Latest news with #JoePublic
Times
17-05-2025
- Business
- Times
Britain must grasp chance to be a true leader in private markets
Joe Public has often looked on with envy at the healthy returns generated by the great and the good of the Square Mile from more complex and illiquid investments. Global institutional investors have long reaped the benefits of private assets, but retail investors risk being left behind. So that's why, last week, 17 leading financial services firms gathered in the City to sign the Mansion House Accord, a voluntary agreement to boost investment in private assets, including in the UK. But we do now need a proper debate to raise awareness of what they are, the returns they offer and the important role they can play in creating a truly diversified investment portfolio. So what are private assets, what are the investment benefits, and what
New York Post
06-05-2025
- Business
- New York Post
Ending the student-loan scam is crucial to fixing higher education
Fantastic news: The Trump administration has started collecting the defaulted federal student loan debts of millions of borrowers, ending a moratorium initially launched as a COVID-era stimulus effort. The holders, of course, are at fault: If you take on debt, you're obligated to pay it back. And that goes double when you're in hock to the public. And endless, ever-forgiven defaults raise the central question here: Who exactly is going to pay for this? Advertisement Yes, economic disruption during COVID offered a semi-reasonable justification for pausing payments, but the pandemic is now (at least) three years in the rear-view mirror. But the left, spearheaded by President Joe Biden, stayed all-in on a 'forgiveness' jubilee. Their excuse was noise about 'equity,' as if giveaways to college grads weren't the reverse of fairness. Advertisement In fact, the collections pause and the massive outright forgiveness were plain ol' cash-for-votes: Student-loan recipients tend to be Dems. But Education Secretary Linda McMahon hit another crucial point in her remarks: The modern university, in many cases, is little more than a hedge fund with a four-year spa attached, is the real villain in all this US schools, she noted, are required by law to keep defaults below certain thresholds or risk losing their eligibility for federal student assistance. Advertisement McMahon also warned universities that soon their loan non-payment rates will become public knowledge. That last is key. Disinfect with sunlight! As McMahon said, 'For too long, insufficient transparency and accountability structures have allowed US universities to saddle students with enormous debt loads without paying enough attention to whether their own graduates are truly prepared to succeed in the labor market.' Exactly right. Advertisement These schools, remember, hijacked an effectively bottomless credit market and raised tuition to the heavens while hard-selling financially illiterate teens on assuming massive debt with the promise of future earnings gains, and offloading the risk onto Joe Public. Even as the quality of their education went to pot. It's a neat little system, but it's time all the delinquents here — the loan defaulters and the higher-education business — get held to account.
Zawya
05-03-2025
- Business
- Zawya
South Africa:Takealot partners with Joe Public to deliver growth in e-commerce
Takealot has joined Joe Public on a new journey to grow their business in the rapidly evolving and exciting e-commerce sector. Takealot, ranked 27 in the Kantar BrandZ South Africa Report 2024, is a proudly South African brand and a leader in the country's online retail market. Joe Public is both honoured and excited about this opportunity to assist in strengthening Takealot's brand as it continues to shape the future of e-commerce. 'We're thrilled to partner with this innovative brand,' says Mpume Ngobese, co-managing director atJoe Public. 'We look forward to creating impactful, results-driven advertising that resonates with the everyday Joe on the South African streets.' Julie-Anne Walsh, chief marketing officer of Takealot, adds: 'We're excited to embark on this new journey with Joe Public. Their creativity and understanding of our dynamic South African market make them the ideal partner. Together, we're poised to not only elevate the Takealot brand but also redefine the e-commerce landscape with campaigns that resonate with South Africans.' All rights reserved. © 2022. Provided by SyndiGate Media Inc. (
