Apollo CEO Marc Rowan says traditional investing model is ‘broken’

A version of this article appeared in CNBC’s Inside Alts newsletter, a guide to the fast-growing world of alternative investments, from private equity and private credit to hedge funds and venture capital. Sign up to receive future editions, straight to your inbox. The revolution in private markets and private lending is setting the stage for a sweeping […]
Beer sales have dropped off. Modelo and Corona parent’s stock dives to a 5-year low.

Shares of Constellation Brands, parent of Corona and Modelo beer, sank to a five-year low after a profit and sales warning.
Political ad spending expected to hit new record in midterms

(L-R) Mikayla Newton and Katerra Jones, reporters with the Prince George’s County during a news broadcast on May 15, 2025 in Largo, MD. Michael A. McCoy | The Washington Post | Getty Images Spending on political advertisements is projected to hit a new record, with this midterm season expected to reach a total of $10.8 […]
Nestlé fires CEO Laurent Freixe after less than a year over workplace affair

Nestlé SA has its third chief executive in little more than a year, after the Swiss-based food conglomerate fired CEO Laurent Freixe on Monday due to an improper romantic relationship with a subordinate.
Only a really big jobs report might stop the Fed from cutting interest rates. Don’t count on it.

Hiring has slowed sharply this year.
Gold prices hit all-time high on rising uncertainty, while U.S. stock futures little changed

U.S. stock futures edged higher Monday while gold futures hit a new all-time high, amid uncertainty around the Fed’s independence and the Trump administration’s tariffs, as well as rising optimism about potential interest-rate cuts.
‘I have almost no retirement savings’: I’m 57 and have $8K in my 401(k) and $17K in my IRA. Have I left it too late?

“I plan to work until I’m 70.”
Gold futures rise to record high on Fed concerns, rate cut expectations

Gold futures rise to record high on Fed concerns, rate cut expectations
BYD’s shares sharply lower after China EV maker’s earnings miss

BYD’s shares sharply lower after China EV maker’s earnings miss
We’re in our 70s and have $1.4 million. We pay $1,750 in rent. Will we run out of money in retirement?

“Our adjusted gross income was $160,000 last year. We both also have fairly good health insurance..”



