Returns on the riskiest portion of collateralized loan obligations are booming, reaching about 20% annualized on both sides of the Atlantic as loan performance improves, debt spreads tighten and payouts grow. from Bloomberg Markets https://ift.tt/TlpBLH1
Basketball sensation Caitlin Clark said the past couple of months have “definitely been a whirlwind.” The top pick in last month’s WNBA Draft entered the league after a national championship appearance. But she continues to adjust to playing at the professional level. It took six games for Clark and the Fever to record their first…
Burkina Faso will allow junta leader Ibrahim Traore to contest the next presidential election, becoming the second West African nation under military control to delay a return to civilian rule. from Bloomberg Politics https://ift.tt/HzXNV5I
When the child of a famous athlete begins to take his parent’s sport seriously, the pressure is on, fairly or not. That happened to Ryan Blaney when he was just a teenager since his father, Dave Blaney, drove in 473 races during a 17-year NASCAR career. Ryan has since lived up to just about all…
Rafael Nadal has missed each of the last four grand slams but is making his return to the French Open, where he plays his best. The 37-year-old has dominated the clay his entire career, and 14 of his 22 grand slam wins have come at Roland Garros, including his most recent just two years ago.…
Former President Donald Trump is whittling down his list of potential running mates, and one lawmaker is moving up, according to a report from The New York Times. Sources close to Trump claim Sen. Tom Cotton of Arkansas is quickly becoming a top contender for the role, according to a Friday report from the outlet.…
At least 22 people, including children, have died in a fire at a games arcade in India, local officials say. https://ift.tt/O76HKEV May 25, 2024 at 09:03PM
Demi Moore appeared to be quite impatient with members of the star-studded audience at amfAR’s Cinema Against AIDS Cannes Gala in Cap d’Antibes, France. On Thursday, Moore was onstage and introducing Cher when she called out a member from the back of the audience at Hotel du Cap, Eden. In a video uploaded to X,…
Seamus Rocca, CEO of Xapo, had a candid conversation with Bitcoin.com’s COO Jason Sheman, where he shared his accumulated experience and knowledge describing what makes Xapo different from a traditional neobank, talked about U.S. markets and regulations, how emerging markets see crypto, and the necessity of implementing stablecoins in Xapo after Silvergate Banks’ downfall. Xapo…
The BBC’s international editor explains how Russia is seizing the opportunity to hit Ukraine in new deadly strikes. https://ift.tt/ZO8rfAn May 25, 2024 at 08:25PM