A 'significant' private credit shakeout on par with Covid losses is coming, predicts Morgan Stanley
Morgan Stanley expects direct lending default rates to reach as high as 8%.
Read article →
Some economists are warning about 'stagflation.' What it could mean for your money
Conflict in Iran has sent oil prices up, prompting some experts to worry that a worst-case scenario called stagflation…
Read article →
Diesel prices surge to $5 per gallon, highest since 2022, as Iran war disrupts global oil supplies
Fuel prices are likely to keep rising until crude oil flows through the Strait of Hormuz return to normal.
Read article →
Mastercard says it's acquiring stablecoin startup BVNK in $1.8 billion bet on future of payments
Stablecoin startups have been a hot commodity since the reelection of President Donald Trump in late 2024 ushered in a…
Read article →
Iran targets UAE energy infrastructure as gas field set ablaze, tanker struck near Strait of Hormuz
Oil prices advanced on Tuesday as energy market participants monitored Middle East supply disruptions.
Read article →
European markets need to get their act together, CEO of Norway’s $2 trillion wealth fund says. ‘The winner takes it all’
Nicolai Tangen, CEO of Norges Bank Investment Management, warned Europe is facing a crisis and that “it is time to act.”
Read article →
Apartment concessions hit highest level in over a decade
The average January discount was 10.7%, or roughly five weeks of free rent.
Read article →
The U.S. dollar is back on top – for now
The U.S. dollar has enjoyed something of a reprieve in recent weeks, regaining its place as a safe haven in times of…
Read article →