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Why Is Light & Wonder LNW Shaping The Midcap Mood? Kalkine Media Source link

Signs at the intersection of Wall Street and Broadway in New York, June 12, 2024. (Pamela Smith/AP) (Pamela Smith/AP) Millions of Americans with their retirement savings in a 401(k) could see some of their savings move from safe, “boring” investments like stocks, bonds and exchange-traded funds into less-regulated and often riskier instruments like private equity, hedge funds and cryptocurrency. The Trump administration is looking to weaken the main protection workers have over their retirement money and make it easier for employers to take risks with their workers’ money on Wall Street. Here & Now‘s Peter O’Dowd speaks with ProPublica’s Paul…

Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI) is one of the top beaten-down REITs ready for a rotation rally. On June 18, Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI) and Chicago Atlantic BDC, Inc. (NASDAQ:LIEN) jointly announced they had signed a definitive merger agreement. The agreement allows Chicago Atlantic Real Estate Finance to elect to be regulated as a business development company and merge into Chicago Atlantic BDC. This will be an all-stock combination. Chicago Atlantic Real Estate Finance (REFI) Agrees to Merge Into Chicago Atlantic BDC breno-assis-r3WAWU5Fi5Q-unsplash The statement detailed that once the deal closes, Chicago Atlantic BDC will…

Landbay has launched new Premier Remortgage AVM 2-year fixed-rate products up to 75% LTV, alongside selected rate reductions across its Premier range. Landbay has launched new Premier Remortgage AVM 2-year fixed-rate products, alongside selected rate reductions across its Premier range. The new Premier Remortgage AVM products are available up to 75% LTV and include 4 2-year fixed-rate options with zero, 1%, 3% and 5% fee structures. Landbay said the products could help landlord borrowers secure offers around 3 times faster than standard products by removing the need for a physical valuation. The lender said borrowers could also potentially save up…

Addition of Aggressive StrategiesExpanding Investment Choices for Clients Mirae Asset Global Investments announced on July 15 that it has launched the “Mirae Asset Alpha Selection Balanced Asset Investment Trust (Private Equity Fund-of-Funds, Indirect Private Investment Type),” thereby expanding its product lineup of public offering, indirect private equity funds.The Mirae Asset Alpha Selection Balanced Asset (Private Equity Fund-of-Funds Indirect Type) is a publicly offered indirect private equity fund that invests in a diversified portfolio of leading domestic private equity funds. Among top-tier private equity funds in Korea, the fund primarily invests in equity funds deploying listed-stock-based long-only investment strategies, and flexibly…

Thomas Cook India has relaunched its One Currency Card with zero forex markup and zero cross-currency conversion charges, targeting frequent international travellers looking for a prepaid foreign exchange payment option.The company said the prepaid forex card allows customers to load funds in US dollars before travel and lock in exchange rates, a feature aimed at reducing the impact of currency fluctuations during overseas trips. According to Thomas Cook India, the card does not levy forex markup at the time of loading or reloading and waives cross-currency conversion charges when transactions are made in currencies other than the one loaded on…

Firefighters were called to the scene of an abandoned missile silo in Colorado overnight when they say a person snuck onto private property and became stuck inside.According to the Arapahoe County Sheriff’s Office, deputies patrolling the area near a restricted property noticed two vehicles parked near the gate just after midnight. When they checked the property, they heard voices coming from inside a 60-foot-deep underground shaft of an abandoned missile silo. Arapahoe County Sheriff’s Office They say a 19-year-old man and a 28-year-old woman were at the bottom of the silo. Although the man was able to use a rope…

Gold price (XAU/USD) rises to around $4,050 during the early Asian session on Wednesday. The precious metal rebounds as softer-than-expected US inflation data boosted hopes of the US  Federal ‌Reserve (Fed) adopting a less hawkish stance.Data released by the US Bureau of Labor Statistics (BLS) on Tuesday showed that the US Consumer Price Index (CPI) inflation eased to 3.5% YoY in June from the three-year high it set at 4.2% in May. This figure came in below the market consensus of 3.8%. On a monthly basis, the headline CPI declined by 0.4% in June, versus a rise of 0.5% in…

MLT Aikins is pleased to have served as counsel to Queue Ventures Ltd. (renamed to Custom Health Holdings Ltd.) in connection with its public listing on the Toronto Stock Exchange in a transaction valued at approximately $285 million. Custom Health Holdings Ltd. is listed under the ticker symbol “CHLT” and commenced trading on June 24, 2026. MLT Aikins lawyers involved in advising on the listing process include Mahdi Shams, Katelyn Jones, Max Portner, Steven Meng and Jamie Eguia. The MLT Aikins Corporate Finance and Securities team has a wealth of knowledge in corporate finance and securities, including initial and secondary…

Retirement plan participants overwhelmingly want employer support for their retirement planning and decisionmaking, according to J.P. Morgan Asset Management’s 2026 Defined Contribution Plan Participant Survey. The summary of the company’s eighth biennial survey, “How Participants Think, Act and Engage With Their Retirement Plans,” found that younger cohorts largely expect employers to provide financial advice and even weigh in on contributions and investments.Nearly three-quarters (73%) of responding DC plan participants said if they could, they would “completely hand over” retirement planning and investing to a financial professional and “not think about it at all.”Never miss a story — sign up for…