Supreme Court's New 401(k) Lawsuit Hurdle: What Changes
TL;DR: The Supreme Court is deciding how specific a 401(k) plaintiff must be when claiming a plan's investments underperformed. It is not deciding whether private equity can sit in a 401(k). If you h…
US IPO Week Ahead: Calendar Is Empty Before Anthropic
TL;DR: No US IPOs are scheduled for the week ahead, according to Renaissance Capital, while Anthropic reportedly targets a mid November listing and could file as early as Friday. The quiet calendar s…
Dolphins Minority Stake Sells at Record $12.5B Value
TL;DR: Stephen Ross agreed to sell 2.1% of the Dolphins and related sports properties to EQT chairman Jean Eric Salata at a valuation slightly above $12.5 billion, per Sports Business Journal via Yah…
PACT Takes Minority Stake in Sterling Investment Partners
TL;DR: PACT Capital Partners is taking a passive, non voting minority stake in Sterling Investment Partners, a middle market firm. Sterling says management and its investment process won't change. Th…
EQT Buys Stockbridge as Buenavista Takes Tiryaq Stake
TL;DR: EQT AB announced on October 15, 2026 that it signed an agreement to acquire Stockbridge, which EQT describes as a leading U.S. real estate investment manager with approximately USD 16.5 billio…
Atlantic Ridge Buys Paragon Films for About $900M
TL;DR: Atlantic Ridge Capital agreed on October 13, 2026 to buy Paragon Films for about $900 million, according to the company's press release . It is the firm's first deal. For anyone who has sold a…
120ft Raises €576,000 in Angel Money for Robot Factories
TL;DR: Swedish startup 120ft raised €576,000 from 22 angel investors on October 15, 2026 to build small factories where humanoid robots assemble, inspect and pack products for consumer brands. It's a…
Adams Street Launches AVNGR Venture and Growth Fund
TL;DR: On October 13, 2026, Adams Street Partners announced the Adams Street Venture & Growth Fund, ticker AVNGR. Adams Street's release says the fund starts with $363.5 million in net assets fun…
September CPI Preview: Gasoline Lifts Headline to 3.6%
TL;DR: A Wall Street Journal survey of forecasters, as reported by investinglive , sees headline CPI up about 0.6% for September on surging energy. That would lift the annual rate to 3.6% from 3.4%. …
Google's 890 MW Nuclear Deal and the Grid It Plugs Into
TL;DR: Google signed a 20 year power purchase agreement with Constellation Energy on October 6, 2026. It funds upgrades at 11 nuclear units that add 890 megawatts to the PJM grid, backed by more than…
Google's 890 MW Constellation Deal: What Isn't Priced
TL;DR: Google and Constellation Energy signed a 20 year power purchase agreement on October 6, 2026 to add 890 megawatts of nuclear capacity to the PJM grid through upgrades at 11 reactors in Illinoi…
Army Awards $4.15B in Counter-Drone Contracts to 10 Firms
TL;DR: The Army awarded 10 counter drone contracts with a combined $4.15 billion ceiling in late September, according to Defense One , but only about $50 million was obligated at award. The ceiling i…
Gen Z Now Outspends Every Art Collector Group
TL;DR: Gen Z collectors averaged $347,460 on fine art in 2025, according to Ithaca Gallery's write up of the 2026 Art Basel and UBS survey, against $124,265 for all 3,100 wealthy respondents. The sur…
IMF Forecasts US Inflation at 3.6% in 2026, 2.8% in 2027
TL;DR: The IMF now projects US headline inflation at 3.6% this year, two tenths of a point above its April forecast, easing to 2.8% in 2027, per El País English . Core inflation doesn't reach the Fed…
Federal Deficit Hits $2 Trillion in Fiscal 2026
TL;DR: The Congressional Budget Office reported Thursday that the federal government ran a deficit of about $2 trillion in the fiscal year that ended September 30. CNN, via ABC17 reported that the ga…
Fed Turns Hawkish but Can Wait on the Next Hike
TL;DR: Federal Reserve officials now lean toward more rate hikes, but the September minutes and recent speeches say they can wait for more data first. Markets price a pause at the October meeting and…
Bloom Raises $3.6M Seed for Hardware Supply Chains
TL;DR: Detroit based Bloom has raised $3.6 million in an oversubscribed seed round led by SNAK Venture Partners, citybiz reported . The company runs a business to business marketplace that helps firm…
Arena Raises $200M Series B at $3.1B Valuation
TL;DR: Arena, the AI evaluation platform formerly called LMArena , raised a $200 million Series B at a $3.1 billion valuation, co led by Lightspeed Venture Partners and Khosla Ventures. Arena says an…
AI Data Centers Are Driving a Gas and Solar Power Rush
TL;DR: Natural gas supplied 40% of the energy U.S. data centers used in 2024, ahead of renewables at 24%, according to the International Energy Agency , as relayed by The Athens Messenger . The bigge…
Student Loan Forgiveness Is Taxable Again in 2026
TL;DR: Federal student debt cancelled under income driven repayment is taxable income again from the 2026 tax year, after Congress let the 2021 exemption expire on December 31, 2025. Protect Borrower…