Podcast appearances and mentions of Apollo Global Management

Leon Black, the former cofounder of Apollo Global Management with deep ties to Jeffrey Epstein, has donated significant sums to the IPI—reportedly at least $950,000—in a pattern that closely mirrors Epstein's own shadowy funding of the institute. Even though Black has attempted to distance himself publicly, the conduit appears to have been deliberately opaque: donations through intermediaries, anonymity, and minimal disclosure have raised flags among those investigating Epstein's network. These contributions come under scrutiny not only because Epstein was involved in brokering them but also because the donations were structured to conceal the true source and avoid public recognition.Meanwhile, Senate Finance Committee Ranking Member Ron Wyden has escalated concerns by requesting documents from the DOJ, Treasury, and FBI about Black's financing of Epstein's operations. Wyden's investigation revealed that Black transferred at least $170 million to Epstein between 2012 and 2017—far exceeding the $158 million previously acknowledged—and that some of those funds directly supported Epstein's operations in the U.S. Virgin Islands. In 2023, Black settled claims with the USVI by paying $62.5 million—a case that stated some of his payments were used to fund Epstein's illicit activities on Little St. James Island. Critics argue that the use of IPI and other charitable vehicles to mask these funds reflects a deliberate effort to launder legitimacy onto Epstein's network.to contact me:bobbycapucci@protonmail.comsource:https://www.dn.no/politikk/the-international-peace-institute/jeffrey-epstein/terje-rod-larsen/leon-black-did-like-his-adviser-jeffrey-epstein-gave-anonymously-to-un-affiliated-think-tank/2-1-897114

Leon Black, the former cofounder of Apollo Global Management with deep ties to Jeffrey Epstein, has donated significant sums to the IPI—reportedly at least $950,000—in a pattern that closely mirrors Epstein's own shadowy funding of the institute. Even though Black has attempted to distance himself publicly, the conduit appears to have been deliberately opaque: donations through intermediaries, anonymity, and minimal disclosure have raised flags among those investigating Epstein's network. These contributions come under scrutiny not only because Epstein was involved in brokering them but also because the donations were structured to conceal the true source and avoid public recognition.Meanwhile, Senate Finance Committee Ranking Member Ron Wyden has escalated concerns by requesting documents from the DOJ, Treasury, and FBI about Black's financing of Epstein's operations. Wyden's investigation revealed that Black transferred at least $170 million to Epstein between 2012 and 2017—far exceeding the $158 million previously acknowledged—and that some of those funds directly supported Epstein's operations in the U.S. Virgin Islands. In 2023, Black settled claims with the USVI by paying $62.5 million—a case that stated some of his payments were used to fund Epstein's illicit activities on Little St. James Island. Critics argue that the use of IPI and other charitable vehicles to mask these funds reflects a deliberate effort to launder legitimacy onto Epstein's network.to contact me:bobbycapucci@protonmail.comsource:https://www.dn.no/politikk/the-international-peace-institute/jeffrey-epstein/terje-rod-larsen/leon-black-did-like-his-adviser-jeffrey-epstein-gave-anonymously-to-un-affiliated-think-tank/2-1-897114Become a supporter of this podcast: https://www.spreaker.com/podcast/the-epstein-chronicles--5003294/support.

In this episode of Hymans Robertson On... Investment, Ben Farmer is back in the hosting chair to bring you a mainstay episode in the form of a Capital Markets mid-year update for 2025. Ben is joined by Chris Arcari, Head of Capital Markets at Hymans Robertson, and Torsten Slok, Chief Economist at Apollo Global Management, to take a look at market movements from the first half of 2025 and discuss what we might expect to see in the second half of the year.Throughout the episode, our experts cover: How US growth can be likened to a well-known sports brand's swoosh. Recession risks.Market impacts and areas of relative value. An outlook for private market assets.They round off the episode with some practical takeaways:Understanding equity allocations, including exposure to the US and specific sectors. Reviewing currency hedging, given that the US may no longer be the 'safe haven' it once was.Assessing credit exposure. If you have any questions, or would like to discuss any of the topics covered further, please get in touch.Chapters01.10 – Introduction02.16 – Quick summary of economic and market developments 2025 to date04.20 – Key economic themes and “Nike Swoosh” expectations08.50 – Recession risks and bubble conditions14.06 – Market impacts and areas of relative value16.51 – Outlook for private market assets21.18 – Practical takeaways and implications for asset allocation decisions23.52 – Summary and wrap upRelated contentInvestment perspectives - July 2025 editionCapital Markets update - Summer 2025Daily Spark - Apollo AcademyHymans Robertson disclaimerThis podcast has been prepared by Hymans Robertson LLP, and is based upon our understanding of events as at release date. It is designed to be a general summary of topical investment matters and is not specific to the circumstances of any particular employer or pension scheme. The information contained in this podcast should not be construed as advice and not be considered as a substitute for specific advice as the information is generic in nature. Where a podcast refers to legal matters please note that Hymans Robertson is not qualified to provide legal opinion and therefore you may wish to obtain independent legal advice to consider any relevant law and/or regulation. Hymans Robertson LLP accepts no liability for errors or omissions. Your Hymans Robertson LLP consultant will be pleased to discuss matters raised in this podcast in greater detail. Guests views are separate to that of Hymans Robertson.The information provided in this broadcast is not financial advice. Past performance is not a guide to the future. Please note the value of investments, and income from them, may fall as well as rise. This includes but is not limited to equities, government or corporate bonds, derivatives and property, whether held directly or in a pooled or collective investment vehicle. Further, investments in developing or emerging markets may be more volatile and less marketable than in mature markets. Exchange rates may also affect the value of investments. As a result, an investor may not get back the full amount of the original investment. Past performance is not necessarily a guide to future performance. Hymans Robertson LLP is authorised and regulated by the Financial Conduct Authority and Licensed by the Institute and Faculty of Actuaries for a range of investment business activities.

Trucking and logistics company Forward Air is on the verge of a potential acquisition⁠, with several private equity firms, including Clearlake Capital and Apollo Global Management, submitting bids, causing its shares to surge 10%. This interest follows intense pressure from activist investors after the company's heavily contested merger with Omni Logistics, which shareholders criticized for its structure and the large debt burden it placed on Forward. In maritime news, ⁠a historic order has been placed for a new liquefied natural gas (LNG) vessel to be built at a Philadelphia shipyard⁠, marking the first of its kind in the U.S. in nearly 50 years. This joint-build project by Hanwha Ocean and Hanwha Philly Shipyard aims to comply with new rules proposed by the United States Trade Representative, which are designed to counter China's dominance in shipping and shipbuilding by requiring a percentage of U.S. LNG exports to be transported on U.S.-flagged and crewed vessels. On the railroad front, ⁠CSX reported a decline in its second-quarter profits, with operating income falling 11% and revenue decreasing 3%⁠. Despite these financial setbacks, executives expressed encouragement regarding the railroad's operational recovery during the quarter, highlighting improvements in on-time performance. CSX anticipates overall volume growth for the year, driven by numerous industrial development projects becoming operational and the ongoing conversion of freight from highway to intermodal transport. Learn more about your ad choices. Visit megaphone.fm/adchoices

Trucking and logistics company Forward Air is on the verge of a potential acquisition, with several private equity firms, including Clearlake Capital and Apollo Global Management, submitting bids, causing its shares to surge 10%. This interest follows intense pressure from activist investors after the company's heavily contested merger with Omni Logistics, which shareholders criticized for its structure and the large debt burden it placed on Forward. In maritime news, a historic order has been placed for a new liquefied natural gas (LNG) vessel to be built at a Philadelphia shipyard, marking the first of its kind in the U.S. in nearly 50 years. This joint-build project by Hanwha Ocean and Hanwha Philly Shipyard aims to comply with new rules proposed by the United States Trade Representative, which are designed to counter China's dominance in shipping and shipbuilding by requiring a percentage of U.S. LNG exports to be transported on U.S.-flagged and crewed vessels. On the railroad front, CSX reported a decline in its second-quarter profits, with operating income falling 11% and revenue decreasing 3%. Despite these financial setbacks, executives expressed encouragement regarding the railroad's operational recovery during the quarter, highlighting improvements in on-time performance. CSX anticipates overall volume growth for the year, driven by numerous industrial development projects becoming operational and the ongoing conversion of freight from highway to intermodal transport. Learn more about your ad choices. Visit megaphone.fm/adchoices

We connect with New York-based Torsten Slok, Chief Economist of Apollo Global Management, to discuss the US economy. This highly compelling discussion touches on the path of likely slowing of the US economy, outlook of inflation and jobs, labour productivity, impact of AI on jobs, Fed independence, likelihood of financial repression, fiscal dominance, bond market liquidity, investor sentiment, and stable coin. In all of these topics, Torsten has sharp insights; a must listen.See omnystudio.com/listener for privacy information.

