President Donald Trump wants to end the carried interest loophole. Here's how the tax break benefits Wall Street investment ...

For years, critics have called for the abolition of the carried interest tax break, which reduces the taxes that venture capital and other investment managers pay on their cut of returns.

Pre-tax net investment income of $714 million grew 9.3% year over year and beat the consensus mark by 5.5%. Net investment income witnessed year-over-year growth in both the Property and Casualty ...

Cincinnati Financial said that the $778 million decrease in fourth-quarter net income was driven by a $916 million decline in ...

RYE, N.Y., Feb. 13, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Convertible and Income Securities Fund Inc. (NYSE:GCV) (the “Fund”) declared a $0.12 per share cash distribution ...

Unum Group on Tuesday reported net income of $348.7 million ($1.92 per diluted common share) for the fourth quarter of 2024, compared to net income of $330.6 million ($1.69 per diluted common share) ...

Net investment income jumped 3.6% year over year to $71. ... which increased 44.8% year over year. Adjusted pre-tax operating loss was $6.3 million, slightly wider than the prior-year quarter ...