New Private Credit Funds Want Your Money. Here’s Why You Should Be Cautious
The asset-management industry is tripping over itself to offer private credit funds to regular investors and advisors, and ...
Canada PM Carney, Trump Agree to Talks on New Economic, Security Pact After April 28 Election — Update
OTTAWA--Canadian Prime Minister Mark Carney said he and President Trump agreed that negotiations on a new economic and security partnership between the two countries should begin immediately after ...
Consumer spending lit a fire under the U.S. economy. Now it's flickering as inflation reignites.
Recent surveys of consumers and business leaders show a big loss of confidence since the election. Americans expect higher inflation due to the tariffs, and businesses are more hesitant to hire and ...
Wolfspeed in 'Constructive Dialogue' with Trump Administration to Secure Federal Funding
Wolfspeed is discussing with the White House ways the company can support the Trump administration's efforts to reinforce U.S. industrial leadership in semiconductors, secure domestic supply chains, ...
The Week in Oil: Supply Tightness Fears Drive Crude Higher
Meanwhile, the Energy Information Administration's latest inventory data signaled strong demand growth in the world's top consumer, with crude oil stockpiles falling by 3.3 million barrels e gasoline ...
February PCE Report: Core PCE Inflation Index Up 2.8%, Above Expectations
The PCE Price Index year over year rose 2.5% in February, in line with forecasts and following an increase of the same amount ...
Novartis Gets FDA Approval for Use of Pluvicto Against Prostate Cancer
Novartis said the U.S. Food and Drug Administration has approved the use of Pluvicto against a certain type of prostate cancer. The drug maker said Friday that the FDA green-lit the use of Pluvicto to ...
Nordic Shares Decrease; Alvotech Falls Furthest
Stocks in the Nordic region dropped Friday, with the OMX Nordic 40 Index declining 1.0%. Alvotech posted the largest decline among large stocks during the session, plunging 11.4%, followed by ...
CoreWeave's stock gets jeered in its Wall Street debut
Shares of CoreWeave Inc. were effectively heckled in their Wall Street debut Friday, as a weak pricing of the AI cloud services company's initial public offering and a broad-market selloff combined to ...
News Highlights: Top Global Markets News of the Day - Friday at 1 PM ET
Canada's economy showed signs of stalling after notching the strongest growth in months at the start of the year, a possible early sign that an erosion in household and business confidence thanks to ...
Amazon on Pace for Largest Percent Decrease Since December 2024 — Data Talk
Amazon.com, Inc. (AMZN) is currently at $193.10, down $8.26 or 4.1% --Would be lowest close since March 18, 2025, when it closed at $192.82 --On pace for largest percent decrease since Dec. 18, 2024, ...
Nymex Overview: Crude Oil, Refined Product Futures Trading Lower at Midday — OPIS
The NYMEX May ULSD contract was down by 2.69cts to $2.2273/gal and the April contract was 2.33cts lower at $2.2614/gal. The front-month contract is up by about 0.5% week to week.