4 Lin News

US Treasury Secretary Scott Bessent speaks about US efforts to sever Iran from the global economy and actions taken by the United Arab Emirates to cut economic ties with the Islamic Republic last week. He also says to expect “a major announcement of a financial institution being sanctioned by the end of this week.”...

BlackRock Inc. is sounding out buyers for all $671 million of loans held by its TCP Capital Corp. as the firm ramps up efforts to overhaul the troubled private credit fund, according to people with knowledge of the matter....

Mexican President Claudia Sheinbaum expressed optimism she can reach a trade deal with Donald Trump as her chief negotiator leads talks in Washington, just after negotiations between the US and Canada collapsed....

A target on longer-dated bond yields....

Bond traders have ramped up measures of credit risk associated with Broadcom Inc. as it backstops mega financing packages for the buildout of artificial intelligence....

Siemens Energy AG is working with Goldman Sachs Group Inc. as it prepares to start fielding offers for a majority stake in its steam turbine business, people familiar with the matter said....

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Pacific Investment Management Co. is now the dominant foreign player in Colombia’s local debt market after a buying spree that more than offset outflows by other overseas investors....

Interest-rate strategists at Goldman Sachs Group Inc., Wells Fargo & Co. and other Wall Street firms said the US Treasury Department’s bond buybacks will do little to reverse the jump in long-term yields....

NYU Stern professor Suzy Welch examines a growing contradiction among Gen Z: young workers increasingly value achievement and career success while also wanting to spend less of their lives at work. Welch discusses shifting attitudes toward ambition, work-life balance and what the trend means for employers. She speaks w...