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Stocks post back-to-back gains as traders remain optimistic for U.S.-Iran deal: Live updates CNBCWall Street rallies to the edge of its all-time high as oil prices ease Los Angeles TimesStock market today: S&P 500, Nasdaq rally toward record highs, oil tumbles as Iran deal optimism grows Yahoo FinanceWall Street rallies on renewed hopes for US-Iran talks, earnings boost Reuters
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JPMorgan CEO Jamie Dimon called the economy resilient, but pointed to an "increasingly complex set of risks" across global markets.
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Adams Street Partners has picked up $7.5bn including leverage for its third private credit fund, citing strong demand from both existing and new institutional backers.
The post Adams Street seals $7.5bn of new private credit firepower through new fund close appeared first on AltAssets Private Equity News.
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US wholesale prices surged 4% last month after the war in Iran sent energy prices soaring AP NewsWholesale prices rose 0.5% in March, much less than expected despite war impact CNBCWholesale inflation rose in March to three year-high CNNProducer-Price Index Climbed in March WSJ
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Reps. Eric Swalwell and Tony Gonzales formally submit resignations from Congress AxiosSwalwell, Gonzales announce resignations in wake of allegations, shaking up Congress Fox NewsAbrupt Departures Could Set Off Scramble for House Seats in California and Texas The New York TimesEric Swalwell and Tony Gonzales
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Kevin M. Warsh vowed to divest a substantial amount of his more than $100 million in assets as he faces a complicated path to becoming the next chair of the Federal Reserve.
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Oil Prices Slip and Stocks Gain as Investors Eye Possible Path to Peace The New York TimesStock futures tick higher after S&P 500 erases Iran war losses: Live updates CNBCOil prices fall as supply concerns ease on hopes for US-Iran talks ReutersStock Market News, April 13, 2026: Nasdaq, S&P 500 and Dow Push Higher; Oil Pares Its Rise WSJ
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Albertsons's stock was falling Tuesday after a sales miss and an announcement that the grocery-store chain has reached a $774 million settlement to resolve opioid-related claims.
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Six ships turned around as part of Strait of Hormuz blockade, US military says ReutersHow geography powers Iran's grip on the Strait of Hormuz, despite U.S. blockade The Washington PostStephanie Ruhle says Trump's blockade gamble could backfire: ‘It hurts everybody.' MS NOWTrump's decision to blockade Iran ups the ante on prices PoliticoLive updates: Trump warns Iran as US military blockade on Iranian ports takes effect CNN
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Donald Trump says Iran is keen to strike a deal as US blockade of Strait of Hormuz continues
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 Severance pay is a benefit many employers offer when involuntarily terminating an employee to assist with their transition out of the organization.
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Most people view debt as something to be avoided at all costs. But that's because most people don't use debt properly. A prime example of improper debt use is the credit card. People charge too much, fail to pay the card in full at the end of the month, then find themselves unable to pay down the debt without also paying exceedingly high interest, often for years.
However, some kinds of debt, such as a securities-backed line of credit, or SBLOC, can be helpful. They can even save or earn you money. SBLOCs are rolling lines of credit based on the value of assets in your accounts. They're excellent ways to use debt to your advantage.
How Securities-Backed Lending Works
Borrowing money by collateralizing securities held in after-tax investment accounts is called securities-backed lending. The interest rate will often be lower than other types of loans, and you'll generally get access to funds in just a few days.
SEE MORE 3 Dated Rules of Thumb Retirees Should Think Twice About
However, as with almost anything, there are caveats to taking out an SBLOC. While you can keep buying and selling securities in the collateralized account, you can't use the loaned money for other securities-based dealings, such as trading or buying. And setting up an SBLOC will make it more challenging to move those collateralized assets to a different firm.
As an example of how SBLOCs can benefit you, suppose you need $75,000 for a one-time purchase of a car or a once-in-a-lifetime vacation. A typical way to acquire it would be to sell assets in a retirement account. That presents a number of drawbacks:
First, your income for that year would increase by $75,000 and could put you in a
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