Blackstone’s top private equity executive prepares exit for possible public service move
Joseph Baratta, one of the company’s best-paid employees, plans to leave the group after almost three decades
Trump has gotten rid of many of the checks and balances that could stop him from demolishing the Kennedy Center
Musicians perform during a rally against the closing of the John F. Kennedy Center for the Performing Arts on Sept. 18, 2026. AP Photo/Jose Luis MaganaWho gets to decide the future of the living memorial to former President John F. Kennedy, and who holds those decision-makers to account?
FEDS Paper: How Did CECL Affect Bank Lending?
Ben Ranish and Cindy M. VojtechAdoption of the current expected credit losses (CECL) methodology for loan loss provisioning significantly altered how banks recognize loan losses in their capital calculations. Because capital is a more costly funding source for banks, the accounting change affects banks' cost of funding loans.
AI is creating jobs as well as erasing them – but how rewarding are they?
rudall30/ShutterstockDon’t believe the hype about AI taking over all forms of work. Most of the evidence to date suggests large-scale job losses are limited. But what is changing is the way work is organised.
Gen Z communicates differently in the workplace, but older colleagues can still decode them
Young workers often share values with older colleagues, but the environment where they learned about workplace behavior is different.
Credit growth picks up pace in Aug, with 7.1% YoY rise
Credit expansion in the Greek private sector slightly accelerated in August, rising by 7.1 percent year-on-year (YoY), from 6.8 percent the previous month, Bank of Greece (BoG) figures released on Friday showed.
Deposits rise to 224.43 bln, with 2.97 bln inflow in Aug
Private sector deposits grew in August, with a net inflow of 2.97 billion euros, after a drop of 2.01 billion euros in July, according to the latest Bank of Greece (BoG) figures released on Friday.
Rebuilding LA, the Eames way
The 1949 house designed by Charles and Ray Eames is the inspiration for a new generation of prefab homes replacing those destroyed in last year’s wildfires
US seizes bank accounts of payments group linked to Tether
Prosecutors allege Capstone illegally moved hundreds of millions of dollars for the crypto companies at the direction of a Caribbean bank
VAT continues to drive budget performance in Aug, at 1.21 bln above target
The budget primary balance was confirmed at a surplus of 6.53 billion euros for August, compared to a surplus of 8.5 billion euros a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Friday.
Pages
