Banks Sell $4.7 Billion of X’s Debt, in a Sign of Investor Demand
The social media company is attracting investor interest because of Elon Musk’s close ties to President Trump and a recent jump in revenue.
Read more at The New York Times
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Banks Sell $4.7 Billion of X’s Debt, in a Sign of Investor Demand
The social media company is attracting investor interest because of Elon Musk’s close ties to President Trump and a recent jump in revenue.The New York Times - 6d -
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 -
These States Could Miss Out on $47 Billion in Energy Loans
Billions of dollars in loans are in limbo due to Trump’s freeze of clean energy funding, affecting businesses across the country.Inc. - Feb. 10 -
Ethiopia bond investors accuse IMF over debt relief
Debtholders committee says government finances boosted by jump in coffee and gold exportsFinancial Times - 3d -
Sell McDonald's on Monday's gains, Main Street Research investor says
Main Street Research's James Demmert says to sell McDonald's and Charles Schwab. The investor is bullish on German software stock SAP.CNBC - Feb. 10 -
Lyft says rides have gotten cheaper. Here’s why investors are selling.
Ride-hailing platform Lyft Inc. on Tuesday rolled out a new buyback program, but its forecast for a key demand metric came in below Wall Street’s expectations, as it tries to stay competitive with ...MarketWatch - Feb. 12 -
Deutsche Bank fined €10mn by Spanish regulator over forex mis-selling
German watchdog BaFin set to conclude its own investigation in coming weeksFinancial Times - Feb. 10 -
Democrats demand probe into Musk's alleged 'conflicts' over billions in fed contracts
House Judiciary Democrats sent a terse letter Friday to Attorney General Pam Bondi, expressing concerns that Elon Musk’s role at DOGE creates "conflicts of interest."ABC News - Feb. 7 -
Trump amends CBS '60 Minutes' lawsuit and demands $20 billion
President Trump doubled the damages he is seeking from CBS and its parent company, Paramount Global, which needs FCC approval for its pending merger.Los Angeles Times - Feb. 8 -
Elon Musk-led investor group offers $97.4 billion for control of OpenAI
Billionaire Elon Musk is leading a group of investors in a $97.4 billion bid to take control of artificial intelligence pioneer OpenAI.CBS News - Feb. 10 -
Elon Musk and investors offering $97.4 billion for control of OpenAI, WSJ reports
Elon Musk is leading a group of investors in offering to buy control of OpenAI for $97.4 billion, The Wall Street Journal reported on Monday.NBC News - Feb. 10 -
Musk-led investor group offers $97.4 billion for OpenAI — Altman declines
According to The Wall Street Journal, Elon Musk and a group of investors are offering $97.4 billion to take control of OpenAI.CNBC - Feb. 10 -
Zeldin seeks to recoup billions issued by Biden under 'green bank' program
Environmental Protection Agency (EPA) Administrator Lee Zeldin says he will try to recoup billions of dollars issued by the Biden administration under its “green bank” program. Under the program, ...The Hill - Feb. 13 -
Wall Street banks have sold almost all $12.5bn of debt tied to Elon Musk’s Twitter purchase
Investor perception of debt has changed since Donald Trump’s election victoryFinancial Times - 6d -
Bank stocks set to do 'pretty well' under Trump 2.0, investor says, naming his favorites
Investor Kingsley Jones names his favorite investment bank stocks and says "Wall Street, in general, will do quite well" under Trump.CNBC - Feb. 11 -
Pokemon Go Developer In Talks To Sell Games Division To Saudi Arabia's Savvy For $3.5 Billion - Report
Pokemon Go developer Niantic is reportedly in discussions to sell its games division to Saudi Arabia-owned Scopely Inc for roughly $3.5 billion. Scopely was acquired by Saudi Arabia owned Savvy ...GameSpot - 1d -
Goldman says AI could be a $200 billion game changer for China markets. But here’s why investors shouldn’t rush in.
China stocks are starting to feel the benefits of AI, but Goldman Sachs says there are reasons not to rush in.MarketWatch - 3d -
U.S. industrial output picks up — a sign that tariff threats are boosting demand for U.S. factory goods
After being flat for two years, economist see the industrial-production sector starting to stir.MarketWatch - 6d -
Say hello to the Magnificent 47
Europe’s 47 largest banks have returned over 100 per cent since the start of 2022Financial Times - 3d -
Magnificent 7? Try the Magnificent 47 for size
European banking stocks have had a blistering run but there is still room for expansionFinancial Times - Feb. 13 -
Run to the sun: on board Amtrak’s new 47-hour Chicago-Miami sleeper
The season-scrambling Floridian takes passengers direct from the snows of Illinois to Florida’s palm-lined beachesFinancial Times - 1d -
Become Your Bank: Infinite Banking With an Inflation Hedge
Low interest rates aren’t keeping up with inflation.Inc. - Feb. 11 -
A sovereign debt restructuring furniture review
What have we learned from the recent spate of government bankruptcies?Financial Times - Feb. 12 -
Does bankruptcy clear tax debt?
