Author: Editor-In-Chief
The rush to exit private credit is prompting new scrutiny of the sector’s illiquid structure and rapid expansion into the retail wealth space.black stone has become the latest fund manager to be hit by a surge in requests from investors to exit its flagship private credit strategy.The asset manager announced this week that it would meet 100% of redemption requests for the massive $82 billion Blackstone Private Credit Fund (BCRED) after investors withdrew a record 7.9% of assets from the fund, or about $3.8 billion. it came after that blue owl capital announced last month that it would end regular…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Thursday. If you’re worried about automation impacting your job, we’re sorry to hear that, but Xiaomi’s humanoid robot Intern won’t ease your worries.Stock futures are falling this morning. The three major indexes have performed well.Here are five important things investors need to know to start their trading day.1. StrengthSmoke rises from an unknown location in Tehran, Iran, on March 4, 2026, after a US-Israeli attack.Morteza Nicobazul | Nur Photo | Getty ImagesThe Senate yesterday blocked a resolution calling on President Donald Trump to withdraw from…
Havana Reuters — Cuban prosecutors on Tuesday formally charged six people with “terrorism offenses” and ordered them to be held in pretrial detention in connection with the killing of four Cuban nationals and the wounding of six others in a speedboat that entered Cuban territorial waters last week. Cuba’s interior ministry announced a gunfight at sea last Wednesday, accusing Cuban exiles of firing on a border patrol boat, saying they had come from the United States with the aim of causing chaos on the communist-held island and attacking military forces. According to Cuba, Cuban troops returned fire and captured six…
“If you look at my record of 41 goals in 29 games…it’s amazing!”Even Robert Lewandowski finds it difficult to comprehend his incredible goalscoring numbers. The legendary striker was speaking to Sky Sports from his home in Barcelona as he prepares for training that could add yet another accolade to his CV. However, Lewandowski, now 37, is targeting double La Liga and Champions League titles with Barcelona, while also keeping an eye on Harry Kane from his former club Bayern Munich.The England captain is threatening Lewandowski’s record for most goals scored in a 34-game Bundesliga season, but even with 30 goals…
This handout released by the U.S. Navy depicts aircraft conducting flight operations on the flight deck of the Nimitz-class aircraft carrier USS Abraham Lincoln (CVN 72) in support of Operation Epic Fury at sea on March 2, 2026. US Navy | Getty Images What you need to know todayA vote to force President Donald Trump to withdraw from the Iran war failed to pass in the US Senate on Wednesday. The resolution had many hurdles and was largely symbolic, as it was almost certain that President Trump would veto it. French President Emmanuel Macron said France would increase the number…
A prototype of the Apollo humanoid robot manufactured by Apptronik Inc. demonstrates its dexterity during media day at the Mercedes-Benz Digital Factory Campus in Berlin, Germany, Tuesday, March 18, 2025.Bloomberg | Bloomberg | Getty ImagesRecently, Apptronik announced a $520 million funding round at a valuation of over $5 billion. alphabetGoogle DeepMind joins as a partner. Today, a market position within the category of humanoid robots seems inevitable.In 2019, that was not the case.I was on the YPO Forum’s Austin trip and had arranged for a group of us to visit Capital Factory to hear startup pitches. As usual, it was…
Cuban President Miguel Diaz-Canel (C) participates in an “anti-imperialist” protest in front of the U.S. Embassy against the U.S. invasion of Venezuela, which killed 32 Cuban soldiers in Havana, January 16, 2026.Yamil Raji | AFP | Getty Images”Cuba is next,” Republican Sen. Lindsey Graham, an ally of President Donald Trump, said after the United States and Israel launched attacks on Iran.The United States has imposed an oil blockade on the communist-ruled island nation since January, shortly after President Nicolas Maduro of Venezuela, an ally and key oil supplier, was detained in an extraordinary military operation. It has triggered a worsening…
Iran has launched an operation targeting Iranians and Iraqi Kurdish groups in neighboring Iraq’s semi-autonomous Kurdish region, as the regional war waged by the United States and Israel enters its sixth day, leaving more than 1,000 people dead across the country.State television Press TV reported early Thursday that Tehran was attacking “anti-Iranian separatist forces,” referring to Iranian and Iraqi Kurdish groups believed to be based in hard-to-reach mountainous areas near the Iran-Iraq border.Recommended stories list of 4 itemsend of listIranian missiles hit the city of Sulaimaniyah in the semi-autonomous region of Kurdistan, according to local reports.”Three missiles targeted the headquarters…
Iran has launched an operation targeting Iranians and Iraqi Kurdish groups in neighboring Iraq’s semi-autonomous Kurdish region, as the regional war waged by the United States and Israel enters its sixth day, leaving more than 1,000 people dead across the country.State television Press TV reported early Thursday that Tehran was attacking “anti-Iranian separatist forces,” referring to Iranian and Iraqi Kurdish groups believed to be based in hard-to-reach mountainous areas near the Iran-Iraq border.Recommended stories list of 4 itemsend of listIranian missiles hit the city of Sulaimaniyah in the semi-autonomous region of Kurdistan, according to local reports.”Three missiles targeted the headquarters…
Fabian Hürzeler sensationally accused Arsenal of “making their own rules” and applying time-wasting tactics when they beat Brighton at the Amex Stadium, but was he justified in his accusations?Bukayo Saka’s early goal proved decisive in a stormy match on the south coast, with Brighton fans and head coach furious at the visiting team’s perceived delay. After Brighton failed to convert their dominant possession into goals, Hürzeler fumed in a press conference, slamming Arsenal’s approach, saying “only one team was trying to play football” and calling for time-wasting rules to be introduced. Hürzeler wasn’t the only one who found the match…