Blue Owl Shares Fall As Private Debt Manager Caps Major Withdrawal Requests

Private credit manager Blue Owl (OWL) said Thursday it saw a major wave of requests from investors to pull money out of two of its non-traded funds.

Featured

Americans Nearing Retirement Say They Plan To Take Social Security 'As Soon As Eligible'

Many Americans are gloomy about the future of Social Security. And they aren't keen on waiting until age 70 to start collecting it.

What We've Learned In A Year Since 'Liberation Day'

What we've learned in a year since 'Liberation Day'

New York Gov. Hochul Begs 'High-Net-Worth' Refugees To Return And Be Taxed

New York Gov. Hochul Begs 'High-Net-Worth' Refugees To Return and Be Taxed

Recent

Microsoft CEO Dumps Half of Shares Ahead of Capital Gains Tax Change

Microsoft CEO Satya Nadella has sold 838,584 shares, yielding more than $285 million ahead of capital gains tax changes.

Bonds Show Hedging Magic in Latest Test to Rebuff 60/40 Haters

Treasuries rallied big time on haven buying and cushioned the selloff in global risk markets.

Robinhood Short Sellers Winning Big as Brokerage’s Shares Tumble

Investors who have sold borrowed shares in company, anticipating they can buy back after they fall, have seen $253 million in mark-to-market gains.

Washington Wire

Fed 'Absolutely' Has to Speed Up Inflation Fight: Wharton's Siegel

The Fed is "very much behind the curve' on inflation, Jeremy Siegel, prominent finance professor at the Wharton School, says.

Popular

Warren Buffett On The Recent Stock Market Selloff: 'This Is Nothing'

2 'Magnificent 7' Stocks See Stunning Plunges

Hedge Funds Bail From Globals Stocks At Fastest Pace In 13 Years

'Mild Stagflation': Bank Of America Rips Up Economic Forecasts, Braces For $100 Oil All Year On Iran War Disruptions

The Trust Advisor

Washington State Enacts New Tax On Wealthy