Just Days After Record IPO, SpaceX To Sell $20 Billion In Bonds

Blue Owl Stock Slides After Moody's Cuts Outlook To "Negative" On Surging Redemption Requests Blue Owl stocks is getting slammed this morning, erasing all early gains, after Moody's Ratings cut its outlook on a $36-billion Blue Owl non-traded fund to "negative" from "stable" on Tuesday, citing redemption requests that were significantly higher than at peers in the first quarter. Moody's also said the change in the outlook on Blue Owl Credit Income Corp (OCIC) is ​due to the majority of the redemption requests coming from a very limited number of investors,...

From Tank Rides To Overseeing Missile Tests: Kim Jong Un's Teenage Daughter Prepped As Likely Successor Longtime North Korean Leader Kim Jong Un oversaw a test launch of missiles equipped with multiple reentry vehicles, a move that drew limited international attention despite its escalation risk. "The purpose of the test-fire is to verify the characteristics and power of cluster bomb warhead and fragmentation mine warhead applied to the tactical ballistic missile," North Korean state media reported Sunday. "Five tactical ballistic missiles, launched towards the target area around an island about 136 km...

Watch Live: Warsh Blasts Fed's 'Fatal Policy Error' On Inflation, Pledges Strict Independence As Tillis Confirms Hold On Fed Chair Nomination Latest:  Warsh labeled the Fed’s 2021-2022 response a “fatal policy error” on inflation. He demands a new policy framework, tools, and major communications reform. Warsh rejects forward guidance and refuses to preview future rate moves. Price stability exists when no one talks about inflation, Warsh testified. Warsh disputes that tariffs caused the recent inflation overshoot. Inflation data used by the Fed is “quite imperfect,” per Warsh. He focuses most on the underlying inflation rate. Trump never asked...