Mon.Sep 30, 2024

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If Your Social Security Check Is Higher Than This, Expect an Above-Average 2025 Cost-of-Living Adjustment (COLA)

The Motley Fool

The Social Security Administration will announce the 2025 cost-of-living adjustment (COLA) on Oct. 10, 2024. Until then, you can only make your best guess as to what it's going to be. The existing data suggests the COLA will be lower than what program recipients have seen in recent years. That's disappointing for seniors who are struggling with rising costs and few other sources of retirement income.

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LVMH sells Off-White streetwear brand founded by Virgil Abloh

Financial Times M&A

Fashion label to be acquired by New York-based Bluestar Alliance

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Warren Buffett Is Sending a $300 Billion Warning to Stock Investors

The Motley Fool

Warren Buffett has a 70-year track record of producing market-trouncing returns for anyone willing to invest alongside him. His Buffett Partnership Ltd. produced an annualized return of 31.6% from 1957 through 1968, while the Dow Jones Industrial Average compounded at a rate of 9.1%. He ultimately folded BPL into Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) , which he took over in 1965, continuing to produce returns that left the rest of the market in the dust.

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TPG nears deal to buy German metering company for up to €7bn

Financial Times M&A

Deal would be one of year’s biggest between private equity firms

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Why Stellantis Stock Is Crashing Today

The Motley Fool

In light of lingering economic challenges, it doesn't come as a complete surprise, but seeing it in writing has nevertheless jolted investors. Shares of carmaker Stellantis (NYSE: STLA) are deep in the red Monday, down 12.9% as of midsession after the company lowered its operating margin and cash flow guidance for the current fiscal year. The company's announcement echoes similar warnings recently issued by rival European automakers Volkswagen (OTC: VWAP.Y) and Mercedes-Benz (OTC: MBGY.Y).

Returns 246
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Qatar Airways agrees to buy 25% stake in Virgin Australia

Financial Times M&A

Australia’s second-largest carrier would return to long-haul flying as part of the deal

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3 Housing Market Predictions for 2025

The Motley Fool

Image source: Getty Images The last few years have been painful for would-be home buyers. House prices have soared, driven in part by limited supply. Mortgage rates reached 20-year highs and sky-high inflation only exacerbated things. If you're hoping our housing market predictions will promise a swift end to the pain, I'm afraid you'll be disappointed. 2025 will bring small changes and a shift toward improved affordability.

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2025's Social Security COLA: Your Top 5 Questions, Answered

The Motley Fool

Social Security serves as a critical source of income for millions of retired seniors. And for those who rely on those benefits heavily to pay the bills, annual raises often spell the difference between being able to make ends meet and struggling financially. Each year, Social Security benefits are eligible for a cost-of-living adjustment, or COLA. COLAs are supposed to help recipients keep up with inflation so they don't fall behind as living costs rise naturally over time.

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ARCH continues pacey fundraising with over $3bn for latest investment vehicle

AltAssets

Biotech investment specialist ARCH Venture Partners has raised more than $3bn for its latest early-stage investment fund, just two years after collecting a similar amount for its previous fund. The post ARCH continues pacey fundraising with over $3bn for latest investment vehicle appeared first on AltAssets Private Equity News.

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A Once-in-a-Decade Opportunity: 2 AI Stocks to Buy Before They Soar 175% and 560%, According to Certain Wall Street Analysts

The Motley Fool

Historically, certain technologies have played a pivotal role in driving the stock market higher. That includes the internet in the 1990s, mobile devices in the 2000s, and cloud computing in the 2010s. Artificial intelligence is shaping up to the next decade-defining technology, and these Wall Street analysts are extremely bullish on Nvidia (NASDAQ: NVDA) and Palantir Technologies (NYSE: PLTR).

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IW Capital to launch new fundraise in wake of UK firm’s management buyout

AltAssets

London-based growth investor IW Capital is launching a £30m fund targeting UK SMEs in the wake of a successful management buyout of the firm. The post IW Capital to launch new fundraise in wake of UK firm’s management buyout appeared first on AltAssets Private Equity News.

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2 Stocks on Track for Monster Return Potential

The Motley Fool

Stock market volatility comes and goes, but the key to building wealth in the stock market is staying focused on a company's growth. If you hold shares of a growing company, you're almost certain to earn great returns over time. Here are two stocks that are on track to deliver outstanding returns to patient investors. 1. Carnival Carnival (NYSE: CCL) is the leading cruise operator in the world, and the strong demand trends continue to point to a lucrative investment opportunity.

Returns 246
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Ninety One – formerly Investec Asset Management – raises €150m European credit fund

AltAssets

Global investment manager Ninety One, formerly Investec Asset Management, has raised about €150m for its European Credit Opportunities Fund. The post Ninety One – formerly Investec Asset Management – raises €150m European credit fund appeared first on AltAssets Private Equity News.

