Illustration by Elias Stein Text size Washington is about to ratchet up the tax burden on companies, but the stock market doesn’t seem concerned. The Inflation Reduction Act, which was approved by Con...
Tag: CG
How Private equity Won Its Battle Over Carried Interest.
The carried-interest loophole will live to fight another day, a sign that Wall Street’s lobbying prowess remains largely intact in Washington. Sen. Kyrsten Sinema (D-Ariz), the last Democratic holdout...
Senate Reconciliation Bill Would Close Carried Interest Loophole. What It Means for Private Equity.
Text size Sen. Joe Manchin wants to eliminate a provision giving favorable tax treatment to the private-equity industry. Alex Wong/Getty Images In a surprise, Senate Democrats reached a deal on a bill...
Blackstone Earnings Are Coming. What to Expect.
Text size Blackstone is expected to produce Q2 results of $1.43 a share in distributable earnings. Angus Mordant/Bloomberg Blackstone will kick off earnings season for alternative asset managers when ...
In a Less-Globalized World, Be Careful Where You Park Your Plane
There may be no better illustration of globalization’s retreat than investors getting burned for owing planes in the wrong place. This week, Moscow claimed that almost 800 commercial aircraft have alr...