurance Ad on TV
"It's kind of morbid when you think about it. A group buys boatloads of policies from people that have fallen on hard times and can no longer afford their insurance," profiting from the seller's death, says Simon. "In theory, they want you to die tomorrow. If you live another 20 years, it's a bad investment for them."
Selling a life insurance policy generally isn't a great deal for you either, and there are better alternatives worth exploring. Simon finds that people typically turn to selling a policy when they're desperate. Usually, it's because they've spent down their other retirement assets, or they might be dealing with high medical bills. "It's a measure of last resort, like taking a reverse mortgage. I rarely see them working out well for people, and they could en
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