With record levels of dry powder available for investment.
Find out what's in store for private markets in 2025 and beyond.
Listen to Crafting Capital in partnership with.
Ubs@Partners.Wsj.Com UBS,
Spotify and Apple Podcasts why buying stuff in person is so much less enjoyable than it used to be.
Plus, Doja's next target,
government buildings and DC's entire office real estate market could feel the impact.
By and large, with shrinking government, a shrinking workforce,
things do not look good for Washington in the immediate future.
And the pensions of thousands of employees on church retirement plans may be in TROUBLE.
It's Tuesday, February 25th.
I'm Alex Osala for the Wall Street Journal.
This is the PM edition of what's News,
the top headlines and business stories that move the world today.
First up, yet another sign that consumers are not feeling too chipper.
The Conference Board released its closely watched Index of Consumer Sentiment for February.
Consumer confidence fell for the third straight month,
with the biggest month on month drop in the last three years.
Also, for the first time since June 2024,
consumer expectations cross the threshold that usually signals a recession ahead.