Wall Street Banks Prepare to Sell Billions of Dollars of X Loans

Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.

Topics

Expedia’s stock rallies 17% as Wall Street cheers the return of its dividend

For the first time since the COVID-19 pandemic, Expedia will pay out a quarterly dividend of 40 cents a share.
MarketWatch - 2h
Wall Street Prepares to Defend Carried Interest, a Favored Tax Break, Again

President Trump called for ending the so-called carried interest loophole, which saves financiers billions. It’s a tax break that has survived time after time.
The New York Times - 10h
Trump could stick it to Wall Street and Silicon Valley with this tax proposal

It’s not the first time Trump has backed eliminating the carried-interest “loophole.”
MarketWatch - 5h

Wall Street Banks Prepare to Sell Billions of Dollars of X Loans

Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.
The Wall Street Journal - Jan. 24
Canada to Provide $720 Million to Canada Post to Avoid Insolvency at Mail Service

The Canadian government said it would provide extraordinary financing to Canada Post to avoid insolvency at the state-owned mail service.
The Wall Street Journal - Jan. 24
Canada to Provide $720 Million to Canada Post to Avoid Insolvency at Mail Service

The Canadian government said it would provide extraordinary financing to Canada Post to avoid insolvency at the state-owned mail service.
The Wall Street Journal - Jan. 24
Amazon Willing to Discuss Quebec Shutdown With Canadian Officials

Amazon.com said it is open to talks with officials from the Canadian and Quebec governments about the decision to shut down operations in the country’s French-speaking province, which would lead to ...
The Wall Street Journal - Jan. 24
Amazon Willing to Discuss Quebec Shutdown With Canadian Officials

Amazon.com said it is open to talks with officials from the Canadian and Quebec governments about the decision to shut down operations in the country’s French-speaking province, which would lead to ...
The Wall Street Journal - Jan. 24

Fire Destroys Ohio Farm Building Holding Thousands of Chickens

The facility in western Ohio was licensed to house about 280,000 young hens raised to lay eggs. The destruction came amid egg shortages linked to an avian influenza outbreak.
The New York Times - 3m
Right-Wing Crusade Against USAID Has Been Fueled by Falsehoods

As the Trump administration works to dismantle the aid agency, right-wing influencers have flooded the internet with falsehoods about its work.
The New York Times - 10m
Palantir’s ‘revolving door’ with government spurs huge growth

Peter Thiel-chaired group has Washington and Westminster network that helped secure around $3bn in official contracts
Financial Times - 27m
From Dad Energy to Pickleball Hustlers and AI, Super Bowl Advertising Promises Entertainment

From nostalgic reboots to AI-driven innovations, Super Bowl ads offer small businesses a masterclass in humor, engagement, and cultural relevance. Here’s what brands can learn from the high-stakes ...
Inc. - 31m
Trump Says He Will Announce Reciprocal Tariffs Next Week

The president said he planned to impose tariffs on countries that tax U.S. products. He also paused an action against China, allowing its low-cost products to again enter the U.S. tariff free.
The New York Times - 37m