Musk plans major Republican midterm spending push: report
Elon Musk, the world’s richest person, is preparing a major spending push to help Republicans retain control of Congress in November’s midterm elections, Axios reported Thursday. The reported splurge will revive the political operation that made Musk the biggest financial backer of Donald Trump’s stunning return to power in the 2024 presidential election. The tech […]
Apollo and KKR Face Regulatory Scrutiny Over Interconnected Investment Structures
U.S. financial regulators are increasing scrutiny of investment structures used by major private equity firms, including Apollo Global Management and KKR, warning that increasingly interconnected financing arrangements could create hidden risks for investors and the broader financial system. Officials are particularly concerned about what they describe as “circular” investment structures, in which capital flows repeatedly […]
