Trump's tariffs: What's in effect and what could be in store?

Blue Owl, a major player in private markets, is teaming up with retirement-services company Voya to bring private investments—like private equity and credit—into 401(k) plans through target-date funds. Essentially, they’re trying to give everyday retirement savers access to asset classes usually reserved for the wealthy or institutional investors.

Editor’s Note: This move could shake up the 401(k) landscape by expanding investment options beyond traditional stocks and bonds. Private assets often promise higher returns but come with more risk and less liquidity. While it might offer savers a chance to diversify, it also raises questions about whether these complex investments belong in retirement accounts. Either way, it’s a sign that Wall Street is hungry to tap into the massive pool of retirement savings.

Australia’s prime minister is pushing the idea of "green steel" during high-profile talks between Australian iron ore miners and Chinese steelmakers. The pitch? Use cleaner energy and tech to cut emissions from steel production—a major global polluter—while keeping trade ties strong.

Editor’s Note: Steelmaking is a dirty business, but Australia sees a chance to stay competitive by leading the shift to low-carbon methods. With China as the world’s top steel producer, this isn’t just about climate goals—it’s about securing future trade deals in a world that’s increasingly picky about emissions. If it works, it could reshape a key industry. If not, well, Australia’s still betting big on digging stuff out of the ground.

New Zealand is setting ambitious goals to grow its international education sector, aiming to double the value of foreign student enrollments by 2034. The plan focuses on attracting more overseas students while ensuring quality education and economic benefits.

Editor’s Note: This isn’t just about filling classrooms—it’s a strategic move to boost New Zealand’s economy and global reputation. More international students mean more cultural exchange, higher revenue for universities, and stronger ties with other countries. But it also raises questions: Can the country scale up without compromising quality? Will housing and infrastructure keep pace? Either way, it’s a big bet on education as a key export.

Bitcoin just smashed through another ceiling, hitting a jaw-dropping $120,000 for the first time ever. After months of skeptics doubting its comeback, the crypto is now riding a wave of investor hype—almost like it’s making up for lost time after being stuck in a sluggish rut earlier this year.

Editor’s Note: Whether you’re a crypto believer or just watching from the sidelines, this isn’t just another price bump—it’s a signal that Bitcoin’s back in the spotlight. For investors, it’s either excitement or FOMO; for everyone else, it’s a reminder that digital money’s wild ride isn’t over yet. Buckle up.

Jane Street, a major global trading firm, has deposited a hefty $567 million with India’s market regulator (SEBI) to restart its trading operations in the country. This move signals the firm’s commitment to complying with local regulations and re-entering India’s fast-growing financial markets after a pause.

Editor’s Note: Jane Street’s big deposit isn’t just about paperwork—it’s a vote of confidence in India’s financial system. The firm’s return suggests that despite regulatory hurdles, global players still see India as a lucrative market worth navigating. For investors, this could mean more liquidity and competition, which often leads to better market efficiency. Plus, it’s a reminder that even heavyweight traders have to play by local rules.