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Gundlach Warns About the Risks Facing Private Credit
Jeffrey Gundlach, CEO and CIO of DoubleLine, discusses the current state of the private credit market. Gundlach compared the present moment in private credit to the conditions seen in 2007, highlighting significant risks and potential domino effects. He speaks on "Bloomberg The Close." (Source: Bloomberg)
$10 Billion Golub Fund Caps Outflows After Requests for 8.5%
Golub Capital is capping withdrawals from its private credit fund after investors sought to pull 8.5% of shares, the latest instance of a money manager restricting outflows amid a wave of redemption requests.
Fake notes mixed with real cash found in 3 abandoned bags on Indore-Ujjain road
Fake notes mixed with real cash found in abandoned bags on IndoreUjjain road
Can AI help you figure out how much money you need to retire?
MoneyWatch Can AI help you figure out how much money you need to retire? .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Aimee Picchi Aimee Picchi Associate Managing Editor, MoneyWatch Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets including USA Today and Consumer Reports. Read Full Bio Aimee P...
Three things we learned from Crystal Palace win as star shines on historic European night
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Doubleline's Shinoda Sees Good Times Ahead for Commercial Real Estate
Ken Shinoda, Doubleline non-agency residential mortgage-backed securities head, talks about the future of the housing market and mortgages. He says there are good times ahead for commercial real estate. He speaks on a special edition of "Bloomberg The Close" from Los Angeles. (Source: Bloomberg)
Detroit businesswoman, 62, could swap comfortable home for the big house after treating herself to swanky Tunisian rugs
Detroit businesswoman, 62, could swap comfortable home for the big house after treating herself to swanky Tunisian rugsSign up for our US Editor's Picks newsletter to get all the best exclusive stories By ALYSSA GUZMAN, US NEWS REPORTER Published: 22:01, 7 May 2026 | Updated: 22:03, 7 May 2026 e-mail View comments
Taxpayer now takes £150m hit for victims abused in care
Taxpayer now takes £150m hit for victims abused in careClick here to visit the Scotland home page for the latest news and sportBy GRAHAM GRANT, SCOTTISH HOME AFFAIRS EDITOR Published: 21:54, 7 May 2026 | Updated: 21:54, 7 May 2026 e-mail View comments
Elliott Said to Tap Banks to Run Barnes & Noble’s London IPO
Elliott Management Corp. has selected banks to lead a combined initial public offering of book retailers Barnes & Noble Inc. and Waterstones Booksellers Ltd., according to people familiar with the matter.
Gusto hits $1B revenue, a figure that brings it closer to public markets
While AI disruption looms over many legacy SaaS companies, several HR tech startups seem to be thriving. One of these companies is small-business payroll provider Gusto. The 14-year-old company, last valued at over $9 billion, just announced that it surpassed $1 billion in revenue earlier this year. Unlike many startups that report annualized recurring revenue (ARR) — an estimate of the value of their contracts in the upcoming 12 months — Gusto’s figure represents actual revenue earned over the...
She helps families in need. As gas and grocery prices rise, she needs help, too
National She helps families in need. As gas and grocery prices rise, she needs help, too May 7, 20264:34 PM ET Heard on All Things Considered By Tovia Smith She helps families in need. As gas and grocery prices rise, she needs help, too Audio will be available later today.
AI is as a top cause of layoffs, accounting for 26% of April's job cuts
MoneyWatch AI emerges as a top cause of layoffs, accounting for 26% of April's job cuts .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Megan Cerullo Megan Cerullo Reporter, MoneyWatch Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to discuss her reporting. Read Full Bio Megan Cerullo May 7, 2...
Coinbase Swings to a Loss While Posting Another Revenue Drop
Just days after announcing deep job cuts made to manage costs in volatile markets and to harness advances in artificial intelligence, Coinbase Global Inc. showed how substantially a lingering crypto bear market can weigh on results.
Hoping a possible peace deal will quickly bring down gas prices? It might take up to a year
NewsWorldAmericasUS politicsHoping a possible peace deal will quickly bring down gas prices? It might take up to a yearTrump’s war in Iran has seen average gas prices rocket from $3 before the conflict to $4.54 per gallonRhian Lubin in New York Thursday 07 May 2026 21:15 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"s...
PE Risk Is Being Priced in a More Rational Way, GTCR's Roche Says
GTCR Co-CEO and Managing Director Collin Roche reflects on the private equity landscape, emphasizing the importance of value creation over merely capitalizing on rising prices. Roche highlights GTCR's multibillion-dollar exit from Worldpay as a prime example of their strategy: backing executive teams to implement operational and strategic changes that improve business performance and justify higher exit multiples. (Source: Bloomberg)
Starz Losses Grow in Q1 as Company Marks One Year Since Lionsgate Spinoff
Starz reported its first-quarter 2026 earnings Thursday, revealing the widened loss for the media company is slowly but surely improving its financial position one year out from its spinoff from Lionsgate. OTT revenue for the January-March quarter was $211.1 million (down from $225.5 million in the year-ago quarter). Linear and “other revenue” came to $95.8 […]
Ex-Willkie Lawyer Pleaded Guilty in M&A Insider-Trading Case
A former Willkie Farr & Gallagher counsel is cooperating with prosecutors after pleading guilty to being one of the elite mergers and acquisitions lawyers who provided tips on deals to a massive insider trading ring.
Trump warns tariffs will jump if EU does not fulfil trade deal by new deadline
NewsWorldEuropeTrump warns tariffs will jump if EU does not fulfil trade deal by new deadline‘A promise was made that the EU would deliver their side of the deal,’ Donald Trump saidDan Haygarth Thursday 07 May 2026 20:46 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":true,"showBookmark":true,"articleId":"...
$60,000 CD vs. $60,000 high-yield savings account vs. $60,000 money market account: Which earns more interest now?
MoneyWatch: Managing Your Money $60,000 CD vs. $60,000 high-yield savings account vs. $60,000 money market account: Which earns more interest now? We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Matt Richardson Matt Richardson Sr. Managing Editor, Managing Your Money Matt Richardson is the senior managing editor fo...
GameStop's eBay Takeover Is So Befuddling Even Merger Arbs Are Steering Clear
On paper, GameStop Corp.’s head-turning $56 billion bid for eBay Inc. offers a potential fat profit for investors willing to wager on the unconventional deal. In practice, merger specialists aren’t buying it.