Top Stories — Monday, September 8, 2025
What is trending in the USA today? Here is Breaking News:
- Shooting in Jerusalem Leaves at Least 5 Dead — nyt News
- Two Are Killed During Demonstrations Over Social Media Ban in Nepal — nyt News
- Private equity giants raid Wall Street as fundraising talent wars heat up — CNBC
Shooting in Jerusalem Leaves at Least 5 Dead
Source: nyt News • Published: 9/8/2025, 3:51:38 PM
A shooting on Monday morning in the northern outskirts of Jerusalem left at least five people dead and several more seriously wounded, according to Israel's ambulance service.
The police described the shooting as a terrorist attack and said that the perpetrators had been killed at the scene.
The attack occurred at about 10.15 a.m. when two gunmen opened fire at people waiting at a bus stop at a busy junction, the police said. The police added in a statement that a soldier and several civilians at the bus stop had "engaged the attackers and returned fire," killing them on the spot.
The junction where the attack took place is in Ramot, a large area that Israel took in the Arab-Israeli war of 1967 and later annexed. The Palestinians and much of the world consider Ramot to be a settlement in occupied territory.
Lt. Dean Elsdunne, a spokesman for the police, said that the perpetrators had arrived by vehicle and that further details of the case were under investigation.
The attack comes at a fraught moment as Israel expands its nearly two-year campaign against Hamas into Gaza City, the main urban center of Gaza. In the West Bank, land grabs by Jewish settlers and attacks on Palestinians and their property have intensified in recent months, hitting a record high.
A paramedic for the ambulance service, Fadi Dekaidek, said in a statement that he had arrived in Ramot to find "a very difficult and tragic scene."
"The wounded were lying on the road and sidewalk near a bus stop," he added.
Four male victims were pronounced dead at the scene and about a dozen more casualties were transferred to hospitals, seven of them suffering serious injuries from gunshot wounds, according to the ambulance service. A fifth victim, a woman, was declared dead after arriving at one of the hospitals, the service and a hospital official said.
Prime Minister Benjamin Netanyahu of Israel was holding a consultation with his security chiefs after the attack, according to a statement from his office.
The military said it had dispatched soldiers to search for any additional suspects and that troops were being sent to several areas on the outskirts of the Palestinian city of Ramallah in the occupied West Bank.
Hamas, whose attack on Israel in October 2023 ignited the war in Gaza, praised Monday's shooting without taking responsibility for it. In a statement, Hamas said the attack was "a heroic and unique operation" and a "natural response" to what it described as Israel's "ongoing aggression against our Palestinian people in Gaza, the West Bank, and Jerusalem."
This is a developing story. Please check back for updates.
Myra Noveck contributed reporting.
Isabel Kershner, a Times correspondent in Jerusalem, has been reporting on Israeli and Palestinian affairs since 1990.
Read the full story at nyt News.
Two Are Killed During Demonstrations Over Social Media Ban in Nepal
Source: nyt News • Published: 9/8/2025, 3:49:36 PM
Two people were killed and dozens were injured in Nepal on Monday during a demonstration against corruption and a government decision to restrict social media.
Protesters, most of whom appeared to be teenagers and young adults, briefly surged toward the Parliament complex, occupying a security building before being dispersed by the police, witnesses said. The authorities used rubber bullets and water cannons to disperse the crowd, according to witnesses.
The authorities later imposed a curfew beginning at 12:30 p.m. local time for the area around the complex in the capital, Kathmandu, but the protests continued and the government deployed troops and paramilitary forces in an attempt to regain control.
Two people died after being brought from the protest to Civil Service Hospital, according to its executive director, Dr. Mohan Chandra Regmi. Their cause of death was unclear. Several other patients were in critical condition, Dr. Regmi said, and others had been ferried by ambulance to other government hospitals in the capital.
"Our emergency ward is overloaded," Dr. Regmi said.
At least 40 protesters have been injured, according to a police spokesman, Binod Ghimire. Two journalists were among the injured, local news media reported.
The protest was in response to the government's ban on dozens of social media platforms, including Facebook, WhatsApp, Instagram and WeChat. Officials implemented the ban on Thursday after saying that the platforms had failed to comply with new requirements to register with the government.
Free speech is highly prized in Nepal, which has enjoyed robust space for debate as democratic freedoms have shrunk in other South Asian countries. Critics of Prime Minister K.P. Sharma Oli have accused him of trying to curtail freedom of expression.
In November 2023, Nepal banned TikTok, saying the app had affected "social harmony." TikTok agreed to register with the government, and the ban was lifted nine months later. TikTok remains available in Nepal, as it complied with the government's new regulations on social media.
Matthew Mpoke Bigg is a London-based reporter on the Live team at The Times, which covers breaking and developing news.
Read the full story at nyt News.
Private equity giants raid Wall Street as fundraising talent wars heat up
Source: CNBC • Published: 9/8/2025, 3:38:22 PM
With capital harder to come by, private equity giants and investment banks are waging a global battle for talent as dealmaking activity ekes out a recovery.
Private equity recruitment accelerated in the first half of 2025, led by fundraising, investor relations and marketing roles, according to a recent report from Magellan Advisory Partners. Broader investment hiring also rebounded after two years of freeze or slowdown.
