Why September is the worst month of the year for the stock market
The introduction of pumpkin-spice lattes to menus means the end of summer is approaching, along with positive vibes
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Kids Online Safety Act social media safety bill advances in Senate
Sen. Marsha Blackburn, R-Tenn., backed up by Sen. Richard Blumenthal, D-Conn., speaks during a rally organized by Accountable Tech and Design It For Us to hold tech and social media companies accountable for taking steps to protect kids and teens online in Washington, Jan. 31, 2024. Jemal Countess | Getty Images Entertainment | Getty Images…
Markets/Coverages: Rokstone’s Athena Cyber Division Launches Supply Chain Extension
Rokstone, the London-based specialty re/insurance managing general agent (MGA), announced that its new Athena Cyber Division has launched a customer and supplier supply chain disruption extension. The solution enhances total supply chain security, covering losses arising from cyberattacks affecting both an insured’s suppliers and customers, at a time when companies face increasing exposure to losses…
Blue Wolf Capital appoints lead operating partner
Blue Wolf Capital Partners has appointed Anne Bailey as Lead Operating Partner, strengthening its senior leadership team as the private equity firm continues to focus on operational value creation across its healthcare and industrial portfolio. Bailey, who joined Blue Wolf in 2024, will now lead the firm’s team of operating partners, working closely with portfolio…
Sen. Moreno says Rep. Miller shouldn’t serve, calling former son-in-law a ‘danger to my daughter’
U.S. Sen. Bernie Moreno said his former son-in-law, U.S Rep. Max Miller, should not be serving in the House and should “seek professional help” as Miller defended himself against allegations of domestic abuse in a live video on X Sunday. Moreno, who has been publicly restrained in recent months as the bitter custody dispute has played out between Miller…
Private equity dealmakers are shunning big firms to go it alone
Pitching an institutional investor on a single private equity deal rather than a diversified fund was long deemed the sign of a buyout newcomer or a struggling rainmaker. Processing Content But now firms that take the single-deal approach — known in the industry as independent sponsors — are surging in popularity. It’s a way for…
Yen rises amid speculation of more intervention after U.S. support
The yen rallied sharply on Monday amid speculation that authorities may have intervened to prop up the currency again after coordinated action between the US and Japan last week. The Japanese currency swung from a small decline to gain as much as 1.4% versus the dollar during morning trading in Tokyo. It then pared a…
