The $265 billion private credit meltdown: How Wall Street’s hottest craze turned into a panic
It was a glorious time to make money. From early summer 2023 to the close of January 2025, private e[……]…
‘Buffett devotee’ Bill Ackman wants to make Pershing Square into a ‘modern-day’ Berkshire Hathaway
Bill Ackman has never been one to temper his ambitions, but by filing to take Pershing Square public[……] Read More
How the Iran war’s nearly $1 billion-a-day price tag is deepening America’s debt crisis
On February 11, the Congressional Budget Office released its closely-watched, 10-year projections fo[……] Read More
‘It’s so impossible to live with’—Former Goldman Sachs CEO says the Iran war won’t last long
Lloyd Blankfein, who helmed the famed investment bank from 2006 to 2018, said in a CNBC intervie[……] Read More
Mastercard is rolling out a ‘virtual CFO’ built with AI for small businesses
Large companies can rely on in-house finance chiefs for strategic guidance. Many small business owne[……] Read More
Analyzing the SpaceX IPO: What would it take to justify a $1.5 trillion market cap?
Reports are swirling that Elon Musk is planning an IPO for SpaceX this summer. Now that Musk’s merge[……] Read More
The unexpected 92,000 drop in payrolls is a clue we might be reading the AI jobs narrative all wrong
The shocking news that U.S. payrolls dropped by 92,000 in February—market watchers were expecting a[……] Read More
Finance leaders divided on using potential tariff refunds—just 18% would fully roll back price hikes
Good morning. For corporate America, tariffs have shifted from policy experiment to structural reali[……] Read More
3 questions every CEO needs to ask after Jack Dorsey’s dramatic 40% layoffs at Block
Anyone who has been in Corporate America for any length of time expects to see layoffs. But last wee[……] Read…
JPMorgan CEO Jamie Dimon reveals the career goal he adopted when he was a 28-year-old assistant
Before he became the most powerful banking chief in America, JPMorgan Chase CEO Jamie Dimon set hims[……] Read More
Jamie Dimon says Trump’s $5B JPMorgan lawsuit has ‘no merit,’ but he’d be angry about debanking too
While he dismissed President Donald Trump’s $5 billion debanking lawsuit against his company, JPMorg[……] Read More