Blue Owl Capital is thinking about bringing back a plan to combine two of its private credit funds. This comes after they had to stop a similar plan last week because investors weren't happy. The main reason for the merge is to give shareholders a way out and cut costs. But, it's not a done deal yet. The idea is to merge the larger fund, OBDC, with Blue Owl Capital ...
Some of the biggest banks in the U. S. are in the spotlight after a cyber attack hit a company they work with. SitusAMC, which helps manage real estate investments, found out about the breach on November 12. They think some client files might have been exposed. These files include financial records and legal documents. The attack wasn't caused by encrypted malware, ...
A well-known market strategist, often called a "perma-bear, " has been ringing alarm bells about the current AI-driven market boom. He thinks we're ignoring the signs of a potential crash, much bigger than the one in 2008. He's not alone in this view, but his predictions haven't always been right in the past. The strategist points out that the current market is simi...
The market is acting a bit odd lately. Some big indexes are showing signs of trouble under the surface. This is a good time to think about how to check the market's health. A simple way to do this is by looking at three things: the trend, the volatility, and the breadth. First, the trend. The S&P 500 is still above its 200-day moving average. This is a good sign. It...
In a surprising turn of events, safe investments like Treasury Bills are now doing better than Bitcoin. This shift has left many crypto fans wondering what's next for digital currencies. Let's break it down. Right now, Treasury Bills are up by 3. 6% this year. Meanwhile, Bitcoin is down by 1. 7%. It gets worse when you compare Bitcoin to other safe investments like ...
Bitcoin has hit a rough patch, dropping to its lowest point in seven months. It's now hovering just above the $80, 553 mark, a level that has some experts worried about even bigger losses ahead. This isn't just a one-day dip; Bitcoin has lost 12% of its value this week alone. Earlier this year, it was soaring to new heights, reaching a record high above $120, 000 in ...
The Trump family jumped into the world of cryptocurrency with World Liberty Financial, a decentralized finance platform. This venture, co-founded by Donald Trump and his three sons, launched in September 2024. The platform created 100 billion $WLFI tokens, with a big chunk—22. 5 billion—going to DT Marks DEFI LLC, a company where Trump holds a 70% stake. The $WLFI t...
In a move to ease the financial burden on regular train users, the UK's finance chief, Rachel Reeves, has announced that rail fares will not increase when she presents her budget plan. This decision comes as a relief to many who rely on trains for their daily commute, especially in light of the ongoing cost-of-living crisis. The last time rail fares were frozen was ...
Chainlink is becoming a key player in the world of tokenized assets. A recent study highlights its importance in connecting traditional finance with blockchain technology. Tokenized assets are a growing market. They allow real-world assets to be represented on the blockchain. Chainlink provides the tools needed to make this happen smoothly. Its services include data...
Better Home & Finance Holding Co. is making waves in the mortgage industry, thanks to its advanced AI technology. The company has developed two key technologies: Tinman and Betsy. Tinman organizes borrower and property data, while Betsy automates mortgage decision-making and execution. This transformation has allowed Better to operate at a lower cost than its compet...