A version of this story appeared in CNN Business’ Nightcap. To get it in your inbox, sign up for free Here. New York – Until recently, the name Blue Owl Capital was synonymous with Wall Street and the booming private equity business, a lightly regulated financial space where non-banks lend to risky companies. Recently, its … Read more
Moneywise and Yahoo Finance LLC may receive commission or revenue from the links below. America’s debt crisis is not an immediate problem, but it could become one if nothing changes. That is a quote from Federal Reserve Chair Jerome Powell given in a recent interview with Harvard economics students (1). Powell said: “The debt situation … Read more
The 55-year-old partner at an AmLaw 100 firm sits on $1.8 million in a 401(k), earns $800,000 a year, and has been putting money into a Partial Repayment plan for a decade. On paper, the retirement picture looks simple, but a deferred tax liability of hundreds of thousands of dollars is piling up in the … Read more
The widespread costs and expenses of a health crisis are pushing many Americans into financial trouble, a new study has found. What You Should Know According to a new study by the financial services company JG Wentworth, conducted in February 2026 and evaluating 1,421 adults in the US, almost half of each person’s bankruptcy is … Read more
A few weeks ago, my two-year-old daughter broke her leg. An innocent trip from a few steps up resulted in a “baby fracture” – a hairline fracture in his tibia caused by a hard fall – a cast, and several weeks of surgery on him while he recovered. I hadn’t paid much attention to him … Read more
The chairman of the Federal Reserve Jerome Powell gave a strong assessment of the health of the American finances on Monday, telling a Harvard economics group that while the national debt of $ 39 trillion is not immediately dangerous, the way the country is in requires urgent attention from the lawmakers. Powell said during a … Read more