Private Credit Firms Enter Consumer Debt as Risks Mount
📋 Key Facts ✓ Private credit firms are piling into consumer debt. ✓ Risk-taking is mounting in these financial activities. ...
Dec 23Financial TimeseconomicsImpact
📋 Key Facts ✓ Private credit firms are piling into consumer debt. ✓ Risk-taking is mounting in these financial activities. ...
📋 Key Facts ✓ Wendy Rogers, an Arizona state lawmaker, proposed two bills and one resolution. ✓ The proposals aim to allow Arizona vote...
📋 Key Facts ✓ Bourbon maker Jim Beam halts production at its main distillery for a year ✓ US distillers face uncertainty after Presiden...
📋 Key Facts ✓ Hilbert Group acquires Enigma Nordic for $25 million. ✓ The deal expands Hilbert's systematic trading toolkit. ...
📋 Key Facts ✓ Argentina’s libertarian leader Javier Milei seeks tax and labour overhaul after midterm victory ✓ Milei’s ‘chainsaw’ mini...
📋 Key Facts ✓ Northern Data, backed by Tether, sold its bitcoin mining arm to companies run by Tether executives. ✓ The sale happened j...
📋 Key Facts ✓ Alphabet is set to pay $4.75 billion in cash, plus debt, for Intersect Power. ✓ Intersect Power is a data center and clea...
📋 Key Facts ✓ The Trump administration paused wind projects including Coastal Virginia Offshore Wind. ✓ Interior Secretary Doug Burgum ...
📋 Key Facts ✓ Strategy Inc. increased cash reserves to $2.19 billion by raising $748 million from 4.54 million Class A shares. ✓ Bitcoi...
A Cambodian bank founded by accused scam boss Chen Zhi, who has been indicted by the United States over a multibillion-dollar fraud and extradited to China, was ordered liquidated on Thursday, Cambodi...
The fascination with cryptocurrencies shows no sign of fading. With the passage of the Guiding and Establishing National Innovation for US Stablecoins (Genius) Act in July, US lawmakers added to the s...
Airlines are increasingly tying free WiFi to loyalty to boost membership sign-ups. SES American Airlines will soon offer free WiFi exclusively to AAdvantage members on nearly all flights. This follows...
📋 Key Facts ✓ Jim Beam will pause production at Clermont, Kentucky distillery for one year starting 2026. ✓ Exports of US spirits decli...
📋 Key Facts ✓ India and New Zealand have announced a trade pact making the majority of goods trade duty-free. ✓ India aims to become an...
Over 400 student-loan borrowers shared their repayment and debt relief stories. sengchoy/Getty Images In one month, over 400 student-loan borrowers shared their repayment experiences with Business Ins...
Lou Gerstner, the former CEO of IBM, has died at 83. James Leynse/Corbis via Getty Images Lou Gerstner, who led IBM's turnaround in the 1990s, has died, the company told staff. He kept IBM intact and ...
Brazil is preparing to waive visa requirements for Chinese citizens travelling for tourism and business, local media reported on Wednesday citing government sources, in a move that would mark a signif...
Nvidia CEO Jensen Huang Patrick T. Fallon / AFP via Getty Images Nvidia's $20 billion Groq deal signals an important shift in the AI market. AI workloads are moving from model training to real-time in...
Australia’s government is “disappointed” with China’s decision to impose new beef import tariffs, with one industry group warning the move could damage trade worth over A$1 billion (US$667 million) be...
China’s central bank has set the yuan’s daily reference rate at its strongest level in 15 months, as the currency strengthened in offshore trading and briefly broke through the closely watched seven-p...