Circle Internet Rallies After Testimony Urging Full GENIUS Act Implementation
Circle President Heath Tarbert urged Congress to fully implement the GENIUS Act and close offshore loopholes so the dollar stays central to digital payments.
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Redemption Pressure Eases at Blue Owl as Withdrawals Slow in Q2
Blue Owl saw redemption requests fall in Q2, with its flagship fund dropping to 19% from 22%. Total withdrawals eased to $4.7 billion amid improving investor confidence.
Fears Reignite: Partners Group Limits Redemptions and Triggers Sector Selloff
Private equity funds face heavy withdrawals, causing limits and stock drops as investors worry about liquidity and valuations.
Trump Takes Apple, Tesla, Nvidia & Micron CEOs to China for Major Trade Talks
Trump visits China with top US CEOs to improve trade, tech ties, and investment between the US and China.
Amex Global Business Travel Sold to Long Lake
Long Lake is buying Amex GBT for $6.3B, boosting travel with AI. Shareholders get a big premium; brand stays unchanged.
Apollo Limits Redemptions in Major Retail BDC Amid Private Credit Outflow Wave
Apollo Global limits withdrawals to 5% in Apollo Debt Solutions after 11.2% redemption requests hit private credit funds amid investor anxiety.