SEC Begins To Ask Questions As Blackstone’s Flagship Funds Hit Redemption Limits

SEC Begins To Ask Questions As Blackstone’s Flagship Funds Hit Redemption Limits Blackstone Inc.’s stock is down 42% year-to-date. The $68 billion Blackstone Real Estate Income Trust (BREIT) informed investment advisors and portfolio managers last month who plowed money into the fund that redemption requests in November and December would be capped. Recall BREIT’s redemption […]
US Lawmakers Negotiating Over 7,500 ‘Pork-Barrel Spending’ Earmarks Totaling $16 Billion For Spending Bill

US Lawmakers Negotiating Over 7,500 ‘Pork-Barrel Spending’ Earmarks Totaling $16 Billion For Spending Bill Authored by Bryan Jung via The Epoch Times (emphasis ours), Congress is negotiating more than 7,500 “pork-barrel spending” earmarks totaling $16 billion for a year-long omnibus spending bill. The US Capitol building in Washington, on Dec. 20, 2020. (Samuel Corum/Getty Images) […]
Racial Discrimination Suit Against Tesla Seeks To Include More Than 100 Other Workers As Plaintiffs

Racial Discrimination Suit Against Tesla Seeks To Include More Than 100 Other Workers As Plaintiffs The problems for Elon Musk continue to pile up in all directions around him. Of the many outstanding issues Musk and Tesla (not to mention Twitter) are dealing with is a 2017 lawsuit that called the company a “hotbed for racist […]
Mass Wall Street Layoffs Officially Arrive: Goldman To Lay Off As Many As 4,000 Employees

Mass Wall Street Layoffs Officially Arrive: Goldman To Lay Off As Many As 4,000 Employees Make no question about it – despite what the “data” shows and what the Fed says – the job market is, in fact, softening. We’ve spent the last two weeks writing about how Wall Street firms are going to be […]
Fresh Missile Barrage Leaves Cities Across Ukraine Without Power Or Water In Sub-Zero Temps

Fresh Missile Barrage Leaves Cities Across Ukraine Without Power Or Water In Sub-Zero Temps “Another wave of massive Russian attacks on energy infrastructure,” Ukraine’s Energy Minister German Galushchenko announced Friday, describing a large Russian barrage of dozens of missiles across major cities. “There will be emergency power outages,” he added. Air raid sirens have been […]
Senate Unanimously Passes Bill To Ban TikTok On All Government Devices Amid National Security Concerns

Senate Unanimously Passes Bill To Ban TikTok On All Government Devices Amid National Security Concerns Authored by Katabella Roberts via The Epoch Times (emphasis ours), The U.S. Senate on Wednesday voted unanimously to pass legislation that would ban the use of the video-sharing app TikTok on government phones and devices amid growing concerns that the app […]
Crude Spikes After White House Says It Will Start Refilling Strategic Petroleum Reserve

Crude Spikes After White House Says It Will Start Refilling Strategic Petroleum Reserve Having drained more than a third of the SPR since the start of the year, helping push the price of oil to 2021 levels… … and with the midterm elections now history, moments ago the White House announced that it would begin […]