Business

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

Banking industry plays key role in India’s growth story: President Droupadi Murmu

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Banking industry plays key role in India’s growth story: President Droupadi Murmu President of India Droupadi Murmu, on Tuesday (September 2, 2025), said the Indian economy is among the world’s fastest-growing large economies, and the banking industry plays a pivotal role in its growth story. She said banks can play an important role in transforming MSMEs into the engines of growth and urged the banking sector to prioritise empowerment of farmers and the rural economy. Addressing during the 120th foundation day celebrations of the City Union Bank (CUB) in Chennai, Ms. Murmu said that by providing timely and affordable credit,…
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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

Microsoft offers U.S. government over $6 billion in savings on cloud services over 3 years

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Microsoft offers U.S. government over $6 billion in savings on cloud services over 3 years Microsoft agrees to give the U.S. General Services Administration $3.1 billion in potential savings over the course of a year on cloud services used at government agencies . The lower prices will be available for three years, resulting in total savings of over $6 billion, Microsoft said . The discounts apply to Microsoft's Office productivity subscriptions, as well as Azure cloud infrastructure, Dynamics 365 business applications and Sentinel cybersecurity software . Read full story: Source
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02 Sep

Why is France’s government on the brink of collapse, again?

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Why is France’s government on the brink of collapse, again? Prime Minister Francois Bayrou faces an uphill battle in securing support for his unpopular plans to shore up France’s finances. French Prime Minister Francois Bayrou last week called for parliament to hold an earlier-than-expected vote of confidence in him. Next week’s ballot could lead to the collapse of his centrist government and prompt a period of further instability in the European Union’s second biggest economy. The vote on Monday in the National Assembly, the lower house of parliament, will see Bayrou not only try to secure approval for himself and…
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02 Sep

I’m a CFP and personal finance reporter. How I plan for open enrollment amid soaring health care costs

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I'm a CFP and personal finance reporter. How I plan for open enrollment amid soaring health care costs Survey: Nearly one-third of health insurance enrollees spent less than 30 minutes choosing a plan in 2024 . Survey: 48% of millennials admitted to "blindly" picking health plans because they didn't understand them . Companies expect health plan expenses to increase by 9% in 2026, according to Business Group on Health . Read full story: Source
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