U.S. equity markets posted mixed performance after an unusually divided Federal Reserve delivered a third-straight rate cut, but signaled a likely "pause" in the easing cycle. Perhaps the last rate cut under the "Powell Fed," the FOMC voted 9-3 to lower the federal funds rate to 3.75%, with two votes to keep rates unchanged. Markets saw hawkish undertones in the updated Economic Projections and...
LAWRENCEVILLE, Ga., Dec. 11, 2025 (GLOBE NEWSWIRE) -- Lendmark Financial Services (Lendmark) , a leading provider of personalized loan solutions, continues its expansion in Tennessee and Virginia, opening branches in Crossville, Tenn., and Blackstone, Va. The lender will also offer its other financing solutions in those regions, providing loans for customers of small, independent automobile dea...
Private markets are all in on digital infrastructure, and they don't see any short-term concerns. At the Goldman Sachs Financial Services Conference, they explained why they're bullish on the sector.
NEW YORK--(BUSINESS WIRE)--Today, Blackstone Credit & Insurance ("BXCI") announced a forward flow origination partnership with Harvest Commercial Capital, LLC (“Harvest”), a leader in small business lending, to acquire business loans secured by first lien mortgages on owner-occupied commercial real estate. Under the terms of the partnership, BXCI has purchased an initial portfolio of loans and ...
Blackstone , the world's largest alternative asset manager, still sees good opportunities to invest in data centers despite a rush of investment into the hardware supporting the development of artificial intelligence, its president said on Wednesday.
NEW YORK--(BUSINESS WIRE)--MacLean Power Systems (“MPS”) and Power Grid Components (“PGC”), two leading manufacturers of engineered components and solutions for electrical transmission, distribution, substation and communication infrastructure, announced today the signing of definitive agreements to merge and recapitalize MPS. Pursuant to the transaction, PGC's existing financial sponsor, funds...
MIAMI and BOCA RATON, Fla., Dec. 09, 2025 (GLOBE NEWSWIRE) -- BH GSC Boca LLC, a partnership formed with BH Group and an experienced assisted-living operator, has acquired The Atrium Boca, a licensed assisted-living facility located at 1080 NW 15th St, Boca Raton, Florida.
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