Sat.Jun 08, 2024

article thumbnail

Here's What Happens to Your Social Security When Your Spouse Passes Away

The Motley Fool

Retirement is an exciting milestone in life, and many older adults look forward to this new journey. However, getting older also brings new challenges, such as the potential to outlive a spouse. A spouse's passing can affect your retirement in many ways. Your expenses will change, you may choose to downsize to a smaller home, and your tax situation may be different, for example.

Taxes 246
article thumbnail

India Inc Sees Resilient Private Equity Investments at USD$6.7bn Across Key Sectors

Private Equity Insights

India Inc saw resilient private equity (PE) investments amid elections as the month of May witnessed 145 deals worth $6.7 billion, a report showed on Thursday. The key sectors like real estate, e-commerce, healthcare, and financial services saw a surge in investments, according to the report by Grant Thornton Bharat Dealtracker. “The surge in PE deal values, driven by investments in select sectors despite stable volumes, signals resilience in the market,” said Shanthi Vijetha, Partner, Growth at

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Here's Exactly How Much Social Security Checks Are Forecast to Rise in 2025

The Motley Fool

In April, close to 51 million retired-worker beneficiaries brought home an average Social Security check of $1,915.26. Although this isn't a game-changing amount of monthly cash, Social Security benefits have proved vital to the financial well-being of most retirees. In addition to pulling approximately 16.5 million seniors aged 65 and over out of poverty in 2022, Social Security benefits represented a "major" or "minor" source of income for 88% of the retirees surveyed by national pollster Gall

article thumbnail

Zuber Issa exits Asda Ending Partnership, Quits as EG Group Co-CEO

Private Equity Insights

Zuber Issa has exited Asda after selling his 22.5% stake in the supermarket to existing owners private equity firm TDR Capital, the company said today, in signs the billionaire Issa brothers’ are separating a significant chunk of their close business interests. The deal brings the ownership of Asda to 67.5% by TDR Capital, 22.5% by Mohsin Issa, and 10% by Walmart.

article thumbnail

Warren Buffett Is Worth $138 Billion. Here's How Big His Social Security Check Likely Is.

The Motley Fool

Warren Buffett will turn 94 on Aug. 30, 2024, and he still hasn't retired. Buffett continues to serve as chairman and CEO of Berkshire Hathaway , just as he has for over five decades. The legendary investor has been eligible for full Social Security retirement benefits since 1995. With his net worth close to $138 billion, you might think Buffett would automatically receive the maximum monthly benefit possible.

article thumbnail

Wealthy Families Fuel $20bn Private Equity Buyout Wave

Private Equity Insights

Ultra-rich individuals and families worth more than $150bn are helping drive a resurgence in private equity buyouts, providing capital for some of the year’s biggest acquisitions to overcome a tough dealmaking environment. Wealthy clans that built their fortunes in industries from children’s toys to household boilers have been co-investors on nearly $20 billion of listed company takeovers this year, according to data compiled by Bloomberg.

Buyout 130

More Trending

article thumbnail

KKR Acquires Nashville Logistics Property

KKR

NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that KKR has acquired a two-building Class A logistics property in the Nashville Airport submarket. Terms of the transaction were not disclosed. The two-building logistics property is strategically located adjacent to Nashville International Airport, with direct access to downtown Nashville and immediate.

article thumbnail

Nvidia's Stock Split: Will It Replace Intel in the Dow Jones Industrial Average?

The Motley Fool

Shares of Nvidia (NASDAQ: NVDA) have soared since the company reported a strong first-quarter earnings report on May 22 and announced a 10-for-1 stock split. Since then, the stock has jumped roughly 20% in less than two weeks, and its momentum seems to be continuing into the stock split , which is scheduled to go into effect after hours on June 7. Shares have climbed nearly 10% after the initial bounce on those announcements.