This hiring spree comes after the private equity sector remained stuck in a holding pattern in recent years, as rising interest rates and market volatility put the brakes on dealmaking. Fund managers were left with an expanding pipeline of companies they couldn't sell, with exits postponed.
In the first quarter of 2025, buyout activity picked up, but the momentum faded quickly in the next quarter as tariff turbulence unsettled investors and stalled deal pipelines, according to Bain & Company. Global buyout deal value in April was 24% lower than the first-quarter monthly average, while deal count slipped 22%, according to Bain analysis.
"While deal flow is cyclical, the need to secure capital is permanent — firms are investing ahead of the curve," said Sasha Jensen, founder and CEO of Jensen Partners, a global executive recruitment firm.
Fundraising distribution teams are "central to survival" in the current constrained, limited partner liquidity environment, said Jensen. LP liquidity refers to the amount of fresh capital that limited partners — including pension funds, sovereign wealth funds, family offices or high net worth individuals — have available to commit to new funds.
"Firms are happy overpaying for fundraising talent," said Christopher Connors, a principal at Johnson Associates. "It can be a large expense to the firm, but relative to how much revenue these people could bring in, it's a good deed to the firm."
While fundraising has been challenging, many large U.S. firms are still sitting on nearly $1 trillion in undeployed capital, also known as dry powder, noted PitchBook's Kyle Walters. And with expectations of rate cuts, these firms are positioning themselves for a rebound with deeper benches of talent, he noted.
As global investment firms channel more resources into the market to ride a wave of deals and rising assets, private equity behemoth Apollo is reportedly growing its footprint in Japan and expanding hiring in its Asia wealth arm.
Similarly, Warburg Pincus and Carlyle are also increasing their presence in Japan through new hires as the country emerges as one of the few bright spots for dealmaking.
Beyond Japan, industry experts whom CNBC spoke to noted that the hiring spree cuts across all regions. Southeast Asia and India also saw hiring pick up with new offices opening in Singapore and Mumbai, Magellan Advisory Partners noted.
Despite policy uncertainties in Washington, overall hiring in North America has surpassed mid-2022 and 2023 levels, with many U.S. megafunds and growth equity firms interviewing first-year analysts for 2026 start dates.
"This reflects the reality that demand for top junior talent in North America is undiminished; firms fear missing out if they don't engage in the recruiting race," the executive search firm said in its report.
Europe's private equity industry is also seeing stronger hiring momentum, underpinned by macroeconomic shifts such as the start of rate-cutting cycles. The Bank of England, for instance, has lowered rates five times since August last year, a move expected to fuel deal activity, exits, fundraising, and the broader private equity "flywheel," said PitchBook's Walters.
"International expansion is a common thread, with firms in the U.S. expanding into Asia and vice versa. Similarly, U.K. private equity firms often first target the U.S. before moving to Asia," noted Chris Eldridge, Robert Walters' CEO of North America, Ireland and U.K. recruitment.
Many of these firms have also started recruitment long in advance, even before potential employees are out of college, signaling a shift away from reactive hiring, he added.
There is, however, a divide between firms with scale and those with less ammunition to navigate the industry storms.
"I think there's a clear bifurcation between the largest firms [that are multi-strategy], and have economies of scale that can afford to hire," said Connors. "Whereas some of the smaller firms are struggling with fundraising…very much not hiring, really at all, and some of them are shrinking."
As large firms go on their hiring spree, some of them are even engaging in talent wars with investment banks.
Private equity firms have long cultivated a reputation for raiding Wall Street's analyst pool, to the point where investment banks had to establish stronger boundaries recently.
In mid-2025, Goldman Sachs and JPMorgan reportedly introduced tough new rules to curb poaching by private equity firms. JPMorgan warned that analysts who accept future-dated job offers from private equity firms before completing 18 months would be terminated, while threatening to fire those who miss training for job interviews.
To retain talent, the bank shortened the analyst-to-associate track to 2.5 years from the current three years. Goldman, meanwhile, rolled out a quarterly "loyalty pledge," requiring analysts to confirm they have no outside offers—though disclosure won't trigger termination.
At the junior level, the traditional investment banking analyst pipeline is being disrupted by changes in early recruiting, said Jensen Partners' Jensen.
"Banks like Goldman Sachs and J.P. Morgan are tightening mobility, and [private equity firms] are responding by building in-house training programs," she said.
These moves suggest that the recruitment frenzy, where private equity firms lock in junior bankers years ahead, may become even more competitive.
Private equity careers may have an edge over investment banking because of carried interest — a share of fund profits that can far exceed annual pay and is taxed at lower capital-gains rates, Connors explained.
While junior pay looks similar in both industries, mid-levels like senior associates and vice presidents usually start receiving carried interest, he added. At senior levels, the difference is stark: a managing director might earn $1.5 million to $2 million in salary and bonus, but carried interest tied to fund performance could deliver $20 million to $30 million over time.
"It's a significant economic vehicle that lures talent to the space," he said."It's an economic vehicle that just doesn't exist in the investment banking world, and it doesn't exist in traditional asset management. It's unique to the private markets industry," he said.
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