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On August 26 and 27, Deputy Administrator Dilawar Syed of the U.S. Small Business Administration (SBA) visited Alaska to engage with businesses benefiting from the Biden-Harris Administration’s Investing In America agenda, including entrepreneurs from underserved communities.

Artificial Intelligence (AI) promises to revolutionize how property and casualty (P&C) business gets done. As a result, P&C insurers are uniquely positioned to advance the conversation for ethical AI – not just for their own businesses, but for all businesses. How they might help establish cross-industry regulatory and technology best practices is the topic of a new report for insurers, "Pioneering Ethical AI: The Crucial Role of Property and Casualty Insurers," by the Insurance Information Institute (Triple-I), an affiliate of The Institutes, and data and AI leader SAS.

E*TRADE from Morgan Stanley today released data from its monthly sector rotation study, based on the E*TRADE customer notional net percentage buy/sell behavior for stocks that comprise the S&P 500 sectors.

The U.S. Small Business Administration (SBA) has announced that the upcoming quarterly public meetings for the Interagency Task Force (IATF) on Veterans Small Business Development and the Advisory Committee on Veterans Business Affairs (ACVBA) will be held on Sept. 10 and 12, respectively.

The Federal Reserve has revised the stress capital buffer requirement for Goldman Sachs, lowering it to 6.2%.

New outdoor luxury brand LETO will mark the end of the summer vacation season with an exclusive 30% off sale on its website through Labor Day.

On August 27, 2024, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and a member of President Biden’s Cabinet, announced more than $1 million in grant awards to three organizations in Ohio, Pennsylvania, and Puerto Rico. These grants aim to establish new Veterans Business Outreach Centers (VBOCs) to enhance training and counseling services for veteran and military spouse small business owners. The new centers will commence their project periods on September 1.

DES MOINES, Iowa – On Friday, August 23, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 34 million small businesses, traveled to Iowa to meet with disaster survivors and assess SBA recovery efforts following devastating tornadoes and severe weather earlier this year.

Tom Biland, President and COO at Flying Food Group, said that effective training for their employees fosters a strong safety culture. He shared these details in an interview with Business Daily on July 29.

Advance Auto Parts Announces Sale of Worldpac to Carlyle for $1.5 Billion

NEW DELHI – During the week of August 12, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and a member of President Biden’s Cabinet representing over 34 million small businesses in America, visited New Delhi and Hyderabad, India. The purpose of her visit was to meet with national leaders and local entrepreneurs to enhance the U.S.-India partnership and explore increased trade opportunities for small businesses in both countries.

The U.S. Small Business Administration (SBA) announced it will host its third annual Small Business Cyber Summit on October 16 and 23. This free cybersecurity series aligns with the Biden-Harris Administration’s National Cybersecurity Strategy, aiming to provide America's 34 million small businesses with essential tools and resources to enhance their cybersecurity infrastructure. The summit, in collaboration with multiple federal agencies, will feature hands-on advice, interactive forensic assessments, and panels discussing available local and federal resources.

SALEM, Ore. - On Tuesday, August 27, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 34 million small businesses, will travel to Oregon as part of the Investing in America Tour.

DES MOINES - On Friday, August 23, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 34 million small businesses, will travel to Iowa to meet with disaster survivors and local leaders following devastating tornadoes earlier this year and assess SBA recovery efforts on the ground.

Nerdy Nonprofit offers assistance to organizations looking to benefit from the Google Ad Grants program.

Amica Mutual Insurance Company Joins Triple-I as Its Latest Member

Global investment firm Carlyle (NASDAQ: CG) has announced an agreement to invest in SEIDOR, a leading technology services and solutions consultancy. The financial terms of the transaction were not disclosed.

McKinsey & Company’s recently released Global Private Markets Review reveals that private markets slowed in 2023. The report points to macroeconomic headwinds, an increase in financing costs, and uncertainty in the growth outlook as contributors, which affects fundraising, deal activity, and performance.

Management consulting firm Bain & Company has released its "Searching for Momentum: Private Equity Midyear Report 2024." The report reveals that private equity continued to decline during the first half of 2024, with few signs of momentum.

A BNY Mellon white paper explores the retailization of alternatives in major markets. It also highlights possible solutions to allow retail investors to take advantage of alternative investments.