News

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.

SEC Commissioner Hester Peirce on ETFs: 'We want to work with people on new products'

SEC Commissioner Hester Peirce indicates an openness to work with Wall Street on fresh exchange-traded fund products tied to cryptocurrencies and tokenization.

Small cap-focused Russell 2000 becomes the first of major U.S. benchmarks to enter correction territory

Small caps are especially sensitive to changes in oil prices and a slowdown in the economic cycle.

Fed Governor Waller urges caution for now, says rate cuts possible later in the year

Waller said in a CNBC interview that recent developments require a more conservative approach.

Copper joins gold in broad commodities sell-off. There's a worrying reason behind it

After major rallies, metals were under pressure on Thursday as rising oil prices increased both inflation and growth worries.

OpenClaw demand in China is driving up the price of used MacBooks

People in China are rushing to buy preowned computers to try OpenClaw with demand for MacBooks particularly high, according to one reseller.

Here are the five key takeaways from this week's Fed meeting

While no one expected the Fed to cut — much less hike — at this meeting, the market always looks for clues about what's next.
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