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Moody's cuts rating on private credit fund run by KKR and Future Standard to junk as bad loans grow

The move by Moody's is the latest sign of distress in private credit; retail investors have been rushing to withdraw funds from Blackstone to Apollo. from Finance https://ift.tt/lD7swC6 via IFTTT
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Jeffrey Gundlach says it's a ‘going nowhere’ market, warns of private credit strains

His comments come as investors increasingly scrutinize pockets of the private credit market, particularly funds exposed to riskier borrowers. from Finance https://ift.tt/XK5FUmA via IFTTT
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U.S. executives, from Apple to Eli Lilly, revamp their push into the world's second-largest economy at the China Development Forum

More than 80 global executives traveled to Beijing this weekend for the state-organized China Development Forum. from Finance https://ift.tt/Kd98nHe via IFTTT
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Fed's Goolsbee says he's worried about inflation in 'fraught but intense' climate

In a CNBC interview, the central banker said policymaking is difficult in the current environment. from Finance https://ift.tt/puv2TNE via IFTTT
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Stocks making the biggest moves premarket: Delta Air Lines, Carnival, Chevron & more

These are the stocks posting the largest moves premarket. from Finance https://ift.tt/5lqP3Do via IFTTT
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The AI race between China and the U.S. heats up. These stocks could be winners, Bernstein says

Whether China or the U.S. wins the race for artificial intelligence ultimately relies on the ability to power the new technology, according to Bernstein. from Finance https://ift.tt/daJRSbL via IFTTT
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