Author: Jordan

Wasabi Technologies Inc. today said it has secured a $250 million credit facility, choosing to forego equity financing for the flexibility of debt. The decision highlights an issue that often faces growth-stage companies: how to fund expansion without overburdening the business or diluting ownership. It’s not that the cloud storage provider is hurting for cash. The 10-year-old firm has raised over $600 million in total funding on a valuation of $1.8 billion. That includes a $70 million equity round this past January. The Boston-based company is now shifting more of its financing mix toward credit as its capital needs evolve, according…

Cash App, the banking and payments app run by Block, has added support for parent-managed kids accounts. The new accounts include key benefits from the service’s normal account, with an eye towards teaching financial literacy to younger users ages 6 to 12. Cash App first allowed teenage users on its platform in 2021.As part of the “expanded Cash App Families experience,” eligible legal guardians and parents can create managed accounts that offer “a dedicated place on the platform to send allowances, set aside savings, and track spending for their child, kickstarting their path to financial independence,” Cash App says. Adults…

Alternative asset managers are entering a pivotal period as they prepare to address investor concerns around two converging themes: the potential impact of artificial intelligence on portfolio company performance and a cooling in retail-driven demand for private credit strategies. For RIAs and wealth advisors, these developments carry meaningful implications for client portfolios, asset allocation decisions, and the long-term positioning of private markets exposure.Over recent months, publicly traded alternative managers have experienced sustained pressure on their valuations. This reflects a broader shift in sentiment, as investors reassess growth expectations in light of structural changes rather than cyclical headwinds. At the center…

Ceta has launched four rent guarantee solutions for intermediaries to assist landlord clients through the upcoming Renters’ Rights Act. Ceta said the law had “significantly increased income risk for landlords” and the impact was already being felt.  The Renters’ Rights Act comes into force on 1 May and will remove landlords’ ability to enforce no-fault eviction Section 21 notices, and they will only be able to evict tenants on Section 8 grounds if they are three months behind on rent.  The insurance broker said the average time to possession had already increased to 27 weeks and landlords were experiencing…

Mücahithan Avcıoğlu22 April 2026•Update: 22 April 2026US stocks closed lower Tuesday as investor concerns mounted over the lack of an agreement between Washington and Tehran.The Dow fell 0.59%, or 292.96 points to end the day at 49,149.60.The S&P 500 declined 0.63%, or 45.13 points, to 7,064.01, while the Nasdaq composite lost 0.59%, or 144.43 points, to 24,259.96.The Volatility Index (VIX), often referred to as the market’s “fear index,” rose 3.07% to 19.50.Market sentiment weakened after reports said plans for US Vice President JD Vance’s trip for negotiations with Iran were on ice amid what officials described as a lack of…

TREASURIES-US bonds slump on strong data, uncertain talks with Iran marketscreener.com Source link

We want you to have the best information available when you price cards on the TCGplayer Marketplace. So to help you get the most from your inventory, we’ve put together a downloadable CSV report of Magic: The Gathering cards that have dramatically increased in Market Price in the past 30 days.(Note: This report only considers Near Mint copies of cards with at least ten sales between March 21 and April 19, 2026.)

Spot platinum falls over 3% to $2,015.00/oz marketscreener.com Source link

NEW YORK, April 21, 2026, 12:42 EDT Citi Wealth plans to join forces with wealth-tech company Advyzon, aiming to roll out a global unified managed account platform. The move is set to streamline client investments—combining ETFs, mutual funds, separately managed accounts, and alternatives under a single structure. Target launch for the first phase: fourth quarter 2026, covering Citi Private Bank, Wealth at Work, Citigold, and Citi Private Client segments. This push is significant for Citi, which continues efforts to streamline its wealth business and boost steady investment revenue. A unified managed account—known as a UMA—essentially brings multiple strategies together under…

Skipton Building Society has announced a series of rate cuts and product launches across its residential mortgage range. The changes, available from tomorrow, include rate reductions across two fixed residential products, alongside the launch of new two and five-year fixes and new two-year fixed buy-to-let products. Overall, residential rates have fallen by an average of 0.07%, with the largest cut being 0.27%. For existing customers only, the new residential products have fee options of £1,495, £995 or £0, with the new two-year buy-to-let range featuring fees of £995 or £0. Jen Lloyd, head of mortgage products and propositions…