DOJ Launches Criminal Probe Into E. Jean Carroll Over Alleged Perjury In Trump Lawsuits

US military and intelligence officials are discussing reducing the number of American troops and permanent bases in the Middle East. CNN reported that it spoke with six officials who said the quiet conversations are occurring as President Donald Trump has no clear plan for the US military posture in the region post-war with Iran. Senior […]

Apollo Private Credit Fund Is Latest To Gate Investors As KKR Fund Gets Junked By Moody's Amid the ongoing fracturing of the private credit industry, which after enjoying years of stable, levered growth (and when it ran out of institutional greater fools, it aimed lower, toward HNWs and retail) finally hit a brick wall thanks to the Claude-inspired SaaSpocalypse, which has led to a historic surge in redemption requests across the biggest (and certainly smallest) names in the industry, last week we said that debt funds managed by powerhouse firms including...

"Not Behind Us": Major US Tool Distributor Warns Tungsten Cost Shock Is Hitting Factory Floors Speaking at the Jefferies Industrials Conference earlier on Wednesday, MSC Industrial executive Martina McIsaac warned of a tungsten supply shock rippling through the company's supply chain and continuing to drive up industrial tooling costs. McIsaac told Steve Volkmann, an industrial analyst at Jefferies, that inflation affecting tungsten carbide inputs is "in the neighborhood of 500%" and said suppliers were still passing higher costs through the manufacturing chain. Cutting tools represent about 15% of MSC's revenue, making tungsten...