The Gulfstream G650 is a top-tier private jet that can fly high and fast, reaching 51, 000 feet and speeds close to the speed of sound. It can travel up to 8, 000 miles, making it a favorite among the super-rich. In 2025, the last G650 was made, marking the end of an era as it was replaced by the ne
A massive financial deal just shook up the world of live broadcasts. 26North Partners is putting $700 million into NEP Group. This is big news because NEP is a major player in live events, from the Super Bowl to the Olympics. This investment is not just about money. It's about expanding NEP's reach
The stock market is feeling the heat today, especially bank stocks. The Nasdaq 100 futures are down, and the VIX "fear" index has spiked. This is the highest it's been since last April when President Trump announced new tariffs. Two banks, Zions Bancorporation and Western Alliance Bank, revealed th
Big shots in Europe's money world are sounding the alarm about the private credit market. They say it's growing too fast and could lead to another big financial mess. Oliver Bate, the boss of Allianz, one of the world's biggest insurance companies, thinks parts of this market are like a "casino. " H
The government is doing something unusual. They're buying parts of big companies. Recently, they got a piece of Intel, a tech company that's been having a tough time. But Intel is just the start. The people in charge say they might do this with other companies too, especially those that work with de
Sharps Technology Inc. saw its stock prices jump on a Monday. This happened after they shared some big news. They plan to raise over $400 million. They will do this through a private deal. The deal is set at $6. 50 per unit. It includes options to buy more at $9. 75 for the next three years. The dea
The person in charge of the U. S. tax agency's digital currency team, Trish Turner, is stepping down. This move happens just as new tax rules for cryptocurrencies are about to take effect. Turner is leaving for a job in the private sector, and it's not clear who will take over her role. The IRS has
The UK's top court recently made a big decision. It said car finance companies might not have to pay as much money back to customers as previously thought. This could be a game-changer for the industry. The court's ruling means the total compensation bill might be less than half of what was initial
Soho House, a well-known private members' club, has been acquired for a massive $2. 7bn (£2bn). This deal brings Hollywood actor and investor Ashton Kutcher onto the board, signaling a fresh chapter for the club. The club, which started in London in 1995, has grown to 46 locations across Europe, No
Retirement accounts like 401(k)s are usually simple. They mostly hold stocks and bonds. But things might change soon. An order from President Trump wants to add new types of investments to these accounts. These include cryptocurrency, real estate, and private equity. Private equity firms buy compan
