Tobias Adrian, the IMF’s monetary and capital-markets director, says incentives today are better aligned among issuers of private credit and investors in it than was the case when subprime mortgage debt fueled the global financial crisis.
MarketWatch
Wells Fargo sees little change in guidance despite spike in oil prices
The fourth-largest lender in the U.S. said its outlook for net interest income and noninterest expense in 2026 has remained unchanged
‘It is their fault’: My condo board forgot to bill for storage fees. Must I pay retroactively?
“They now intend to bill us for seven to eight months of storage fees.”
Fund-manager pessimism builds but not at ‘close-your-eyes-and-buy’ levels, says Bank of America
The April FMS was eagerly awaited given the oil price shock caused by events in the Middle East. While sentiment darkened, though, investors seem reluctant to cut risk significantly.
My friend’s girlfriend went ‘ballistic’ after learning he gives his kids $19,000 a year. Is this a red flag?
“He spent $1,000 on his girlfriend at Christmas and several hundred dollars on each of her children.”
Oil futures fall further below $100 on hopes of peace deal
Oil futures on Tuesday fell further below $100 as hopes rise that the U.S. and Iran may soon reach a peace deal.
‘She’s a smoker’: My mother, 55, has no car and no job. Should I buy her life insurance?
“My brothers and I are willing to split the cost of life insurance for her, if we can find a policy.”
I gave my friend’s daughter cash for her wedding. I did not receive a thank-you card. Do I say something?
“They cashed the check 10 days after the wedding.”
March saw the largest increase in global energy inflation in 25 years
The Iran war has caused the biggest rise in global energy inflation in 25 years, according to calculations made by an economist tracking government data.
United Airlines reportedly pitched government on American Airlines deal. What the deal would look like.
A published report says that United Airlines has pitched senior government officials on whether it could get permission to merge with American Airlines, a transaction that if completed would lead to carrier controlling a third of the market.