Finance

Finance

California May Face Insurance Crisis as Peak Wildfire Season Looms

Photo by CAL FIRE via Public Domain Mark 1.0

The FAIR Plan, which insures California’s highest-risk homes, will only have about $305 million left by June.

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Finance

BofA Survey Shows a Record Rotation Out of US Stocks

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Real Estate

Blackstone Has Hope for the Office Real Estate Market

Blackstone’s BXMT mortgage trust, on the other hand, is buckling under the weight of a pile of office loans gone bad.

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Photo via Roman Tiraspolsky

Finance

Blackstone Gets Green Light for New Private Credit Fund, Raises $8 Billion for Real Estate Debt Fund

Blackstone’s new fund is one of several efforts aimed at cracking the private credit door open to retail investors.

2 min read

Finance

Federal Contract Spending Cuts Bleed Accenture Stock Price

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Accenture said during its earnings call last week that DOGE-led federal spending cuts were starting to hit sales.

2 min read

Banking

Goldman Sachs Downgraded by Investment Bank Oppenheimer

Photo by Dan Totilca via iStock

Analysts said they now expect US investment banking revenue to be flat this year, instead of jumping 32% as predicted previously.

2 min read

Big Tech

Google Strikes $32 Billion Deal for Cloud Security Startup Wiz

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The massive acquisition could give Google an edge as AI accelerates Big Tech’s race to win over cloud customers.

2 min read

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