Private Credit Funds Face More Pressure as Banks Swap Collateral

Apr 16, 2026 | Markets, Private Credit

For years, Wall Street banks eagerly helped private credit funds amplify their investing firepower with hundreds of billions of dollars in loans, helping them notch ever-higher returns. Now, those same banks are tightening their arrangements, adding to the pressure on...

Indian Officials See Iran War Shock as Disruptive as Covid

Apr 16, 2026 | Markets

Indian officials say the Iran war could be as disruptive to the country as the Covid pandemic was six years ago and the damage could linger for years to come, threatening to knock the world’s fastest-growing major economy off its path. The government is now drawing on...

Markets Are Too Blasé on War’s Economic Toll, Policymakers Warn

Apr 15, 2026 | Markets

The International Monetary Fund and World Bank are historically beacons of free trade, capitalism and financial market wisdom. But at their spring meetings, the emerging theme has a contrarian vibe: Investors are underestimating the economic damage from the Iran war....

War’s Impact on Firms Goes Beyond Energy Costs: Fed’s Beige Book

Apr 15, 2026 | Markets

War in the Middle East has given US companies a headache that extends well beyond dealing with higher energy costs, the Federal Reserve said. “The conflict in the Middle East was cited as a major source of uncertainty that complicated decision-making around hiring,...

Bessent ‘Optimistic’ Gas Will Drop to $3 Per Gallon Over Summer

Apr 15, 2026 | Markets

Treasury Secretary Scott Bessent said he was “optimistic” that the price of gasoline will abate over the crucial summer driving season, retreating back to $3 a gallon. “I’m optimistic that sometime between June 20 and September 20, that we can have $3 gas again,”...