Torsten rejoins Jason in the New York podcast studio to exchange thoughts on Fed independence (and the course for monetary policy), the direction of US trade policy (and economic implications), along with 2H25 market outlooks and portfolio positioning considerations. Featured are Jason Draho, Head of Asset Allocation Americas, UBS Chief Investment Office, and Torsten Slok, Partner and Chief Economist with Apollo Global Management. Host: Daniel Cassidy

In this episode of Hashtag Trending, host Jim Love discusses concerns over the AI-driven stock market rally, with Torsten Slok of Apollo Global Management warning of potential overvaluation akin to the .com bubble. OpenAI shifts part of its ChatGPT infrastructure to Google Cloud, highlighting strains with Microsoft. Broadcom makes controversial changes to VMware's partner program, while Delta investigates AI-driven dynamic pricing models. Finally, a Canadian Internet Registration Authority report reveals rising AI adoption and concerns over misinformation and deep fakes in Canada. 00:00 Introduction and Headlines 00:32 AI Bubble: A Warning from Wall Street 02:45 OpenAI's Surprising Move to Google Cloud 04:56 Broadcom's Controversial Partner Program Changes 06:30 Delta's AI-Driven Pricing Model 08:08 Canadian Internet Insights: AI Adoption and Concerns 10:12 Conclusion and Upcoming Episodes

We keep hearing the refrain that there's billions of dollars sitting on the sidelines for commercial real estate. Well if that's true, then why is it so hard to raise capital in the current environment? Every investor and every developer I speak with is saying that investors are sitting on their wallets. There is a substantial amount of dry powder available for commercial real estate investment across various firms, with London-based investment data company Preqin putting the number at more than $350 billion. Much of it is held by the largest private equity and alternative investment firms, including Blackstone, Brookfield Asset Management, Ares Management, KKR, Carlyle Group, Apollo Global Management, TPG Capital and Starwood Capital Group.Much of the dry powder was raised three or more years ago and has been left unspent. Funds often have set periods during which they must spend money they've taken in from investors, and that deadline is approaching with many companies showing new signs of activity. -------------**Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1)   iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613)   Website: [www.victorjm.com](http://www.victorjm.com)   LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce)   YouTube: [The Real Estate Espresso Podcast](http://www.youtube.com/@victorjmenasce6734)   Facebook: [www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso)   Email: [podcast@victorjm.com](mailto:podcast@victorjm.com)  **Y Street Capital:** Website: [www.ystreetcapital.com](http://www.ystreetcapital.com)   Facebook: [www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital)   Instagram: [@ystreetcapital](http://www.instagram.com/ystreetcapital)  

In this episode of Investing for Tomorrow, we unpack the digital transformation reshaping investment organisations and the evolving landscape of private markets. Joined by Martin Dietz, Head of Diversified Strategies at L&G Asset Management, and Christine Moy, Head of Digital Assets, Data & AI Strategy at Apollo Global Management, we explore how blockchain, tokenisation, and AI are driving innovation, operational efficiency, and new opportunities across asset management. We discuss the shift from fragmented record keeping to unified infrastructure, the power of programmable finance to democratise private markets, and the accelerating role of AI in transforming the industry. Resources mentioned: Research paper: The Future of Wealth Management: Ultra-efficient portfolios of traditional and alternative investments powered by tokenization Artwork: Everydays by Beeple

S&P futures are pointing to a slightly higher open today, up +0.1%. Asian markets had a mixed session on Thursday. The Hang Seng dropped (0.6%) amidst weakness in property stocks while Japan's Nikkei dipped as uncertainty around trade talks weighed on sentiment. European markets are broadly higher in early trades, with the STOXX 600 up +0.3% and the FTSE 100 leading at +0.5%. President Trump announced a trade deal with Vietnam, imposing a 20% tariff on exports to the U.S. and 40% on transshipments, reduced from an earlier proposed 46%. The U.S. will face zero tariffs on exports to Vietnam, though specifics on product groups and transshipment provisions remain unclear. Companies Mentioned: Old Point Financial, Apollo Global Management, TripAdvisor

Apollo Global Management President Jim Zelter calls talk of President Donald Trump possibly naming his next pick early for Federal Reserve Chair “a great distraction of headlines.” Zelter also weighs in on the US deficit and decline of the dollar. He is joined by Bloomberg hosts, Jonathan Ferro, Lisa Abramowicz, and Annmarie Hordern.See omnystudio.com/listener for privacy information.

Is the space sector actually financed in the right way? That's probably the main question I'm discussing with my guest Justin Stevens, founder and CEO of the investment firm Overlap Holdings. He spent 18 years at Apollo Global Management, a very prominent private equity firm. So he's a Wall Street guy like me and, I think, qualified to voice an opinion on this questions which we may not ask enough. Enjoy!  

The US and China de-escalated trade tensions, agreeing to a preliminary deal on how to implement the consensus the two sides reached in Geneva, negotiators for both sides said. While the full details of their accord weren't immediately available, US negotiators said they "absolutely expect" that issues around shipments of rare earth minerals and magnets will be resolved with the framework implementation. We get reaction from George Schultze, Founder and CEO at Schultze Wealth Management. Financial markets were closely watching whether the world's largest economies can find a way to tamp down trade tensions that economists say have tipped the world economy into a downturn, with the US among the hardest hit. Despite the modest moves Wednesday, global stocks are still at a record high, having recovered from their April lows as President Donald Trump suspended his tariffs until July 9th. For more, we hear from Matthew Michelini, Partner and Head of Asia-Pacific at Apollo Global Management. He speaks with Bloomberg's Yvonne Man at the Bloomberg Invest Summit in Hong Kong.See omnystudio.com/listener for privacy information.

The largest opportunity emerging in private credit is investing in investment grade assets, according to Jim Zelter, president of Apollo Global Management. Speaking to Bloomberg’s Kriti Gupta at SuperReturn International, a private capital conference in Berlin, Zelter said that about three-quarters of Apollo’s assets are placed in the investment-grade market.See omnystudio.com/listener for privacy information.

