Oil prices are up 15% since the U.S. and Israel began attacking Iran, and gasoline prices have been following.

BlackRock Inc. slashed the value of a private loan to Infinite Commerce Holdings to zero, just three months after assessing ...

Pimco was one of the early critics of private credit, which has ballooned into a $1.8 trillion industry. As fundraising for direct lending strategies soared, the money manager took the other side of ...

Jennifer Shaw, executive director of the Public Investors Advocate Bar Association, told lawmakers the system already ...

The United Arab Emirates also has a Hormuz bypass, exporting more than 1 million barrels a day through Fujairah. The two bypasses together, however, account for about a third of the 20 million barrels ...

It’s the clearest instance of gating investor withdrawals among major private credit funds since late last year, when investors grew increasingly skittish about the asset class after high-profile ...

Bond options traders are increasingly betting that the Federal Reserve will forgo any rate cuts this year, as an intensifying ...

As investors navigate the latest bout of geopolitical and market turmoil, one message is clear from the trading desks at some of Wall Street’s largest banks: lean into quality and high cash flow ...

The CIA considers drinking water a "strategic commodity" in the Middle East, where countries rely on desalination plants for ...

Nonfarm payrolls decreased 92,000 last month after a strong start to the year, according to Bureau of Labor Statistics data ...

Parents would have up to 17 years to claim the payments for most children born during the president's second term.

Credit investors are swiftly unwinding long positions worth tens of billions of dollars and jumping into hedging trades. Bullish bets in high-grade credit-default swap indexes have plunged by about a ...