The turmoil currently sweeping through the $3 trillion private credit market has investors stampeding out of the funds.
Author: Barry
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U.S. Treasurys look like the bad boyfriend at the start of a Hallmark movie, finance expert says
“I think one thing to keep in mind is that currently markets don’t have a better, great option than U.S. Treasury debt,” Yale Budget Lab’s executive director Martha Gimbel told the Senate Finance Committee on Wednesday.
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Home Robot Maker Sunday Hits $1.15 Billion Valuation
Sunday, the maker of a robot for housework, has raised $165 million Series B at a $1.15 billion valuation. CEO Tony Zhao discusses the company’s plans to begin beta testing its robots in homes later this year. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
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Trump and Iran Strike Defiant Tone as Oil Markets See Little Relief
President Donald Trump and Iran’s new supreme leader both struck defiant tones on the 13th day of the war, offering little relief to energy markets despite fresh US efforts to curb oil prices.
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Meet LITRO: The tokenized crude project to start pilot testing soon for 2027 debut
LITRO aims to modernize the $6 trillion oil market by replacing slow, paper-based settlement with 24/7, on-chain trading and redemption.
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Netflix to Pay as Much as $600 Million for Ben Affleck’s AI Firm
Netflix Inc. will pay as much as $600 million for InterPositive, the AI moviemaking company founded by Ben Affleck, according to people familiar with the matter, making the purchase one of the biggest ever by the streaming leader.
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Why the IEA’s largest-ever release of oil reserves is pushing up crude prices
The largest-ever release of oil from the International Energy Agency’s emergency stockpiles lifted prices for the commodity up by nearly 5% on Wednesday.
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There’s no policy response that can stop the rise in oil prices: Carlyle’s Currie
The oil market on Wednesday saw the strongest effort by far to ensure adequate global supplies of the commodity, but commodities guru Jeff Currie said the International Energy Agency’s decision to release an unprecedented amount of crude from its reserve won’t halt oil’s climb.
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Iran Says Truce Depends on US, Israel Pledging Not to Strike
Iran has told regional intermediaries that for a ceasefire, the US must guarantee that neither it nor Israel will strike the country in the future, according to several officials familiar with the matter.
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Coinbase-backed AI payments protocol wants to fix micropayment but demand is just not there yet
Agentic commerce holds promise, but data shows that x402 is still in the trial phase