My guest today is John Zito. John is the Co-President of Apollo Global Management. He shares how they've quietly built one of the most important financial institutions of our time, originating over $250 billion annually. John's thesis on the convergence of private and public markets - and Apollo's positioning to capture 100% of client portfolios rather than just alternatives allocations - offers a fascinating glimpse into where institutional investing is heading. We discuss the cultural and strategic elements that drive John, Apollo's merger with Athene, the idea of artistry at scale, and the evolution of capital markets. Please enjoy my conversation with John Zito.  For the full show notes, transcript, and links to mentioned content, check out the episode page⁠⁠⁠ here.⁠⁠⁠ ----- This episode is brought to you by⁠⁠⁠ Ramp⁠⁠⁠. Ramp's mission is to help companies manage their spend in a way that reduces expenses and frees up time for teams to work on more valuable projects. Go to⁠⁠⁠ Ramp.com/invest⁠⁠⁠ to sign up for free and get a $250 welcome bonus. – This episode is brought to you by⁠⁠⁠⁠ Ridgeline⁠⁠⁠⁠. Ridgeline has built a complete, real-time, modern operating system for investment managers. It handles trading, portfolio management, compliance, customer reporting, and much more through an all-in-one real-time cloud platform. Head to⁠⁠⁠⁠ ridgelineapps.com⁠⁠⁠⁠ to learn more about the platform. –  This episode is brought to you by⁠⁠⁠ AlphaSense⁠⁠⁠. AlphaSense has completely transformed the research process with cutting-edge AI technology and a vast collection of top-tier, reliable business content. Invest Like the Best listeners can get a free trial now at⁠⁠⁠ Alpha-Sense.com/Invest⁠⁠⁠ and experience firsthand how AlphaSense and Tegus help you make smarter decisions faster. ----- Editing and post-production work for this episode was provided by The Podcast Consultant (⁠⁠⁠https://thepodcastconsultant.com⁠⁠⁠). Show Notes: (00:00:00) Welcome to Invest Like the Best (00:05:55) The Rise of Apollo and Credit Markets (00:08:05) Innovations in Asset Management (00:11:42) The Role of the US in Global Capital Markets (00:15:26) The Future of Asset Management and Investment Strategies (00:21:03) The Impact of Interest Rates on Investment (00:25:27) Apollo's Business Model and Growth (00:25:17) The Changing Landscape of Private Markets (00:46:03) Apollo's Culture and Vision (00:47:54) The Importance of Company Culture (00:52:52) The Future of Private and Public Markets (00:57:50) Building a Great Origination Platform (01:02:03) Exciting Deals and Personal Stories (01:14:47) The Role of AI and Future Opportunities (01:22:16) Maintaining Company Culture Amidst Change (01:24:06) The Kindest Thing Anyone Has Ever Done For John

For many years, the continued rise of private markets has been defined by assets under management (AUM), while the composition of the industry evolved significantly. This week, two of McKinsey’s Private Capital Practice experts are joined by Neil Mehta from Apollo Global Management to discuss the diverse types of non-traditional private capital increasingly being raised by general partners (GPs), and how asset managers will need to continue to adapt to meet this growing complexity and the variety of needs that their investors are looking to them to solve. McKinsey Senior Partner Alexander Edlich is a senior leader in McKinsey’s Private Capital Practice, and is based in New York. He’s the lead author of our 2025 Global Private Markets Review, and has more than two decades of experience advising financial services firms, including alternative asset managers and investors, on how to address ever-changing industry dynamics. McKinsey Partner Paul Maia co-leads McKinsey’s work on advising the C-suite of private capital GPs, as well as the private capital arms of institutional investors, and is based in Washington, D.C. Neil Mehta is a partner and global head of new markets at Apollo Global Management in New York, where he is responsible for driving growth into markets that have historically had limited exposure to private assets, including traditional asset management, defined contribution, and tax advantage strategies. Neil is also a member of Apollo’s leadership team. Related insights Alternative assets get more alternative: The rise of novel AUM forms Global Private Markets Report 2025: Braced for shifting weather Thematic investing: A win–win for private equity and the planet Private capital: The key to boosting European competitiveness McKinsey Insights on Private Capital McKinsey Insights on Strategy & Corporate Finance McKinsey Strategy & Corporate Finance on LinkedInSupport the show: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information

Jim Zelter, President of Apollo Global Management discusses the retail markets reaction to Trump's trade deals. He is joined by Bloomberg's Ed Ludlow and Caroline Hyde.See omnystudio.com/listener for privacy information.

In this episode of Energy Evolution, Taylor Kuykendall interviews Jonathan Silver, chair of the Global Climate Council at Apollo Global Management and co-founder of the new advisory firm Multiplier. Silver, who was executive director of the US Department of Energy's Loan Programs Office during the Obama administration, shares insights on the current clean energy financing landscape and discusses his work with sustainability-focused startups. Silver emphasizes the importance of helping early-stage companies connect with customers and navigate the complexities of capital raising and exit strategies. Silver notes substantial changes in clean energy policies following the recent presidential administration shift, emphasizing that while regulatory environments may fluctuate, the momentum for clean technology is undeniable and irreversible. Silver also underscores the vital role of federal government support in advancing clean energy technologies, while also addressing the challenges posed by uncertainty in public policy. The discussion concludes with a look at future opportunities in clean energy, including advancements in solar, wind, battery storage, and water technologies, as well as the importance of addressing environmental tipping points.

In this episode of Energy Evolution, Taylor Kuykendall interviews Jonathan Silver, chair of the Global Climate Council at Apollo Global Management and co-founder of the new advisory firm Multiplier. Silver, who was executive director of the US Department of Energy's Loan Programs Office during the Obama administration, shares insights on the current clean energy financing landscape and discusses his work with sustainability-focused startups. Silver emphasizes the importance of helping early-stage companies connect with customers and navigate the complexities of capital raising and exit strategies. Silver notes substantial changes in clean energy policies following the recent presidential administration shift, emphasizing that while regulatory environments may fluctuate, the momentum for clean technology is undeniable and irreversible. Silver also underscores the vital role of federal government support in advancing clean energy technologies, while also addressing the challenges posed by uncertainty in public policy. The discussion concludes with a look at future opportunities in clean energy, including advancements in solar, wind, battery storage, and water technologies, as well as the importance of addressing environmental tipping points.

Alonso Munoz says his firm has been buying into the recent correction and remains a fan of Big Tech. He explains how investors have been "ripping off the band-aid" and opening doors to new opportunities. On his stock picks, Alonso labels Alphabet (GOOGL) as "cheap" due to its A.I. exposure and diversified businesses. He later explains Apollo Global Management's (APO) role in the alternative asset "gold rush," and how Tesla's (TSLA) can drive back to all-time highs with its robotaxi.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

Apollo Global Management CEO/Co-Founder Marc Rowan says that the Trump Administration is not wrong for enacting tariffs. He speaks at the Milken Conference with Bloomberg's Sonali Basak.See omnystudio.com/listener for privacy information.

Eric Hanno, CFA, is co-head of Apollo Global Management's Apollo Aligned Alternatives (AAA) strategy. He and host Mike Wallberg, CFA, discuss the current market dynamics for semi-liquid investments amid high levels of uncertainty and volatility in public markets. Eric shares insights on consumer and business confidence trends, the impact of tariffs, and the overall energy in Apollo's offices. With a focus on how investors can effectively allocate semi-liquid assets into their portfolios, this episode provides valuable perspectives for navigating today's investment landscape. Tune in for expert insights from a leader in private equity. This podcast is sponsored by Fintool. Fintool is a comprehensive suite of AI-powered tools designed for modern fundamental research. Check them out at https://fintool.com/

Apollo Global Management has issued a severe warning for the U.S., forecasting mass layoffs in the trucking and retail sectors expected to begin in the next four to six weeks due to the ripple effects of tariffs and trade uncertainty. This outlook includes anticipated shortages across the retail space as import volumes are expected to drop substantially, with declining import volumes impacting trucking workloads and forcing carriers to cut labor costs. DHL has ended its temporary suspension on shipping medium-value business-to-consumer (B2C) goods valued between $800 and $2,500 to the United States after negotiating changes to customs rules that previously created administrative burdens and shipment backlogs. This allows these shipments to once again enter the U.S. using expedited informal declaration processes, although DHL noted customers might still experience some slight delays as they work through the backlog. President Trump has signed an executive order requiring the nation's truck drivers to be proficient in speaking and reading English. The order mandates revising out-of-service criteria to ensure drivers violating this English proficiency rule are placed out-of-service, aiming to enhance roadway safety by adding enforcement to existing federal law. Upcoming FreightWaves TV programming includes 'Check Call' and 'Loaded and Rolling'. FreightWaves is also hosting the Freight Fraud Symposium in Dallas on May 14th, and nominations for the Fraud Fighters Award close on Friday. Learn more about your ad choices. Visit megaphone.fm/adchoices

