Deteriorating asset quality, collateral markdowns and a growing rush for the exits are rattling private credit markets and prompting comparisons to the Global Financial Crisis. But a spike in loan defaults, while painful, could help shake out pockets of stress from the $3 trillion sector and provide what one industry pro calls a “healthy reset”…
People dispense fuel at the pump at Costco Petrol Station in West Thurrock, Essex. The conflict in Iran has caused a surge in oil and gas prices. Picture date: Thursday March 5, 2026. Jordan Pettitt – Pa Images | Pa Images | Getty Images The U.K. inflation rate stood firm at 3% in February, according…
Workers check vehicle frames on the production line for electric vehicle maker Zeekr at its factory on May 29, 2025 in Ningbo, China. Kevin Frayer | Getty Images News | Getty Images The fallout from the Iran war is likely to expedite the shift away from fossil fuels and make countries think differently about the…
President Donald Trump speaks during a ceremony for newly sworn in Secretary of the Department of Homeland Security Markwayne Mullin in the Oval Office at the White House in Washington, March 24, 2026. Chip Somodevilla | Getty Images Hello, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC’s Daily…
Gold bars are stored in a safe deposit room in Munich, Jan. 28, 2026. Angelika Warmuth | Reuters Gold prices climbed on Wednesday as declining oil prices helped temper worries about persistent inflation, following reports that Washington is working on a proposal to end the Middle East conflict. Spot gold prices were last up 2.56%…
A SK Hynix flag (R) and a South Korean national flag (L) flutter outside the company’s Bundang office in Seongnam on Jan. 26, 2024. Jung Yeon-je | Afp | Getty Images SK Hynix revealed Wednesday that it made a confidential filing with the U.S. Securities and Exchange Commission for a potential listing on Wall Street…
An Iranian security worker monitors an area in phase 19 of the South Pars gas field in Assalooyeh, on Iran’s Persian Gulf coast, on Aug. 23, 2016. Morteza Nikoubazl | Nurphoto | Getty Images Oil prices fell more than 5% Wednesday after U.S. President Donald Trump said that Washington and Tehran are “in negotiations right…
SEOUL, SOUTH KOREA – MARCH 05: A currency dealer works in front of an electronic screen showing South Korea’s benchmark stock index (KOSPI) in a foreign exchange dealing room at the Hana Bank headquarters on March 05, 2026 in Seoul, South Korea. The latest flare-up in the Iran conflict has hammered export‑reliant markets in South…
[This stream is scheduled to begin at 6:05 p.m. ET] Venezuela opposition leader María Corina Machado will address oil and gas executives Tuesday, as the industry hesitates to invest in the South American nation after the U.S. ousted former President Nicolás Maduro. Machado, a Nobel Peace Prize laureate, was blocked in 2024 from running for…
Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York on March 24, 2026. Angela Weiss | AFP | Getty Images U.S. stock futures rose Tuesday night following a news report that the U.S. has given Iran a plan that could bring the conflict to an…
