November 12, 20240 Comments

Family offices increasingly investing in private company deals

Closeup of late 40s handsome executive man driving in the back seat of a luxury limousine and using a smart phone.  Gilaxia | E+ | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Family offices are increasingly bypassing private equity funds and buying stakes

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November 10, 20240 Comments

Private job creation totaled a stunning 233,000 in October, far more than expected, ADP says

Private job creation burst to its highest level in more than a year during October, despite a devastating storm season in the Southeast and major labor disruptions, ADP reported Wednesday. The payrolls processing firm said companies hired 233,000 new workers in the month, better than the upwardly revised 159,000 in September and far ahead of the Dow Jones estimate for 113,000. ADP said it was the best month for job

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