Apollo Global Management has issued a severe warning for the U.S., forecasting mass layoffs in the trucking and retail sectors expected to begin in the next four to six weeks due to the ripple effects of tariffs and trade uncertainty. This outlook includes anticipated shortages across the retail space as import volumes are expected to drop substantially, with declining import volumes impacting trucking workloads and forcing carriers to cut labor costs. DHL has ended its temporary suspension on shipping medium-value business-to-consumer (B2C) goods valued between $800 and $2,500 to the United States after negotiating changes to customs rules that previously created administrative burdens and shipment backlogs. This allows these shipments to once again enter the U.S. using expedited informal declaration processes, although DHL noted customers might still experience some slight delays as they work through the backlog. President Trump has signed an executive order requiring the nation's truck drivers to be proficient in speaking and reading English. The order mandates revising out-of-service criteria to ensure drivers violating this English proficiency rule are placed out-of-service, aiming to enhance roadway safety by adding enforcement to existing federal law. Upcoming FreightWaves TV programming includes 'Check Call' and 'Loaded and Rolling'. FreightWaves is also hosting the Freight Fraud Symposium in Dallas on May 14th, and nominations for the Fraud Fighters Award close on Friday. Learn more about your ad choices. Visit megaphone.fm/adchoices

Watch The X22 Report On Video No videos found Click On Picture To See Larger PictureTrump sends a message to the Canadian people, letting them know that when they are done with Carney you can become the 51st state. Students now have to pay back their loans. [CB] panic. [CB] pushing fake news to bring down the economy, big fail. Gold/Bitcoin is shining bright, the Fed is becoming irrelevant. This is the [DS] last stand, Trump and the team are making them so desperate that they are committing treason and sedition. Trump is now calling for the arrest of those who used the autopen. Follow the pen which will lead everyone to who is financing the entire operation. In the end the people are going to see the truth and once this happens the game is over.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy    BORDER. ALL POSITIVES WITH NO NEGATIVES. IT WAS MEANT TO BE! America can no longer subsidize Canada with the Hundreds of Billions of Dollars a year that we have been spending in the past. It makes no sense unless Canada is a State! https://twitter.com/unusual_whales/status/1916719273407627329  isn't going to be any loan forgiveness program." https://twitter.com/WallStreetApes/status/1916824047771373804 “Trump is an economic terrorist” says ex-central bank president   The former head of the Dutch central bank, Nout Wellink, has called US president Donald Trump an “economic and political terrorist” for unleashing a trade war with China and pivoting towards Russia over its invasion of Ukraine. “The Chinese have been preparing methodically,” Wellink said. “Actually they were already doing so when I was working there. “They've been diverting trade flows away from America. They're aware that technology is going to be cut off and they'll have to develop their own.” . Source www.dutchnews.nl Trump Trade War Update: Firm Predicts 'Empty Shelves' And Recession By June    Apollo Global Management Chief Economist Torsten Slok on Sunday released a report outlining the timeline for Trump's tariffs to result in empty shelves, layoffs in the trucking and retail sector and a recession this summer. Trump announced his "liberation day" tariffs on April 2 and it takes about 20-40 days for container ships to sail to the U.S. from China, according to Apollo. Slok estimates that container ships coming to U.S. ports could come to a stop by mid May. It then takes about 1-10 days of transit time for trucking/rail to bring goods from the ports to cities. Apollo Global Management predicts that my late May domestic freight demand will "come to a halt" and that there will be "empty shelves" with companies responding "to lower sales." By early June, Slok forecasts there will be layoffs in the the domestic freight and retail industries with a recession hitting the U.S. this summer. Source: ibd.com White House says Trump would veto effort to eliminate 'Liberation Day' tariffs   The Trump administration issued a formal veto threat Monday morning regarding a bipartisan resolution that would terminate the president's emergency powers underpinning his sweeping global tariffs. The Senate is set to vote as early as this week on a resolution to rescind Trump's national emergency declaration justifying the imposition of broad tariffs on imported goods. The White House Office of Management and Budget (OMB) said the president would veto the resolution in the event the resolution makes it to his desk, according to a statement of administration policy exclusively obtained by the Daily Caller News Foundation. "There can be no doubt that S.J. Res.

What do Jeffrey Epstein, private equity-owned insurance, and AI have in common? Josh sits down with bestselling author, co-founder of the media company Puck, and financial journalist William D. Cohan to unpack the forces shaping today's financial landscape. Bill breaks down the rise of Apollo Global Management, its connections to controversial figures, and the risks that come with firms like Athene controlling massive swaths of retirement assets. They dig into the structural flaws in private equity-backed insurers, the dangers of borrowing short and lending long, and how rising interest rates could expose cracks in the system. Josh and Bill also explore how AI is reshaping investment banking and journalism, and why the debate over intellectual property, automation, and job security is just getting started. Can't get enough of The Financial Quarterback? Click ‘Subscribe' so you never miss a play. If you're enjoying the show, leave a 5-star rating and drop a review—it helps keep the game going! Check out Bill Cohan's work: Power Failure: The Rise and Fall of an American Icon – Buy the book Puck – puck.news

The best leaders aren't just great decision-makers—they build cultures. So what does it actually take to create a thriving, high-performance culture?Today's guest, Matt Breitfelder, is one of the most influential leadership architects in modern business. As Partner and Head of Human Capital at Apollo — one of the world's leading asset management companies — he's charged with attracting some of the world's top talent and creating a high performance culture that brings out the best in his teams. This episode with Matt is the first episode in a series of conversations we've been having with global leaders in Human Resources. They are at the forefront of helping define Modern Leadership and what it takes to attract, retain, and build the next generation of leaders. This is a complex challenge as leaders grapple with the turbulent transformations reshaping today's workforce. From the shift to—and from—hybrid work to the integration of emerging technologies, like AI, these conversations highlight the leadership capabilities that will help teams thrive in the modern workplace. We had the opportunity to sit down with Matt recently when we were in New York. During our conversation, we explored what separates great leaders from the rest, how strengths-based leadership unlocks potential, why the best organizations build cultures of trust and challenge, and many other gems of leadership and talent wisdom.You won't want to miss this incredible conversation with Matt Breitfelder.__________________Get discounts and support our amazing sponsors. Go to: https://findingmastery.com/sponsors/Watch this episode and many more on our YouTube ChannelSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Apollo Global Management President Jim Zelter says tariffs announced by President Donald Trump should not come as a surprise and sees US recession odds at “50% or higher depending what happens on the ninth.” He is joined by Bloomberg's Jonathan Ferro and Lisa Abramowicz.See omnystudio.com/listener for privacy information.

En el Radar de hoy vemos uno de los bombazos deportivos de la temporada: Bill Chisholm, socio gerente de Symphony Technology Group, se hace con la franquicia verde por 6100 millones de dólares. Para entender la magnitud de esta venta, es la operación deportiva más costosa de la historia. Supera por 50 millones a la compra de Washington Commanders de la NFL hecha por el co-fundador de la firma de capital privado Apollo Global Management. Dentro de la NBA, son dos mil millones de dólares más que las adquisiciones que se hicieron en 2023, con las ventas de las franquicias Phoenix Suns y Dallas Mavericks. ¿Cuáles son los planes para los próximos años? El negocio es redondo para el que era hasta la semana pasada el dueño de los Celtics: Wyc Grousbeck compró el equipo en 2002 por solo 360 millones. Grousbeck supo aprovechar el mal momento que atravesaba Boston, ya que la franquicia llevaba sin levantar el anillo desde 1986. Además, con la retirada de Larry Bird y de otros jugadores capitales de los ochenta como Kevin McHale, Robert Parish o Dennis Johnson, los Celtics deambularon sin rumbo durante la década de los noventa, sin mucha suerte en el draft. ¿Qué piensa Grousbeck del nuevo dueño? ¿Y qué hay de la plantilla? Ya se sabe que estas decisiones pueden generar malestar en los equipos. Ya ha quedado claro que es un gran fan de la ciudad y del equipo pero a nadie se le escapa que la NBA vive el momento más boyante de su historia. De hecho, Adam Silver, comisionado de la liga, llegó a un acuerdo con la NBC-Comcas, Amazon Prime Video y Disney para la emisión de partidos en los próximos once años. La NBA recibirá de los tres 76.000 millones de dólares. Todos quieren un trozo de la tarta y parecen que no son conscientes de la bajada de audiencia que ha tenido la liga: las finales del año pasado las vieron 11 millones de espectadores, un 3% menos que el año anterior. Además, el comisionado sigue dándole vueltas al tema del All Star. La expectación con el partido de las estrellas es cada vez menor: en 2025 vieron el partido fue 4,7 millones de espectadores, la segunda peor audiencia de la historia. Los Boston Celtics aterrizaron en la NBA en el año 1946 pero no es hasta la década de los cincuenta cuando la franquicia empieza a hacerse un nombre con la llegada del entrenador y posterior ejecutivo Red Auerbach. En el año 56 draftea al que puede ser seguramente el jugador más influyente de la historia del equipo: Bill Russel, que junto a otros jugadores como Cousy, Havlicek o Sam y K.C Jones ganaron ocho anillos consecutivos, once desde el 57 hasta el 69.

