Finance
Consumer Debt Attracts $150 Billion Private Credit Influx
Private credit firms have significantly increased their consumer debt holdings by $150 billion since 2019, reaching $350 billion, as they pursue high-yield...
The Editorial Team 760 articles
Investing
Wall Street Sets Record, Global Equities Gain on Iran Ceasefire Optimism
World shares mostly advanced, with Wall Street reaching a new record, as investors eyed potential ceasefire extensions in the Iran war and...
Stocks
Fervo Energy Files for IPO Amid Wider Losses, Utah Project Nears Power Generation
Geothermal developer Fervo Energy Co. has filed for an initial public offering, reporting increased losses as its first Utah project prepares to...
Finance
Warren Challenges Fed Nominee Warsh on $100M Holdings
Fed nominee Kevin Warsh faces tough questions from Sen. Warren over his $100M+ financial holdings and confidentiality agreements, adding to his turbulent...
Finance
Traders Abandon Havens, Dial Up Risk on Mideast Truce Hopes
Credit investors are loading up on riskier debt, betting on an extended US-Iran truce and strong corporate performance, moving away from safe...
World Business
Importers Brace for Tariff Refund Portal Launch, $127B in Claims Expected
Importers are preparing for the April 20 launch of a new federal portal to claim $127 billion in tariff refunds, though many...
World Business
Global Economy Faces Stagflation Threat as War’s Impact Emerges
New business surveys will reveal the full economic toll of seven weeks of Middle East conflict, raising fears of stagflation as growth...
Investing
Bessent’s Global Economic Engagement Questioned Amidst Priorities
US Treasury Secretary Scott Bessent's pledge of international engagement is being met with skepticism by global finance officials, who cite his limited...
Investing
France Pushes Euro Stablecoins to Counter Dollar Dominance
French Finance Minister Roland Lescure urges European banks to develop more euro-based stablecoins and tokenized deposits, citing unsatisfactory volumes compared to dollar-pegged...