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SAB BIO Stock Explodes 54% on Game-Changing $175 Million Private Placement Deal

The biotech sector just got a massive jolt of excitement, and SAB Biotherapeutics (NASDAQ: SABS) is leading the charge! As of this writing, SAB BIO shares are absolutely rocketing in pre-market trading, surging over 54% after the company announced an oversubscribed $175 million private placement that has Wall Street talking. When you see a stock … Read more

Trump Pushes to Open 401(k) Plans to Crypto, Gold, and Private Markets

 Donald Trump is getting ready to sign an executive order that would expand what Americans can hold in their 401(k)s. The plan is to let investors include crypto like Bitcoin and Ethereum, physical gold, and private market assets such as private equity or hedge funds in their retirement accounts. Right now, most plans only offer … Read more

600% tax hike on private foundations cut from Trump’s BBB after extensive lobbying: ‘This took some persuasion’

Two Republican senators and a broad bipartisan coalition of funders and nonprofits prevented a 600% increase in taxes levied on the endowments of the largest private foundations as part of President Donald Trump’s tax and spending legislation. Thanks to their support, when Trump signed the bill into law on July 4, taxes went up on … Read more

Trump confirms private talks about firing Jerome Powell, swears he’s ‘highly unlikely’ to do so as markets gyrate

President Donald Trump said Wednesday that he was “highly unlikely” to fire Federal Reserve Chair Jerome Powell, a public statement made less than 24 hours after suggesting in a private meeting that he was leaning in favor of dismissing the head of the nation’s central bank. Trump confirmed that in a White House meeting Tuesday night … Read more

Why Jamie Dimon says we ‘may have seen peak private credit’—and why you should care

On July 15, JPMorgan Chase CEO Jamie Dimon sent ripples through the financial world by declaring, “You may have seen peak private credit.” The comment, made during the bank’s second-quarter earnings call, came with a hedge, as Dimon adding “a little bit” at the end. Still, Dimon is one of the most successful bankers in … Read more

DOGE staffer with access to Americans’ personal data leaked private xAI API key

A DOGE staffer with access to the private information on millions of Americans held by the U.S. government reportedly exposed a private API key used for interacting with Elon Musk’s xAI chatbot. Independent security journalist Brian Krebs reports that Marko Elez, a special government employee who in recent months has worked on sensitive systems at … Read more

Kate Middleton’s Private Secretary Lt. Col Tom White Turns Heads

Kate Middleton’s appearance at this year’s Wimbledon got a lot of attention — but so did that of another royal associate. While fans were thrilled to see Kate at the annual tennis tournament on Saturday, July 12, her private secretary Lt. Col Tom White also caught the eye of quite a few people, who turned … Read more

Private equity roll-ups are undermining the free enterprise system—and the American Dream

America has always been a nation powered by small businesses—local merchants, family-run service businesses, independent companies, restaurants, dry cleaners, and home service businesses. Such companies once formed the backbone of middle-class opportunity, offering a path to economic independence and intergenerational mobility. Entrepreneurship drove our rise, especially among immigrant communities, where opening a storefront or service … Read more

Dr. Nicole Martin Accuses RHOM Costar of Hiring Private Investigator

Dr. Nicole Martin doesn’t trust all of her former Real Housewives of Miami cast mates — and, according to her, it’s for a good reason. In an interview with the Scrubs to Stilettos podcast released on Thursday, July 3, Martin accused an unnamed cast member of hiring a private investigator to follow both her and … Read more

Private equity abandons early recruiting after Jamie Dimon fightback

Stay informed with free updates Simply sign up to the Private equity myFT Digest — delivered directly to your inbox. The biggest US private equity firms have abandoned a controversial practice of hiring promising graduates about to start work at investment banks for roles due to begin years later. No large buyout firm has launched … Read more

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