See my $220,000+ Stock Portfolio: https://www.patreon.com/citizenoftheyear/postsBest Spring Deals: https://amzn.to/3NGmBPTToday we will take a look at one of the favorite asset classes of the rich: Private Equity. Private Equity offers many benefits including being able to invest in opportunities that are not available on the public market. One of the best alternative investing companies is Apollo Global Management which has had some stellar returns over the years. Check out my favorite research tool Seeking Alpha! Premium: https://www.sahg6dtr.com/3B2L85W/R74QP/Alpha Picks: https://www.sahg6dtr.com/3B2L85W/J8P3N/Chapters0:00 Introduction to Private Equity4:25 Apollo Global Management Disclaimer:This is not financial advice and I am not a licensed financial advisor. Always do your own research before investing and work with a licensed financial advisor. These are my opinions for informational purposes only and not to be taken as investing advice. Some of the links on this page are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. As an Amazon Associate, I earn from qualifying purchases. Affiliate commissions help fund videos like this one

En este episodio de Arquitectura de los Negocios, hablamos de las fuentes de ingresos de la Liga MX, siendo la principal los derechos de transmisión, con los que hay equipos que pueden tener ingresos de alrededor de $30 millones de dólares al año. También explicamos la posibilidad de inversión del fondo Apollo Global Management de alrededor 1,250 millones de dólares, para profesionalizar la liga y centralizar varias cuestiones. Así como los ingresos, merchandising, boletaje, estadios y el cambio de nombre del Estadio Azteca.Prueba Whitepaper 30 días gratis

This Day in Legal History: National Referendum on ApartheidOn March 17, 1992, South Africa took a decisive step toward dismantling apartheid through a historic national referendum. White South African voters were asked whether they supported the government's efforts to end apartheid and negotiate a new, democratic constitution. An overwhelming 68.7% voted in favor, signaling broad support for ending over four decades of racial segregation. This referendum provided then-President F.W. de Klerk with the political mandate to continue negotiations with the African National Congress (ANC) and other groups. The result was a major victory for the anti-apartheid movement, which had long fought against the country's system of institutionalized racial oppression.The referendum was limited to white voters, who had historically benefited from apartheid, making their approval a crucial moment in South African history. It paved the way for the country's first multiracial elections in 1994, in which Nelson Mandela was elected president. With this, South Africa officially transitioned from an apartheid state to a democracy, enshrining equal rights for all citizens. The vote also marked the beginning of legal reforms that led to the adoption of a new constitution in 1996. While the end of apartheid did not immediately erase economic and social inequalities, the referendum remains a defining moment in the country's legal and political history. It demonstrated that legal systems, even when designed to uphold injustice, can be reformed through democratic means.A federal judge ruled that the Consumer Financial Protection Bureau (CFPB) must reinstate probationary employees it had recently terminated. As a result, the agency is bringing back those workers, along with most term employees, and providing them with back pay. However, term employees with more than two years of service were not reinstated. The CFPB had initially fired 70 enforcement attorneys and up to 100 other employees after acting Director Russell Vought took over in February. The judge's decision is part of a broader legal battle over federal workforce reductions, with similar rulings affecting multiple agencies. Despite this setback, the Trump administration remains committed to deep staffing cuts across federal agencies, with reduction plans already submitted to the Office of Personnel Management. The firings had faced opposition from the National Treasury Employees Union, which reached an agreement with the CFPB to pause additional terminations while another court considers an injunction. The reinstatement process has been messy, with workers unsure of their status and vendor contracts disrupted. However, legally mandated CFPB functions, such as consumer response, are being prioritized for restoration.CFPB Brings Back Probationary Employees After Judge's RulingTrump has escalated his attacks on major law firms, this time targeting Paul Weiss, a firm known for representing top financial institutions and engaging in high-profile pro bono work. His executive order directs federal agencies to cut ties with companies that are Paul Weiss clients and suspend the firm's lawyers' security clearances. The move follows similar actions against Perkins Coie and Covington & Burling. Paul Weiss has deep ties to Wall Street, with clients including JPMorgan Chase, Goldman Sachs, and Apollo Global Management. Some of these corporate leaders have criticized Trump's tariff policies, potentially influencing his decision to go after the firm.Trump's order highlights Paul Weiss's past work, including its involvement in a lawsuit against the Proud Boys and Oath Keepers over the January 6 Capitol riot. The firm has a long history of civil rights advocacy, from Brown v. Board of Education to LGBTQ+ and voting rights cases. Critics argue Trump's actions are politically motivated, targeting firms with Democratic connections while ignoring their bipartisan donor base. A federal judge previously blocked a similar order against Perkins Coie, and Paul Weiss is expected to mount a strong legal challenge. However, even if the order is overturned, the chilling effect is real—firms risk losing business from clients wary of crossing Trump. Some industry experts believe this could push law firms to unite against political interference, but whether collective action emerges remains uncertain.Trump Fights Paul Weiss as Wall Street Seeks President's EarTrump targets law firm Paul Weiss in order restricting government access | ReutersThe Trump administration deported hundreds of Venezuelan migrants despite a federal judge's order blocking the move. The deportations targeted alleged members of the Tren de Aragua gang, whom the administration labeled as “terrorists.” The White House dismissed the court's authority, arguing that a single judge could not override the president's powers on immigration and national security. Judge James Boasberg had ruled that Trump's use of the Alien Enemies Act to justify the deportations was unlawful, as the law applies only to conflicts “commensurate to war.” Despite this, flights carrying the migrants landed in El Salvador, where President Nayib Bukele publicly mocked the judge's ruling and confirmed the men were being imprisoned.Legal experts, including the ACLU, argue the administration is in open defiance of the court and may have violated constitutional checks and balances. The White House claimed that some migrants had already been deported before the judge's order, but it remains unclear if others were removed afterward. Critics see this as an unprecedented challenge to judicial authority, while Trump defended the deportations, calling the migrants "bad people" and insisting the situation amounted to war. The legal battle over these actions is expected to continue, with calls for the U.S. government to reverse any unlawful removals.Trump administration deports Venezuelans despite court order, says judge has no authorityThe White House is taking an unprecedented role in overseeing the sale of TikTok's U.S. operations, with Vice President JD Vance leading the process. Instead of a traditional investment bank managing the auction, Vance's legal team is directly engaging with bidders and advising on their offers. President Trump has emphasized his control over the sale, claiming multiple groups are interested, while also suggesting the U.S. government could take a 50% stake in TikTok's American assets.The sale process is highly unusual, lacking a defined valuation or clear asset structure, and ByteDance, TikTok's Chinese parent company, has shown minimal engagement. Potential buyers, including investors like Frank McCourt and Kevin O'Leary, face an April 5 deadline to reach a deal. However, Beijing's involvement and the possibility that ByteDance could simply shut down TikTok in the U.S. add further uncertainty.While the U.S. government has previously intervened in corporate deals for national security or economic stability reasons, experts question whether TikTok meets such criteria. Trump, who initially sought to ban TikTok, has since acknowledged its role in helping him gain young voters. The app's sale price remains uncertain, largely depending on whether its valuable recommendation algorithm is included. With intense competition among bidders and political interests shaping the process, the outcome remains unpredictable.The White House's unusual role as dealmaker in TikTok sale | ReutersIn a piece I wrote for Forbes this weekend, I lay out what I reckon is the Trump administration's plan to dismantle Social Security and Medicare. The Trump administration's proposal to eliminate taxes for individuals earning under $150,000 sounds appealing at first but carries severe consequences. Social Security and Medicare rely heavily on payroll taxes, which most workers in this income range pay more than income taxes. If these taxes are removed, the programs will be starved of funding, leading to either massive deficit spending, extreme benefit cuts, or a shift to regressive taxes like sales taxes. The proposal, combined with extending the 2017 Tax Cuts and Jobs Act (TCJA), would disproportionately benefit the wealthy while leaving the middle class to shoulder the remaining tax burden. The TCJA already made corporate tax cuts permanent while setting individual cuts to expire by 2025, favoring the rich. If this new plan moves forward, those earning just above $150,000 could become the last major tax-paying bracket, while state and local taxes would likely rise to compensate. The ultra-wealthy, who benefited the most from previous tax cuts, are unlikely to pick up the slack. Rather than a tax break for workers, the proposal appears to be a backdoor attempt to dismantle entitlement programs. If no one is paying in, no one gets benefits out—a reality Trump's allies don't want to admit.Trump Administration's No Taxes Under $150k Proposal Is A Disaster This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe

