Investment giant Oaktree Capital has struck a $250 million deal with Coign, a conservative-focused credit card company, marking one of the largest institutional investments in the so-called parallel economy, NYNext has learned. The parallel economy has gained traction in recent years as conservatives seek products aligned with their values. While companies like Coign have built a foothold, they’ve largely lacked recognition from major financial institutions. Oaktree Capital, founded by billionaire Howard Marks, signals that this movement is increasingly attracting even typically apolitical investors. In a statement to investors reviewed by NYNext, Coign announced, “The $250 million partnership with Oaktree provides…

Trump wants probe into Beyoncé, other celeb endorsements of HarrisPresident Trump alleged without evidence that Beyonce, Bruce Springsteen, Oprah Winfrey and others were paid to publicly support Kamala Harris.Former President Trump is calling for an investigation into celebrity endorsements of Kamala Harris during the 2024 presidential election.Trump claims, without evidence,…

Acting New Jersey US Attorney Alina Habba is defending filing felony charges against lefty New Jersey Rep. LaMonica McIver for the fracas at a Newark ICE detention center — telling The Post that McIver’s alleged assault of federal agents was beyond the pale. “This has nothing to do with congressional…

President Donald Trump has called for a “major investigation” into several celebrity endorsements former Vice President Kamala Harris received during the 2024 presidential campaign, suggesting without evidence that some of the celebrities were illegally paid for their endorsements.Some of the celebrities have publicly denied denying being paid any fee at…

The U.S. stock market continues to show strength despite recent concerns over the nation’s credit downgrade and fiscal outlook. Over the past few days, major indexes finished higher, driven by optimism surrounding the U.S.-China trade talks. A temporary 90-day pause in tariffs, along with the agreement to lower mutual tariffs…

Much has been made lately about Bill Belichick’s relationship with his girlfriend Jordon Hudson.As a result, it’s not a surprise that a nugget buried in a fresh New York Times piece on the 24-year-old Hudson is gaining steam Tuesday. According to Times reporter Katherine Rosman, Belichick and Hudson might actually…

Elon Musk is reaffirming his commitment to leading Tesla, telling investors and critics alike that he has no plans to step away from the electric vehicle maker anytime soon — despite a rocky stretch for the company of late. Speaking remotely at Bloomberg’s Qatar Economic Forum on Tuesday, Musk said…

Yahoo is using AI to generate takeaways from this article. This means the info may not always match what’s in the article. Reporting mistakes helps us improve the experience.Generate Key TakeawaysOver the past six months, Taylor Sheridan’s hit Western dramas Yellowstone and its prequel series 1923 ended, much to fans’…

Hundreds of nursing home workers strike in Detroit area Hundreds of nursing home workers strike in Detroit area 02:12 Workers at five Ciena Healthcare nursing home facilities in Metro Detroit are taking part in a one-day strike Tuesday. The strike began at 6 a.m. and includes over 300 nursing home workers…

Alphabet’s Google said Tuesday it would put artificial intelligence into the hands of more Web surfers while teasing a $249.99-a-month subscription for its AI power users, its latest effort to fend off growing competition from startups like OpenAI. Google unveiled the plans at its annual I/O conference in Mountain View, Calif., which has…

Former Sporting Kansas City midfielder Gadi Kinda died, his club Maccabi Haifa FC announced on Tuesday. He was 31. Kinda was hospitalized while “going through a complex medical battle in recent weeks,” Maccabi Haifa announced two weeks ago. The Israeli international last played in a match for Maccabi Haifa on…

Pollsters seemed to finally get it right in 2024. After years of bad misses, they said the presidential election would be close, and it was.In fact, the industry did not solve its problems last year. In 2016, pollsters famously underestimated Donald Trump by about 3.2 points on average. In 2024,…

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