A historically strong stretch for the U.S. stock market is about to begin
Some investors are worried that this AI-powered bull market might be getting a little long in the tooth as it approaches its fourth birthday.
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Oil at $100 is pushing up costs from gas pumps to grocery aisles
Already feeling pinched since the start of the Iran war, consumers are likely to feel more pain ahead as oil prices pushed past $100 a barrel Thursday amid renewed fighting and military strikes that have left global oil supplies stranded in the Middle East. The elevated price marked a turn from lower oil prices enjoyed briefly when…
Corcoran Group CEO says Gen Z’s housing market struggles is exactly what boomers faced 30 years ago
Gen Z and young millennials face the prospect of renting with their parents for the foreseeable future, as getting onto the property market feels increasingly impossible. However, The Corcoran Group CEO Pamela Liebman, who has weathered 40 years in real estate, says today’s struggles are no more extraordinary than those faced by other generations. Liebman…
Oil Nears $100 Again As Iran-Backed Houthis Target Red Sea Shipping
Topline Global oil prices soared above $98 per barrel on Thursday as Iran-backed Houthi militants targeted Saudi Arabian tankers in the Red Sea, marking the latest escalation in the U.S.-Iran war as Secretary of State Marco Rubio said Tehran is not ready to make a deal. Iran-backed Houthi rebels in Yemen claimed they attacked two…
Iranian officials worry the US blockade will cause an economic collapse and seek sanctions relief
Sensing it has the upper hand, Iran issued a long list of maximalist demands before it reopens the Strait of Hormuz, even as officials in Tehran grow increasingly concerned about the shattered economy. While Iran and Oman have been in talks over how to manage traffic through the narrow waterway, an agreement won’t automatically unlock…
Wealth management continues to attract private equity; Carlyle makes debut investment from new aerospace platform
Good morning dealmakers, it’s Obey Martin Manayiti here with the US edition of the Wire from the New York newsroom. Private equity-backed deals in wealth management have been robust. Over the years, PE Hub has reported on this sector, drawing on expert analysis from dealmakers and advisors on factors shaping the sector. As deals continue…
Building Real Relationships With the Rising Gen
What’s your relationship with your favorite client’s adult children? Not their trust documents. Not the file with their name on it. The actual individual. Do they pick up when you call? Seek your advice? Trust you with important life decisions? If not, it may be time to invest in that relationship. As one Rising Gen…
