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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.

Karp reportedly picked up the lavish Florida dwelling, which is in Miami Beach on a human-made island, in June

Global oil prices edged higher in after-hours trading Monday to recoup portion of the nearly 11% lost during the regular session, as traders geared up for what’s likely to be another day driven by developments in the Iran conflict.

Chip-equipment makers could benefit from Musk’s plan to manufacture his own chips, analysts say — but the venture is still heavy on hype and light on specifics.

Estee Lauder says it could merge with luxury Puig Brands of Spain.

Travelers are struggling to score deals on airfares during an already chaotic travel season, as airlines cut flight routes and raise prices to combat rising jet-fuel prices.

Several states paused gas taxes when oil prices surged in 2022 following Russia’s invasion of Ukraine. This time is different, though.

A BNP Paribas analyst thinks Lumentum’s stock can climb another 40% as it ramps production capacity for ultrahigh-powered lasers and capitalizes on AI-driven demand for its products.

Health and Human Services Secretary Robert F. Kennedy Jr. has described ultraprocessed foods as “poison.”

Your tax situation can change every year, but some things could trigger a red flag in the antiquated computer systems at the IRS.