Cava Avoids the Diner Pullback That’s Hitting US Restaurants

May 15, 2025 | Markets

Cava Group Inc. sales rose in the first quarter, defying the consumer malaise that rivals have blamed for a slowdown in restaurant visits. Sales at established restaurants grew 10.8% in the three months ended April 20, in line with the average estimate of analysts...

Smart Money Loses to Retail Crowd That Bet on Stock Rebound

May 15, 2025 | Markets

President Donald Trump’s tariffs announcement on April 2 devastated financial assets, wiping out some $6 trillion in market value from US stocks in just two trading days. Wall Street’s “smart money” — hedge funds and other professional investors — dumped equities, and...

China’s Investors Signal Trade Truce Is No Panacea for Markets

May 14, 2025 | Markets

The trade truce is not enough to ignite a rush into Chinese financial assets amid expectations of reduced policy stimulus and lingering uncertainty on a final deal. While Chinese stocks have rallied following the agreement, recouping their losses since the April 2...

Empower to Offer Private Markets Investments to Retirement Plans

May 14, 2025 | Markets, Private Credit, Private Markets

Firm aligns with Apollo, Franklin Templeton, Goldman Sachs, Neuberger Berman, PIMCO, Partners Group and Sagard Nation’s second largest retirement plan provider opens private market investing to its 19 million plan participants1 In a move aimed at expanding investment...

Humanoids: A $5 Trillion Market

May 14, 2025 | Markets

The number of robots that resemble and act like humans is likely to reach nearly 1 billion by 2050, with China currently leading in development. The humanoids market could surpass $5 trillion by 2050, including sales from supply chains and networks for repair,...

Pension Funds Agree to Invest 5% Into UK Private Assets

May 13, 2025 | Markets, Private Markets

UK pension fund managers have agreed to invest at least 5% of their assets into UK private markets, marking a win for the Labour government that’s seeking to boost the economy by drawing billions of pounds into local startups and infrastructure projects. Seventeen...