The $265 billion private credit meltdown: How Wall Street’s hottest craze turned into a panic
It was a glorious time to make money. From early summer 2023 to the close of January 2025,…
US stocks slip as AI fears keep rumbling and oil prices climb
NEW YORK (AP) — U.S. stocks fell Thursday, while oil prices rose with worries about a potential conflict…
Apollo, xAI near $3.4 billion deal to fund AI chips, The Information reports
Feb 9 (Reuters) – Apollo Global Management is close to finalizing a roughly $3.4 billion loan to an…
Italy’s Bending Spoons to acquire AOL, secures $2.8 billion in debt financing
By Elvira Pollina MILAN (Reuters) -Italian tech company Bending Spoons said on Wednesday it will acquire AOL from…
The economy is just getting stronger, not weaker, and ‘we in the economics profession need to look ourselves in the mirror,’ top analyst says
One of Wall Street’s most closely watched voices delivered a blunt message to peers and policymakers: The U.S.…
Top economist Torsten Slok warns of an ‘inflation mountain’ in a potential repeat of the ’70s
Torsten Slok has been turning heads on Wall Street with his charts for years, since he was at…