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In the 1970s, soaring inflation — along with misguided efforts by Washington, D.C., to control it — wreaked havoc on the economy. In just under a decade, from 1973 to 1982, the U.S. suffered three severe recessions.

A sturdy U.S. economy and AI-related activity will boost corporate earnings says Barclays.

Citadel Securities’ Scott Rubner sees an “increasingly constructive” setup for April when it comes to stocks.

Apollo’s stock was down as one of its private-credit funds said it was honoring less than half of the redemption requests it received in the latest quarter.

The potential move is a key part of the Tokyo-headquartered group’s intention to increase competition with Wall Street’s top investment banks, according to the FT.

Hospice care has grabbed the attention of the federal government, which is vowing to decertify companies that are overbilling, stealing identities or charging for services never provided.

The uptick in borrowing costs can be traced to higher bond yields since the Iran conflict began in late February, but also to the large financing needs of the AI buildout

Citi sees oil prices reaching as high as $200 in a scenario where disruptions continue through the end of June.

Energy prices are once again moving higher after a big decline on Monday.

A repeat of the 2008 crisis for defaults in private credit only impacts GDP growth by between one-fifth and one-half of a percentage point.

“His revenue sharing, which he did not disclose, creates conflicts of interest as advisers may be incentivized to recommend funds that pay them more.

The couple spent just one month living in their new Texas mansion before packing up and heading to Indianapolis, where the Owens is now set to spend the next season playing for the Colts.