Blackrock's Private Credit Fund Gates Investors Again After Redemption Requests Surge

Wall Street Skeptical Of GameStop CEO's $56 Billion eBay Takeover Bid Summary: Wall Street analysts "skeptical" on GameStop Takeover of eBay GameStop CEO Reveals Unsolicited Offer to Buy eBay Wall Street Analysts Respond eBay shares jumped as much as 13% in New York premarket trading after GameStop CEO Ryan Cohen told The Wall Street Journal that he had submitted a $56 billion takeover bid for the online marketplace. Cohen's deal appears to be part of his strategy to transform eBay into a direct competitor to Amazon, leveraging GameStop's retail footprint and logistics infrastructure to create...

Since Lockdowns, A 12% GDP Loss; Half Of US Dollar Purchasing Power Stolen Authored by Jeffrey Tucker via The Brownstone Institute, Many of us have had the intuition that the economic damage from 2020 – including industrial stoppages, monetary printing, supply-chain disruptions, extended school closures, and general population demoralization – was in fact far greater than official statistics indicate.  What follows will shore up this intuition, using new techniques and numbers from an innovative project called RealityIndex.co.  It’s true that official data is bad enough, showing a 26% loss in purchasing power, slow growth...

A US Air Force pilot suffered shrapnel wounds when a US F-35 fighter jet was struck while flying over Iran last week, Air and Space Forces Magazine has reported, citing people familiar with the matter. US Central Command (CENTCOM) hasn’t shared any details about the incident other than acknowledging that the F-35 was hit, made […]