Author: Charlotte

Deel, the global people platform trusted by 40,000+ businesses to hire, manage, and pay teams across 150+ countries, today launched stablecoin salary payouts powered by BVNK, and announced the formation of a dedicated crypto division, headed by Thierry Edde as Head of Crypto at Deel. The new division signals Deel’s strategic commitment to building the financial infrastructure that allows any business to pay any worker, in any currency, on any payment rail, anywhere in the world. Stablecoin salary payouts is its first major launch under dedicated leadership. Global payroll is at an inflection point. Treasury teams are increasingly settling in…

After years of growth, private markets are on the verge of transforming, as investors demand greater transparency into investments once accepted as opaque by nature, according to a new report from MSCI. The market data and index provider’s inaugural report, The State of Private Markets 2026, outlines several key trends in the market, including stresses building in private credit from higher interest rates; private credit’s role in the AI buildout; increasingly long exit timelines for private equity; and the rise of evergreen funds. But a major theme across the report, which is based on U.S. and global data, is how…

Platform Housing Group has reported its highest number of completions in over five years, as well as record low customer arrears. For the year ending 31 March 2026, the housing association report 1,380 affordable homes completions, 33% up on the previous year, as it continues to invest in new housing delivery across the Midlands. The new homes included properties for social rent, affordable rent, rent to buy and shared ownership, with all homes delivered as affordable tenures. More than 40% of the new homes were built with solar PV panels and around a third had an EPC A rating.  Platform also started…

Bitcoin (BTC +0.20%), the world’s most valuable cryptocurrency, reached its record high of about $126,000 last October. But as of this writing, it trades at around $77,000. That pullback can be attributed to macro headwinds, high Treasury yields that drove investors away from cryptocurrencies and other speculative investments, and the Fed’s reluctance to cut rates. Profit takers at the top also exacerbated that selling pressure by triggering leveraged liquidations. However, Bitcoin has still risen roughly 17,210% over the past ten years. It went through some wild year-to-year swings, but investors who were shaken out by those previous pullbacks left a…

(Kitco NewsWire) – Spot gold and silver prices are weaker in early U.S. trading Friday, as a firmer U.S. dollar and elevated oil prices offset safe-haven demand tied to the Strait of Hormuz and U.S.-Iran talks. At the time of writing, spot gold was trading near $4,522.00 an ounce, down 0.44%, while spot silver was trading at $75.800, down around 1.00% on the session.The Strait of Hormuz remains the main energy-market transmission channel from the U.S.-Iran conflict into metals. Friday’s market impact is inflation-led rather than purely haven-led: Brent was near $104.44 a barrel and WTI near $97.44 as talks…

May 22 (Reuters) – U.S. equity funds recorded a second weekly outflow in nine weeks in the week to ​May 20 as investors locked in ‌profits from a recent rally on caution over rising inflation and a surge in long-term borrowing costs.According to LSEG Lipper data, investors divested a ‌net $12.05 ​billion of U.S. equity ⁠funds in their ⁠largest weekly net sales since $24.52 billion of weekly outflows in mid-March.The 30-year U.S. Treasury yield climbed to 5.201% on Wednesday, ​the level last seen in 2007, fanning worries over their potential impact on ⁠the growth sectors ⁠and corporate margins.By segment, investors…

Bitcoin (BTC-USD) opened at $77,546.53 on Friday, up 0.1% from Thursday’s opening price. The value of bitcoin fell to $77,288.79 by 7:55 a.m ET. Ethereum (ETH-USD) opened at $2,131.71 on Friday, up 0.2% from Thursday’s opening price. The value of ethereum was down to $2,126.43 as of 7:55 a.m. ET. The prices for both bitcoin and ethereum were lower this week compared to last, but held in a tight range since Monday. Comparing the opening prices from Monday to today, bitcoin prices moved within a $132 range, while ethereum prices only shifted in a range of less than $2. Top…

The State of Wisconsin Investment Board in Madison announced this week that Sara Chandler, SWIB’s current chief of Staff and Strategy, has also been named as head of Private Markets and Funds Alpha. Chandler was named interim head of the role following the retirement of Anne Marie Fink last month. SWIB, reported $178 billion in […] Source link

By Devara Berger, Special for CalMatters The CalPERS regional offices in Sacramento on March 15, 2022. Photo by Miguel Gutierrez Jr., CalMatters This commentary was originally published by CalMatters. Sign up for their newsletters. Guest Commentary written by Public employees’ retirement security depends on the integrity of the California Public Employees’ Retirement System (CalPERS). However, its CEO, Marcie Frost, is steering the fund into a high-stakes gamble on private equity and private credit, pushing exposure toward 17%. While Frost frames this as a turnaround, a closer look reveals a pattern of misrepresentation and hidden fees designed to enrich Wall Street at the expense of…

Quantitative trading firm Hudson River Trading (HRT) has selected AI cloud Lambda to provide AI compute for its model training and trading simulation workloads.Under the agreement, Lambda will provide HRT with access to Nvidia HGX B200 systems, along with advanced networking, storage, and orchestration.HRT turned to Lambda after its own compute needs began growing, and the trading firm needed rapid access to compute with high uptime.“Lambda stood out for its technical depth and operational clarity,” said Gerard Bernabeu Altayo, compute systems lead at HRT. “We’re confident we’ve found the right partner to help power our workloads.”“HRT is exactly the kind…