Feds Runs Another Massive Budget Deficit in July Despite Surge in Tariff Revenue

Published on August 19, 2025

Despite triple the amount of tariff income, the July budget deficit surged to $294.14 billion, 19 percent higher than a year ago, according to the Monthly Treasury Statement.

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3 Ways to Boost International Equity Exposure

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After a mega, multi-year run of outperformance in U.S. equities over non-U.S. equities, investors have begun to question their regional equity weights.

Soho House Agrees to Be Taken Private in $2.7 Billion Deal

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A group of investors led by the owner of several boutique New York hotels agreed to take Soho House & Co. private in a $2.7 billion deal for the members’ club operator that’s struggled since its initial public offering.