We break down what's at stake for your money with our all-star panel including Sofi's Liz Young Thomas, NewEdge's Cameron Dawson and our own Kristina Partsinevelos, Seema Mody and Steve Liesman. Plus, Apollo Global Management's Brian Fuertado reveals where he is seeking safety amid the market uncertainty. And, we drill down on some big moves in the energy space. 

Major tech companies dragged down stock indexes Monday. Plus: Nike shares surge after Jefferies raised its recommendation. Apollo Global Management plans to buy Bridge Investment Group for $1.5 billion. And Warren Buffett's Berkshire Hathaway is sitting on a record pile of cash. Danny Lewis hosts. Sign up for the WSJ's free What's News newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of the Investing in Integrity podcast, Ross Overline, CEO and co-founder of Scholars of Finance, speaks with Reggie Love, Senior Advisor at Apollo Global Management.  Reggie discusses his inspiring journey from college athlete to key aide for Barack Obama and now as a leader in finance. We explore the pivotal role of mentorship in developing leaders, effective leadership qualities, and financial services' transformative impact on promoting equality. Reggie shares valuable insights on integrity in finance, the traits of successful mentees, and the importance of community engagement. This conversation offers meaningful takeaways for students, professionals, and executives alike. Reggie's story is a testament to the power of hard work, resilience, and the importance of giving back to the community. Tune in to discover how you can make finance a force for good! Meet Reggie Love Reggie Love is a Senior Advisor at Apollo Global Management, where he leads strategies in human capital, public engagement, and DE&I initiatives. Known for his tenure as one of President Obama's longest-serving aides, Reggie played a crucial role in the inner circle, bridging Obama's public and private affairs. His memoir, Power Forward: My Presidential Education, chronicles his front-row experience during Obama's historic campaign and presidency. Reggie also served as a Partner at RON Transatlantic EG, focusing on financial services and energy investments across the U.S., Latin America, and Europe. His career reflects a commitment to leadership, resilience, and change.

In the latest installment of his series examining private equity in the tech sector, LionTree's Antal Runnebom speaks with Reed Rayman, a Partner in Private Equity at Apollo Global Management. Making his first-ever podcast appearance, Reed discusses his 15-year career at Apollo, and the “value on the buy, growth once we own” philosophy that has guided the firm's deals with companies including Western Digital, Intel, Shutterfly, Expedia, Cimpress, ADT and Yahoo. Tune in to find out why 2025 will be the “new 2024,” and learn about Reed's approach to investing in the space.This podcast is for information purposes only. The opinions and views expressed in this material are solely the participant's personal opinions and do not necessarily reflect the opinions of LionTree or its affiliates. This material should not be copied, distributed, published, or reproduced, in whole or in part, or disclosed by any recipient to any other person without the express written consent of LionTree. The information contained in this material does not constitute a recommendation, offer or solicitation from any LionTree entity to the recipient with respect to the purchase or sale of any security, and LionTree is not providing any financial, economic, legal, investment, accounting, or tax advice through this material or to its recipient. Neither LionTree nor any of its affiliates makes any representation or warranty, express or implied, as to the accuracy or completeness of the statements or any information contained in this material and any liability therefore (including in respect of direct, indirect, or consequential loss or damage of any kind whatsoever) is expressly disclaimed. LionTree does not undertake any obligation whatsoever to provide any form of update, amendment, change or correction to any of the information, statements, comments, views, or opinions set forth in this material.Third-party content may be published on LionTree pages in response to this material. Such content is not reviewed by LionTree before it is displayed and LionTree cannot guarantee the accuracy or completeness of such content. The opinions and views expressed by the authors of such third-party content are solely the author's personal opinions and do not necessarily reflect the opinions of LionTree or its affiliates. LionTree reserves the right to remove, alter or edit any third-party content published on LionTree pages. LionTree expressly disclaims any liability (including in respect of direct, indirect, or consequential loss or damage of any kind whatsoever) arising out of, or in connection with, the access or use of any social media platform or LionTree page. Use of a social media platform or LionTree page is at your own risk.Securities of any investment funds managed by LionTree are privately offered to selected investors only by means of each such fund's governing documents and related subscription materials. Listeners and viewers should not assume that companies identified in this audio and/or video are representative of all investments made or recommended by LionTree on behalf of each firm's clients. An investment with LionTree is speculative and involves significant risks including the potential loss of all or a substantial portion of invested capital and the lack of liquidity of an investment. Past performance is not indicative of future results.For further information, please see: https://liontree.com/disclaimer/. If you have questions, please go to https://liontree.com/ and select “Contact.”See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In this episode, Scott Becker highlights private equity successes with Apollo Global Management and KKR, explores concerns about U.S. economic reliance on debt, and discusses trends in cannabis stocks, GI procedures, and the digital health space.

In this episode, Scott Becker highlights private equity successes with Apollo Global Management and KKR, explores concerns about U.S. economic reliance on debt, and discusses trends in cannabis stocks, GI procedures, and the digital health space.

Private credit could become a $40 trillion market in five years, according to Apollo Global Management. “We’re going to get there really soon,” Akila Grewal, the firm’s global head of credit product, tells Bloomberg News’ James Crombie and Bloomberg Intelligence analyst Matt Geudtner in the latest Credit Edge podcast. Currently, “we estimate it’s a $20 trillion market,” she adds, referring to asset-based finance. Grewal and Geudtner also discuss relative risk and returns between public and private markets, retail investment, real estate opportunities, advantages for borrowers to raising capital privately and the fundraising environment. See omnystudio.com/listener for privacy information.

