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Business

Beyond the Hype: The Unkept Promise of Microfinancing

Journalists once hailed microfinancing as a powerful tool to lift people out of poverty. Small loans, they argued, could help the poor start businesses...

BlackRock Private-Credit Fund Sees Redemption Surge to 13%, Caps Withdrawals at 5%

BlackRock’s private-credit fund received redemption requests totaling 13% of its net asset value from shareholders in the latest quarter. That marks an increase from...
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Ken Leech Pleads Guilty to Obstruction in SEC Cherry-Picking Probe

Bond Investor Ken Leech Pleads Guilty to Obstructing SEC Probe Ken Leech, the former chief investment officer of Western Asset...

FISA’s Section 702 Expires: What’s Next for U.S. Foreign Surveillance and Privacy?

A key United States surveillance authority, Section 702 of the Foreign Intelligence Surveillance Act (FISA), is set to expire...

Global Oil Prices Slip to $88 a Barrel as Iran Peace Deal Hopes Grow Ahead of Weekend

Global oil prices fell to $88 a barrel on Friday, driven by growing hopes for a peace deal between...

‘Our adviser keeps pushing annuities after we said no — should we fire him for breaching trust?’

A couple seeking retirement security feels increasingly pressured by their financial adviser. He repeatedly recommends annuities despite clear rejections....

Senior Manager Fired After One Month: Is Your Job Safe During the ‘Organizational Reshuffling’?

A company recently dismissed a senior manager who had been hired only one month prior. The termination is part...

Navigating the Cosmos: Why Space ETFs Can Leave Investors Adrift

Certain thematic exchange-traded funds offer exposure to the space industry, but investors may find the landscape difficult to navigate. These...