Litigation risk for employers with a legal duty to monitor their employees’ 401(k) investments is set to hamper President Donald Trump‘s efforts to allow more cryptocurrency into workers’ retirement accounts. The US Labor Department is reversing Biden-era guidance that warned plans against digital currencies in workplace retirement portfolios. It’s part of a broader move by
The Texas Stock Exchange (TXSE) logo seen displayed on a smartphone (Photo Illustration by Budrul … More Chukrut/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images The move toward lower and flatter personal income-tax rates is persisting as a dominant state policy trend in 2025. Mississippi Governor Tate Reeves (R-Miss.) and Oklahoma Governor Kevin
The Texas Stock Exchange (TXSE) logo seen displayed on a smartphone (Photo Illustration by Budrul … More Chukrut/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images The move toward lower and flatter personal income tax rates is persisting as a dominant state policy trend in 2025. Mississippi Governor Tate Reeves (R-Miss.) and Oklahoma Governor
Sign at office park for venture capital firms in Silicon Valley, Menlo Park, California, including … More Bessemer Venture Partners, Signia Venture Partners, Montgomery and Hansen and Mitsui, November 14, 2017. (Photo by Smith Collection/Gado/Getty Images) Getty Images Venture capital isn’t dying. It’s evolving. Fast. What was once a high-risk, high-reward game of early-stage bets
A career in finance offers many benefits: It tends to pay well, is prestigious, and can lead to a jet-setting lifestyle. Breaking in, however, can require years of toil, planning, and determination. Say you want to be an investment banker who advises tech giants on corporate acquisitions: You will probably want to start applying for
On a chilly winter night, a few dozen people gathered inside a graffiti-clad building in the Carabanchel district of Madrid. Nearly everyone was in the midst of a dispute with their landlord, but these weren’t typical gripes about leaky pipes. They had come to commiserate about the American investment banks and private equity funds that
Industry veterans from Goldman Sachs, Hightower Advisors, and H.I.G. Capital have launched a new private markets investment firm, Peak Altitude Partners (PeakAlts). Based in New York, the new firm offers curated alternative asset solutions specifically tailored for RIAs, family offices, multi-family offices, and endowments. It currently advises on over $30bn in assets through its partner
Private-equity investments in China could be on a stronger recovery path, bolstered by increased capital from the Middle East and adaptive strategies from US funds, according to Bain & Company. “A positive momentum for China could lead to a more positive outlook already in 2025 and 2026,” Sebastien Lamy, co-leader of the Asia-Pacific private-equity practice