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'We Have To Revise Our Expectations': White House Downplays Coming Jobs Report
A much-anticipated labor market update isn't due out until Wednesday morning, but the White House is already working to temper expectations.
Blackstone Boosts Stake In AI Startup Anthropic To About $1 billion, Source Says
Blackstone is increasing its investment in the Claude chatbot maker Anthropic, raising its stake to about $1 billion at a valuation of roughly $350B.
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Levered Bond ETF That’s ‘Broken Many Hearts’ Sees Record Inflow
A cohort of ETF traders are piling into a high-octane Treasury bet that interest rates have well and truly peaked.
Advisory Firm Violates New SEC Marketing Rule
In November 2022, the SEC's new marketing rule took effect, bringing long-needed updates to advertising regulations for advisors.
Blackstone CEO’s Trump Bet Pays Off As His No. 2 Plays Powerful Hedge
Steve Schwarzman’s early endorsement of Donald Trump is proving to be a canny wager.