Airbnb, UBER both Minted Billionaires, BRIXXER is NEXT
BRIXXER has emerged and is disrupting the Commercial Real Estate (CRE) Industry. Has potential to be the biggest ever disruptor. Addressable market in U.S. is 250 and 400 times larger than Airbnb and UBER respectively. $1.00 in Brixxer’s Series A round is projected to...
Blue Owl Slashes Private Loan to Near-Zero Amid Bankruptcy Risk
Inside Blue Owl Capital Inc.’s retail private credit fund, Loparex looked like most other investments at the end of last year. Its highest-priority loans were valued at 100 cents on the dollar, while its second-lien debt was marked a bit below 90. It only took a...
Trump Demands Fed Lower Rates, Reviving Pressure Campaign
President Donald Trump intensified pressure on the Federal Reserve to lower interest rates, threatening to cut off trade with certain economies with which the US has a deficit if the central bank doesn’t act. Trump issued his demands Friday in a lengthy social media...
Radiant World Sent Lender Fake Glencore Deals, Lawsuit Says
Iron ore trader Radiant World used Glencore invoices that had already been paid, supported by fake contracts, in order to raise $31.7 million, a lender alleged in a filing to Singapore’s High Court. The disclosure — in papers filed by Singapore-based Incomlend Pte.,...
Fidelity: 769,000 savers have $1 million or more in their 401(k)
The first half of the year treated retirement savers well. The average 401(k) account balance with Fidelity Investments grew 10.5% in the second quarter from the end of March, a gain of 13.1% from a year earlier. Individual retirement account (IRA) balances jumped...
Mark Walter’s Insurers Ramped Up Borrowing From Home Loan Bank to $6 Billion
Insurers controlled by billionaire sports mogul Mark Walter, now under scrutiny for loaning more than $20 billion to other parts of his empire, have in recent years increasingly leaned on a source of low-interest financing set up to help US homebuyers. Walter’s two...
SEC Preps Plan to Widen Investor Access to Private Markets
The US Securities and Exchange Commission is eyeing a plan to expand access for retail investors to private markets and allow investment advisers to charge performance fees to a wider set of clients. The regulator’s planned proposal was received by the White House...
US 30-Year Bond Enters September on Worst Stretch Since 2006
Not since 2006 have yields on the longest-maturity Treasuries been this high for this long, with a gaping budget deficit, another wave of corporate issuance and a potentially decisive Federal Reserve meeting set to keep investors wary of US debt in coming weeks. The...
‘First Real Test’: Australia Property Fiasco Puts Private Credit on Edge
Australian private credit funds are trying to contain panic among investors, after the collapse of property developer Bathla Group sparked fears that the industry’s big bet on the property sector is going south. Bathla’s failure has raised the specter that more...
KKR-Backed Beauty Firm Wella Files for IPO Showing Sales Growth
Wella Co., the owner of beauty brands including its namesake, Clairol and OPI, filed for a US initial public offering as its revenue increased. The New York City-based firm had net income of $2.7 million on $2.94 billion of revenue for the year ended June 30, 2026...
Multi-Billionaire’s Grand Jury Scandal to Doom Stocks
An ongoing grand jury investigation of iconic multi-billionaire, Mark Walters has doomed stocks. The odds for an extremely violent 1929 or 2008 style crash by end of 2026 is at a heightened state. The growing negative publicity surrounding the scandal have increased...
‘Flash Crash’ Hits Sensex Index During Unpopular Closing Auction
India’s popular stock benchmark, the BSE Sensex, briefly plunged about 3% during a 20-minute closing auction Thursday, exacerbating concerns over thin liquidity and manipulation during the window. At one point, the 30-stock index slumped to 74,983.19 points, 2.9%...
Private Credit Investors Prefer to Be Trapped Than Take 26% Loss
The calculus by Cox Capital Partners was simple enough. With a nearly $15 billion redemption backlog from private credit funds, the firm would offer instant liquidity for some investors by purchasing their shares, up to $90 million worth, at an average 26% discount....
The ‘Burn the Bonds’ Stage of the Debt Cycle Is Here
High indebtedness has prompted a call for France to cancel part of its public liabilities. Ideas spread, so expect similarly unorthodox demands elsewhere as governments grapple with high debt, while political disruptors air increasingly unconventional policies. All...