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On the death of a Russian laboratory worker, US President Trump said he does not believe it was a biological weapon but pledged to establish the facts.

2026-10-08

On the death of a Russian laboratory worker, US President Trump said he does not believe it was a biological weapon but pledged to establish the facts.

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2026-10-07

Spot silver fell about 3% intraday to $59.50/oz. Spot gold's intraday drop widened to nearly $30, trading at $4,085.96/oz.

Spot silver fell about 3% intraday to $59.50/oz. Spot gold's intraday drop widened to nearly $30, trading at $4,085.96/oz.
2026-10-08

The $1.8 trillion private credit market is facing renewed refinancing stress as loans issued during the low-rate period—especially in 2021–22—come due. Steve Kupenheimer, partner and head of private investments at Lord, Abbett & Co., said loans under

The $1.8 trillion private credit market is facing renewed refinancing stress as loans issued during the low-rate period—especially in 2021–22—come due. Steve Kupenheimer, partner and head of private investments at Lord, Abbett & Co., said loans underwritten and priced when benchmark interest rates were near zero are most exposed; as that cohort matures borrowers will face greater refinancing pressure and higher default risk. Kupenheimer said he believes we are in a relatively elevated default cycle, with current default rates around 3–4% versus roughly a 2% historical average.
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