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OPEC+ extended cuts but plans to boost again in the fall
NEWS INDUSTRY NEWS JUN 03, 2024
OPEC+ extended cuts but plans to boost again in the fall

Latest extension aims to support fragile market.

Musk charged with $7.5M insider trading on Tesla stock
NEWS INDUSTRY NEWS MAY 31, 2024
Musk charged with $7.5M insider trading on Tesla stock

The CEO of the electric vehicle "breached his fiduciary duties" by trading on non-public company information, suit alleges.

Hedge fund investors are sick of paying for "skill-less returns"
INVESTING ALTERNATIVES MAY 31, 2024
Hedge fund investors are sick of paying for "skill-less returns"

A coalition of pensions, endowments, and other institutional investors are demanding a change to the fees they're charged.

Global bonds fall again amid stubborn inflation outlook
NEWS INDUSTRY NEWS MAY 31, 2024
Global bonds fall again amid stubborn inflation outlook

Traders expect to be dealing with the challenge for some time yet.

Wall Street is prepping for Trump-Biden bumpy ride
NEWS INDUSTRY NEWS MAY 31, 2024
Wall Street is prepping for Trump-Biden bumpy ride

What will be the likely market impacts of the election?

Big banks are allocating more to private credit
NEWS INDUSTRY NEWS MAY 31, 2024
Big banks are allocating more to private credit

Goldman, Citi, Wells Fargo among those increasing allocations.

Trump guilty on all counts, finds jury at hush-money trial
NEWS INDUSTRY NEWS MAY 30, 2024
Trump guilty on all counts, finds jury at hush-money trial

The former US president faces up to four years in prison, creating a challenging path for his reelection campaign.

Apollo plots private credit push with expansion to ETFs
INVESTING ALTERNATIVES MAY 30, 2024
Apollo plots private credit push with expansion to ETFs

The private asset giant is eyeing retail channels to expand its asset origination business, according to the CEO.

Morgan Stanley helped Musk conceal Twitter stock buying, suit says
NEWS INDUSTRY NEWS MAY 30, 2024
Morgan Stanley helped Musk conceal Twitter stock buying, suit says

Oklahoma pension fund alleges the "secret" scheme to consolidate ownership stakes led to almost $1.5M in commissions.

Record-breaking summer heat set to spark commodities volatility
NEWS INDUSTRY NEWS MAY 30, 2024
Record-breaking summer heat set to spark commodities volatility

From natural gas to soy, prices are already rising globally.