Michael Saylor may burn his Bitcoin before death for “economic immortality”
Bitcoin maximalist Michael Saylor said he may burn his own private Bitcoin keys as an “ethically proper, ethically sound form of charity.”
Junk Bonds Win Over Investors Seeking Calm From Market Storm
(Bloomberg) -- Junk bonds don’t seem quite so junky anymore. US investors are piling into an asset class that has grown a little safer in recent years, and in recent weeks has drawn investors seeking a safe harbor from market turbulence.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?How SUVs Are Making Traffic WorseTrump Slashed International Aid. Geneva Is Feeling the Impact.Paris Votes to Make
NY Fed details likely looming rise in troubled student loan borrowing
NEW YORK (Reuters) -The end of various pandemic-era student loan support programs likely portends a rise in credit issues for borrowers, although it will take time to understand the full extent of the problem, New York Federal Reserve researchers said on Wednesday. “We expect to see more than nine million student loan borrowers face substantial declines in credit standing over the first quarter of 2025,” the regional Fed bank said in a blog posting. New York Fed economists acknowledged there’s lots of uncertainty over how this increased trouble in the student lending sector will play out, but noted that those with higher levels of credit scores appear to have the most room to lose.
Crypto Exchange Bitso Launches Stablecoin Business, Eyeing LatAm Cross-Border Payments
The newly established subsidiary, Juno, will first issue a Mexican peso stablecoin on Ethereum layer-2 Arbitrum.
Aircraft Finance Market Outlook: Buy Now, or Pay the Price Later
Interest rates are falling for aircraft buyers. The post Aircraft Finance Market Outlook: Buy Now, or Pay the Price Later appeared first on FreightWaves.
Kids Retailer Carter's Announces New CEO Amid Stock Slump
Child and baby retailer Carter's announced on Wednesday the appointment of Doug Palladini as its next CEO.
BlackRock launches new model portfolio to further private market push
BlackRock has launched its first model portfolio blending private and publicly traded assets, it said on Wednesday, as it looks to expand its footprint in the lucrative private market landscape. Model portfolios are blueprints that financial advisers use to manage their clients' investments. Tailored for a variety of risk tolerances and goals, they can help advisers save time and costs they would otherwise have spent on building portfolios from scratch.
Wingstop initiated, CarMax upgraded: Wall Street's top analyst calls
Wingstop initiated, CarMax upgraded: Wall Street's top analyst calls
Sports Illustrated to Roll Out Athletics-Linked Wagers Market
(Bloomberg) -- The Sports Illustrated brand is teaming up with UK-based media firm Galactic to launch a predictions market allowing users to bet on anything linked to athletic events — except the outcome of games.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Trump Slashed International Aid. Geneva Is Feeling the Impact.How SUVs Are Making Traffic WorseParis Votes to Make 500 More Streets Car-Fre
3 Small-Cap Stocks Skating on Thin Ice
Investors looking for hidden gems should keep an eye on small-cap stocks because they’re frequently overlooked by Wall Street. Many opportunities exist in this part of the market, but it is also a high-risk, high-reward environment due to the lack of reliable analyst price targets.