Investors 246
article thumbnail

KKR to Present at the Bernstein 40th Annual Strategic Decisions Conference 2024

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that Joseph Y. Bae, Co-Chief Executive Officer, will present at the Bernstein 40th Annual Strategic Decisions Conference 2024 on Wednesday, May 29, 2024 at 3:30 PM ET. A live webcast of the presentation will be available on the Investor Center section of KKR’s website at [link] For those.

article thumbnail

A Wall Street Analyst Just Predicted Nvidia Would Hit a $10 Trillion Market Cap. Is That Actually Possible?

The Motley Fool

Nvidia (NASDAQ: NVDA) has been one of the best stories in the market with the stock up over 3,300% in the past five years. That's an incredible run that has taken its market cap to $2.8 trillion. However, one Wall Street analyst recently predicted that the stock has a lot more room to run in the coming years. Beth Kindig of I/O Fund boldly forecasts that the chipmaker will hit a $10 trillion valuation by 2030.

Taxes 246
article thumbnail

KKR Provides $300 Million Corporate Credit Facility to Origis Energy

KKR

NEW YORK & MIAMI--(BUSINESS WIRE)-- KKR, a leading global investment firm and Origis Energy (“Origis”), a leading renewable energy and decarbonization solution platform, today announced that vehicles and accounts managed by KKR’s insurance business have provided a $300 million corporate financing facility to Origis. Proceeds from the facility will support the continued development and.

article thumbnail

1 Stock-Split ETF That Could Turn $400 Per Month Into $1 Million, With Nvidia's Help

The Motley Fool

BlackRock is responsible for more than $10 trillion in client funds, making it the world's largest asset manager. Around $3.3 trillion of that is managed by its iShares subsidiary, which offers more than 1,400 exchange-traded funds (ETFs) to investors. The iShares Semiconductor ETF (NASDAQ: SOXX) is one of those 1,400 funds, and thanks to its top holdings in explosive artificial intelligence (AI) stocks like Nvidia (NASDAQ: NVDA) , it is generating spectacular returns for investors.

article thumbnail

KKR to Present at the TD Financial Services & Fintech Summit

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that Robert H. Lewin, Chief Financial Officer, will present at the TD Financial Services & Fintech Summit on Thursday, June 6, 2024 at 8:35 AM ET. A live webcast of the presentation will be available on the Investor Center section of KKR’s website at [link] For those unable to listen to.

article thumbnail

Should You Buy Broadcom Stock Before June 12?

The Motley Fool

Fool.com contributor Parkev Tatevosian previews Broadcom 's (NASDAQ: AVGO) upcoming earnings release. *Stock prices used were the afternoon prices of June 5, 2024. The video was published on June 7, 2024. Should you invest $1,000 in Broadcom right now? Before you buy stock in Broadcom, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Broadcom wasn’t one of them.

Returns 246
article thumbnail

KKR Invests in Healthcare Revenue Solutions Provider Infinx

KKR

MUMBAI, India--(BUSINESS WIRE)-- KKR, a leading global investment firm, and Infinx Services Private Limited (“Infinx” or the 'Company'), an AI-driven healthcare revenue cycle solutions provider, today announced the acquisition of a significant minority stake in Infinx by a KKR-managed fund. Through this investment, KKR will leverage its extensive experience in the global healthcare and.

article thumbnail

October 10 Is a Huge Day for Social Security This Year. Here's Why.

The Motley Fool

Social Security has clearly been around for a really long time. Yet each year, there's one change that seniors eagerly await -- a cost-of-living adjustment, or COLA. Social Security COLAs were implemented years back to help beneficiaries maintain buying power in the face of inflation. Someone with a $1,500 monthly Social Security benefit in 2010 would be at a huge disadvantage in 2024 in the absence of continuous raises, since it's far more expensive to exist today than it was 14 years ago.

Taxes 246
article thumbnail

Vitesse Secures $93M in Series C Funding Led by KKR, Appoints Curt Hess as US Executive President

KKR

- New funding supports product development and enhances connectivity across the insurance value chain, accelerating Vitesse’s mission to revolutionize global payments and treasury management - Appointment of Curt Hess as US Executive President solidifies Vitesse’s commitment to the US market LONDON--(BUSINESS WIRE)-- Vitesse, a leading treasury and payment solutions provider for the insurance.

