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Goldman builds $21B war chest for biggest-ever private credit pool
ALTERNATIVES MAY 29, 2024
Goldman builds $21B war chest for biggest-ever private credit pool

The banking giant is flaunting its muscle in the buzzy alts sector with the fifth iteration of a fund series launched in 2008.

Stocks, bonds decline as US Treasuries fall overnight
RIA NEWS MAY 29, 2024
Stocks, bonds decline as US Treasuries fall overnight

Fed comments and inflation data weigh on markets.

Hedge funds take Magnificent Seven exposure to record high
RIA NEWS MAY 29, 2024
Hedge funds take Magnificent Seven exposure to record high

Tech mega-caps account for more than 20% of funds' US stock exposure.

BlackRock's $20 Billion ETF becomes world’s biggest bitcoin fund
RIA NEWS MAY 29, 2024
BlackRock's $20 Billion ETF becomes world’s biggest bitcoin fund

The firm's offering has nudged ahead of Grayscale.

Cathie Wood's $60 Million venture fund backs Elon Musk's AI firm
RIA NEWS MAY 29, 2024
Cathie Wood's $60 Million venture fund backs Elon Musk's AI firm

Ark Venture Fund has also invested in OpenAI recently.

Americans looking forward to more student loan relief
RIA NEWS MAY 28, 2024
Americans looking forward to more student loan relief

Federal Reserve Bank survey reveals many have higher hopes for federal student debt forgiveness, particularly older borrowers.

Treasury yields tick up following tepid bond sales
RIA NEWS MAY 28, 2024
Treasury yields tick up following tepid bond sales

Markets drift as investors digest surprise in consumer confidence and fresh remarks from a Federal Reserve Bank official.

Wall Street braces for challenging first day of T+1 settlements
RIA NEWS MAY 28, 2024
Wall Street braces for challenging first day of T+1 settlements

It's been a century since the US stock market was this fast.

Stocks gain as inflation data is in focus
RIA NEWS MAY 28, 2024
Stocks gain as inflation data is in focus

Stats and central bank speakers take center stage this week.

Fed should better explain decisions, says Cleveland president
RIA NEWS MAY 28, 2024
Fed should better explain decisions, says Cleveland president

Loretta Mester says people should be helped to understand policy.