38% of US life reserves ceded to Bermuda reinsurers
By end-2024, US life insurers ceded 38% of reserves to Bermuda reinsurers, raising concerns about annuity concentration, weaker counterparties and cross-border risk.
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Finance — Page 8
Latest in Finance
Messages show Epstein offered London flats to women on condition they 'worked' for him
BBC messages show Jeffrey Epstein provided London flats and rent conditionally, using insults and pressure; the records may corroborate survivors.
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Spirit bondholders have one week to weigh Trump's bailout offer
Spirit Airlines bondholders have a week to decide on a government-linked bailout or other restructuring options as rising jet fuel costs complicate the carrier's exit from bankruptcy.
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Series raises $5.1m pre‑seed to build AI social network inside iMessage
Series closed a $5.1m pre-seed to build an AI social network inside iMessage. Backers include Iqram Magdon-Ismail, Pear VC, Steve Huffman and Edward Tian.
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Private credit's trust gap: Hidden risks for investors
Private credit has grown from niche to mainstream. This article examines why higher yields and bespoke loans may hide risks from low transparency and looser underwriting.
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X-energy IPO jumps 27% on Nasdaq, values company at $11.5bn
X-energy priced its IPO at $23, raised just over $1bn and saw shares jump 27% to close at $29.20 on its Nasdaq debut, valuing the company at about $11.5bn.
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X-energy surges 27% in Nasdaq debut
X-energy's Nasdaq IPO jumped 27%, closing at $29.20 vs the $23 offer price, implying $11.5bn value as investors back modular nuclear for data centres.
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Lumina Metals files C$343.7m IPO, targets about C$1.4bn valuation
Lumina Metals files C$343.7M IPO to sell 27.5M shares at C$12.50, funding Polish copper-silver projects and pursuing listings on the TSX and Warsaw.
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Microsoft-style buyouts: what tech workers should know
Microsoft buyouts offer voluntary retirement packages to long‑tenured US staff. What to weigh: payment, benefits, timing and re‑employment options.
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United CEO Floated Merger With American Airlines in Talks With Trump Officials
United Airlines CEO Scott Kirby discussed merging United and American, a move that would create the largest US carrier and face intense antitrust scrutiny.
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QuantumScape shares: what's driving 2025 volatility
QuantumScape shares swung sharply in mid-2025 after large insider sales and mixed milestones. This explains the volatility and the key investor concerns.
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What $1m Buys in Global Prime Real Estate
Knight Frank's 2026 Wealth Report shows what $1m buys in 100 prime markets — 16 sqm in Monaco to gains in Tokyo and Dubai — and why wealth is moving.
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Retiring in your 50s with $3.2m — tax strategy (US example)
A $3.2m investor can use taxable withdrawals and Roth conversions to lower taxes in early retirement. US tax context; Australian readers seek local advice.
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Regulators Ease Bank Leverage Tests, Cut CBLR to 8%
U.S. regulators loosen the eSLR and cut the community bank leverage ratio CBLR to 8%, effective 1 April 2026; banks may opt in voluntarily from 1 Jan 2026.
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Bowman warns Wall Street CEOs against seeking more capital relief
Fed Vice Chair Michelle Bowman said she doesn't expect a fresh push for capital relief after revised Fed drafts that cut aggregate requirements by 4.8%.
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Virginia Senate hopeful admits deliberate $100 Kalshi bet
Mark Moran admits he bet $100 on his Virginia Senate race on Kalshi; the platform fined and banned him, prompting calls for tighter rules governing prediction markets.
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LinkedIn CEO Ryan Roslansky steps down after six years; Dan Shapero succeeds
LinkedIn CEO Ryan Roslansky stepped down after six years; COO Dan Shapero becomes CEO. Roslansky will remain an executive vice‑president at Microsoft.
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Tilray CEO says Schedule III reclassification would open US markets
Tilray CEO says moving cannabis to Schedule III could ease banking, cut tax costs under Section 280E and draw institutional investors, helping the company's US growth.
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Tesla shares rise after Q1 profit beat as margins improve
Tesla beat profit estimates in Q1 2026 with adjusted EPS of $0.41 while revenue missed at $22.39B; automotive gross margins (ex-credits) rose to 19.2%.
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Southwest forecasts Q2 profit below estimates
Southwest forecasts Q2 profit of $0.35–$0.65 a share, below the $0.55 LSEG consensus, citing higher jet fuel costs and tapping bag and seat fees to offset.
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Tesla beats profit forecasts but revenue misses as it pushes into robotics and autonomy
Tesla beat Q1 profit forecasts with $0.41 EPS and $477m net income. Revenue missed estimates, deliveries slowed, and Tesla pushes robotics and autonomy.
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Pilots warn Citadel pullback could push Spirit Airlines into collapse
Pilots urged Citadel to keep funding Spirit Airlines as it nears possible liquidation, warning a pullback could cause mass layoffs and disrupt routes.
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RFK Jr. backs ban on junk-food TV ads
HHS Secretary Robert F. Kennedy Jr. told a Senate committee he would back a ban on junk-food TV ads as agencies weigh marketing limits aimed at children.
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Money‑mule warning for Aussie bank accounts
AFP warns criminals are using money mules to launder funds through Aussie bank accounts. Banks' KYC checks aim to detect and freeze suspicious activity that can affect customers.
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Unsealed Amazon emails show how it pushed rivals to raise prices
Amazon emails unsealed in a California suit allege the company pushed sellers to raise prices on rival sites via pauses, flags and delisting requests.
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3 min read