Parents are paying upwards of $100,000 for premium gap years that offer high-end travel, networking opportunities and unique experiences to help kids stand out in a cutthroat job market.
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Vice President JD Vance downplayed the scope of the conflict in Iran, saying he would not describe it as “a war” given that major combat operations ended several weeks ago — even though military strikes recently intensified in the region.
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Target has long struggled with its grocery identity: whether it wants to be a discounts-driven everyday chain or a cool zeitgeisty retailer. Its latest big bet indicates it’s chosen the latter.
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Katherine Bordlemay, co-head of client portfolio management at Goldman Sachs Asset Management, expects to see a “ping-pong of volatility” continue in US stocks even as major indexes grind higher. She says stronger earnings have cushioned equities from rising US Treasury yields. She speaks with Dani Burger and Isabelle Lee on Bloomberg’s “Open Interest.”
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Billionaire Aliko Dangote is seeking to raise $1.6 billion in what would be Nigeria’s biggest initial public offering. Dangote Petroleum Refinery and Petrochemicals FZE is offering 4.1 billion shares at 525 naira ($0.40) each, a company spokesman said Friday. The IPO will open on Sept. 14. Bloomberg’s Anthony Osae-Brown reports.
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