Julio Herrera Velutini and His Business Investments in the Global Market

Julio Herrera Velutini and His Business Investments in the Global Market

Explore Julio Herrera Velutini’s expansive investment portfolio across the UAE, UK, Caribbean, Europe, and Latin America. Learn about his case studies, innovations, global ventures, and prestigious awards.'

Julio Herrera Velutini and His Business Investments in the Global Market

Business

Julio Herrera Velutini and His Business Investments in the Global Market

by washingtoninsider April 9, 2025

Explore Julio Herrera Velutini’s expansive investment portfolio across the UAE, UK, Caribbean, Europe, and Latin America. Learn about his case studies, innovations, global ventures, and prestigious awards.'

Catherine and Pierce Compete for a Listing in Episode 7 [Exclusive Clip]

Business

Catherine and Pierce Compete for a Listing in Episode 7 [Exclusive Clip]

by washingtoninsider April 7, 2025

Catherine's attempts to reignite her real estate career hit a snag in the April 4 episode of NBC's 'Grosse Pointe Garden Society.'

Donald Trump Spent Millions on These 9 Luxury Items No 7 Will Blow Your Mind

Business

Donald Trump Spent Millions on These 9 Luxury Items No 7 Will Blow Your Mind

by washingtoninsider April 7, 2025

Donald Trump, one of the most powerful and wealthiest men, has a bit of spending habits. From a real estate empire to sentimental purchases like a Muhammad Ali book, here are all of his most expensive purchases.

Why did Tom O’Brien decide not to run for mayor against Wu, Kraft?

Business

Why did Tom O’Brien decide not to run for mayor against Wu, Kraft?

by washingtoninsider April 6, 2025

Theories abound on why the Boston real estate developer abruptly reversed course on his political ambitions. But what now for a man whose business relies heavily on good relations with City Hall?

Suryakumar Yadav buys two luxurious apartments in Deonar - Check out the price and other details

Business

Suryakumar Yadav buys two luxurious apartments in Deonar - Check out the price and other details

by washingtoninsider April 5, 2025

Suryakumar Yadav and his wife Devisha Shetty have made a significant real estate investment. They reportedly purchased two luxurious apartments at Godrej Sky Terraces in Deonar, Mumbai.

Douglas Higgins, administrator at Chicago-area schools, dies

Business

Douglas Higgins, administrator at Chicago-area schools, dies

by washingtoninsider April 4, 2025

Douglas Higgins, who after many years in real estate returned to his initial career choice in education, has died at 81.

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Stock market

Trump says he’s ready to talk as new stock market losses fuel tariff chaos

Trump says he’s ready to talk as new stock market losses fuel tariff chaos

Trump said Sunday evening that he’s “open to talking” to world leaders about new deals as he put a brave face on the chaos unleashed by his trade wars after a weekend playing golf at his exclusive Florida properties.

Dow futures fall 1,300 points, S&P 500 set to enter bear market on Trump tariff market collapse

Dow futures fall 1,300 points, S&P 500 set to enter bear market on Trump tariff market collapse

U.S. stock futures dropped on Monday as the White House remained defiant in the face of a historic three-day market meltdown that followed President Donald Trump’s rollout of shockingly high tariff rates on most key U.S.

Stock market rout deepens as Dow plunges more than 2,200 points and Nasdaq enters bear market

Stock market rout deepens as Dow plunges more than 2,200 points and Nasdaq enters bear market

Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.

Trump Shares Video Claiming He's Crashing Stock Market on Purpose

Trump Shares Video Claiming He's Crashing Stock Market on Purpose

As the global markets plummeted for a second consecutive day in reaction to Trump's tariffs announcement, he shared a video suggesting the crash is intentional.

Space companies swept up in far-reaching trade war

Space companies swept up in far-reaching trade war

Space companies joined heavy stock market declines across the board as governments started responding to sweeping U.S. tariffs across dozens of countries.

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Cryptocurrency

SpaceX’s Fram2 mission returns from first-of-its-kind mission around Earth’s poles

SpaceX’s Fram2 mission returns from first-of-its-kind mission around Earth’s poles

Binance CEO says Trump has been 'fantastic' for cryptocurrency

Binance CEO says Trump has been 'fantastic' for cryptocurrency

New MassJacker malware is hijacking digital wallets to steal large sums from users

New MassJacker malware is hijacking digital wallets to steal large sums from users

Analysts Predict Strong Bitcoin Comeback in April

Analysts Predict Strong Bitcoin Comeback in April

Abu Dhabi’s MGX to invest $2 billion in crypto exchange Binance

Abu Dhabi’s MGX to invest $2 billion in crypto exchange Binance

Pitchman president drives Americans to their corners

Pitchman president drives Americans to their corners

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Private Equity and Venture Capital

Dollar Tree to sell Family Dollar for $1 billion a decade after buying it for more than $8 billion

Date: April 8, 2025

Dollar Tree on Wednesday said it is selling Family Dollar for $1 billion to a pair of private equity firms, a decade after it bought the discount chain for more than $8 billion.In a statement, Dollar Tree said private equity firms Brigade Capital Management and Macellum Capital Management will purchase Family Dollar, with the discount chain slated to remain headquartered in Chesapeake, Virginia. Although both Dollar Tree and Family Dollar cater to low-income shoppers, Family Dollar locations str...

UK to ease rules for smaller private equity and hedge funds

Date: April 8, 2025

Britain's government wants to dilute regulations for smaller private equity and hedge funds in a bid to bolster the country's appeal as an investment hub .The UK finance ministry and the Financial Conduct Authority regulator launched plans on Monday to lift the threshold for 'full-scope' regulation from 100 million pounds of assets to 5 billion pounds ($129 million to $6.4 billion) for alternative asset managers.

