Private credit deals see a rise in ‘Bad PIKs’ showing ‘cracks’ in the market for corporate debt
Garfield told Fortune that the broader private credit market was healthy, and…
Jefferies’ Chris Wood called Japan’s crash and the U.S. housing bubble. He’s now warning of an ‘AI capex arms race’
Christopher Wood has a track record of spotting speculative bubbles. He called…
GLP-1s could end up being ‘the first true longevity drug’ as the world battles a rising obesity crisis
GLP-1s are the hottest drugs on the market. While doctors have prescribed…
Trump’s retreats on tariffs have already wiped out $800 billion of expected deficit reduction, CBO estimates
The CBO points out that these substantial debt-reduction projections are highly sensitive…
Four accused in black-market scheme to smuggle hundreds of Nvidia GPUs to China—while raking in millions
The arrests, which took place Wednesday in Florida, Alabama, and California, included…
Intrinsic, an Alphabet company, and Nvidia supplier Foxconn will join forces to deploy AI robots in the latter’s U.S. factories
“Foxconn just has huge manufacturing expertise,” Wendy Tan White, CEO of Intrinsic,…
Elon Musk says that in 10 to 20 years, work will be optional and money will be irrelevant thanks to AI and robotics
In the future, Elon Musk sees humans as metaphorical vegetable farmers.“My prediction…
South Korean banks offer baby bonuses, flexible schedules, and years-long sabbaticals while U.S. women leave the workforce in droves
While South Korean companies attempt to bridge the gender gap and keep…
Morality matters, even to Cuomo voters
In the latest New York City elections, integrity was a hot topic.…
Home Depot blames its recent sales slump on a major funk in the housing market: ‘Our customers are homeowners’
Home Depot’s stock has fallen more than 8% over the past five…
