Author: Smart Wealthhabits

BlackRock is urging investors to look beyond headline returns and pay attention to how hedge funds are generating profits, according to a report released late last week. The basic message is simple: In a market being reshaped by artificial intelligence, geopolitics and rapidly expanding capital flows, diversification across many hedge fund strategies makes more sense than ever.that’s because Strong performance in itself may hide a growing problem.If funds of different labels are relying on the same trades, similar sources of leverage, or overlapping exposures, the portfolio may be less diverse than it appears. In that setting, a market shock could…

Gemini/GoogleKia America Inc. is recalling more than 141,000 vehicles, according to a recent notice posted on the National Highway Traffic Safety Administration’s website. According to the notice, the recall of Kia vehicles, which covers approximately 141,032 vehicles, is due to a defect in the car’s fuel pipe. NHTSA says fuel may be leaking at the connection between the fuel pipe and fuel rail…

Maca and Naka/Getty Images Commitment to our readers The GOBankingRates editorial team is committed to providing you with unbiased reviews and information. We use data-driven methods to evaluate financial products and services – our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our review methodology for products and services. 20 yearshelp you get rich trusted by millions of readers Have you ever wondered how rich people are able to maintain their lavish lifestyles without emptying their bank accounts? As it turns out, they’re exceptionally good at saving. In fact, many of…

Senator Elizabeth Warren speaks at a No King’s Day event in the Boston Common on March 28, 2026. Finn Gomez | Boston Globe | getty imagesKevin Wersh’s newly released financial disclosures shed light on the Federal Reserve chair candidate’s vast wealth, but also raise questions about parts of his holdings that are not fully disclosed in the paperwork. That could be a challenge for Warsh as he seeks to overcome the legacy of ethics scandals under current Chairman Jerome Powell.Warsh told the Senate on Tuesday that he has assets worth about $ 135 million to $ 226 million. This is…

Members of the US Immigration and Customs Enforcement (ICE) stand at the scene after a motorist was shot in Minneapolis, Minnesota, US, on January 7, 2026. Tim Evans | reutersAn Immigration and Customs Enforcement agent has been charged with two counts of assault related to a road rage incident by state prosecutors in Minnesota, who have issued a nationwide warrant for his arrest.The ICE agent, Gregory Donnell Morgan Jr., is accused of pointing his duty gun at the heads of two people in another car on Feb. 5 as they tried to pass them while driving illegally in his unmarked…

© Lalaka / Shutterstock.com monroe capital corp. (NASDAQ:MRCC) spent most of 2025 paying a dividend it couldn’t actually earn. The result was inevitable: a 64% dividend cut was announced for early 2026, reducing the quarterly payout from $0.25 to $0.09 per share. For income investors who still hold shares, the question now is whether the lower payout is even safe, and what happens next given the pending merger. What is MRCC and how does it pay dividends MRCC is a business development company (BDC), not an ETF. BDCs lend money to middle-market companies and are required to distribute at least…

President Donald Trump said Thursday that the leaders of Israel and Lebanon agreed to a 10-day ceasefire after officials from the two countries met in Washington.Trump said in a statement that the temporary ceasefire would begin at 5 p.m. ET. satya social post.one in follow upTrump said he would invite Israeli Prime Minister Benjamin Netanyahu and Lebanese President Joseph Aoun to the White House “for the first meaningful talks between Israel and Lebanon since 1983, a long time ago.”“Both sides want to see peace, and I believe it will happen soon!” Trump wrote.The development adds to growing hopes of an…

U.S. Vice President J.D. Vance speaks during a Turning Point USA event at Akins Ford Arena at the Classic Center on April 14, 2026 in Athens, Georgia. Chip Somodevilla | getty imagesPresident Donald Trump this month sent Vice President J.D. Vance to Hungary to promote its prime minister and then to Pakistan for peace talks with Iran in hopes of ending the war started by the US and Israel.Both trips ended with highly visible failures and some awkward moments, raising questions about whether Vance’s political star is still shining or whether he is being burdened with some of the heaviest…

Ali Sediq ’28 and Manuel Fernandez ’28 is running for co-president of the Harvard Undergraduate Association on a promise to make the body more accessible and more independent from Harvard’s administration.Sedike, an Afghan-American from Toledo, Ohio, and Fernandez, a first-generation low-income student from Tabasco, Mexico, said their backgrounds are the foundation of their campaign. None of them have worked at HUA before – a fact they see as an advantage.”We have a lot of opposing views and we don’t agree on a lot of things in life and general philosophy,” Sedike said. “But the fact that we can come together…

Demolition of the East Wing of the White House during construction of US President Donald Trump’s proposed ballroom is seen from the reopened Washington Monument, following the longest government shutdown, in Washington, DC, US, November 15, 2025. Jessica Koscielniak | reutersA federal judge on Thursday blocked the Trump administration from carrying out above-ground construction work on the controversial proposed White House ballroom in an amended order.But Judge Richard Lyons’ order allows the administration to continue construction underground, including work related to national security facilities. Lyon is also allowing above-ground construction “that is strictly necessary to cover, secure, and protect such…