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When Could Fed Rate Cuts Move the Needle on Mortgages?

The Motley Fool

Image source: Getty Images The Fed's recent half-a-percentage-point rate cut will ideally be good news for the U.S. economy and your personal finances. But will the Fed's rate cut help reduce the cost of mortgages ? Many Americans who would love to buy a home have been frustrated by a "frozen" housing market for the past two years, with rising interest rates, high home prices, and limited supply of housing for sale.

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Carlyle considering investment in troubled Thames Water

Private Equity Wire

Global private equity firm Carlyle Group is exploring a potential investment in Thames Water, the UK’s largest water and wastewater company, which is struggling under the burden of debt pile of more than $15bn, according to a report by Sky News. The news comes as Ofwat, the regulatory authority for water services in England and Wales, is set to appoint an independent monitor to oversee Thames Water as early as next week.

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The 2025 Social Security COLA Will Be Announced in October. Here's What That Means for Retirees.

The Motley Fool

October brings lots of things. Columbus Day. Halloween. Major League Baseball playoffs. Breast cancer awareness month. But for anyone who receives Social Security benefits, there's another big event next month. The 2025 Social Security cost-of-living adjustment (COLA) will be announced in October. Here's what that means for retirees. Image source: Getty Images.

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Stepstone seals $7.4bn in hefty new secondaries fundraise

AltAssets

Investment giant StepStone Group has hauled in $7.4bn for its latest private equity secondaries fundraise. The post Stepstone seals $7.4bn in hefty new secondaries fundraise appeared first on AltAssets Private Equity News.

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Micron Shares Surge on Outlook, Defying Analyst Expectations. Is the Stock a Buy Now?

The Motley Fool

Shares of Micron Technology (NASDAQ: MU) soared after the company reported strong results and offered upbeat guidance. Ironically, more than half a dozen Wall Street analysts lowered their price targets in the weeks ahead of its earnings report, with many scrambling now to increase their targets following its results. With the stock up over 25% on the year, let's look to see whether it is too late to buy Micron stock or if this could be just the beginning of its rally.

Returns 246
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StepStone Group raises $.7.4bn for fifth PE secondaries fund

Private Equity Wire

StepStone Group Inc has held the final close of StepStone Secondary Opportunities Fund V (SSOF V) and related separate accounts with $7.4bn of capital commitments. With $4.8bn of aggregate capital commitments, SSOF V is more than double the size of its predecessor fund. The firm’s secondaries strategy leverages StepStone’s broader platform to utilise its sponsor relationships, differentiated data, and information access to create opportunities that may generate strong risk-adjusted returns.

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2 Vanguard Growth ETFs That Can Supercharge Your Portfolio

The Motley Fool

Picking winning stocks is challenging, requiring extensive research into regulatory filings, competitive landscapes, company value propositions, and management effectiveness. A simpler, more efficient alternative is investing in low-cost exchange-traded funds (ETFs). Among these, Vanguard's stock ETFs have consistently demonstrated their ability to build wealth for shareholders over time.

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Kimmeridge bolsters investor relations with ex Brookfield, Krane Funds Advisors hires

AltAssets

Energy-focused alternative investor Kimmeridge has boosted its investor relations unit with a pair of new hires. The post Kimmeridge bolsters investor relations with ex Brookfield, Krane Funds Advisors hires appeared first on AltAssets Private Equity News.

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Meta's Orion Smart Glasses Could Be Revolutionary: Is the $2 Trillion Club in its Future?

The Motley Fool

The stock of Meta Platforms (NASDAQ: META) has been on fire this year, but not because of its Metaverse efforts , as the companies' new name implies. Rather, Meta's core social media ad business has recovered nicely from the 2022 slump, helped along by smarter artificial intelligence algorithms. Speaking of AI, Meta's open-source Llama large language models (LLMs) have also made headlines this year.

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Morgan Stanley mulls $1.5bn sale of HVAC specialist Sila Services

Private Equity Wire

Morgan Stanley Capital Partners (MSCP), the private equity arm of Morgan Stanley, is reportedly exploring the sale of Sila Services in a deal that could valued the residential heating, air-conditioning, and plumbing services provider at $1.5bn, according to reports. According to a unnamed sources familiar with the matter, MSCP, which acquired Sila in 2021, has engaged investment bank William Blair to manage the sale process, with market insiders suggesting that the business could command a valua

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15 Best Dividend Stocks for Lifelong Passive Income

The Motley Fool

Dividend stocks offer a path to steady passive income, but not all are created equal. The key to long-term success lies in dividend sustainability, not just high current yields. The payout ratio serves as a critical tool for assessing sustainability. This metric, representing the percentage of earnings distributed as dividends, reveals a company's ability to maintain and grow its dividend.

