Prospect Capital Corp. is discussing a yield of about 8% on its first junk-bond offering since 2021, underscoring the rising costs of funding for private-credit funds.

People are being spotted emerging from New York City's sewers, generating wild theories online about their intentions. (Source: Bloomberg)

Trump says he talked to Xi about the Iran war Reuters

Investors ‘don’t want to hold risk going into the weekend’, said one investor, as market heads for worst week since 2024

Sell-offs of this scale and speed have the potential to light fires in other parts of the financial system

Is Hollywood just screwed? The American entertainment business has been on a steady decline since the pandemic and now AI has entered the picture. On this episode of the Odd Lots podcast, creative director of LA Material, Hayes Davenport, joins Tracy Alloway and Joe Weisenthal at a live recording at

SK Hynix Inc.’s Solidigm is considering a US initial public offering as soon as next year, according to people familiar with the matter.

DALLAS--(BUSINESS WIRE)--Generational Group announces the sale of Interstate Threaded Products, a supplier of high-quality threaded fasteners to a private investment firm.

US Stocks open modestly higher to close out a brutal four-losing-week stretch for the Dow as Costco's blowout quarter — Q4 revenue of $95.72 billion and same-store sales of 9.4%, both beating consensus — provides a powerful counternarrative to the week's consumer anxiety

European shares advanced as bond yields stabilized and oil pulled back on hopes of progress toward reopening the Strait of Hormuz.