Wealth Management News & Insights
Moody’s Sounds Alarm on Private Funds for Individuals, See the Full List of Companies Leading New Era of AI Breakthroughs and Riches, 30 Shows to Watch This Summer
Primary Sources
- Dear Chicago – A Letter from Club Owner Joe Mansueto: We’re proud to announce our plans for a new, privately funded, soccer-specific stadium and entertainment district at Roosevelt and the river. [Chicago Fire FC]
Financial Markets
- Thoma Bravo’s $34 Billion Fundraising Haul Bucks Private-Equity Slowdown: Many firms are struggling to return cash to investors and raise money. [WSJ]
- The World’s Largest Meatpacker Finally Makes Its NYSE Debut: Brazil’s JBS, which faced corruption charges and pushback from environmentalists, directly listed its shares in U.S. market. [WSJ]
- Moody’s Sounds Alarm on Private Funds for Individuals: Chasing retail money could pose risks to investors, private funds and financial system, Moody’s says. [WSJ]
The chart above illustrates the increasing number of companies held by private-equity firms that are awaiting sale. The number of companies has risen to nearly 30,000 in recent years, indicating record assets in the private-equity sector.
Retirement Planning
- I Got Burned by the 401(k) ‘Hierarchy Trap’: When withdrawing funds from your retirement account, be sure to check on the redemption protocols or you could unwittingly raise your risk profile. [WSJ]
Business Strategy
- Apple Just Showed Off a New Look for iPhones. Here’s Everything Coming in iOS 26: For the first time in over a decade, Apple is redesigning iOS, the software that powers your iPhone. [NYT]
- 2025 CNBC Disruptor 50 – See the Full List of Companies Leading New Era of AI Breakthroughs and Riches: The top five companies on this year’s Disruptor 50 list — including a new No. 1 Disruptor from the defense tech sector — have a combined valuation of just under $500 billion. [CNBC]
- The Stanley Cup’s Viral Moment May Be Waning – A New Brand Chief Has a Plan: The former chief brand officer of Allbirds has joined the company known for its 40-ounce tumblers as it expands into sports, leisure and international markets. [WSJ]
- Warner Bros Discovery to Split its TV and Streaming Businesses: US media group to separate streaming and studios unit from declining television network as viewing habits change. [FT]
- PwC Overhauls U.S. Advisory Arm, Boosts Hiring to Offer More Industry-Specific Services: The Big Four accounting firm plans to double the number of its advisory divisions to eight. [WSJ]
- The Latest Casualty of the Tariff War – Free Shipping: Retailers are raising the bar for free delivery—or eliminating the perk—as they seek to mitigate tariff costs. [WSJ]
- Will Starbucks’ Big Bet On Its Baristas Pay Off?: Wall Street nervous about ‘biggest human capital investment’ in coffee company’s history. [FT]
Life & Work
- Inside ‘Inside the NBA’ Transition to ESPN: “ESPN has wanted Barkley and this show for 20 years. Now that they’ve got it, why would they change it?” one source said to FOS. [FOS]
- The Car of the Future Will Transform the Great American Road Trip: As self-driving cars become more of a possibility, companies are exploring designs that enhance travel experiences. [WSJ]
- Where Has the Original Cast of ‘Hamilton’ Been? We’ve Got Answers: Lin-Manuel Miranda and others reunited for a medley at the Tonys on Sunday, celebrating the 10th anniversary of the show’s opening. [NYT]
- 30 Shows to Watch This Summer: New series in the worlds of “Alien,” “Bosch” and “Outlander,” and the returns of “Wednesday,” “The Bear,” “King of the Hill” and Lena Dunham. [NYT]
- Think Twice Before You Click ‘Unsubscribe’: That link at the bottom of your email might clean up your inbox—or make you a bigger target. [WSJ]
- Eurostar Plans Frankfurt and Geneva Services to Tap Demand for Greener Travel: Rail group seeks to attract corporate customers looking for alternatives to air travel. [FT]