Aluminum Market Descends Into Supply 'Black Hole'

Biden Prosecutors Withheld Key Evidence Against Abortion Clinic Protesters: DOJ Federal prosecutors deliberately withheld evidence while pursuing cases against individuals who protested at abortion clinics, according to a new Department of Justice (DOJ) report released on Tuesday. The DOJ Weaponization Working Group’s inaugural report examined what the Trump administration has called the Biden administration’s misuse of the Freedom of Access to Clinic Entrances (FACE) Act. The 1994 law makes it a federal crime to injure, intimidate, or interfere with people seeking or providing abortions or pregnancy-related services. The working group was created...

Private Credit Firesale Begins: World's Largest Asset Manager Gates Investors In $26 Billion Fund Three weeks ago, when the largest US Private Credit-focused asset manager Blue Owl, was faced with a flood of redemptions due to its outsized exposure to software loans (which are very rapidly being repriced to zero thanks to the disruption from AI), the firm opted against reinstating quarterly redemptions on a retail fund and decided to return investor capital through assets sales instead (effectively also freezing the money in it and gating investors ) announcing a massive...