Wealth
Bloomberg Wealth
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Mubadala Unit Took $315 Million Credit Hit on Loans to Signa
A unit of Abu Dhabi’s Mubadala Investment Co. said it anticipated a roughly $315 million credit hit related to loans issued to the now-insolvent Signa real estate conglomerate. -
Meme-Stock Mania Crashes Into Reality of Depleted Covid Savings
GameStop’s brief rally, fueled by a social media post, offered a stark contrast to data showing that households budgets are under stress.
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Melinda French Gates’ $12.5 Billion Creates Path to Unrestricted Giving
After her divorce from Jeff Bezos in 2019, MacKenzie Scott changed the game of billionaire philanthropy, writing huge checks to small charities at a breakneck pace from her newly independent $36 billion fortune. -
The Only Investing Benchmark That Matters
In this week’s Merryn Talks Money podcast we talk real returns and the UK bull market.
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Ex-Soros Star Scott Bessent Jockeys With John Paulson to Run Trump’s Treasury
One man, in the eyes of Donald Trump, is a “money machine.” The other is a guy named “Scott.”