Shares of major private-credit lenders are down significantly this year: Apollo has lost 26%, KKR 31%, Blackstone 30%, and Ares 35%.

Glendon warns Blue Owl and peers may be understating private credit losses as redemptions are restricted and valuations ...

XRP (XRP) has 61.1 billion tokens in circulation and would need to reach a $609 billion market cap to hit $10, requiring a 615% gain from current $1.40 levels. XRP reaching $10 requires five ...

Gov. Kathy Hochul is giving another $1.5 billion in state funding to New York City, one day before Mayor Zohran Mamdani is poised to unveil plans to balance his first city budget and less than a week ...