Hundreds Fired at Weather Agency as US Faces Storm Warnings
Jobs cut at US National Oceanic and Atmospheric Administration Agency had 12,000 people, including 6,700 science personnel The Trump administration fired hundreds of employees at the top US agency overseeing weather prediction and climate research, raising concerns...
Dynasty Wealth on forefront of public to private market transformation
Dynasty Wealth (DW), owner and operator of SaveChangeWorld.com (SCW), is on the forefront of the growth investments transformation from the public to the private capital markets. See “2025, Year for Transformation to Private from Public Market Began”, February 18,...
Aluminum Extends Slide as Traders Weigh Signs of Weak US Economy
Aluminum extended its retreat from an eight-month high as sentiment remained cautious following weak US economic data. Wall Street suffered its worst loss of the year Friday on more signs of a cooling US economy. Business activity this month expanded at its slowest...
Microsoft Dropped Some AI Data Center Leases, TD Cowen Says
The company has pledged $80 billion toward computing capacity Wall Street is questioning AI demand over the longer-term Microsoft Corp. has canceled some leases for US data center capacity, according to TD Cowen, raising broader concerns over whether it’s securing...
Blue Owl Cuts Fees for Early European Private Credit Investors
Performance fee waived for the first €1 billion of fundraising Investors will pay lower fees if they write bigger checks Blue Owl Capital is waiving a large chunk of fees on one of its funds to attract European investors into private credit. The private capital...
Why Private Equity Is Eyeing Your Nest Egg
Alternative investment shops want to tap the trillions of dollars in retirement accounts. Private equity has long been an exclusive club, a world of opaque funds and high fees where only the wealthiest and most sophisticated investors can gain a foothold. Its allure...
EU Sees €28 Billion Hit From Trump’s Steel and Aluminum Tariffs
Sefcovic debriefed EU envoys on Friday after his visit to US Trump is preparing additional retaliatory tariffs, car duties The European Union estimates that the first wave of Donald Trump’s steel and aluminum tariffs will hit as much as €28 billion ($29.3 billion) of...
Pentagon Expects to Fire Up to 8% of Its Civilian Workforce
5,400 probationary employees face dismissal starting next week Hegseth champions Trump campaign to slash federal worker ranks The Pentagon expects to fire between 5 and 8% of its civilian workforce, with the first round of layoffs targeting 5,400 probationary workers...
Stocks Get Hammered as Traders Hit Risk-Off Button: Markets Wrap
Consumers long-run inflation views rise to highest since 1995 US business activity moderates as the service sector cools Stocks had their worst session so far in 2025 after weaker-than-expected economic data and a surge in consumers’ long-run inflation views to the...
Social Investing Increasing Liquidity for Private Co. Shares
Social investing, an extension of Social Media (SM), is driving the growth component for a portfolio into the private from the public market. Research of the 2012 JOBS Act and the SEC’s Regulations pertaining to the act’s crowdfunding application led to the discovery...
US Treasuries End Week on High Note on Demand for Safer Bets
Ten-year yield declines as much as 10 basis points on Friday Traders eye weak economic data, report on a coronavirus study A late rally in the US Treasury market pushed the yield on 10-year notes lower for a sixth-straight week as traders hunt for safety amid lower...
Bank of Canada Sees Trade War Permanently Cutting Output by 2.5%
While Bank of Canada Governor Tiff Macklem insists there’s a limit to a monetary policy response to a tariff war, he has a clear view of the damage it could have on the Canadian economy. “Increased trade friction with the US is a new reality,” he said in a speech in...
Steve Cohen ‘Negative’ on US Economy, Citing Tariffs and DOGE
US growth is likely to slow in the second half of the year as tariffs, tighter immigration laws and government cost-cutting efforts led by Elon Musk weigh on the economy, billionaire Steve Cohen said. The Point72 Asset Management founder, speaking at the Future...
Trump Job Cuts Threaten Safety at National Parks, Workers Say
An axed custodian warns that the condition of the parks is “not going to be pretty.” National Park rangers throughout the US are warning of impending danger to visitors, wildlife and natural resources as job cuts and hiring freezes slash staffing at some of the...