BUSINESS

Private Credit Can’t Stop the ‘Freak Out’

On Thursday, Blue Owl reported another quarter of double-digit investor withdrawal requests from some of its private credit funds.On Thursday, Blue Owl reported another quarter of double-digit investor withdrawal requests from some of its private credit funds. Private Equity, Credit and Debt, Banking and Financial Institutions, Blue Owl Capital Inc Read More

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Labor Market Not a Source of Inflationary Pressure, Latest Report Shows

The unemployment rate ticked down to 4.2 percent, but average hourly earnings were steady, giving Kevin Warsh, the Federal Reserve chairman, room to focus on fighting inflation.The unemployment rate ticked down to 4.2 percent, but average hourly earnings were steady, giving Kevin Warsh, the Federal Reserve chairman, room to focus on fighting inflation. Inflation (Economics), Regulation

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Why the Jobs Market Has Wall Street and Washington on Edge

A rebound in hiring has put more pressure on the Federal Reserve to raise interest rates. New jobs numbers are scheduled for release on Thursday.A rebound in hiring has put more pressure on the Federal Reserve to raise interest rates. New jobs numbers are scheduled for release on Thursday. internal-storyline-no, Warsh, Kevin M, Federal Reserve System,

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A.I. Is Reshaping the Economy. Good Luck Measuring How.

Some data suggest artificial intelligence is already causing job losses. Other sources show the opposite. Why is it so hard to figure out what’s going on?Some data suggest artificial intelligence is already causing job losses. Other sources show the opposite. Why is it so hard to figure out what’s going on? Artificial Intelligence, United States Economy,

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Jaguar’s Electric Future: Curves Are Out, and Blunt Is In

The storied British automaker is going all-electric, and this fall it will unveil its new flagship, with deliveries coming next year. The strategy is distinctive but risky and has drawn some prominent detractors.The storied British automaker is going all-electric, and this fall it will unveil its new flagship, with deliveries coming next year. The strategy

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Chanel Is Buying Charvet, the World’s Oldest Shirt Maker

The French luxury group is acquiring Charvet, a Parisian brand that dates to the 1830s, in a bid to add some men’s wear savoir-faire to its portfolio.The French luxury group is acquiring Charvet, a Parisian brand that dates to the 1830s, in a bid to add some men’s wear savoir-faire to its portfolio. Fashion and Apparel,

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