The good times, they don’t last. But on Wednesday, we at least found out just how good the good times were.
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Blackstone’s BXMT mortgage trust, on the other hand, is buckling under the weight of a pile of office loans gone bad.
Blackstone’s new fund is one of several efforts aimed at cracking the private credit door open to retail investors.
On Tuesday, President Donald Trump slapped import duties on Canada and Mexico, kicking off a full-fledged economic war.
Stablecoins are the Girl Scout cookies of the financial world, and everyone’s splurging for their own this spring.
Hedge funds are still all in on the AI boom that drove the Magnificent Seven’s gains, they just think it’s creating value elsewhere now.
Moody’s analysts predict, as of last week, that the private credit market will double to $3 trillion by 2028.
In its annual investment report published on Tuesday, Fidelity said its assets under management increased by a titanic $1 trillion in 2024.
The FAIR Plan, which insures California’s highest-risk homes, will only have about $305 million left by June.
The news comes as Klarna is gearing up for a US IPO, and as regulation of the BNPL sector hangs in the balance post-Trump.
Elliott has played a central role in pushing out a CEO at Starbucks and convincing conglomerate Honeywell that it needed to break up.
Punxsutawney Phil may see six more weeks of winter, but hedge funds aren’t waiting to emerge from their bearish slumber.
Accenture said during its earnings call last week that DOGE-led federal spending cuts were starting to hit sales.
New York is muscling in on Texan dreams of becoming Wall Street 2.0 by taking the fight to the Lone Star state.