(Bloomberg) — Blackstone Inc.’s $69 billion real estate trust hit a monthly redemption limit in January, as the firm’s crown jewel continues to wrestle with a line of investors seeking to get money out. Most Read from Bloomberg Blackstone Real Estate Income Trust told investors Wednesday that it fulfilled repurchase requests for 2% of its … Read more
House Republicans will begin their probe next week into and family, particularly his son Hunter Biden— just as the president vies for America’s attention ahead of his Feb. 7 State of the Union address. A House Oversight Committee hearing, slated for the day after Biden’s remarks, will deal with the laptop , which has become … Read more
America’s debt ceiling was reached – again – on January 19, 2023 as the country exceeded its $31.4 trillion spending cap. The cap was raised to that amount in December 2021. As much terms like “ceiling” and “cap” are used in this discussion, the truth is this limitation is more of a temporary hindrance than … Read more
(Bloomberg) — China invoked the US’s brinkmanship over its own debt limit as it hit back at Treasury Secretary Janet Yellen’s criticism of Beijing’s handling of debt issues in developing countries. Most Read from Bloomberg The criticism came from the Chinese embassy in Lusaka, Zambia, on Monday, which blasted the US over its “catastrophic debt … Read more
WASHINGTON (Reuters) – The U.S. Treasury Department on Thursday began using extraordinary cash management measures to continue borrowing under the federal debt limit, Treasury Secretary Janet Yellen told congressional leaders. The Treasury began a “debt issuance suspension period” to last through June 5 that suspends investments in the Civil Service Retirement and Disability Fund which … Read more
(Bloomberg) — The Treasury Department is beginning the use of special measures to avoid a US payments default, after the federal debt limit was reached Thursday. Most Read from Bloomberg The department is tapping the financial resources of two government-run funds for retirees, in a move that will give the Treasury scope to keep making … Read more
This week will be a busy one for investors with major earnings reports from some of the world’s largest banks on tap, this as major world leaders and CEOs gather in Davos for the World Economic Forum. And in Washington, all eyes will focus on the Investors pushed stocks higher last week, with the Nasdaq … Read more
Have we hit the peak of ? According to Research, which has been counting the number of shows on TV since it got into the scripted game with “The Shield” twenty years ago, there were 599 adult scripted original series across broadcast, cable and streaming services in 2022 — a new record. , the chairman … Read more
Saving for retirement is hard. It takes discipline, intelligence and likely a little bit of luck. You have to put money into your retirement fund consistently, make smart investment choices and hope that none of them end up going sideways. What might be even tougher than saving for retirement, though, is making the right moves … Read more
COLUMBUS, Ohio (AP) J.T. Tuimoloau stood in front of the Buckeyes before practice the week after Ohio State’s second straight loss to Michigan. As the sting of defeat began to set in and the prospect of missing the playoff remained a possibility, the second-year defensive end offered a reminder to his teammates. Ohio State still … Read more