More pain is coming in private credit as defaults ramp up, creating “significant” risks, according to Morgan Stanley. The sector has been marked by turbulence as investors, concerned that artificial intelligence will disrupt software businesses, pulled money from private credit funds. That led to a spike in redemptions by private market and alternative asset managers….
Key Points Nationwide, 16.6% of stabilized apartments offered concessions in January, according to RealPage Market Analytics. That’s an increase from December as high supply and weakening renter demand dent the multifamily market. The average January discount was 10.7%, or roughly five weeks of free rent. A version of this article first appeared in the CNBC…
A sign displays the prices of diesel fuel at a BP gas station in Elizabeth, New Jersey, US, on Monday, March 9, 2026. Bing Guan | Bloomberg | Getty Images U.S. diesel prices on Tuesday topped $5 per gallon for the first time in more than three years, as the escalating war in the Middle…
Just Capital’s annual list of America’s “most just” companies ranks the Russell 1000 universe using a methodology based on public polling that since 2015 has taken the pulse of roughly 200,000 Americans, asking them to identify and prioritize the issues that they think contribute the most to just business behavior. To produce the 2026 Just Capital rankings,…
Check out the companies making the biggest moves premarket: Nvidia — The chipmaker traded slightly higher after CEO Jensen Huang said he expects orders for its Blackwell and Vera Rubin chips to reach $1 trillion through 2027. Delta Air Lines — Shares traded more than 4% higher after the company raised its first-quarter revenue growth…
Delta Air Lines said Tuesday that the company was maintaining its profit guidance for the first quarter and raising revenue expectations, despite airlines dealing with higher jet fuel prices since the war in Iran started. CEO Ed Bastian told CNBC’s Phil LeBeau that Delta had taken a $400 million hit so far for the fourth…
A general view of the Alibaba headquarters is at West Bund in Shanghai, China, on February 28, 2026. (Photo by Ying Tang/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Chinese technology giant Alibaba on Tuesday released a new agentic artificial intelligence tool, Wukong, for enterprise customers, as the company restructures and faces rising…
Gecko Robotics founders Jake Loosararian and Orion Correa. Courtesy: Gecko Gecko Robotics, a Pittsburgh-based robotics startup, on Tuesday announced a $71 million deal with the U.S. Navy to cut down ship repair time as the government races to reindustrialize America’s aging defense systems. The company said its robots — capable of flying, swimming, and climbing…
There’s great news if you haven’t booked hotels for your summer vacation yet: Three Marriott cards have increased welcome bonuses that match or exceed the best we’ve ever seen for these cards. You could book at least a five-night stay with the offers available from the: If you’ve ever dreamt of having your very own…
Traders work on the floor of the New York Stock Exchange at the opening bell, March 12, 2026. Timothy A. Clary | Afp | Getty Images LONDON — European stocks are set to open broadly flat on Tuesday as global markets remain volatile and oil prices continue to fluctuate. The U.K.’s FTSE 100 index is…
