Tag: whats does finance mean?

Apollo to Launch Private Fund in Asset-Based Financing Buildout

(Bloomberg) — Apollo Global Management Inc. is launching its first-ever fund dedicated to asset-based financing, laying the groundwork for what the firm is telling investors could be the largest vehicle of its kind in the market.

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The new fund marks a move by one of the world’s largest alternative asset managers to expand its more-than-$100 billion platform for asset-based financing by tapping external investors directly, according to a person familiar with the matter who asked not to be named because the matter is private. The vehicle stands to climb to more than $5 billion in size,

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Gen Z is seeing the appeal of finance jobs, as cost-of-living concerns rise, a new survey finds

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Gen Z is putting more stock in careers in finance, with one in four recent graduates considering it a top sector for career prospects.Photo by ANGELA WEISS/AFP via Getty Images

  • A new study reveals that Gen Z thinks finance is the best industry for future career prospects.

  • A quarter of graduates said finance is the No. 1 industry for career prospects — up from No. 5 in 2021.

  • Part of the reason may be the money: Graduates’ top career fear is low pay.

At the end of the day, money talks.

A mid-June survey conducted by the CFA Institute,

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The unique financial habits of self-made millionaires

Self-made millionaires have unique financial habits that get them ahead, adopting them well before hitting that seven-figure milestone. Here are a handful of you can start applying to your life today, regardless of what’s in your bank account now.

Millionaires make lists

According to the Motley Fool, 85 per cent of millionaires are list-makers. Before hitting the grocery store (or any store, for that matter), they make lists, allowing them to avoid unnecessary spending. I love list-making, a key benefit of being a more strategic shop, which helps you save. Another bonus: lists are amazing for sticking to a healthy

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Average funeral cost

The last thing anyone wants to worry about is how to finance a funeral when a loved one passes away. According to the National Funeral Directors Association (NFDA), the median cost of funerals with a viewing and burial was around $7,848 in 2021, while funerals with cremation cost a median of $6,971. With costs in all sectors continuing to rise, a life insurance policy could become more important than ever. Policies can be purchased in advance to help cover the cost of a funeral and relieve some of the stress on your grieving family.

Key takeaways

  • According to the National

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Can Evelyn, 62, and Ezra, 70, afford to both travel and financially assist their son?

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Evelyn and Ezra want to ensure they have enough money to cover their living expenses plus a travel fund for the next 15 years.JENNIFER GAUTHIER/The Globe and Mail

Ezra and Evelyn are well-set financially, with a substantial portfolio, a big travel budget and a son they’d like to help financially now rather than after they’ve gone. How much can they give him without jeopardizing their retirement plans?

They’ve both retired from their full-time jobs and are doing some part-time contract work, Evelyn earning about $15,000 a year and Ezra $22,000. Evelyn is the age

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French Government Aims to Save $11 Billion to Cut Budget Gap

(Bloomberg) — The French government said it has identified at least €10 billion ($10.9 billion) of savings as part of efforts to restore public finances after years of increased spending during the Covid pandemic and energy crisis.

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It is targeting a budget deficit of 4.9% of gross domestic product this year, dropping to 4.4% next year and falling below 3%, the limit set under European Union rules, by the end of Emmanuel Macron’s second term as president in 2027.

The first step would be to withdraw energy support for businesses and households. The shield for gas

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Canadian home sales continue to pick up steam in May

OTTAWA, ON, June 15, 2023 /CNW/ – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up again on a month-over-month basis in May 2023.

Monthly home sales (CNW Group/Canadian Real Estate Association)

Monthly home sales (CNW Group/Canadian Real Estate Association)

Highlights:

  • National home sales rose 5.1% month-over-month in May.

  • Actual (not seasonally adjusted) monthly activity came in 1.4% above May 2022.

  • The number of newly listed properties rose 6.8% month-over-month but is still historically low.

  • The MLS® Home Price Index (HPI) rose 2.1% month-over-month but was still down 8.6% year-over-year.

  • The actual (not seasonally adjusted) national average sale

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Coho Collective Kitchens Inc. Announces Offering of Units for Gross Proceeds of up to $6,000,000

Vancouver, British Columbia–(Newsfile Corp. – June 15, 2023) – Coho Collective Kitchens Inc. (TSXV: COHO) (“Coho“or the”Company“), a commercial real estate and food technology company that provides private and shared kitchen and food production space to a variety of businesses, is excited to announce a brokered private placement of up to 27,272,727 units of the Company (the “Units“) at a price of $0.22 per Unit (the “Issue Price“), for aggregate gross proceeds of up to $6,000,000 (the “Offers“).

Each Unit will be composed of one (1) common share in the

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