Mark Walter’s Lieutenants Give Prosecutors Firsthand Accounts

Sep 18, 2026 | Markets

Federal prosecutors have collected statements from some of billionaire Mark Walter’s most senior executives as authorities probe dealings at his insurance companies and the investment firm he runs, Guggenheim Partners LLC, according to people with knowledge of the...

Morgan Stanley Caps Private Credit Exits Again as 11% Want Out

Sep 18, 2026 | Markets, Private Credit

Morgan Stanley is curbing redemptions at its nearly $7 billion private credit fund again in the third quarter, as investors requested more than twice the amount the fund was willing to repurchase. The North Haven Private Income Fund capped withdrawals at 5% after...

Fed Raises Rates as Warsh Bucks Trump to Contain Inflation

Sep 16, 2026 | Markets

The Federal Reserve raised interest rates by a quarter percentage point and penciled in an additional hike later this year, steps aimed at containing inflation that will test Chairman Kevin Warsh’s relationship with President Donald Trump. “Today’s policy action will...

Fortress Warns Private Credit Lenders Against ‘FOMO’ in AI Rush

Sep 14, 2026 | Markets, Private Credit

As the artificial intelligence boom creates a massive new market for private credit, Fortress Investment Group is warning lenders against rushing into deals out of a fear of missing out. Jack Neumark, co-chief executive officer of Fortress, which manages about $55...

S&P 500 Seen Dropping 10% on Fed Hikes, MRA Strategist Says

Sep 14, 2026 | Markets

Potential Federal Reserve rate hikes starting this week could spur a correction in the S&P 500 as reduced corporate margins hurt profit outlooks and markets brace for a tightening cycle, according to Macro Risk Advisors LLC. The S&P 500 has dropped nearly 1%...