Cliffwater founders Stephen and Blake Nesbitt built a consulting business that became a giant in private credit. Now, investors are rushing out as their industry connections are under scrutiny. Stephen Nesbitt was not known on Wall Street until he met a salesman pitching private credit to wealthy investors. The encounter sparked an idea for his … Read more
US President Donald Trump announced on Monday that talks between the US and Iran had reached “major points of agreement” as part of a 15-point proposal to end the war in the Middle East. The sudden turnabout comes after warnings from Gulf allies that attacking civilian power sites in Iran could lead to disastrous escalation. … Read more
Australia’s experiment with psychedelic medicine has shown promising results for treating post-traumatic stress disorder (PTSD), but the high cost and limited access are significant concerns. Over the past two years, more than half of patients who received MDMA-assisted therapy along with psychotherapy reported significant relief from PTSD symptoms. No serious adverse events were recorded among … Read more
Sarah Michelle Gellar has expressed her disappointment and frustration over the cancellation of the Buffy reboot pilot, stating that it’s “not fair” to the fans. The actress believes that the show deserved respect and that the decision was made by someone who didn’t appreciate the series. Gellar spoke out on SiriusXM’s Page Six Radio, saying … Read more
Your individual retirement account (IRA) gives you the freedom to choose investments that you don’t find in a 401(k). But to make the most of this freedom, it’s essential to consider not just what investments to choose, but also how much you’re paying for those securities. One way to minimize fees is by using exchange-traded … Read more
The US Securities and Exchange Commission (SEC) has identified 18 crypto assets, including bitcoin and ether, as “digital commodities” in a move that could reshape the markets. This new classification broadens the definition of digital commodities beyond a fixed list, emphasizing shared characteristics tied to functional blockchain systems. The SEC states that these assets are … Read more