Funds 40
article thumbnail

Should You Claim Social Security at 62, 65, or 70? Statistically Speaking, This Is the Best Age for Retirees to Take Benefits.

The Motley Fool

In most years, about 10% of newly retired workers claim Social Security at age 70, the age at which their payout is largest. Meanwhile, about 25% of newly retired workers claim Social Security at age 62, the age at which their payout is smallest. People in the latter group often regret their decision. Indeed, a study published by the National Bureau of Economic Research found that 23% of beneficiaries wish they had delayed Social Security.

Taxes 246
article thumbnail

KKR Invests in Leading Filipino Higher Education Group PHINMA Education

KKR

Transaction marks KKR’s first Global Impact investment in the Philippines MAKATI, Philippines--(BUSINESS WIRE)-- KKR, a leading global investment firm, and PHINMA Education Holdings, Inc. (‘PHINMA Education’ or the ‘Company’), a leading private higher education group and the education arm of Filipino conglomerate PHINMA Corporation, today announced the signing of definitive agreements under.

article thumbnail

3 Utility Dividend Stocks to Buy Hand Over Fist in June

The Motley Fool

Dividend-paying utility stocks were once viewed as the cornerstone of a conservative investor's income portfolio. The market is much larger today than when utilities were called "widows and orphans" stocks, but more dividend stock options don't actually change the desirability of adding some boring utilities to your portfolio of dividend stocks. As June gets underway, you might want to take a look at NextEra Energy (NYSE: NEE) , Brookfield Renewable (NYSE: BEPC) (NYSE: BEP) , and, for those with

article thumbnail

KKR prices ¥91,400,000,000 of senior notes

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (“KKR”) (NYSE: KKR) today announced that it has priced an offering of ¥44,600,000,000 aggregate principal amount of its 1.559% Senior Notes due 2029 (the “2029 notes”), ¥1,000,000,000 aggregate principal amount of its 1.762% Senior Notes due 2031 (the “2031 notes”), ¥26,200,000,000 aggregate principal amount of its 2.083% Senior Notes due 2034 (the.

40
article thumbnail

Good News for PayPal Stock Investors

The Motley Fool

In this video, I will cover the recent updates regarding PayPal (NASDAQ: PYPL). *Stock prices used were from the trading day of June 6, 2024. The video was published on June 7, 2024. Should you invest $1,000 in PayPal right now? Before you buy stock in PayPal, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and PayPal wasn’t one of them.

Investors 246
article thumbnail

KKR to Present at the Morgan Stanley US Financials, Payments & CRE Conference 2024

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that Robert H. Lewin, Chief Financial Officer, will present at the Morgan Stanley US Financials, Payments & CRE Conference 2024 on Monday, June 10, 2024 at 9:30 AM ET. A live webcast of the presentation will be available on the Investor Center section of KKR’s website at [link] For those.

article thumbnail

Is Now the Time to Buy 3 of the S&P 500's Highest-Yielding Dividend Stocks?

The Motley Fool

Dividend stocks help you to make money with no effort on your part. And that passive income can be incredibly powerful if it's reinvested long-term and piles up over the years. It's also a big part of why high-yielding dividend stocks can be particularly enticing, as they provide investors with more bang for their investment bucks. But high yields also tend to come with increased risk.

article thumbnail

Labrador Island Link Welcomes New Investor

KKR

KKR to acquire Emera’s equity interest in critical clean energy transmission project.

article thumbnail

Is Bitcoin On Track to Make a Big Move and Hit $100,000 in 2024?

The Motley Fool

Over the last 15 years, Bitcoin (CRYPTO: BTC) has already surpassed nearly every projection, estimate, and expectation. In just over a decade, the cryptocurrency has grown from just a few pennies per digital coin to more than $50,000 by 2021, taking the world by storm. With its price sitting at roughly $70,000 in June 2024, the next major landmark in sight is the coveted six-figure mark.

