The Wire
All the analysis, as it happens.
10:03
Private Credit Faces Software Shock as Default Warnings Hit 15%
UBS warns AI disruption could push private credit defaults to unprecedented levels, exposing $600-750 billion in software exposure as the $3.5 trillion market confronts its…
09:57
UK Borrowing Falls as Reeves Delivers Post-Pandemic Fiscal Consolidation
Britain plans fastest deficit reduction in G7 as gilt issuance holds at £304 billion despite tighter fiscal stance.
22:46
Credit Contagion Warning: SVP’s Khosla Says Software Selloff Threatens Leveraged Markets
As $47 billion in tech loans trade distressed, a major distressed debt investor warns the decoupling between tight credit spreads and equity carnage may be…
21:31
Pope Leo XIV Confirms Historic Algeria Visit in Four-Nation African Tour
First papal trip to Algeria marks strategic Vatican pivot toward Africa's 272 million Catholics amid interfaith tensions and church growth.
21:29
Salesforce Guidance Miss Triggers $2.8 Billion Rotation Into Australian Bonds
Big Tech's cautious AI outlook meets real money as global investors price in the bubble premium.
21:27
Brazil Convicts Militia-Linked Politicians in Marielle Franco Assassination
Supreme Court sentences Brazão brothers to 76 years each for ordering the 2018 murder of Rio councilwoman, ending eight-year fight against impunity.
21:10
AMD Bets $150 Million on Nutanix in Data Center Infrastructure Push
Chip giant deepens hyperconverged partnership with stock investment as it challenges Intel and VMware across enterprise markets.
20:57
Four Dead as Florida-Registered Speedboat Opens Fire on Cuban Border Patrol
Armed confrontation in Cuban territorial waters comes as Trump administration cuts island's oil supply and threatens military action in Latin America.
20:49
Four Dead After Florida Speedboat Firefight in Cuban Waters
Cuban border guards killed four and wounded six aboard US-registered vessel in contested maritime incident that risks inflaming Trump administration pressure campaign.
20:23
Idle US Rigs Find New Life Abroad as Shale Economics Force International Pivot
With domestic rig counts down 30% since 2022 and bonus depreciation phasing out, American drilling contractors are shipping equipment to Argentina and Saudi Arabia to…
20:21
Japan Arms Island 110km From Taiwan in Historic Military Pivot
Type-03 air defense missiles headed to Yonaguni by 2031 as Tokyo abandons post-war restraint and locks in collective defense pact with Washington.
19:46
UK Crypto ISA Promise Unravels as No Major Platform Will Offer Tax-Free Products
Treasury's flagship April deadline faces collapse after regulators failed to coordinate on Innovative Finance ISA requirement, leaving retail investors with no access to promised tax-advantaged…
19:42
Kalshi Fines MrBeast Editor $20,000 in First Public Insider Trading Case
Artem Kaptur's 'near-perfect' bet record on YouTube content markets marks prediction platforms' first enforcement against a social media employee.
19:36
Stanford Graduate With No Active Medical License Faces Senate Over Surgeon General Nomination
Casey Means, Trump's MAHA-aligned nominee, testifies amid scrutiny over incomplete residency training and alternative medicine advocacy.
19:30
Local Revolts Against AI Data Centers Block $96 Billion in Projects
Grassroots opposition to energy-hungry infrastructure is forcing states to implement moratoriums, threatening deployment timelines for Microsoft, Google, Amazon, and Meta as communities prioritize quality of…