Compass Point analyst Casey Alexander has increased the price target for Runway Growth Finance (RWAY) to $12 from $11.50, maintaining a Buy rating. Runway demonstrated one of the strongest quarters in the BDC sector, despite potential selling pressure from Oaktree being a concern. Alexander anticipates a significant rise in RWAY's valuation as the company's narrative unfolds. This analysis highlights the stock's promising outlook amidst market considerations. The information was initially published on TheFly, known for delivering real-time financial news updates.

A proposed bill aims to strengthen agricultural finance programs in Texas, focusing on enhancing support for the state's farming and ranching sectors. This initiative seeks to improve financial stability and accessibility for Texas agricultural producers by refining existing financing options and introducing new strategies. The bill reflects a commitment to bolstering the agricultural economy, ensuring sustainable practices, and addressing the evolving needs of farmers and ranchers in the region. Through these enhancements, the legislation hopes to secure a more resilient future for Texas agriculture.

The Defense Finance and Accounting Service (DFAS) site in Rome, NY, faces a significant 15% annual attrition rate, reducing its workforce to around 800 employees. Ed Abounader, union head for all five DFAS sites, highlights the challenges exacerbated by a hiring freeze and new early retirement and deferred resignation programs for Department of Defense civilians, recently reopened by Defense Secretary Pete Hegseth. With insufficient staff to fulfill their mission, Abounader is advocating in Washington, D.C., for solutions to prevent "mission failure." He hopes upcoming program details will provide relief until hiring restrictions are eased or positions from early retirements can be refilled.

The "Magnificent Seven" tech giants experienced significant losses in the first quarter of 2025, with the Bloomberg Magnificent Seven Index plummeting by 16%, erasing $2.4 trillion in market cap. Tesla led the decline with a 36% drop, followed by Nvidia and Alphabet. Company-specific issues contributed to the sell-off: Tesla faced global sales declines and controversies involving CEO Elon Musk, while Nvidia underwhelmed at its GTC event. Apple suffered from Trump tariff concerns, and Microsoft and Amazon reported slower cloud growth. Truist's Keith Lerner suggests that investor confidence could return if earnings continue to rise, prices consolidate, and AI demand slows, making these stocks relatively cheap compared to their growth prospects. Only Meta outperformed the S&P 500 initially but ended the quarter down.

In Lincoln, Nebraska, The Center for People is hosting a Financial Literacy Conference on April 10th, collaborating with four local banks to enhance community financial knowledge. With global financial literacy at only 33% and many adults struggling financially, the event offers free education on budgeting, mortgages, and credit scores. Speakers emphasize demystifying finance to reduce family stress and empower communities through informed financial decisions. Topics include avoiding predatory lending, planning for home purchases, and saving for education and retirement. The conference aims to address millennials' interest in investing and the lack of retirement savings among older Americans, promoting wise money management to break cycles of poor financial habits. This community event runs from 10 a.m. to 2 p.m. and is open to all.

In the past year, baby boomers emerged as the largest group of US homebuyers, surpassing millennials, according to the National Association of Realtors. Boomers, aged 60-78, accounted for 42% of buyers, compared to 29% for millennials. A key differentiator is that over half of older boomers purchased homes with cash, contrasting with millennials, where 90% relied on financing and faced challenges like high mortgage rates and prices. Older millennials tend to buy larger homes with higher down payments (14%) than younger ones (10%), aided by equity accumulation. First-time buyers dropped to 24%, mostly younger millennials, while Gen Z made up only 3% of buyers. Boomers also dominated as sellers, leveraging decades of equity buildup.