Finance

Banking

Wall Street Scored Record Bonuses Just in Time for a Slump

Photo by Ryan Brooklyn via Unsplash

The good times, they don’t last. But on Wednesday, we at least found out just how good the good times were.

2 min read

Photo by Sundry Photography via iStock

Blockchain

Fidelity (and So Many Others) Test Stablecoin Waters

Stablecoins are the Girl Scout cookies of the financial world, and everyone’s splurging for their own this spring.

2 min read
Photo by CAL FIRE via Public Domain Mark 1.0

Finance

California May Face Insurance Crisis as Peak Wildfire Season Looms

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

1 min read
Photo by JiriMatejicek via CC BY-SA 3.0

Finance

Federal Contract Spending Cuts Bleed Accenture Stock Price

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

Finance

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

Photo via Roman Tiraspolsky

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

2 min read

Banking

JPMorgan Expands Its Bet on Private Equity to the Tune of $50 Billion

Photo by Gideon Benari via CC BY 2.0

Moody’s analysts predict, as of last week, that the private credit market will double to $3 trillion by 2028.

2 min read

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