Tuesday, October 22, 2024
Sports
Texas Schools Pension to Buy Stake in Sports Investor
The Texas Permanent School Fund plans to invest in Velocity Capital Management, a private-equity firm focused on sports, media, and entertainment, marking a significant move into the booming sports market by committing $200 million and negotiating a minority stake in the firm.
Wednesday, October 23, 2024
Economy
Economy Keeps Refusing to Falter As Basic Assumptions Say It Must
Despite traditional economic assumptions predicting otherwise, the U.S. economy continues to grow robustly, defying expectations tied to government spending, monetary policy, and the relationship between growth, unemployment, and inflation.
Friday, October 25, 2024
Economy
Services Lift Gauge Of Business Activity
Despite uncertainty surrounding the upcoming presidential election, the U.S. economy showed robust growth in October, driven by the services sector, with improved confidence in the economic outlook for the coming year.