One Sign That US Economic Exceptionalism Is Dead
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Bloomberg
32 minutes ago
- Bloomberg
Vista Raises $5.6 Billion for Cloud Software Continuation Fund
Vista Equity Partners gathered $5.6 billion in order to keep Cloud Software Group for longer, tapping its own buyout funds and new investors to seal a blockbuster single-asset continuation fund, according to people with knowledge of the matter. Vista raised a record $2.7 billion of fresh capital for the deal, according to the people, who asked not to be named because the transaction is private. It turned to other vintages of its flagship private equity funds — Vista Equity Partners VII and Vista Equity Partners VIII — to commit about $2.2 billion to the continuation fund, some of the people said.
Gizmodo
33 minutes ago
- Gizmodo
Amazon Sells the 2025 MacBook Air Without a Profit Margin, Now Much Cheaper Than on Apple's Official Site
Apple stands out as one of the most premium brands, regularly launching updated versions of its popular MacBook Air. To protect its image, Apple almost never cuts prices on new models—especially right after release. However, Amazon occasionally offers major deals on Apple products, and these are worth watching for. This year, the brand-new MacBook Air 2025 with the powerful M4 chip and 256GB storage has hit an all-time low price. By combining an instant discount with a $49 coupon, the price drops to just $849 which is a significant savings off the original $999 price tag. See at Amazon The 13-inch MacBook Air 2025 has Apple's latest M4 chip which delivers astonishing speed and efficiency. The chip is designed specifically to assist in driving Apple Intelligence, Apple's robust suite of AI-enabled features that make everyday tasks to be smarter and more intuitive. The combined 16GB of memory lets you multitask with ease, switching between projects and apps with no lag. You will also live the 13.6-inch Liquid Retina display: That screen brings rich colors, deep blacks and crisp detail. The screen is also bright enough to use comfortably in most lighting conditions whether you are working in sunlight or a dim room. The slim and lightweight design of the MacBook Air is still a defining characteristic, easy to carry anywhere you go without sacrificing screen size or performance. Apple has also upgraded the camera system for 2025: The 12MP Center Stage camera adjusts automatically to keep you centered in the frame during video calls, a feature which is now a must due to remote work and virtual meetings. Combined with the top-notch microphones and speakers, this MacBook Air delivers excellent audio and video. Touch ID is built directly into the keyboard, and provides easy and secure access to your device and sensitive files. With a 256GB SSD, you get fast boot-up times and instant file access and you have more than enough space for most users to store the important documents, photos, and applications. Should you need further storage, cloud storage and external drives are easy to add. The MacBook Air M4 also features the latest Wi-Fi and Bluetooth standards integrated inside so you can remain online at high speeds wherever you roam. Last but not least: Apple promises all-day battery life, and the MacBook Air 2025 delivers it easily. If you're looking for a deal that combines performance, style, and value, now is the time to act. See at Amazon
Associated Press
38 minutes ago
- Associated Press
Fannie Mae, Freddie Mac ordered to consider crypto as an asset when buying mortgages
The head of the federal government agency that oversees Fannie Mae and Freddie Mac wants the mortgage giants to consider accepting a homebuyer's cryptocurrency holdings in their criteria for buying mortgages from banks. William Pulte, director of the Federal Housing Finance Agency, which oversees Fannie and Freddie, ordered the agencies Wednesday to prepare a proposal for consideration of crypto as an asset for reserves when they assess risks in single-family home loans. Pulte also instructed the agencies that their mortgage risk assessments should not require cryptocurrency assets to be converted to U.S. dollars. And only crypto assets that 'can be evidenced and stored on a U.S.-regulated centralized exchange subject to all applicable laws' are to be considered by the agencies in their proposal, Pulte wrote in a written order, effective immediately. Pulte was sworn in as the head of FHFA in March. Public records show that as of January 2025, Pulte's spouse owned between $500,000 and $1 million of bitcoin and a similar amount of Solana's SOL token. Banks seeking to make mortgages that qualify for purchase by Fannie and Freddie have not typically considered a borrower's crypto holdings until they were sold, or converted, to dollars. The policy is meant to encourage banks to expand how they gauge borrowers' creditworthiness, in hopes that more aspiring homebuyers can qualify for a home loan. It also recognizes that cryptocurrencies have grown in popularity as an alternative to traditional investments, such as bonds and stocks. The agencies have to come up with their proposals 'as soon as reasonably practical,' according to the order. Fannie and Freddie, which have been under government control since the Great Recession, buy mortgages that meet their risk criteria from banks, which helps provide liquidity for the housing market. The two firms guarantee roughly half of the $12 trillion U.S. home loan market and are a bedrock of the U.S. economy.
