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Jan 10, 2025 | 
freightwaves.com | Michael J Rudolph |Michael has worked
Facebook Twitter/X LinkedInThe U.S. labor market was more fiery than analysts expected in December 2024, adding 256,000 nonfarm jobs and slightly reducing the unemployment rate to 4.1%, per the Bureau of Labor Statistics. The robust employment growth — coupled with stable job openings and minimal layoffs — is a double-edged sword, however.
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Nov 26, 2024 | 
pitchbook.com | Michael Rae |Michael has worked
The European CLO market finally has its first middle-market CLO, with Barings moving first to price the €380.6 million Barings EUR Middle Market CLO 2024-1, via BNP Paribas on Nov. 21.
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Nov 15, 2024 | 
freightwaves.com | Michael J Rudolph |Michael has worked
Facebook Twitter/X LinkedInWith a second administration under Donald Trump now a guarantee, much talk has been devoted to tariffs and the economic harm they threaten to inflict on the U.S.But in “A User’s Guide to Restructuring the Global Trading System,” Stephan Miran makes a compelling case that — contrary to popular belief — tariffs can achieve a multitude of aims without causing inflation or market volatility. The downside?
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Nov 8, 2024 | 
pitchbook.com | Jean-Marc Poilpré |Michael Rae |Michael has worked
Corporate downgrades are coming thick and fast, quickly filling the triple-C buckets of European CLOs. This situation reflects some stress among leveraged finance issuers and can cause headaches for CLO managers, but it is more of a nuisance than a real shock to the system, according to sources consulted by LCD News. “CLOs are designed to invest mainly in single-B rated issuers,” says David Nochimowski, global head of CLO & ABS strategy at BNP Paribas.
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Oct 14, 2024 | 
research.g2.com | Michael Pigott |Michael has worked
It’s no secret that AI remains at the top of buyers' minds in the B2B tech space. According to G2’s State of Software Report, AI-related categories saw the largest year-on-year (YoY) growth of all markets that G2 covers. One of the standouts? AI Code Generation. G2 predicted the formal adoption of AI in development last year, but AI Code Generation, in particular, has taken off rapidly in this space. What exactly is AI code generation software, and what may be causing the category to grow so quickly?
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Sep 11, 2024 | 
freightwaves.com | Michael C. Rudolph |Michael has worked
A FreightWaves article on Tuesday discussed the circumstances leading to the International Longshoremen’s Association’s (ILA) last multicoast strike in 1977. We noted how the ILA — which represents dockworkers at ports along the East and Gulf Coasts — is one of the less strike-prone unions in the industry.
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Sep 10, 2024 | 
freightwaves.com | Michael J Rudolph |Michael has worked
The threat of a multicoast strike by the International Longshoremen’s Association (ILA) could soon become a reality. The current labor contract between the ILA and the United States Maritime Alliance (USMX) expires at the end of September, with the ILA maintaining that it will not accept any extension of the contract nor any potential mediation by the federal government. In other words, the ILA is set to swap pallet jacks for picket signs come Oct. 1.
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Sep 3, 2024 | 
pitchbook.com | Michael Rae |Michael has worked
US-headquartered Clearlake Capital has agreed to acquire MV Credit from Natixis Investment Managers, in a move intended to enhance Clearlake’s global direct lending and private credit capability. The acquisition is expected to close in the fourth quarter of 2024, according to a Sept. 3 press release, and will increase the AUM of Clearlake’s credit business to $28 billion, and its firm-wide AUM to over $90 billion.
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Jun 12, 2024 | 
research.g2.com | Michael Pigott |Michael has worked |Brandon Summers-Miller |Marina Schlosser
The tech landscape is evolving, and software development is no exception. Many teams are looking for ways to speed up the development process through automation and simplification. One potential answer to this need for efficiency is an internal developer platform. What are internal developer platforms? Internal developer platforms give businesses a structured approach to improve their software development process through simplification and automation.
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Jun 5, 2024 | 
freightwaves.com | Michael J Rudolph |Michael has worked |holds a Ph.D |John Paul Hampstead
In May, the American Trucking Associations’ board of directors unanimously voted to extend the contract of current ATA President and CEO Chris Spear through 2029. The ATA, in a news release, cited Spear’s efficacy in advancing the legislative agenda of its membership as the reason behind his tenure extension. But looking at public statements from both the ATA and Spear himself, it is less than clear that the ATA is an effective advocate for its membership.