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The Dangers of Doing Your Bookkeeping: Why Hiring an Expert is Essential

XY Planning Network

As a business owner in the financial planning industry, we know you wear many hats to ensure the success of your business and the satisfaction of your clients. One of those hats might be bookkeeping. While taking on this task yourself can be tempting, the consequence of any mistakes could be costly. First, let's address the complexity of bookkeeping.

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Here's Why I Never Redeem My Credit Card Rewards for Cash Back

The Motley Fool

Image source: Getty Images I'm a big fan of getting rewarded, so I use rewards credit cards to pay for everyday purchases. Many people redeem their credit card rewards for cash back or as a statement credit to their credit card account. But for many credit cards , this isn't the only redemption choice. Travelers may be able to get more value from their rewards by avoiding cash back redemptions.

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Deal Roundup: TPG said to near Creative Planning investment at over $15bn EV, New Mountain buys into Salute

AltAssets

TPG is reportedly in pole position to pick up a $2bn minority stake in General Atlantic-backed wealth manager Creative Planning, valuing the company at more than $15bn. Reuters reported the news, citing unnamed people it said were familiar with the matter. The potential deal comes just a few days after TPG bought a strategic minority […] The post Deal Roundup: TPG said to near Creative Planning investment at over $15bn EV, New Mountain buys into Salute appeared first on AltAssets Private E

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I Absolutely Prefer a 401(k) to an IRA for Retirement Savings. Here's Why.

The Motley Fool

Most people spend their lives working toward retirement, their final financial destination. There are many ways to get there, but which road you travel ultimately depends on your preferences and personal finances. One fork in the road is choosing how to invest your savings. Two common choices are the Individual Retirement Account (IRA) and the employer-sponsored 401(k).

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Have CEOs really gone quiet on climate change?

Financial Times: Moral Money

New data puts ‘greenhushing’ concerns in perspective

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Why Viking Therapeutics Stock Topped the Market Today

The Motley Fool

Although Viking Therapeutics (NASDAQ: VKTX) is a busy company, on Monday its stock moved because of external news. A pundit reiterated his bullish take on the clinical-stage biotech, boosting sentiment on its shares and sending them nearly 3% higher in price. That was more than good enough to top the rising S&P 500 index, which closed the trading session up by 0.4%.

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TPG bets on discounted streaming competitor with DirecTV deal

Financial Times M&A

Private equity group sees satellite service as a low-cost rival to Alphabet, Netflix and Apple

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This Cryptocurrency Could Be a Major Player by 2030

The Motley Fool

Bitcoin (CRYPTO: BTC) continues to reign as the world's top cryptocurrency, and it's not close. With a massive market cap of $1.3 trillion, Bitcoin is nearly four times larger than its next closest rival, Ethereum (CRYPTO: ETH). In fact, Bitcoin now accounts for a whopping 57% of the market cap of the entire crypto market. But a number of challengers are gaining on it, and the one that has the most upside potential over the next five years is Solana (CRYPTO: SOL).

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Three Hills appoints new Partner to lead coverage in France

Private Equity Wire

Three Hills, an asset management platform offering financing solutions to mid-market companies, has appointed Pauline Ammeux as a Partner to invest funds across all the firm’s strategies – Capital Solutions, Impact, and Credit Opportunities – on the French market. Ammeux brings considerable experience, with over 15 years spent in private capital investing.

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Billionaire Philippe Laffont Sold 72% of Coatue's Stake in Nvidia and Is Piling Into This Historically Cheap Dual-Industry Leader

The Motley Fool

On Wall Street, important data releases are a common occurrence. Monthly inflation and jobs reports, coupled with Wall Street's leading businesses reporting their quarterly operating results over a six-week stretch every quarter, can make it easy for a key data release to slip under the radar. Aug. 14 marked what can arguably be described as the most important data dump of the third quarter.

Stakes 246
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TPG in pole position to acquire minority stake in Creative Planning at $15bn valuation

Private Equity Wire

Private equity firm TPG is in advanced discussions to acquire a $2bn minority stake in Creative Planning, in a deal that would value the wealth management firm at over $15bn, according to a report by Reuters citing unnamed sources familiar with the matter. The transaction would be TPG’s second major investment in a wealth manager within a week, following its deal last Thursday to acquire a minority stake in wealth management firm Homrich Berg.

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4 Top Stocks to Buy in October

The Motley Fool

In this video, I will talk about four interesting companies worth your attention, especially in these uncertain times. I chose a mix of companies in different industries, all of which could provide significant upside for long-term investors. *Stock prices used were from the trading day of Sept. 27, 2024. The video was published on Sept. 30, 2024. Should you invest $1,000 in CrowdStrike right now?

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Frasers Group makes £83mn offer for Mulberry

Financial Times M&A

Sports Direct owner seeks to avoid ‘another Debenhams situation’ with approach for British luxury brand

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