Blue Owl is spoiling private credit’s sales pitch
US fund manager has become a warning of what happens when exotic products do not go to plan
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Stocks slip and gold gains as global trade faces new Trump tariff threat
Dollar also dips after US president imposes 15% duty following Supreme Court decision to strike down previous policy
Chevron in talks for stake in giant Iraq oilfield after Lukoil sanctions
US major says it is negotiating for West Qurna 2, which produces 10% of Iraq’s crude
US universities lean on endowments as costs rise and funding cuts bite
Schools increasingly rely on investment proceeds to pay for operations amid squeeze on campus budgets
AI threatens enterprise software companies, says Franklin Templeton CEO
Jenny Johnson’s warning comes amid a sell-off in buyout shops and private credit lenders that have bet heavily on tech
Gold rises and dollar slides as global trade faces new Trump tariff threat
US president imposes 15% duty after Supreme Court strikes down previous policy