News

Private credit's cracks open door for Wall Street banks' comeback: 'The tug of war is just starting'

Wall Street banks may finally be getting a long-awaited opening to claw back market share from private credit lenders.

Sen. Warren rips Federal Reserve chair pick Kevin Warsh: 'You have learned nothing from your failures'

Kevin Warsh's nomination as chair of the Federal Reserve has been in limbo because of a criminal investigation of Chair Jerome Powell.

The research firm whose AI paper knocked the whole stock market is out with another big call

Citrini Research said persistently high energy prices risk weighing on consumers and corporate earnings, creating a tough backdrop for equities.

Former SEC chair Jay Clayton says regulators would scrutinize trading ahead of Trump post

"Any move like that in advance of any announcement, the regulators are going to look at," said Clayton, former SEC chair.

World has 'never experienced' soaring refining margins like this, TotalEnergies CEO tells CNBC

TotalEnergies CEO Patrick Pouyanné on the Iran war, the $1 billion deal with the White House, investment in the U.S., and more.

Jamie Dimon says Iran war makes Middle East peace prospects better in the long term

JPMorgan Chase CEO Jamie Dimon issued an optimistic viewpoint on Middle East peace, weeks into the war with Iran.

Moody's cuts rating on private credit fund run by KKR and Future Standard to junk as bad loans grow

The move by Moody's is the latest sign of distress in private credit; retail investors have been rushing to withdraw funds from Blackstone to Apollo.

Apollo gives investors only 45% of requested withdrawals from $15 billion private credit fund

The withdrawals show that Apollo didn't avoid the rush of investor redemptions plaguing rivals, driven by concern over private credit loans to software firms.

Volume in stock and oil futures surged minutes before Trump's market-turning post

The timing of the earlier volume spikes — across both equities and crude — caught the attention of traders.

U.S. executives, from Apple to Eli Lilly, revamp their push into the world's second-largest economy at the China Development Forum

More than 80 global executives traveled to Beijing this weekend for the state-organized China Development Forum.

BlackRock’s Larry Fink warns against market timing, says missing best days can halve returns

BlackRock CEO Larry Fink said staying invested through periods of turmoil has historically delivered far stronger returns.

Fed's Goolsbee says he's worried about inflation in 'fraught but intense' climate

In a CNBC interview, the central banker said policymaking is difficult in the current environment.
1 2 3 4 237