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Wall Street Prepares to Defend Carried Interest, a Favored Tax Break, Again
Posted inHedge Funds internal-storyline-no Private Equity Tax Credits, Deductions and Exemptions Tax Cuts and Jobs Act (2017) Taxation Trump, Donald J Venture Capital

Wall Street Prepares to Defend Carried Interest, a Favored Tax Break, Again

President Trump called for ending the so-called carried interest loophole, which saves financiers billions. It’s a tax break that has survived time after time.
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Posted by By Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler
How DeepSeek Went From Stock Trader to A.I. Star
Posted inArtificial Intelligence Baidu Inc Beijing Bytedance Technology Co Ltd China Computer Chips DeepSeek Artificial Intelligence Co Ltd Hedge Funds High-Flyer Liang Wenfeng Lu Zhengzhe Research

How DeepSeek Went From Stock Trader to A.I. Star

The little-known artificial intelligence firm has emphasized research, even as it emerged as the brainchild of a hedge fund.
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Posted by By Meaghan Tobin Paul Mozur and Alexandra Stevenson
Scott Bessent, Trump’s Pick for Treasury Secretary Doesn’t Fit the President-Elect’s Loyalist Mold
Posted inAppointments and Executive Changes Bessent, Scott Conservatism (US Politics) Hedge Funds Philanthropy Presidential Election of 2024 Presidential Transition (US) Trump, Donald J United States Politics and Government

Scott Bessent, Trump’s Pick for Treasury Secretary Doesn’t Fit the President-Elect’s Loyalist Mold

President-elect Donald J. Trump’s pick for Treasury secretary doesn’t fit his loyalist mold.
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Posted by By Jesse McKinley
Wall Street Financiers Queue Up for a Chance at Billions in Saudi Oil Cash
Posted inCorporate Social Responsibility Foreign Investments Hedge Funds Mohammed bin Salman (1985- ) Politics and Government Private Equity Public Investment Fund (Saudi Arabia) Riyadh (Saudi Arabia) Royal Families Sovereign Wealth Funds

Wall Street Financiers Queue Up for a Chance at Billions in Saudi Oil Cash

Are you an international business titan on the hunt for billions of dollars of Saudi oil cash? Prepare for “a mind game.”
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Posted by By Rob Copeland

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