Returns 246
article thumbnail

KKR to Acquire Majority Ownership in Agiloft

KKR

Existing investor FTV Capital to invest additional capital in the Company NEW YORK & REDWOOD CITY, Calif.--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that a fund managed by KKR has entered into an agreement to acquire a majority stake in Agiloft (“the Company”), a trusted global leader in data-first contract lifecycle management (“CLM”).

Stakes 40
article thumbnail

Better Artificial Intelligence Stock: Intel vs. Nvidia

The Motley Fool

Chip stocks have captivated Wall Street over the past year as the boom in artificial intelligence (AI) has sent demand for graphics processing units (GPUs) skyrocketing. Powerful hardware is critical to training and running AI models. Thus, as interest in AI has soared, so have chip sales. As a result, chip stocks like Nvidia (NASDAQ: NVDA) and Intel (NASDAQ: INTC) have been placed under a microscope over the past year, with analysts questioning how much growth potential these companies have in

Returns 246
article thumbnail

Emera Completes Transaction to Transfer Equity Interest in Labrador Island Link

KKR

HALIFAX, Nova Scotia--(BUSINESS WIRE)--Emera Inc. (“Emera”) (TSX:EMA) today announced the previously announced transaction where KKR would acquire Emera’s indirect minority equity interest in the Labrador Island Link (LIL), has closed effective today.

40
article thumbnail

Is Geron Stock a Buy Following Its First New Drug Approval?

The Motley Fool

Shares of Geron (NASDAQ: GERN) finished the week ended June 7 about 32% higher. The market was reacting to news the company's investors had been waiting to hear for decades. On June 6, the U.S. Food and Drug Administration (FDA) approved Geron's first drug, imetelstat (brand name Rytelo), to treat a rare form of cancer. Rytelo is a new treatment for an underserved population.

Returns 246
article thumbnail

The Indo-Pacific Partnership for Prosperity, Global Infrastructure Partners and KKR Lead Creation of Coalition to Mobilize Infrastructure Investment in the Indo-Pacific Region

KKR

SINGAPORE – June 6, 2024 – Today the Indo-Pacific Partnership for Prosperity (IP3), Global Infrastructure Partners (GIP), and KKR announced the formation of a new coalition to catalyze infrastructure investment in the emerging market partner economies of the Indo-Pacific Economic Framework (IPEF). GIP and KKR will serve as co-chairs of the new initiative.

article thumbnail

What Intel Investors Need to Know About Lunar Lake

The Motley Fool

It's only been about seven months since Intel (NASDAQ: INTC) launched its Meteor Lake laptop CPUs (central processing units). Meteor Lake chips were the first PC CPUs from Intel to include built-in artificial intellience (AI) accelerators, the first to use the Intel 4 manufacturing process, the first to opt for a disaggregated multitile architecture, and the first to use Intel's Foveros advanced packaging technology at scale.

Investors 246
article thumbnail

KKR Acquires Nashville Logistics Property

KKR

NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that KKR has acquired a two-building Class A logistics property in the Nashville Airport submarket. Terms of the transaction were not disclosed. The two-building logistics property is strategically located adjacent to Nashville International Airport, with direct access to downtown Nashville and immediate.

article thumbnail

Meet the Only "Magnificent Seven" Stock That Has Never Had a Stock Split. That Could Be About to Change.

The Motley Fool

Stock splits have been all the rage in recent years and have become a calling card among many of the market's most successful companies. The group of stocks collectively known as the " Magnificent Seven " has handily outperformed the S&P 500 since the start of last year. Here's how the member companies have performed since the beginning of 2023: Nvidia : Up 686% Meta Platforms (NASDAQ: META) : Up 297% Amazon : Up 112% Alphabet : Up 96% Microsoft : Up 72% Apple : Up 49% Tesla : Up 43% Stock s

Banks 246