Torsten rejoins Jason in the New York podcast studio to exchange 2024 reflections, and 2025 expectations - spanning market returns, monetary policy, and the macro environment for the US, and around the world. We also spend time addressing investment themes, and allocation preferences as we head into a new year. Featured are Jason Draho, Head of Asset Allocation Americas, UBS Chief Investment Office, and Torsten Slok, Partner and Chief Economist with Apollo Global Management. Host: Daniel Cassidy

Major policy shifts in immigration, taxes, trade, energy, health care, and pandemic-era programs passed under the Biden Administration look increasingly likely with Donald Trump capturing the White House and his fellow Republicans taking control of both houses of Congress for the first time in two years. Our panel of experts share their views on what this sea change may mean for the economy and Federal Reserve, as well as the impact on states, localities, and the $4 trillion municipal bond market, including the possible elimination of the federal tax exemption on most muni bond interest. Our panel of experts includes Torsten Slok, Partner and Chief Economist, Apollo Global Management; Annie Linskey, Wall Street Journal White House Reporter; Former US Representative Carolyn Bourdeaux (D-GA); Eric Kazatsky, Head of Municipal Strategy, Bloomberg LP; and Teryn Zmuda, Chief Research Officer and Chief Economist, National Association of Counties (NACo). Notable Quotes: “The short version of what's happening is that the economy is doing really well. GDP growth for the last two and a half years has continued to surprise from the upside. The big issue in financial markets and policymaking continues to be why did Fed hikes not slow the economy down more, why was GDP growth in the third quarter 2.8, and why is GDP growth in the fourth quarter, according to the Atlanta Fed, going to be 3.3.” - Torsten Slok “The primary program that they (the White House) are working on which impacts states and localities is getting money out of the door for the CHIPS Act. It was a $39 billion program, about $30 billion of that is tied up right now in complicated negotiations between the government and companies, and so the Biden administration is working very hard right now to get those negotiations finished.” - Annie Linskey “This brings me to the DOGE effort, and you have Elon Musk and Vivek Ramaswamy out there pounding their chests about how they are going to make all these dramatic cuts. Well, most of us who have been around the block on budgeting know that it's really easy to do this in the abstract, but it is very hard to do it when you are actually putting programs on the line.” - Carolyn Bourdeaux “When we're thinking about the effects of any administration and talking about policy changes, cost cuts could really be cost shifts. Sometimes programs are cut but you do have to think how the effect of that is carried out throughout communities.” - Teryn Zmuda “Right now, state and local payrolls are at the highest levels they've been ever. We've had a 3% growth since the great financial crisis, and 2% growth since 2019. So, as efficiencies have come into the job market, technology has been embraced even by state and local governments, and payrolls has continued to expand.” - Eric Kazatsky Be sure to subscribe to Special Briefing to stay up to date on the world of public finance. Learn more about the Volcker Alliance at: volckeralliance.org Learn more about Penn IUR at: penniur.upenn.edu Connect with us @VolckerAlliance and @PennIUR on Twitter, Facebook and LinkedIn Special Briefing is published by the Volcker Alliance, as part of its Public Finance initiatives, and Penn IUR. The views expressed on this podcast are those of the panelists and do not necessarily reflect the position of the Volcker Alliance or Penn IUR.

What does it take to turn a bold vision into a transformative business, especially in a complex, data-driven industry like insurance? In this episode, Frazer and Ashwin discuss:  > How applying first principles and balancing operational grit with strategic vision can turn complex markets into playgrounds of opportunity. > Why product differentiation and data transparency are key to disrupting traditional markets and building scalable, impactful businesses. > The value of leveraging technology to automate compliance processes, reduce operational friction, and unlock new growth opportunities in financial services. --- Ashwin Agarwal is the CEO & Co-Founder of Advocate, a high-growth technology company providing modern insurance operations for the commercial real estate space. Before founding Advocate in 2020, Ashwin was the lead insurance and technology investor at Elysium, the multi-billion-dollar family office of the Founder of Apollo Global Management. At Elysium, he sat on the boards of Convene, ITMA, Risk Settlements and Augustus Specialty. Prior to private equity, Ashwin worked in the TMT investment banking group at Goldman Sachs.

Jeffrey Epstein maintained a close professional relationship with Leon Black, co-founder of Apollo Global Management, from 2012 to 2017. During this period, Black paid Epstein approximately $158 million for financial services, including estate planning and tax advice. An independent review by the law firm Dechert LLP revealed that Epstein's strategies potentially saved Black at least $1.3 billion. Despite Epstein's 2008 conviction for soliciting a minor for prostitution, Black continued their association, citing Epstein's expertise in complex financial matters.The extent of Epstein's access to Black has been a focal point of scrutiny. Reports indicate that Epstein had significant influence over Black's personal financial decisions, leading to questions about the appropriateness of their relationship. In response to growing concerns, Black requested Apollo's board to conduct an independent review of his ties with Epstein, which ultimately led to his resignation as CEO in early 2021. This case underscores the complexities and potential risks of maintaining professional relationships with individuals of questionable repute.(commercial at 11:33)To contact me :Bobbycapucci@protonmail.comSource:https://www.crainsnewyork.com/finance/epstein-had-door-apollo-his-deep-ties-black

In today's episode, Scott Becker highlights the top five market movers, including Palantir's impressive earnings, Astero Labs' stock jump, the Trump Media trade, Apollo Global Management's strong performance, and TPG's asset growth. Tune in as Scott provides insights into these high-performing stocks and private equity trends.

In this episode, Scott Becker explores the impressive rise of Apollo Global Management, the ongoing turbulence surrounding Trump Media, and Pinterest’s efforts to rebound. With unique insights and entertaining analysis, Scott ties together three seemingly unrelated companies and discusses their market performance.

In this episode, Scott Becker shares key updates from the business world, including market trends, Intel’s struggles, and the strong performance of retail leaders Costco and Walmart. He also discusses the impact of Apollo Global Management and highlights notable CEOs driving success in their companies.

In this episode, Scott Becker discusses Apollo Global Management's latest investment, Abercrombie & Fitch’s fluctuating stock performance, and the launch of his new book, The Entrepreneur's Edge. Dive into key business updates and private equity trends.

