business news
How private credit’s cracks are threatening to deepen private equity’s woes
Private credit’s rapid rise has been key to global dealmaking for more than a decade. Now, signs of strain in the $3 trillion market are raising a bigger question: how far the fallout from private credit could spread into private equity. The two pillars of private markets have become deeply intertwined over the past decade, […]
Read More
Asia markets set to open higher amid renewed Iran-U.S. tensions
Currency dealers monitor exchange rates as an electronic screen (top) shows South Korea’s benchmark stock index (KOSPI) in a foreign exchange dealing room at the Hana Bank headquarters in Seoul on March 13, 2026. Jung Yeon-je | Afp | Getty Images Asia-Pacific markets were set to open higher Monday, as investors continue to keep a […]
Read More
Dow futures drop 400 points as Iranian war tensions escalate: Live updates
Traders work on the floor of the New York Stock Exchange during morning trading on April 17, 2026 in New York City. Michael M. Santiago | Getty Images Stock futures tumbled Sunday night as tensions between the U.S. and Iran escalated over the weekend with the seizure of an Iranian-flagged cargo ship. Dow Jones […]
Read More
Oil prices jump after Iran and U.S. attack commercial ships as tensions escalate over Strait of Hormuz
Cargo ships in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the U.S.-Israeli conflict with Iran, in United Arab Emirates, March 11, 2026. Stringer | Reuters Crude oil prices surged Sunday, as the U.S. and Iran teetered on the brink of a […]
Read More
AI startup Cursor in talks to raise $2 billion funding round at valuation of over $50 billion
Key Points Artificial intelligence startup Cursor is in talks to raise a $2 billion fundraising round at an over $50 billion valuation, which does not include the investment, a source familiar with the matter told CNBC. Andreessen Horowitz is slated to co-lead the new investment round, in which Nvidia and Thrive Capital are also expected […]
Read More
Trump says U.S. struck and seized Iranian-flagged cargo ship in Gulf of Oman
U.S. President Donald Trump speaks to the media, before boarding Air Force One on his way to Virginia, at Joint Base Andrews in Maryland, U.S., April 10, 2026. Evelyn Hockstein | Reuters The U.S. struck and seized an Iranian-flagged cargo ship in the Gulf of Oman, President Donald Trump said Sunday. In a post to […]
Read More
FBI Director Kash Patel vows to sue The Atlantic over article claiming he abuses alcohol
FBI Director Kash Patel arrives at the U.S. Capitol on March 4, 2026 in Washington, DC. Chip Somodevilla | Getty Images Federal Bureau of Investigation Director Kash Patel said Sunday he is suing The Atlantic magazine over a recent article reporting that he frequently drinks alcohol to excess. Patel said on Fox News’ “Sunday Morning […]
Read More
Software stock dogs have joined market rally. There’s a classic investing lesson in the rebound
ETF Edge Software stock dogs have joined market rally. There’s a classic investing lesson in the rebound Published Sun, Apr 19 202611:52 AM EDTUpdated 46 Min Ago Krysta Escobar WATCH LIVE Source
Read More
Gas prices may not drop below $3 a gallon until next year: Energy Secretary Wright
U.S. Energy Secretary Chris Wright appears before a House Appropriations Subcommittee on Energy hearing on the Trump administration’s 2027 budget request for the Department of Energy, on Capitol Hill in Washington, D.C., U.S., April 15, 2026. Nathan Howard | Reuters Energy Secretary Chris Wright on Sunday said gas prices may not drop below $3 until […]
Read More