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Ramp hits $44 billion valuation as companies look to rein in AI spending

Ramp's latest funding round was led by ICONIQ, GIC and the Ontario Teachers' Pension Plan.

Sen. Bill Cassidy signs onto brief calling 'anti-weaponization' fund a 'dire threat'

Sen. Bill Cassidy joined an amicus brief calling the Justice Department "anti-weaponization" fund a "dire threat."

Vibe-coding phenomenon lifts AI startup Supabase to $10.5 billion valuation

Database startup Supabase announced a $500 million funding round that values the company at $10.5 billion, including the fresh capital.

Blackstone restricts flagship fund withdrawals as private asset fears reemerge

Blackstone capped withdrawals from its $79 billiob BCRED fund after redemption requests rose from 7.9% to 10%, adding to private-market liquidity concerns.

Partners Group warns it could cap more fund withdrawals after triggering private equity rout

Partners Group said it could cap capital withdrawals from more of its funds after a European gating sparked a private equity stock sell-off on Wednesday.

Senate GOP strips up to $1B for Trump ballroom security from immigration enforcement bill

GOP leaders reportedly privately concluded that the funding proposal risked derailing the broader immigration bill, both politically and procedurally.

Social Security benefit cuts could average $500 a month for retirees if trust fund runs dry, report finds

Social Security faces a looming depletion date for its retirement trust fund. A new report looks at how much benefit cuts Americans may see to their benefits.

KKR, Ares, Blackstone tumble premarket as Partners Group caps private equity fund withdrawals

U.S. private markets firms fell in premarket trading, as concerns over redemption pressure returned to the spotlight.

Investors bet humanoid robots will transform industry and homes over the next decade

“Be ready for it,” said one fund manager who sees enormous opportunities in the space.

Trump still protected from tax enforcement, but anti-weaponization fund is dead, Blanche says

Alphabet's plan to sell $80 billion in stock to fund its AI buildout isn't all bad

It's the latest step in an aggressive effort by big tech companies to secure future funding for AI infrastructure.

Blackstone closes its largest Asia private equity fund at over $13 billion

Blackstone raised $13.1 billion for its latest Asia private equity vehicle, marking the largest private equity fundraise the firm has done in the region.

Alphabet plans to raise $80 billion from stock sales to fund AI buildout

Alphabet said it plans to sell $80 billion in stock, including through a $10 billion investment by Berkshire Hathaway.

Trump administration plans to drop DOJ's $1.8B 'lawfare' fund, reports say

Schumer says Democrats will force Senate votes to block Trump's DOJ 'lawfare' fund

Opposition to the $1.8 billion Justice Department fund, which critics call a "slush fund," helped grind Senate floor action to a halt last month.

Trump's 'big beautiful bill' turned 529 plans into 'lifelong education' accounts, expert says: How to take advantage

New rules allow 529 plan funds to pay for eligible career training, certifications, licensing fees and continuing education costs.

Retail had a 'surprisingly robust' first quarter, but the real test is ahead as tax refunds dry up

The retail industry saw strong first-quarter sales and profits, but high tax refunds and buy now, pay later helped mask underlying consumer weakness.

Travelers to Europe may be leaving money on the table. Here's why

Travelers to Europe who buy certain merchandise can claim a refund of the value-added taxes they pay.

Josh Brown, counting on a new momentum strategy, thinks investors want more than index funds

Brown debuted a separately managed account named after a premium cut of steak — built to hold what he considers the market's best opportunities.

Trump DOJ 'lawfare' fund temporarily blocked by judge as suit proceeds