Ratings that underpin a growing slice of the $1.8 trillion private-credit market, the hottest corner of Wall Street in recent years, are systematically understating investment risk, according to a new study by Columbia Business School researchers.
Ratings that underpin a growing slice of the $1.8 trillion private-credit market, the hottest corner of Wall Street in recent years, are systematically understating investment risk, according to a new study by Columbia Business School researchers.
A San Diego businesswoman who was granted clemency by Donald Trump in 2021 and later convicted on new fraud charges received a pardon from the president on Thursday, according to a White House official who spoke on the condition of anonymity.
A San Diego businesswoman who was granted clemency by Donald Trump in 2021 and later convicted on new fraud charges received a pardon from the president on Thursday, according to a White House official who spoke on the condition of anonymity.
US President Donald Trump during a roundtable on rural health transformation in the East Room of the White House in Washington, DC, US, on Friday, Jan. 16, 2026. Trump urged Republican lawmakers to quickly move on a White House healthcare plan, seeking to shift the narrative on an issue that threatens his party’s hold on Congress with millions of Americans facing premium hikes or the risk of lost coverage. Photographer: Aaron Schwartz/Bloomberg
Law enforcement officials working on the Jeffrey Epstein investigation in 2019 referred to Leslie Wexner, the billionaire retail tycoon, as among 10 “co-conspirators” in the case, emails disclosed by the Department of Justice on Monday show.
Law enforcement officials working on the Jeffrey Epstein investigation in 2019 referred to Leslie Wexner, the billionaire retail tycoon, as among 10 “co-conspirators” in the case, emails disclosed by the Department of Justice on Monday show.
Ghislaine Maxwell in 2013. Photographer: Laura Cavanaugh/Getty Images
AnmeldenBloomberg Markets
Bloomberg Politics
