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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.
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
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Bridgewater Increased Bets On Banks Before Election-Driven Rally
Bridgewater added shares of big banks to its portfolio in the third quarter, securities filings showed, ahead of a presidential election rally.
SoFi Is Making A Significant Shift In It's Robo-Advisor Offering
SoFi is making a significant shift in its robo-advisor offering by introducing new investment choices and, for the first time, a management fee.
Fed’s Powell Says No Need To Hurry Rate Cuts With Economy Strong
Fed Chair Jerome Powell said the recent performance of the US economy has been “remarkably good,” giving central bankers room to lower interest rates.
Americans Fall Further Behind On Debts, New York Fed Finds
Americans fell a bit further behind on their credit cards and other loans last quarter, as household debt reached an all-time high.