Clearing your IRS tax debt by filing for bankruptcy may not be as simple as you think.CBS News - Feb. 12 -
Angola’s sanctions debt mystery — solved?
No one expects the Ost-West Handelsbank! (Or do they?)Financial Times - 2d -
How to qualify for debt relief in 2025
If you want to qualify for debt relief this year, it helps to first know the requirements for each option.CBS News - 1h -
US banks ❤️ private capital
What we do in the shadowsFinancial Times - Feb. 11 -
House Republicans demand UFO transparency
On Feb. 11, House Oversight Committee chairman James Comer (R-Ky.) announced the establishment of the Task Force on the Declassification of Federal Secrets.The Hill - 2d -
No. 3 Notre Dame hands Stanford the worst loss in program history with 96-47 win
Hannah Hidalgo scored 24 points and No. 3 Notre Dame handed Stanford the worst defeat of its storied women’s basketball program.Yahoo Sports - Feb. 7 -
Booker scores 47 points, Allen forces OT with 3-pointer at buzzer in Suns' 135-127 win over Jazz
Devin Booker scored a season-high 47 points, Grayson Allen hit a 3-pointer at the buzzer to force overtime and the short-handed Phoenix Suns rallied to beat the Utah Jazz 135-127ABC News - Feb. 8 -
Boyd's 24 lead San Diego State over Boise State 64-47
Led by Nicholas Boyd's 24 points, the San Diego State Aztecs defeated the Boise State Broncos 64-47ABC News - 4d -
How to Pay Off Credit Card Debt
A new report finds that people are spending more on their cards and paying down less. Financial experts offer tips for reducing that debt, starting with looking at your spending habits.The New York Times - Feb. 7 -
A golden opportunity to reduce US government debt?
Not so fastFinancial Times - Feb. 13 -
Secured vs. unsecured debt: Everything to know now
Knowing what's at stake with secured and unsecured debt could help protect your assets.CBS News - Feb. 13 -
Americans are piling on debt at a furious pace, as tariffs loom
Credit-card bills and car loans swelled at the end of 2024.MarketWatch - Feb. 13 -
How Trump Could Get Us Into a Debt Crisis
A blowup will be sparked not by government spending but from political malpractice.The New York Times - 2d -
Why you should consider debt relief this March
Several factors indicate a tough March for consumers with debt. Find out what you can do about it.CBS News - 1h -
Banks slash savings rates after Bank of England rate cut
Dozens of providers reduce rates or withdraw products following BoE moveFinancial Times - Feb. 12
More from The New York Times
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Microsoft Says It Has Created a New State of Matter to Power Quantum Computers
Microsoft’s new “topological qubit” is not based on a solid, liquid or gas. It is another phase of matter that many experts did not think was possible.The New York Times - 1d -
Microsoft Says It Has Created a New State of Matter to Power Quantum Computers
Microsoft’s new “topological qubit” is not based on a solid, liquid or gas. It is another phase of matter that many experts did not think was possible.The New York Times - 1d -
Elon Musk’s DOGE Seeks Access to Americans’ Data, Alarming Government Employees
Employees from Elon Musk’s so-called Department of Government Efficiency are gaining access to vast amounts of information held by federal agencies, even as lawsuits try to stop them.The New York Times - 1d -
Elon Musk’s DOGE Seeks Access to Americans’ Data, Alarming Government Employees
Employees from Elon Musk’s so-called Department of Government Efficiency are gaining access to vast amounts of information held by federal agencies, even as lawsuits try to stop them.The New York Times - 1d -
Prominent Cryptocurrency Investor Faces Senate Tax Inquiry
The Finance Committee’s top Democrat sent a letter last month to Dan Morehead, the founder of Pantera Capital, about the investigation.The New York Times - 5d
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The National Institute of Standards and Technology Braces for Mass Firings
Approximately 500 NIST staffers, including at least three lab directors, are expected to lose their jobs at the safety-standards agency as part of the ongoing DOGE purge, sources tell WIRED.Wired - 12m -
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The 31 Best Movies on Max (aka HBO Max) Right Now (February 2025)
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