Vadym Buinov | Moment | Getty ImagesThe Covid-19 pandemic brought to the surface both cracks and resilience in the American economy, with child care taking center stage as day cares shuttered, schools went remote and parents attempted to juggle their children with their jobs.While employment in the child care sector...
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Apollo’s co-president said it is one of the few private equity firms OK with higher rates
Back in December 2023, when the market was pricing in six or so rate cuts, Apollo Asset Management Co-President Scott Kleinman had a more contrarian view: He said he'd be betting against any rate cuts in 2024. That call so far has paid off. But higher-for-longer rates haven't necessarily been a tailwind for...
Retail investors may be a step closer to investing in unicorns
An alternative trading platform CEO wants to revolutionize private equity investing to help mitigate a stalling initial public offering market.So, Forge Global's Kelly Rodriques partnered with Accuidity to launch the Forge Accuidity Private Market Index this spring.The ultimate goal: Give more investors easier access to unicorns."This is a major financial...
Warner Bros. Discovery hikes prices for Max streaming service
In this photo illustration, the Warner Bros. Discovery logo is displayed on a smartphone screen.Rafael Henrique | Sopa Images | Lightrocket | Getty ImagesWarner Bros. Discovery's Max announced price increases for its ad-free options on Tuesday, as a range of streamers make their memberships more expensive. The move comes only 12...
The best banks in the Asia-Pacific region, according to customers
@media (min-width: 760px) { .BasicTable-articleContainer .BasicTable-tableBody td { font-size: 16px !important; } } SINGAPORE โ Customers in Asia-Pacific have picked their favorite banks as lenders scramble to meet consumer expectations in a fast-changing environment.After a prolonged period of high inflation โ and interest rates โ banks in the region are...