On his show, Phil Donahue never shied away from questioning those in power, be they government officials or corporate CEOs. And there was no more frequent guest on his program than Ralph Nader. Along with guests Joan Claybrook, Michael Jacobson and Jeff Cohen, we pay tribute to a man Ralph calls “the greatest enabler and defender of the First Amendment right of free speech in American history.”Joan Claybrook is one of the public interest champions of the modern consumer movement, and she is president emeritus of Public Citizen. Prior to becoming president of Public Citizen, Ms. Claybrook was head of the National Highway Traffic Safety Administration in the Carter administration from 1977 to 1981. Before serving as NHTSA administrator, she founded and ran Public Citizen's Congress Watch division and worked for the Public Interest Research Group, the National Traffic Safety Bureau, the Social Security Administration, and the Department of Health, Education, and Welfare.[Phil Donahue] had the deepest understanding of the First Amendment of anybody I've ever met. And the reason is that not only did he have these voiceless leaders and victims on a show that other media would avoid like the plague—it would upset their advertisers, who would upset their corporate bosses—he would have people on whose views he vehemently disagreed with.Ralph NaderPhil [Donahue] knew that it wasn't just important to reach people on his show—that he had to have them accessible to materials that elaborated it in greater detail. And he did that for lots of people. But it all started with his sense of the purpose of the media and a public philosophy of justice for all.Ralph NaderDonahue was a great source of help to get information out to the public that they really wanted. And no one else would publicize it.Joan ClaybrookMichael Jacobson holds a PhD. in microbiology from the Massachusetts Institute of Technology, and he co-founded and then led the Center for Science in the Public Interest for four decades. Dr. Jacobson is the author of Salt Wars: The Battle Over the Biggest Killer in the American Diet. And he is the founder of the National Food Museum.Phil really was one of a kind— where he studied up on the topic, he knew it thoroughly, he was smart, he was generous, kind, thoughtful, asked good questions. So it was just a wonderful, positive experience for various reasons to be on his terrific daytime TV show.Dr. Michael JacobsonJeff Cohen is Co-Founder and Policy Director at RootsAction. He is a media critic, columnist, documentary filmmaker, and retired journalism professor who founded the media watch group FAIR—Fairness and Accuracy in Reporting— in 1986. For years, he was a regular pundit on CNN, Fox News and MSNBC discussing issues of media and politics, and he is the author of Cable News Confidential: My Misadventures in Corporate Media. He was senior producer of MSNBC's Phil Donahue Show until it was terminated on the eve of the Iraq war.Management wrecked the show, and then they terminated the show three weeks before the invasion of Iraq. And remember, they terminated us right after the biggest anti-war marches in global history up until that point. And obviously there was a huge audience— if they had allowed Phil Donahue to be Phil Donahue and put on the experts that we wanted to put on. And we would have gotten huge ratings—but they ruined the show, they hurt our ratings. [And] when we were terminated—in spite of all of management's interference—we were still the most-watched program on MSNBC. Management doesn't usually cancel their most-watched television show, but they did it at MSNBC.Jeff CohenIn Case You Haven't Heard with Francesco DeSantisNews 8/21/241. Last week, the Kamala Harris campaign announced their first major policy proposal: “a federal ban on corporate price gouging on groceries,” per the New York Times. In a statement to reporters, the campaign said this policy would “[set]…rules of the road to make clear that big corporations can't unfairly exploit consumers to run up excessive corporate profits on food and groceries,” according to the Washington Post. Reporter Jeff Stein further elaborates that this plan is expected to include “[money] for small firms to compete [and will] Challenge [industry] mergers.” This policy stems from the Federal Trade Commission report published by the New York Times in March, that found “Large Grocers Took Advantage of Pandemic Supply Chain Disruptions …[and] used rising costs as an opportunity to further hike prices.”2. This week of course Kamala Harris is in Chicago for the Democratic National Convention. Just before the convention, Mother Jones ran a profile of progressive Chicago Mayor Brandon Johnson, in which he said “What's happening right now [in Palestine] is not only egregious, it is genocidal.” Chicago is the largest local government in the United States to pass a resolution calling for a permanent ceasefire in Gaza. Further illustrating the success of pro-Palestine activism, Prem Thakker of the Intercept reports the DNC “will host [its] first ever panel on Palestinian human rights,” featuring Layla Elabed, co-leader of the Uncommitted movement, Minnesota Attorney General Keith Ellison, former Congressman Andy Levin, and Jim Zogby, president of the Arab American Institute, among others. Ms. Elabed and her compatriot Abbas Alawieh said in a statement “Our focus remains on policy change. Vice President Harris has an opportunity to unite the party against Trump…by turning the page toward a human rights policy that saves lives…We will keep pushing for our party's leadership to break away from its current financing of Israel's horrific assault on Gaza and military rule over Palestinians.”3. Yet another sign that pro-Palestine activism is shifting the center of gravity in the Democratic Party, last Friday dozens of congressional Democrats – including Speaker Emerita Nancy Pelosi – sent a letter to President Biden and Secretary of State Blinken “urging a halt to weapons transfers to Israel,” per AP. This letter referred to the Israeli strike on American aid workers with the World Central Kitchen relief group, saying “In light of the recent strike against aid workers and the ever-worsening humanitarian crisis, we believe it is unjustifiable to approve these weapons transfers.” Other signatories include Reps. Rashida Tlaib, Barbara Lee, and AOC. This letter comes on the heels of a series of state polls by IMEU and YouGov showing “A significant share of Democrats and independent voters in pivotal swing states…are more likely to vote for the Democratic presidential nominee…if said nominee pledges support for an arms embargo to Israel,” per Zeteo. In Pennsylvania, 34% said more likely and only 7% less likely; in Georgia 39% said more likely and only 5% less likely, with similar numbers in Arizona. Put simply, it is clear that an arms embargo is both good politics and good policy. Even Pelosi knows it.4. A scandal is unfolding at the University of Florida, centering on a massive misuse of funds by the University president, former Senator Ben Sasse. The Alligator, the university newspaper, reports “In his 17-month stint as UF president, Ben Sasse more than tripled his office's spending, directing millions in university funds into secretive consulting contracts and high-paying positions for his GOP allies.” This piece continues “A majority of the spending surge was driven by lucrative contracts with big-name consulting firms and high-salaried, remote positions for Sasse's former U.S. Senate staff and Republican officials…[these] contracts have been kept largely under wraps, leaving the public in the dark about what the contracted firms did to earn their fees.” So much for the party of fiscal responsibility.5. A new piece in St. Louis magazine recounts the ongoing miscarriage of justice against Yolanda Greene. Ms. Greene was “fired from her job after being arrested—even though the police report that provided the basis of the charges against her is clearly contradicted by bystander video.” This piece continues “The police report says that Greene struck one of the officers ‘several times in the back near his neck, head, and shoulders with what appeared to be a closed fist.' [and that she] ‘actively assaulte[d]' a second officer.” Yet the bystander video shows “Greene on the ground and an officer [striking] her several times…A different video, captured by an officer's body camera, records another officer exclaiming, ‘Don't throw a strike'—even as the officer atop Greene does just that.” Mark Pedroli, Greene's lawyer, is quoted saying “I sent the tape over to [Wesley] Bell's office and said, ‘You're prosecuting the wrong people. You should be prosecuting the police for lying in these reports,'” yet Bell – who is nearly guaranteed a spot in the next congress after his successful AIPAC-backed primary against Cori Bush – is pressing ahead with these charges.6. Continuing its series on civil asset forfeiture, libertarian magazine Reason reports “A new class action lawsuit accuses Indiana law enforcement of seizing millions of dollars a year in cash from FedEx packages without ever informing owners of what crime they're suspected of violating.” This piece cites Sam Gedge a senior attorney at the “libertarian public interest law firm,” Institute for Justice, which claims “the Marion County Prosecutor's Office has sued to forfeit $2.5 million in currency from at least 130 FedEx parcels in transit from one non-Indiana state to another over the past two years. This scheme is one of the most predatory we have seen…It's illegal and unconstitutional for Indiana to forfeit in-transit money whose only connection to Indiana is the happenstance of FedEx's shipping practices.”7. According ProPublica, Arizona's experiment with school vouchers has failed spectacularly. As the publication explains “In 2022, Arizona pioneered the largest school voucher program in the history of education…any parent in the state…could get a taxpayer-funded voucher worth up to tens of thousands of dollars to spend on private school tuition, extracurricular programs or homeschooling supplies…Yet in a lesson for…other states, Arizona's…experiment has since precipitated a budget meltdown. The state this year faced a $1.4 billion budget shortfall, much of which was a result of the new voucher spending…Last fiscal year alone, the price tag of universal vouchers in Arizona skyrocketed from an original official estimate of just under $65 million to roughly $332 million…[and] another $429 million in costs is expected this year.” We hope this catastrophic budget implosion gives pause to the prominent Republicans and Democrats boosting the canard of “school choice.”8. The Federal Trade Commission has announced a new rule that will “combat fake reviews and testimonials by prohibiting their sale or purchase and allow the [FTC] to seek civil penalties against knowing violators.” FTC Chair Lina Khan adds “Fake reviews not only waste people's time and money, but also pollute the marketplace and divert business away from honest competitors…By strengthening the FTC's toolkit to fight deceptive advertising, the final rule will protect Americans from getting cheated, put businesses that unlawfully game the system on notice, and promote markets that are fair, honest, and competitive.” These types of much-needed, commonsense consumer protection rules are exactly why billionaires and corporate America are terrified of Lina Khan and have been mounting a shadowy campaign for her ouster.9. More Perfect Union reports “Ride share drivers in Massachusetts are now guaranteed a minimum wage of $32.50/hr, plus benefits.” According to the Verge, “The two companies also agreed to pay a combined $175 million, the bulk of which will be paid out to ‘current and former drivers who were underpaid by the companies,' [Massachusetts Attorney General Andrea] Campbell's office announced.” Despite these victories, Uber and Lyft drivers will still be classified as independent contractors instead of employees.10. Finally, per Huffington Post labor reporter Dave Jamieson, “The Culinary Union has reached a tentative agreement on its first contract with longtime Vegas Strip holdouts the Venetian and Palazzo [closing] a long chapter in which previous owner Sheldon Adelson successfully resisted organizing efforts.” In addition to the Culinary Union, the deal with the Venetian and Palazzo's new owners – private equity firm Apollo Global Management – also includes Bartenders Local 165, Operating Engineers Local 501 and Teamsters Local 986. As the Nevada Independent notes, “Combined, the Venetian and Palazzo have some 8,000 gaming and nongaming workers covering 7,100 hotel rooms, 225,000 square feet of casino space and 2.3 million square feet of convention space. It's unclear how many members of the workforce could be covered by the union agreements.”This has been Francesco DeSantis, with In Case You Haven't Heard. Get full access to Ralph Nader Radio Hour at www.ralphnaderradiohour.com/subscribe