Apollo Private Credit Fund Is Latest To Gate Investors As KKR Fund Gets Junked By Moody's

Iran Deploys Combat-Ready Mini Subs In Hormuz As US Flexes Nuclear Submarine En Route Rival submarine threats have emerged Monday amid the ongoing Strait of Hormuz showdown and as President Trump has said the ceasefire with Iran is on "massive life support". A US Navy nuclear-armed submarine has arrived in Gibraltar while en route into the Mediterranean Sea and likely Central Command or Middle East regional waters, in a very rare Pentagon admission of the whereabouts of one of America's most secretive weapons. Source: GBC News "The port visit demonstrates U.S. capability, flexibility, and...

Stocks Fall, Oil And Rates Rise As Inflation "Roars Back" US equity futures and bonds were lower as oil climbed, with a key inflation report showing the impacts of higher energy and supply disruptions stemming from the war in Iran. Stocks are poised to fall from all-time highs after the core CPI rose more than expected in April. As of 9:15am S&P futures ewere down 0.2% and Nasdaq futures dropped 0.7% as a slide in chipmakers and big tech names dragged down the market in early US hours. In premarket trading, all Mag 7 stocks were lower. Treasury...

DOJ Sues Minnesota To Block Climate Lawsuit Targeting Energy Companies Authored by Bill Pan via The Epoch Times (emphasis ours), The U.S. Department of Justice (DOJ) is suing Minnesota over the state’s own climate lawsuit against major energy companies. Pumpjacks operate near the site of a new oil and gas well being drilled in Midland, Texas, on April 8, 2022. Eli Hartman/Odessa American via AP The complaint, filed Monday in the U.S. District Court for the District of Minnesota, accuses state officials of trying to impose their own climate policies on domestic energy...