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CoreWeave Raises $7.5 Billion in Debt for AI Computing Push
The deal is one of the largest-ever private debt financings.The Wall Street Journal - Tech -
AI infrastructure startup CoreWeave raises $7.5 billion in debt deal led by Blackstone
CoreWeave's $7.5 billion debt financing follows a $1.1 billion funding round the startup announced two weeks ago.CNBC - Business -
Your Money: Managing Your Debt
How to make a plan for tackling your debt, improving your credit score and feel like the money you owe isn’t controlling you.The New York Times - Top stories -
Janet Yellen's Risky Debt-Management Business
Her overreliance on short-term borrowing sets taxpayers up for a painful economic reckoning.The Wall Street Journal - World -
Slow: the Lithuanian asexual romcom that raises ‘a lot of questions’
Marija Kavtaradze’s new film is a love story with a truly radical approach to intimacy. She reveals how she made a will they/won’t they tale that strays into little-known territory. They meet cute in a dance rehearsal studio. She’s a contemporary ...The Guardian - World -
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Linklaters raises junior lawyer pay to £150,000
‘Magic circle’ firm matches Freshfields’ recent move as talent war heats upFinancial Times - Business -
Haley protest votes raise red flags for Trump
The tens of thousands of primary votes cast in favor of Nikki Haley over the last several months are underscoring the apparent discontent many Republicans feel with former President Trump as their presumptive nominee, raising alarm for his ...The Hill - Politics - Donald Trump -
Mexico eyes tax squeeze on banks to raise revenue
New government will need to plug hole in public financesFinancial Times - World - Mexico -
Ex-Employees Raise Concerns About Safety at OpenAI
Former employees of the ChatGPT maker raised concerns that it isn’t doing enough to make sure its products don’t pose a threat to humanity.The New York Times - Business -
Italian taxi drivers’ strike raises pressure on Meloni government
Action comes after government minister met delegation of executives from ride-hailing app UberFinancial Times - World -
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Suno raises $125M to become the ‘ChatGPT’ of music creation
Suno, a music AI startup, raises $125M to revolutionize the music industry with its generative AI platform that democratizes music creation, sparking both excitement and copyright concerns.VentureBeat - Tech -
High debt levels put Europe at risk of ‘adverse shocks’, ECB warns
‘Fiscal slippage’ leaves countries vulnerable to geopolitical tensions and higher interest rates, says central bankFinancial Times - World -
Shoppers are taking on credit-card debt to buy groceries. That’s ‘a canary in a coal mine.’
As grocery prices rise, one in four adults who pay for food with credit cards are carrying debt.MarketWatch - Business -
Soaring debt and deficits causing worry about threats to the economy and markets
Government debt that has swelled nearly 50% is capturing increasing worry both on Wall Street and in Washington.CNBC - Business -
Gen Z knows it has a debt problem — and it’s getting help for it
“Instead of suffering in silence or going purely self-help,” younger people in debt “are looking into their options and talking to people,” one expert said.MarketWatch - Business -
4 dangers of not paying off your credit card debt
Skipping credit card payments may give you some relief when money is tight, but the repercussions can be serious.CBS News - Top stories -
Why you should consider credit card debt forgiveness before June
Credit card debt forgiveness may help you get out of debt faster. Here's why you should enroll before June.CBS News - Top stories -
Peloton unveils convertible-debt refinancing, and its stock falls 3%
Ailing Peloton Interactive Inc. said late Monday it will issue convertible bonds as part of a debt swap, sending the fitness company’s stock 3.3% lower in the after-hours session.MarketWatch - Business -
4 ways to pay off $10,000 in credit card debt quickly
Do you have $10,000 in credit card debt? Here are four ways to pay it off quickly.CBS News - Top stories -
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Interest Rate-Driven Debt Distress Creates 'Rifle-Shot' Opportunities
Economic expansion buoys businesses and requires more precision by investors in troubled credit, investors say.The Wall Street Journal - World -
Calls to Pause Slovakia’s E.U. Election Campaigning Raise Questions
At least one party, the opposition Progress Slovakia, said it would suspend its campaign, in a move to help “end the spiral of attacks and blame.”The New York Times - Top stories -
Walmart Posts Sales Growth, Raises Earnings Outlook for the Year
In the U.S., more people shopped at Walmart and bought more products, but the average amount spent per visit was flat compared with the same quarter last year.The Wall Street Journal - World -
Walmart’s shares hit record high as retailer raises its earnings forecast
Company continues to benefit from consumers seeking the best deals amid persistent inflationFinancial Times - World -
Why the post-Fed stock-market rally is raising fresh inflation questions
The issue is whether Fed Chair Jerome Powell’s post-meeting remarks on May 1 — in which he said the central bank’s next move is “unlikely” to be a rate hike — are now easing financial conditions by so much that this ends up stalling progress on ...MarketWatch - Business -
Republican Jewish Coalition commits to raising $5M for Trump reelection
A major Republican grassroots Jewish group is pledging to raise at least $5 million for former President Trump's reelection campaign, calling it the organization's "largest effort" to shore up Jewish support. The Republican Jewish Coalition (RJC) ...The Hill - Politics - Donald Trump -
Param Labs raises $7M to fund gaming ecosystem development
Param Labs announced it's raised $7 million in its latest funding round to fund its modular gaming ecosystem.VentureBeat - Tech -
GameSquare spins off creator-focused FaZe Media, raising $11M
GameSquare has spun off FaZe Clan’s creators and non-esports assets into FaZe Media and welcomed DraftKing’s Matt Kalish as an investor.VentureBeat - Tech -
Chubb raises dividend 5.8% after Berkshire-related stock boost
Chubb on Thursday raised its dividend 5.8%, which the company said marked its 31st consecutive hike.MarketWatch - Business -
Walmart Posts Sales Growth, Raises Earnings Outlook for the Year
In the U.S., more people shopped at Walmart and bought more products, but the average amount spent per visit was flat compared with the same quarter last year.The Wall Street Journal - Business -
Deadly Clashes in New Caledonia Raise Fears of Civil War
France has sent troops to quell violence in New Caledonia, where Paris is seen as backtracking on promises of self-determination.The New York Times - World -
Nickel price surges as New Caledonia riots raise concerns over supply
Industrial metal critical in electric vehicle batteries climbs almost 7%Financial Times - Business -
Future Forward super PAC raises eyebrows in Biden World
Allies to President Biden are concerned that Future Forward — the preferred super PAC backing the president's reelection bid — isn’t doing enough in the late spring and summer months to help build a narrative boosting the president and his ...The Hill - Politics - Joe Biden -
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An ultimatum raises pressure on Netanyahu to make postwar plans for Gaza
Pressure is coming from his own War Cabinet and his country’s closest ally.ABC News - World -
Dollar rally falters as falling inflation raises hopes of rate cuts
US currency on track for first negative month of the year after end to months of above-forecast CPI dataFinancial Times - Business -
Auditors failed to raise alarm before 75% of UK corporate collapses
Three in four audit reports did not provide alerts that companies risked going bankrupt, think-tank findsFinancial Times - Business - United Kingdom -
Crypto Venture Firm New Form Aims to Raise $100 Million Fund
Crypto and blockchain-focused venture firm New Form Capital is returning to the fundraising market, seeking to raise a $100 million fund in the latest sign investors remain bullish on the once-beleaguered crypto sector.The Wall Street Journal - World - Crypto