Business

02 Sep

Why Apollo CEO Marc Rowan says the traditional investing model is ‘broken’

MediaCatalystBusiness
Why Apollo CEO Marc Rowan says the traditional investing model is ‘broken’ Investors seeking diversification will need to start turning to the rapidly expanding private markets, Apollo Global CEO Marc Rowan says . Rowan and Apollo are at the forefront of a tectonic shift in the investing landscape . Apollo, Blackstone and KKR together now have more than $2.6 trillion of assets under management, more than quadruple what they held a decade ago . Read full story: Source
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02 Sep

Alternative asset manager Blue Owl is playing to a broader investor audience as private markets go mainstream

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Alternative asset manager Blue Owl is playing to a broader investor audience as private markets go mainstream Alternative asset management firm Blue Owl Capital is sponsoring tennis player Taylor Townsend . It's part of a broader effort to bring alternative asset managers out of obscurity . Brand awareness is a relatively new concept for the 50-year-old world of alternative assets . Read full story: Source
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02 Sep

There’s a ‘golden opportunity’ to pay 0% capital gains under Trump’s ‘big beautiful bill,’ experts say

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There's a ‘golden opportunity’ to pay 0% capital gains under Trump’s ‘big beautiful bill,’ experts say For 2025, you qualify for the 0% long-term capital gains rate if your taxable income is $48,350 or less for single filers . You calculate taxable income by subtracting the greater of the standard or itemized deductions from your adjusted gross income . If you sell investments, those gains count toward taxable income for the bracket . Read full story: Source
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02 Sep

Klarna aims to raise up to $1.27 billion in U.S. IPO

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Klarna aims to raise up to $1.27 billion in U.S. IPO Swedish fintech firm Klarna is looking to raise up to $1.27 billion in its long-awaited U.S. initial public offering . Klarna plans to offer 34,311,274 ordinary shares priced between $35 and $37 each . The offering will value the company at $14 billion, according to CNBC calculations . Read full story: Source
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02 Sep

Crypto.com and Underdog partner to offer sports prediction markets

MediaCatalystBusiness
Crypto.com and Underdog partner to offer sports prediction markets Fantasy and sports gaming operator Underdog is partnering with Crypto.com to offer sports prediction markets in 16 states . It's the first sports gaming platform to enter the new and rapidly expanding prediction market industry . Traders buy and sell the outcome of sporting events, but the odds change according to market movements . Read full story: Source
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02 Sep

U.S. tariffs likely to hit Indian tea exports, says Indian Tea Association

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U.S. tariffs likely to hit Indian tea exports, says Indian Tea Association The U.S. is a significant market for Indian tea, accounting for a considerable share of exports . Last year, India’s tea exports to the US stood at around 17 million kg. This year, till May 2025, were at 6.26 million kg . North India witnessed significant growth of 8.74% in quantity and 22.33% in value . Read full story: Source
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