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Private Credit Fund Burned by Risky Bets Is Bleeding Cash

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Prospect Capital, a little-known New York firm that helped pioneer the private credit boom, has come up with an unusual technique to keep dividends...
World

World markets shaken over fears of U.S. recession as sell-offs deepen | CBC News

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Nearly everything on Wall Street is tumbling as fear about a slowing U.S. economy worsens and sets off another sell-off for financial markets around...
Tech

AI bubble pops: Tech stocks plummet with another potential 25% drop, analysts warn

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Global semiconductors, after more than a year of carrying the stock market on their shoulders, are in a volatile free fall.  The rout in these...
Bussiness

Intel’s stock plunges as company cuts 15% of workforce, struggling to fund chipmaking business | CBC News

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Intel was set to erase nearly $25 billion US in stock market value on Friday in potentially its worst sell-off since 2000, after it...
Tech

Wall Street today: US stocks mixed ahead of Fed rate decision, Big Tech results | Stock Market News

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US stocks were mixed on Monday, with the tech-heavy Nasdaq and the S&P 500 rising ahead of a Federal Reserve interest rate decision and...
Bussiness

ASX 200 closes down 0.5 per cent in a widespread sell-off — as it happened

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At its most basic, the Trump Trade is taking a bet on asset classes that are likely to be given a boost by the...
Tech

Live: FMG and Domino’s down on ASX after company news, while semiconductor news rattles tech stocks

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Australia's Wilmar Sugar and Renewables is closing its eight sugar mills for up to 16 hours due to a strike on Thursday by unionised...
Tech

At midday: TSX slips as tech rout hits Wall Street

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Canada’s main stock index fell from record levels on Wednesday as a technology sector rout hit Wall Street, though gains in oil and defensive...
Bussiness

Goldman Sachs overhaul takes two steps forward, one step back

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During the second...
Bussiness

Get ready for more AI mania this earnings season

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Artificial intelligence is...
Bussiness

Live: ASX set to slip on weaker Wall Street close, supermarket reforms on the way

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Good morning and welcome to another week on the ABC markets and finance blog.Stephen Letts from ABC business team here, limbering up for a...
Bussiness

Live: Nvidia loses title as world’s most valuable company to Microsoft, UK central bank keeps rates on hold

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Good morning and happy Friday — it's June 21, and you've made it to the end of the week!If that's not enough to get...
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