Leon Cooperman, the former hedge fund manager who now runs his own family office, said financial markets are overpriced as stocks have become too costly relative to company profits. Cooperman, the billionaire chairman and chief executive officer of Omega Family...

“The truth is, these are not very bright guys, and things got out of hand.” — All the President’s Men Senator Chris Murphy of Connecticut, a Democrat and member of the Foreign Relations Committee, took to social media Tuesday night to share takeaways from a classified...

Morgan Stanley and Cliffwater LLC capped withdrawals from their multibillion-dollar private credit funds after investors sought to redeem vastly more than the vehicles allow. Cliffwater’s $33 billion flagship private credit vehicle limited redemptions to 7% of shares...

As the conflict extends toward a third week, an arsenal of attack drones and ballistic missiles has helped make Tehran unlike any adversary the US has faced. When the first cruise missiles began detonating inside Iran, the strikes had all the hallmarks of previous...

Campbell’s Co. cut its profit outlook to the lowest in a decade as consumers eschew chips and pretzels while supply constraints are weighing on sales of freshly baked goods. Full-year earnings, adjusted for some items, are now seen between $2.15 to $2.25 per share,...

Many Hong Kong-based family offices are planning to add exposure to private equity and digital assets over the next three years, according to a report commissioned by local authorities. Interest from wealthy families in those assets, alongside private credit and...