From Jamie Dimon’s ‘cockroaches’ to the Blue Owl freeze: How stress is spreading in private credit
Private credit’s meteoric rise to a roughly $3 trillion cornerstone of global finance was fueled by demand for lending outside the traditional banking system.
He hesitated to take the CEO job. Here’s why Schneider Electric’s Olivier Blum ultimately said yes — and plans to stay
Thrust unexpectedly into the top job, Olivier Blum reveals how resilience, discipline and constant learning shaped his rise to CEO of Schneider Electric.
Bitcoin extends decline, falling below $63,000 before paring some losses
Bitcoin tumbled more than 5% to fall below $63,000 on Tuesday as investors continued to grapple with escalating tariff tensions and broader geopolitical risks.
Jamie Dimon says ‘watch out’ as lofty asset prices add to economic risks: ‘My anxiety is high’
JPMorgan Chase CEO Jamie Dimon is anxious as high asset levels collide with increased competition among lenders and jitters over loans to the software industry.
Panama cancels China-linked port deal, hands canal terminals to Maersk, MSC
The simmering dispute has become a geopolitical flashpoint between Washington and Beijing, with Panama caught in the crossfire.
China leaves benchmark lending rates unchanged as Beijing signals tolerance for stronger yuan
China’s central bank kept its benchmark lending rates unchanged as Beijing manages a balancing act of supporting a slowing economy while maintaining currency stability.
Asia markets trade mixed after Trump revives tariff threat and AI fears hit tech
China’s central bank on Tuesday keeping its benchmark lending rates unchanged at 3% for the one-year LPR and 3.5% for the five-year LPR.
Dow closes more than 350 points higher as software stocks bounce back from AI disruption sell-off: Live updates
Software stocks staged a comeback on Tuesday, lifting the three major averages.
Supreme Court ruling throws Trump administration’s tariff strategy into flux. What it means for global trade, U.S. economy
President Trump’s new tariffs could further strain global trade relations, pushing businesses to operate more cautiously and hurting the U.S. economy.
IBM is the latest AI casualty. Shares tank 13% on Anthropic programming language threat
COBOL is a computer language used for business data processing and IBM is a leader in that area.
