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
Haiti is in big trouble. Gangs have taken over large parts of the country. The government is bringing in nearly 200 private security workers from different countries to help. This is a big deal because these workers are from a company run by Erik Prince, who used to run the controversial security fi
President Trump recently picked EJ Antoni to lead the Bureau of Labor Statistics (BLS). This choice has sparked a lot of debate. Some people, like Steve Bannon, think Antoni is a great fit. Others, like Jason Furman, believe he lacks the right experience. The main concern is whether Antoni can keep
President Donald Trump has signed an executive order that could potentially open up 401(k) retirement plans to include investments in private equity and cryptocurrencies. This move, if fully implemented, would allow millions of Americans to diversify their retirement portfolios beyond traditional st
