Bloomberg

Bloomberg
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Amid steady economy, inflation marked higher at end of 2024
RIA NEWS FEB 27, 2025
Amid steady economy, inflation marked higher at end of 2024

The Federal Reserve's preferred yardstick showed prices rising at a faster clip than initially reported, adding to the outsized toll on lower-income households.

Trump unveils plan to offer 'gold card' visas for $5 million to wealthy foreigners
RIA NEWS FEB 26, 2025
Trump unveils plan to offer 'gold card' visas for $5 million to wealthy foreigners

The president's new scheme, set to launch in two weeks, would replace an existing program to let foreign affluent investors and their families gain permanent residence.

Blackstone raises $5.6B for latest energy transition fund
ALTERNATIVES FEB 26, 2025
Blackstone raises $5.6B for latest energy transition fund

The alternative asset giant is betting on governments to continue their embrace of cleaner energy even as Trump and global conflicts put oil and gas back in focus.

Big tech tumbles into correction zone with Tesla leading losses
EQUITIES FEB 25, 2025
Big tech tumbles into correction zone with Tesla leading losses

Collective weakness in the Magnificent Seven has sent US stocks tumbling and volatility spiking, reversing earlier post-election exuberance.

10-year yield hits 2025 low on traders' revived rate-cut bets
FIXED INCOME FEB 25, 2025
10-year yield hits 2025 low on traders' revived rate-cut bets

Investors are growing confident of rate reductions amid an outlook for weaker US economy and Trump policy uncertainty.

Bessent, congressional Republicans kickstarting tax cut talks
RIA NEWS FEB 24, 2025
Bessent, congressional Republicans kickstarting tax cut talks

House legislators are set to approve a mammoth budget that requires $2 trillion in spending cuts to clear room for a tax cut package by the end of the year.

JPMorgan leans into direct lending with fresh $50B commitment
ALTERNATIVES FEB 24, 2025
JPMorgan leans into direct lending with fresh $50B commitment

The Wall Street giant's enhanced effort to support "origination machine" underlines banks' growing incursion into the $1.6 trillion territory traditionally controlled by asset managers and credit shops.

Trump Media takes finance ambitions further with investment fund
MUTUAL FUNDS FEB 21, 2025
Trump Media takes finance ambitions further with investment fund

The parent company of Truth Social said it will look for companies set to benefit from the "growing America First Economy."

Wall Street is hawking ETFs that ape the private equity boom
ALTERNATIVES FEB 21, 2025
Wall Street is hawking ETFs that ape the private equity boom

With private asset ETFs still awaiting regulatory approval, opportunistic issuers are continuing to crank out products that promise the next best thing.

Billionaire Perot cites 'big concern' on Trump tariff threats
RIA NEWS FEB 20, 2025
Billionaire Perot cites 'big concern' on Trump tariff threats

The second-term president's "inflationary and confusing" pronouncements notwithstanding, the Texas real estate tycoon and longtime Republican backer said he feels no voter's remorse.