World Markets
Private credit’s trillion-dollar boom is fueling warnings of a hidden financial contagion
Private credit has swiftly emerged as one of the hottest corners of global finance, and its rapid rise is prompting alarm bells. Once a niche player catering to middle-market borrowers — or companies that fall between small businesses and large corporations, which are typically underserved by traditional banks — private credit has grown into a $1.7 trillion industry . […]
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CNBC Daily Open: Most people don’t start a political party after separation
US President Donald Trump, right, and Elon Musk, chief executive officer of Tesla Inc., during a news conference in the Oval Office of the White House in Washington, DC, US, on Friday, May 30, 2025. Francis Chung | Bloomberg | Getty Images When they find themselves without a significant other, most men finally start living: […]
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CNBC Daily Open: Rely on the official U.S. jobs report, but consider what ADP is saying
A hiring sign on a Taco Bell window on June 25, 2025 in Austin, Texas, U.S. Brandon Bell | Getty Images News | Getty Images There’s a scene in the cinematic masterpiece Mean Girls in which a character writes in big bloody script: “DO NOT TRUST HER.” Apologies in advance to the good folks at […]
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Asia-Pacific markets mostly set to open higher after Wall Street gains on strong jobs report
The skyline of Yokohama with the Landmark Tower, Queen’s Square and the ferries wheel with the Aka-Rengo Soko warehouse on a beautiful day. Juergen Sack | E+ | Getty Images Most Asia-Pacific markets are set to climb on Friday, trailing gains on Wall Street after a better-than-expected jobs report eased investors’ concerns of a slowdown in […]
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CNBC Daily Open: Wall Street disregards job losses to focus on cheaper shoes from Vietnam
White Nike sneakers on June 26, 2025 in Paris, France. Edward Berthelot | Getty Images Entertainment | Getty Images If I had to choose between having a job and paying less for Nike shoes, you’d see me run barefoot to the office. Wednesday’s market moves, however, suggested that Wall Street preferred the cheaper shoes. […]
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CNBC Daily Open: Tariffs led us down a different timeline for interest rates
U.S. Federal Reserve Chair Jerome Powell testifies before the Senate Committee on Banking, Housing, and Urban Affairs, on Capitol Hill on June 25, 2025 in Washington, DC, U.S. Kent Nishimura | Getty Images News | Getty Images It’s the what-could-have-beens that hurt the most. The childhood sweetheart who moved to a different country. The early […]
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CNBC Daily Open: Lower U.S. interest rates? The could-have-beens hurt the most
U.S. Federal Reserve Chair Jerome Powell looks on, on the day he testifies before a Senate Banking, Housing and Urban Affairs Committee hearing on “The Semiannual Monetary Policy Report to the Congress,” on Capitol Hill in Washington, D.C., U.S., June 25, 2025. Kevin Mohatt | Reuters It’s the what-could-have-beens that hurt the most. The childhood […]
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CNBC Daily Open: Keeping a cool head paid off for investors
Britain’s Prime Minister Keir Starmer speaks with US President Donald Trump as they attend the North Atlantic Council plenary meeting at the North Atlantic Treaty Organisation summit in The Hague, Netherlands, on June 25, 2025. Ludovic Marin | Via Reuters What a first half of the year it has been. In the first six months, […]
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CNBC Daily Open: Keep calm and carry on, investors
What a first half of the year it has been. In the first six months, the world saw a (not so) new U.S. president in the Oval Office, said president upend the global trade landscape, and a president in South Korea removed from office. Conflicts also broke out between India and Pakistan, as well as […]
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Asia-Pacific markets poised for cautious open as investors assess gains on Wall Street and Trump’s tariff plans
Shanghai Bund skyline panorama Yangna | E+ | Getty Images Asia-Pacific markets are set to have a cautious open Tuesday, with investors assessing the record gains on Wall Street and the global impact of U.S. President Donald Trump’s tariff policies as his 90-day tariff reprieve is set to expire next week. U.S. Treasury Secretary Scott Bessent said […]
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