The company has pledged $80 billion toward computing capacity Wall Street is questioning AI demand over the longer-term Microsoft Corp. has canceled some leases for US data center capacity, according to TD Cowen, raising broader concerns over whether it’s securing...

Performance fee waived for the first €1 billion of fundraising Investors will pay lower fees if they write bigger checks Blue Owl Capital is waiving a large chunk of fees on one of its funds to attract European investors into private credit. The private capital...

Alternative investment shops want to tap the trillions of dollars in retirement accounts. Private equity has long been an exclusive club, a world of opaque funds and high fees where only the wealthiest and most sophisticated investors can gain a foothold. Its allure...

Sefcovic debriefed EU envoys on Friday after his visit to US Trump is preparing additional retaliatory tariffs, car duties The European Union estimates that the first wave of Donald Trump’s steel and aluminum tariffs will hit as much as €28 billion ($29.3 billion) of...

5,400 probationary employees face dismissal starting next week Hegseth champions Trump campaign to slash federal worker ranks The Pentagon expects to fire between 5 and 8% of its civilian workforce, with the first round of layoffs targeting 5,400 probationary workers...

Consumers long-run inflation views rise to highest since 1995 US business activity moderates as the service sector cools Stocks had their worst session so far in 2025 after weaker-than-expected economic data and a surge in consumers’ long-run inflation views to the...