Even top earners are falling behind on credit card and car payments

Upper-income Americans are increasingly falling behind on credit card and auto loan payments, signaling an underlying vulnerability in the US economy as the labor market slows. Delinquencies on such debts from those making at least $150,000 annually have jumped almost 20% over the last two years, faster than for middle- and lower-income borrowers, according to […]

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Blackstone’s Wesley LePatner killed in Manhattan shooting

Victor J. Blue/Bloomberg Blackstone Inc. executive Wesley LePatner, who ran the firm’s $53 billion real estate fund for wealthy individuals, was killed Monday in the shootings at the firm’s Manhattan headquarters. “Words cannot express the devastation we feel. Wesley was a beloved member of the Blackstone family and will be sorely missed,” the firm said

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