Private Equity’s Private Credit Problem
Investors have worried about who would get hit if there’s a private credit bust. Many on Wall Street think the pain goes further than the lenders.
Trump Administration Suggests Tariff Refunds May Take Significant Time
The government must update a federal court on Thursday about its timeline for returning roughly $166 billion in illegal duties.
Universal Will Give Movies Longer Exclusive Runs in Theaters
Theaters will get a minimum of five weekends of exclusive play and then, starting next year, seven. A pandemic-era policy was guaranteeing only three.
A Call for Reporting Tips Rankles Pentagon Officials
A Washington Post appeal for information about the military qualified as prohibited “solicitation,” according to defense officials.
Why Oil Prices Surged Even After the Release of Strategic Reserves
Reserves or no reserves, the outlook remains bleak as long as a major oil and gas trade route remains virtually closed.
Top-End Auction Sales Help Pull Global Art Market Out of Slump, Study Says
The top drivers included a $2.2 billion auction week in New York and strong fall fairs, according to the annual Art Basel and UBS report.
A Third of Americans Have Cut Spending or Borrowed Money for Health Care
As medical costs rise, more than 80 million people have made sacrifices like skipping meals and driving less, a new survey finds.
How to Afford Housing in London: Multiple Roommates, No Living Room
High prices have pushed more Londoners to live with roommates well into their late 20s and 30s — if they can afford to move out of their parents’ homes at all.
Oil Keeps Pushing Higher Despite Global Release of Reserves
A worldwide pledge by governments to tap emergency reserves on Wednesday has not stemmed oil’s rise.
Countries Scramble to Shore Up Global Oil Supplies as Ships Are Attacked
The United States and Israel launched more strikes against Iran, where crowds mourned military commanders killed in the war. Israel also bombed targets in Lebanon, where the death toll climbed.
Trump Targets Major Trading Partners With New Investigation
A trade investigation focuses on the European Union, China, India and other countries and will likely lead to tariffs to replace those struck down by the Supreme Court.
Noma Faces Los Angeles Protest Over Allegations of Past Abuse by Its Founder
At the vaunted restaurant’s pop-up in the Silver Lake neighborhood, fallout from recent reports continued.
Pentagon Bars Photographers From Briefings on Iran War
The decision is the latest move by the Pentagon to restrict access inside the department for journalists.
At Least 3 Ships Are Struck In and Around the Strait of Hormuz
Three vessels were hit in and around the Persian Gulf on Wednesday, according to a British maritime agency. Iran claimed responsibility for one.
How the Iran War Could Hit Americans’ Wallets
Gas prices are rising, with the cost of food likely to follow. If the conflict drags on, the fallout for consumers could worsen, experts warned.
What’s Better Than One Top Oscar Nominee? How About Two?
Warner Bros. is behind both “One Battle After Another” and “Sinners.” The studio has worked hard to not favor one over the other.
World Leaders Will Release 400 Million Barrels of Oil to Stabilize Prices
The planned release by members of the International Energy Agency is the largest such coordinated action on record.
In Talking to Parents About Vaccines, Pediatricians Navigate a Sea of Misinformation
Practitioners nationwide are striving to do what’s best for children’s health, while staying supportive in the face of mistrust and confusion.
U.S. Inflation Stayed Subdued Before Onset of Iran War
While February’s Consumer Price Index report shows only modest price pressures, inflationary risks are rising once again as the conflict in the Middle East drags on.
U.S. Gas Prices Jump for 11th Straight Day, and Oil Pushes Higher
Drivers are paying an average of 20 percent more at the pump since the strikes on Iran began. The global oil price was higher and stocks were mixed.
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