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A version of this article appeared in CNBC’s Inside Alts newsletter, a guide to the fast-growing world of alternative investments, from private equity and private credit to hedge funds and venture capital. Sign up to receive future editions, straight to your inbox. Fears of rising defaults and a systemic crisis from private credit don’t reflect the underlying […]
Former Federal Reserve Governor Kevin Warsh soared ahead of National Economic Council Director Kevin Hassett on prediction markets betting on the next Fed chair after President Trump on Friday hinted that Hassett might be out of the running. Trump did not reveal his final choice to replace Fed Chairman Jerome Powell, but said he would […]
Hey, are you sure you want to send that to your group chat? Like, one thousand percent sure? Just checking. Because it’s been a strange week in the history of the group chat, those seemingly intimate text conversations that ping back and forth among friends and family members and, apparently, national security personnel. On Monday, […]