Tariffs and Private Equity: Impact of “Liberation Day”

Date: April 7, 2025

HarbourVest Partners, the global private markets investment specialist, with more than $143 billion of assets under management as of December 31, 2024, today shared commentary from the firm’s Senior Market Strategist, Scott Voss on the recent tariff announcement.With April 2nd behind us — a day we hoped would bring clarity — the path ahead remains uncertain. We need only look at global public markets to understand the implications. As financial investors, public markets are our barometer. Privat...

Community sounds off at public hearing on ALLETE’s potential acquisition

Date: April 8, 2025

A public hearing regarding ALLETE’s $6.2 billion acquisition by Global Infrastructure Partners (GIP) and Canadian Pension Plan Investment Board (CPP) was held Monday giving community members and stakeholders a chance to make their voices heard.They have also said the transaction will not impact rates for customers, and future rates will be monitored under state law.They say the headquarters will remain in Duluth. The transaction has unanimous approval from ALLETE’s Board of Directors and shareho...

Morning Coffee:Trump tariffs & the new nightmare of private equity & hedge fund jobs. CFA scores boast-fest

Date: April 7, 2025

Whatever you think of Trump's 'Liberation Day' tariffs and the complicated-not complicated formula used to calculate them, they seem like bad news for jobs in financial services. For the moment at least, deals that were were supposed to happen will not, which bodes badly for M&A bankers who were already clinging to jobs with a silken thread in the hope that the pipeline would save them. Crazy sh** t is horrendous for dealmaking declares one lawyer. But bankers, at least, are already down with a ...

Two SF AI giants raised almost half of all Q1 venture funding

Date: April 7, 2025

The venture and startup industries are increasingly being divided between a small number of haves in San Francisco and a much larger number of have-nots, a new report indicates.Venture investment in U.S. startups more than doubled in the first quarter from the same period last year to $91.5 billion, according to the report from industry research firm PitchBook. But nearly half of that tally went to just two San Francisco artificial-intelligence companies — OpenAI and Anthropic.Meanwhile, U.S. ve...

Venture capital's sum of all fears

Date: April 7, 2025

Fintech giant Klarna has put its IPO plans on ice, due to President Trump's trade war. And then so did Chime, eToro, MNTN, and StubHub.The IPO window is nailed shut. Even if investors buy the dip, they'll favor known names over new issues.Limited partners are suddenly feeling denominator effects for the first time in years, and it's even more extreme for universities and nonprofits that have had some of their federal funding cut.Finally, there's no LP goodwill after years of delayed distribution...

Small vs Mega Funds A power shift in Venture Capital led by First Time Funds

Date: April 7, 2025

Small funds often need mega funds. The traditional venture conveyor belt sees breakout companies relying on deep-pocketed follow-on capital to scale.But mega funds always need small funds. Without early-stage backers taking the initial leap, there's no pipeline of breakouts to write those big checks into.This asymmetric dependency creates an interesting power dynamic that's increasingly tilting in favor of smaller, nimbler funds.Founders are starting to question the conveyor belt altogether. The...

Real Estate Investment Trusts
Artificial intelligence and Tech startups
Sustainable and ESG investments

Metaverse and virtual real estate

Rockstar May Embrace User-Generated Content In Grand Theft Auto 6 - Report

metaversal universe of custom-built experiences

The arrival of Grand Theft Auto 6 at some point later this year remains one of the biggest stories in gaming. It's not a question of whether it will be one of the biggest releases of 2025; it's about how big it can be at launch and in the years to come. Now, a new report suggests that Rockstar Games is going to expand GTA 6 even further by turning the game into a platform for user-generated content.According to Digiday, Rockstar is in talks with experienced Roblox and Fortnite creators in additi...

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More Americans Are Giving Their Lives Over To AI: Is This Bad?

Americans are placing their lives in AI’s hands

Several “world-changing” technologies hit the market only to wind up being short-lived gimmicks. Take the Metaverse as an example. However, some of them actually end up changing the world. Artificial Intelligence fits that category to a tee. This technology, sparked by ChatGPT just over two years ago, has revolutionized how millions of people go about their daily lives. As such, many of them come to rely on AI technology. Here’s the question: how much are people relying on AI?Most of the people ...

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Meta Shares New Stats on VR Engagement and the Future of the Metaverse

Meta’s VR user base

While I do think that Meta went early with its metaverse-inspired rebrand, which has negatively impacted the perception of its next-level initiatives, there are growing signs that the metaverse is coming, and that Meta will be the leader in the next stage of digital connection.Over the past year, sales of Meta’s Reality Labs products, including Quest VR headsets and Ray Ban Meta glasses, have grown, with Q4 delivering record sales numbers for the business unit.And now, Meta’s preparing for its n...

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Meta's CTO Claims 2025 Will Define The Future Of The Metaverse, And Says That If The Platform Fails To Gain Traction, It Will Be A 'Legendary Misadventure'

leaked all-hands meeting revealed that Meta's CEO

The competition when it comes to mixed reality devices is fierce, especially with Apple's Vision Pro and Microsoft's HoloLens, which offer great utility and practicality for work as well as entertainment. While Meta has invested extensively in the Metaverse and has had great ambitions for it, it did not do as well in the market as expected, as consumers seem to still be skeptical about its practical application. Now, it seems that the company is determined to define the future of its AR/VR and c...

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Venture Capital