Gargi Chaudhuri of BlackRock advises investors to reconsider traditional 60/40 portfolios due to increased volatility caused by inflation. She suggests focusing on yield curve positioning and exploring alternative assets for diversification.
Rocket Companies extended the deadline for its tender offer and consent solicitation for Nationstar Mortgage Holdings Inc.'s senior notes to September 30th, 2025. This action supports its pending acquisition of Mr. Cooper. The company already secured sufficient consents to amend the notes' governing indentures.
Tortoise Capital announced updated unaudited balance sheet information for its closed-end funds, Tortoise Energy Infrastructure Corp. (TYG) and Tortoise Sustainable and Social Impact Term Fund (TEAF), as of August 29, 2025. Both funds reported strong asset coverage ratios. Details are available on the company website.
Yield Engineering Systems (YES) announced a significant order for multiple VertaCure™ G3 curing systems from a leading Asian foundry. These systems will be used in advanced packaging for AI and HPC applications, highlighting YES’s market leadership in vacuum curing technology.
A U.S. judge rejected the Justice Department's request to force Google to sell its Chrome browser. The ruling allows Google to maintain its revenue-sharing agreement with Apple, but prohibits exclusive contracts. Alphabet's stock rose significantly following the announcement.
CIEE and the Scan Design Foundation announced a new eight-week environmental sustainability internship in Denmark for eight American students. The fully-funded program includes airfare and a stipend, aiming to foster Danish-American relations and advance sustainability efforts.
Rosen Law Firm announced a class action lawsuit against the Easterly ROCMuni High Income Municipal Bond Fund. Investors who purchased shares between May 5, 2023, and June 12, 2025, may be eligible for compensation. The deadline to become a lead plaintiff is September 22, 2025.
Joshua Miller, CEO and co-founder of Epique Realty, received the prestigious 2025 HousingWire Vanguard award. The honor recognizes his transformative leadership and innovative approach to the real estate brokerage model, driving Epique Realty's significant growth.
Vertical Aerospace has appointed former EASA Executive Director Patrick Ky to its board. Ky's extensive regulatory experience will support Vertical's efforts to certify its VX4 aircraft by 2028. This appointment strengthens Vertical’s position in the electric aviation market.
Pimco portfolio manager Mike Cudzil attributes the recent rise in bond yields to increased corporate bond issuance and global economic uncertainty. The 30-year Treasury yield neared 5%, impacting the S&P 500. This surge follows a summer of increased supply and global market shifts.
