The widening gap followed a period of spending spree in the private equity industry in 2021, when money rushed into deals at ultra-low interest rates and high valuations.
Typhoon Kalmaegi leaves 52 dead, mainly in Philippine province still recovering from deadly quake
Typhoon Kalmaegi has left at least 52 people dead with 13 others missing in the central Philippines, mostly in widespread flooding that trapped people on their roofs and swept away scores of cars in a hard-hit province still recovering from a deadly ea…
Kansas Republicans drop push to enter nation’s widening redistricting battle
Top Kansas Republicans have given up for now on forcing a special session of the Legislature to redraw the state’s U.S. House districts to give the GOP an additional seat.
Rumors over who Trump plans to pardon next have turned into six-figure betting pools – with clear favorites
Bettors have spent over $1 million guessing whom the president will pardon next
Pregnant teenager Bella Culley arrives back in UK after Georgia ‘drugs mule’ jail ordeal
Bella Culley was seen arm-in-arm with her mother as she touched down at Luton airport
SoftBank wipes out about $32 billion in market cap as Asian AI stocks slide on valuation jitters
The frenzy around AI has sparked concerns that markets could be in the midst of a tech bubble.
NYC mayoral election results live: Polls closing soon in Mamdani-Cuomo race
Results expected shortly after polling stations close at 9pm on Tuesday (02:00 GMT on Wednesday).
Photos: Woodland Park Zoo residents are ready for their close-ups
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Fossil fuel leaders herald the energy addition era: ‘Music to my ears’
“I think we are transitioning from the energy transition,” the CEO of the American Petroleum Institute lobby group told CNBC.
Voters prioritize the economy above immigration and crime in Election 2025, AP Voter Poll finds
Economic worries were the dominant concern as voters cast ballots for Tuesday’s elections, according to preliminary findings from the AP Voter Poll.