Author: Charlotte

WASHINGTON — A CIA officer arrested after $40 million in gold bars was found at his home served as a liaison to the Pentagon for a sensitive nuclear submarine program, brought on at the request of the No. 2 official at the Defense Department, according to three former U.S. officials with knowledge of his involvement. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Source link

Bridge Investment Group announced Tuesday it raised nearly $1.4 billion for a fund that will acquire logistics properties. The raise exceeded the firm’s $1 billion target. The Salt Lake City-based affiliate of alternative investment manager Apollo (NYSE: APO) said the Bridge Logistics Value Fund II is focused on buying and relocating real estate in supply-constrained U.S. markets and global gateways. “BLV II is designed to capitalize on long-term demand drivers within the industrial sector, including supply chain modernization, e-commerce growth, and increasing tenant preference for modern, well-located distribution facilities,” a news release said. The group will oversee leasing, asset management…

The Pi Founders specifically address these questions, and Pioneers are encouraged to watch the video in full to learn more: Pioneers can read the full transcript of the video here. A Look Into The Next Year Pi’s approach—the focus on utility, mass adoption, verified-identity, and user experience—reflects a distinct model for widespread, mainstream success and differentiates Pi from the broader blockchain industry. In the year to come, Pi will focus on expanding app and utility creation opportunities while strengthening the tools that support innovation across the ecosystem, in addition to speeding up processes that matter to Pioneers such as KYC…

Indonesian President during the ASEAN Summits. Photo:Prabow Subianto / X Amid the legacy of a decade of infrastructure development and the ambition to add value to its productive base, Indonesia is testing a model that blends an active state and a market economy. After joining the BRICS and consolidating itself as Southeast Asia’s greatest power, the country is trying to turn its demographic weight and geopolitical relevance into industrial capacity. The decade from 2014 to 2024, under the presidency of Joko Widodo – or Jokowi – accelerated infrastructure and shortened logistics distances in Indonesia, but left the challenge of turning…

Silver halts its advance and plunges over 2% on Wednesday amid growing speculation that a resumption of hostilities between the US and Iran—which exchanged fire overnight—increases the chances that major central banks will hike rates, a headwind for the non-yielding metal. The XAG/USD trades at $73.46 after peaking at nearly $75.30.XAG/USD Price Forecast: Technical outlookSilver continues to trade sideways within the $73.00-$78.50 range, except for reaching a four-week low of $71.79 on May 29. Price action shows that momentum is bearish, even though XAG/USD has been trading at the top/bottom of the 50-day Simple Moving Average (SMA) at $76.14, which…

The Trump administration’s appetite for direct equity investments in strategic industries may seem distant from the world of government contracting, but it is reshaping how the government thinks about deploying capital and will have an impact on the defense industrial base.Since the start of Trump’s second term, the administration has made 10 direct equity investments in private companies. This is highlighted by a $1 billion investment in the L3Harris Technologies rocket motor business, while others include stakes in Intel and several mineral suppliers.That increase in activity led the advisory firm Clark Street Associates to form a partnership with Finalis, a broker-dealer…

Strategy’s (MSTR) recent bitcoin BTC$66,924.57 sale has had an outsized impact on market sentiment, but Wall Street bank Citi says spot bitcoin exchange-traded fund (ETF) flows are the primary driver of BTC prices.Markets were rattled after Strategy disclosed the sale of a small portion of its bitcoin holdings, marking a rare departure from Executive Chairman Michael Saylor’s long-standing “buy and hold” approach. The largest cryptocurrency has slumped 9% since Sunday and earlier Wednesday dropped to the lowest since March.The sale should not have been a surprise, the bank said. Executive Chairman Michael Saylor mentioned plans to dispose of certain tax-disadvantaged…

These are the best-performing stocks over the last 3 months, 6 months, one year, three years, five years, and 10 years. All stocks on the list must meet the following basic requirements: At least $1 billion market capitalization At least a $5 share price At least 1 million in daily average volume. These criteria are chosen to avoid tiny companies that may have a great run one year but disappear the next. The criteria also tend to filter out pharma and biotech stocks that may jump a huge amount in a single day due to a data release on a…

Altruist, the technology-driven wealth management platform for independent financial advisors, announced a major expansion of its platform with the addition of alternative investments, margin lending, options capabilities, and enhanced money movement features. The new offerings are designed to help advisors provide sophisticated investment strategies and private market access to a broader range of clients through a single digital platform. The company’s newly launched alternatives marketplace includes private equity, real estate, and infrastructure strategies from leading asset managers such as Blackstone, J.P. Morgan Asset Management, KKR, and Pantheon. Advisors can complete subscription documentation, client signatures, reporting, and billing directly within the…

Guest Opinion It’s the end of Q1 for many Native business entities, and economic opportunity is abundant. Native Nations have learned from the past about the long trajectories of economic growth and now understand how to accelerate the deployment of capital and leverage assets toward positive profits and increased value. I am not taking away from the original innovators and their lessons learned, but rather acknowledging and honoring the foundation they built. Today, new markets are emerging across multiple industries. Native Nations are utilizing sovereign strategies, financial leverage, partnerships, and joint ventures. My glass is definitely half full. Banks are…