Blue Owl hit by billions in redemptions — again

Investors asked for slightly less of their money back than last quarter but remain shaky on private credit.
A logo for Blue Owl Capital is displayed on a midtown Manhattan office building.
Brendan McDermid/Reuters

OpenAI considers giving US government 5% stake

The move comes as the question of how to redistribute AI windfalls is being debated on either side of the political aisle.
OpenAI CEO Sam Altman.
OpenAI CEO Sam Altman. Kim Kyung-Hoon/File Photo/Reuters

Israel emerges as new Democratic litmus test

Democratic incumbents trying to run on holding Trump accountable are losing to progressive challengers willing to criticize Israel support.
A protester waves a Palestinian flag outside AIPAC offices in Washington.
Daniel Becerril/Reuters

Gulf sovereign funds on track for record year

Sovereign wealth funds from the region invested $53.9 billion across 108 transactions in the first half of 2026, an all time high.
A view of the Abu Dhabi skyline.
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Politics

Republicans plot to counter Democrat probes

The GOP could rely on the threat of parallel probes by the Trump administration to power the House minority’s congressional investigations.
James Comer
Aaron Schwartz/Reuters

Trump Accounts to launch without rollovers

Experts estimate that more than half of the children eligible to receive $1,000 in seed money for Trump Accounts still have not enrolled.
Treasury Secretary Scott Bessent
Jonathan Ernst/Reuters

Israel emerges as new Democratic litmus test

Democratic incumbents trying to run on holding Trump accountable are losing to progressive challengers willing to criticize Israel support.
A protester waves a Palestinian flag outside AIPAC offices in Washington.
Daniel Becerril/Reuters

Trump’s financial disclosure complicates crypto bill talks

News that the president made more than $1 billion from cryptocurrency while in office has emboldened Senate Democrats.

Warsh keeps his interest rate cards close

He told attendees of the European Central Bank Forum on Wednesday that attempts to get him to “break this rule” were “going to fail.”

Lawmakers want rideshare liability shield dropped

A bipartisan group objected to an amendment sponsored by Rep. Vince Fong, R-Calif., that would limit rideshare companies’ vicarious liability,

The decline of the impeachment voter, and other midterm lessons so far

The first half of the 2026 primary season has seen progressives — and Trump — win big.

El-Sayed unloads on media, Democratic criticism

The Michigan Senate candidate rising in the polls talks to Semafor.

Progressives grapple with old tweets

A candidate in Michigan is explaining why he deleted past posts expressing support for ‘defund the police.’

US expected not to extend USMCA agreement

Mexico City and Ottawa have tried repeatedly to reach an agreement with Washington to prolong the deal, under which $2 trillion is traded annually.

US students face new loan rules

The overhaul, which originated from Republicans’ tax law, will affect millions of borrowers.
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