Investors poured billions into private credit. Now many want their money back
Recent redemptions in private credit expose the tensions between high returns and retail liquidity. ...
Economy
The U.S. insists the Iran conflict won’t be a ‘forever war.’ Experts beg to differ
President Trump and his officials say the war won't be protracted. Experts say it could go on longer than the…
Blackstone’s Gray: Market ‘noise’ fueled record redemptions from world’s largest private credit fund
Blackstone president Jon Gray defended the quality of loans within the firm's flagship private credit fund. ...
Trump administration offers shifting narrative for U.S. war in Iran as Democrats pounce
Trump said when the invasion began his objective was to "defend the American people by eliminating imminent threats from the…
Epstein files: Howard Lutnick volunteers to testify to House Oversight committee
Commerce Secretary Lutnick "has proactively agreed to appear voluntarily" before the House Oversight Committee, said Chairman James Comer, R-Ky. ...
U.S. crude oil jumps more than 7% on fears of Iran supply disruption
It is unclear who will ultimately govern Iran, the fourth-largest oil producer in OPEC, after U.S.-Israel strikes killed Ayatollah Ali…
Khamenei’s death raises questions about Trump’s China trip
U.S. President Donald Trump has been scheduled to visit China at the end of March, following tense trade relations with…
The Strait of Hormuz crisis explained: What it means for global shipping
The Middle East conflict has stoked fears of prolonged disruption to global trade via key maritime corridors. ...
‘Bigger ramifications than Venezuela’: Markets brace for impact after U.S. strikes Iran
Investors are bracing for impact after the U.S.'s attacks on Iran, a move they see as carrying far larger market…