How the rich use insurance to invest in private credit without steep tax bills
Private credit has exploded in popularity among investors, with the market soaring from $1 trillion in 2020 to $1.5 trillion at the beginning of 2024, according to alternative data provider Preqin.
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‘We don’t believe in the velvet rope:' One money manager is giving retail investors access to private credit. But is it worth it?
The exchange-traded fund industry is looking to give retail investors more access to alternative investments including private credit.CNBC - Mar. 8 -
BlackRock CEO Larry Fink: Blending public and private markets is a 'great investment' for retirement
Major asset managers and plan providers want to increase the share of private assets in the $12.5 trillion workplace retirement plan market.CNBC - Mar. 17 -
Private Island Comes on the Market in Italy
The sale of an island just off the coast of Bacoli, near Naples, has pit the quest for a rich investor against a more communal alternative.The New York Times - 3d -
Private equity wants a larger piece of the $12.5 trillion workplace retirement plan market
With the new Trump administration, private equity firms see a greater opportunity in the $12.5 trillion in assets in employer-sponsored retirement plans.CNBC - Mar. 11 -
UAE commits to $1.4 trillion 'investment framework' in US: White House
The United Arab Emirates (UAE) has committed to a 10-year, $1.4 trillion “investment framework” in the U.S., the White House announced Friday. The new framework “will substantially increase the ...The Hill - 4d -
Consumer credit rose to $5 trillion in January — 'small cracks are starting to emerge,' analyst says
Revolving debt, which mostly includes credit card balances, jumped 8.2% in January, according to the Federal Reserve’s latest consumer credit report.CNBC - Mar. 10 -
U.S. stock market loses $5 trillion in value in three weeks
The S&P 500 has fallen more than 10% from its record high, entering a correction and shedding trillions of dollars in market value.CNBC - Mar. 14 -
This could be the start of a $1 trillion shift away from U.S. stocks, regardless of what Americans do
Foreign investors reallocating money away from the U.S. could fuel a $1 trillion sell order on U.S. equities, a UBS strategist said Friday.MarketWatch - Mar. 14 -
From chatbots to intelligent toys: How AI is booming in China
China plans to invest more than a trillion dollars as it races against the US to rule advanced tech.BBC News - Mar. 10
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Trump signs executive order requiring proof of citizenship to register to vote in federal elections
President Donald Trump on Tuesday signed a sweeping executive order attempting a major overhaul of American elections, requiring people to prove their citizenship when they register to vote.NBC News - 8h -
Democrats grill Trump officials over leaked group chat
President Trump said his national security advisor does not need to apologize after a reporter said Michael Waltz mistakenly invited him into an encrypted group chat about military operations. ...NBC News - 10h -
Democrats grill Social Security nominee over disruptions as Republicans defend Trump
WASHINGTON — President Donald Trump’s nominee to lead the Social Security Administration, Frank Bisignano, got an earful from Senate Democrats at his confirmation hearing Tuesday, in the wake of ...NBC News - 14h -
Judge rules Columbia protester can't be detained as she fights deportation
A federal judge ruled Tuesday that a Columbia University student who took part in campus protests against Israel's military offensive in Gaza cannot be detained as she fights orders for her ...NBC News - 20h -
These trans wrestlers put their own spin on masculinity
At the sold-out T Boy Wrestling 2.0 competition, organized by Trans Dudes of LA, the performers reminded the crowd that wrestling is hot, and that a life well lived is the best revenge of all.NBC News - 14h
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Everything you need to know about the Spring Statement
Chancellor Rachel Reeves will give more detail about the government's plans for the economy.BBC News - 9m -
Everything you need to know about the Spring Statement
Chancellor Rachel Reeves will give more detail about the government's plans for the economy.BBC News - 9m -
South Korea Wildfires Kill Dozens of People
At least 24 people are dead, including the pilot of a helicopter that crashed during efforts to contain fires that have burned for days, fueled by strong winds.The New York Times - 30m -
South Korea Wildfires Kill Dozens of People
At least 24 people are dead, including the pilot of a helicopter that crashed during efforts to contain fires that have burned for days, fueled by strong winds.The New York Times - 30m -
Cheaper clothing pushes down UK inflation
Inflation fell in the year to February, driven by cheaper women's clothing.BBC News - 33m