Apollo Global Management Inc., struggling to overcome an industrywide slump, has approached some of its investors about raising money for its newest private equity fund by cashing them out of an old one at a discount.
US housing prices are finally starting to come down, but not nearly enough for many aspiring buyers struggling to break into the market.
Former private equity investor Xavier Gutierrez sees a compelling business case for hockey in the desert.
Japan, Germany and other nations are struggling to evacuate their citizens from Sudan amid fighting between the army and a paramilitary group, while water, health care and other services are becoming increasingly hard to access.
The number of Americans in high-income households who are collecting unemployment insurance benefits has surged more than sixfold in the last year, according to a Census Bureau survey.
UK Prime Minister Rishi Sunak has calmed the City of London’s market jitters and reset ties with Europe, but the government’s toxic relationship with the civil servants who keep ministries running may prove more difficult to repair.
US mortgage rates rose for the first time since early March.
An upstart professional soccer club in California is proposing to build a stadium next to the ballpark that Major League Baseball’s Oakland Athletics is set to leave behind.
Paramount Global and the creators of South Park fired back at Warner Bros Discovery Inc. in a legal dispute over streaming rights for the cartoon comedy series, saying Warner filed its breach-of-contract claim to avoid paying tens of millions of dollars in licensing fees it owes.
A swath of regional banks said they expect to earn less from their loan businesses this year after the biggest bout of industry turmoil in more than a decade slammed smaller US lenders.
