Global flight of the wealthy slows sharply as political and tax worries ease
UK had deep drop in rich people shifting jurisdiction after non-dom abolition played out
National/regional news and analysis
Hedge fund DE Shaw extends investor lock-up for up to four years
The more than $90bn hedge fund tells investors it will take longer to retrieve their money from two flagship funds
Trump Administration Turns to a New Rationale to Justify Old Tariffs
The administration has settled on a more legally and politically durable way to impose tariffs, but some say the focus on forced labor laws is merely a pretext for protectionism.
Trump Administration Fights Court Order to Refund Some Tariffs
The administration has started to repay some of the money, but has signaled it may make it harder for certain businesses to claim the full amount they are owed.
Barclays hopes to boost UK economy with enlightened self-interest
Bank wants the government to make changes that encourage more foreign companies to manage their cash from the UK
Former UBS private credit fund says law firm helped defraud it of $145mn
Fund alleges Pillsbury Winthrop lawyer sent it ‘fake financials’ to secure loans linked to Aspiration Partners
Partners Group limits withdrawals at private equity fund for wealthy individuals
Swiss private capital firm caps redemptions from its $8.6bn flagship vehicle
The graduate job market is grim right now – but the data says university is still worth it
fizkes/ShutterstockSpend ten minutes talking to a soon-to-be graduate about their job search and you might come away convinced that a university degree has become a confidence trick.
Vanguard fund becomes first ETF to top $1tn in assets
Rapid growth shows volume of passive money ready to buy IPOs such as SpaceX and Anthropic
Warsh needs to separate his roles at the Fed
This is how the new chair should approach his first rate-setting meeting
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