The New York Times – Business:
On Thursday, Blue Owl reported another quarter of double-digit investor withdrawal requests from some of its private credit funds.
Blog
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What Private Credit Is, and Why Investors Are So Worried About It
The New York Times – Business:
Some say the industry expanded too quickly and extended loans to companies that won’t be able to pay them back.
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Labor Market Not a Source of Inflationary Pressure, Latest Report Shows
The New York Times – Business:
The unemployment rate ticked down to 4.2 percent, but average hourly earnings were steady, giving Kevin Warsh, the Federal Reserve chairman, room to focus on fighting inflation.
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Why the Jobs Market Has Wall Street and Washington on Edge
The New York Times – Business:
A rebound in hiring has put more pressure on the Federal Reserve to raise interest rates. New jobs numbers are scheduled for release on Thursday.
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A.I. Is Reshaping the Economy. Good Luck Measuring How.
The New York Times – Business:
Some data suggest artificial intelligence is already causing job losses. Other sources show the opposite. Why is it so hard to figure out what’s going on?
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Jaguar’s Electric Future: Curves Are Out, and Blunt Is In
The New York Times – Business:
The storied British automaker is going all-electric, and this fall it will unveil its new flagship, with deliveries coming next year. The strategy is distinctive but risky and has drawn some prominent detractors.