Private wealth teams closed the year with a mix of bold moves and cautious bets. Some went big on sports, others on tech or crypto, showing how varied their strategies can be. One firm raised its stake in a famous English football club. Although the news drew attention, the owners say their share i
A family in Kansas has taken a nonprofit to court over a $21 million donor‑advised fund (DAF) that was started by the father in 2005. The son, who has been the sole advisor since his mother’s death, says the sponsor—WaterStone—has stopped letting him see the account and has ignored his grant request
The U. S. Treasury market cooled on Thursday, with the 10‑year yield falling more than two basis points to 4. 023% and the 30‑year dropping under two basis points to 4. 675%. Even the short‑term 2‑year note slipped slightly, ending at 3. 452%. These moves show investors are waiting for a big inflati
GD Culture, a company known for AI and livestreaming services, has decided to liquidate part of its Bitcoin stash. The move is aimed at raising money for a new share repurchase plan that can reach up to $100 million over the next half‑year. The firm holds about 7, 500 Bitcoins—acquired when it bo
Penn Entertainment’s stock rose sharply on Thursday as the company announced its fourth‑quarter earnings. The report showed a surprise profit, with adjusted earnings per share at 7 cents versus analysts’ expectation of a 5‑cent loss. Revenue also beat estimates, reaching $1. 80 billion against a for
The Ghanaian government wants to bring 127 metric tons of gold from small‑scale mining into official trade each year. This move is part of new rules that aim to increase foreign‑exchange earnings and cut smuggling losses. Small‑scale miners have long sold their gold secretly, letting the country los
In a world where artificial intelligence is reshaping every industry, some investors still trust people to steer their money. Three technology‑focused closed‑end funds—BlackRock Science and Technology Term Trust, BlackRock Science and Technology Trust, and Columbia Seligman Premium Technology Growth
The Nasdaq and Dow are moving forward, keeping their gains steady as investors focus on Nvidia’s upcoming earnings report. Stocks in the technology sector are showing resilience, with several companies posting higher shares today. Key players such as Vertiv and Keysight are leading the charge,
A casino operator in Australia has reached an agreement to restructure its debt with a major financial group. The deal is expected to replace the company’s current borrowing and give it extra cash to support a turnaround strategy. The agreement is still in draft form, so it does not guarantee a f
The Japanese government is thinking about changing how it groups bond auctions by maturity. This move could make borrowing easier for projects that need money over a long time. Last week, officials sent out surveys to investors and banks to get their opinions on a possible reshuffle. Right now
