Gundlach Warns "Bagholders" Will "Lose Money" In Private Credit As BDCs Slash Asset Values, JPM Faces $500MM Loss In Biggest "Hung" Deal This Year

Netanyahu Boasts Of Years-Long Effort To Convince US To Launch War Against Iran Authored by Dave DeCamp via AntiWar.com, Israeli Prime Minister Benjamin Netanyahu has boasted of his efforts to convince the US to launch a war against Iran, crediting his frequent appearances on US television networks and his "intimate knowledge" of US leaders. Netanyahu made the comments Sunday night on Israel’s Channel 14, and a clip of his appearance was posted on X by the account Clash Report, which Iranian Foreign Minister Abbas Araghchi later shared. via Associated Press The Israeli leader said that he had...

The Kremlin said some progress has been made toward ending the war in Ukraine and that Russia would welcome President Donald Trump’s assistance in mediating talks.  During Russia’s Victory Day celebrations on Saturday, Russian President Vladimir Putin indicated progress had been made towards a negotiated settlement to end the war in Ukraine. On Tuesday, Kremlin […]

"Replacing Lower Value Human Capital": Banks Cut Staff As Recent Grads Face Off Against AI For Jobs As AI reshapes banking, students entering the industry are confronting a double challenge: navigating AI-driven hiring processes today while wondering how many traditional finance jobs will remain tomorrow, according to Bloomberg. Warwick University student Andre Bonnick, for example, spends hours preparing for automated screening interviews rather than conversations with human recruiters. While he hopes to secure a role in finance, he is also weighing options such as further study as entry-level opportunities become more...