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Leading credit CEOs discussed AI's potential impact on software-heavy private credit and leveraged loan markets, seeing it as driving greater dispersion rather than broad disruption. They agreed current stresses pose no systemic risk, with differing outlooks on software defaults.
thehindubusinessline.comU.S. stocks experienced declines during choppy trading on April 24, 2026, as expectations faded for a rapid resolution to the ongoing war with Iran. Investors also reacted to a variety of corporate earnings reports. Additionally, renewed worries emerged regarding disruptions caus…
SemaforKevin M. Warsh, President Trump's pick for Federal Reserve chair, testified before a Senate panel, denying any deal on interest rates and emphasizing independence. He described AI as a major economic disruptor and opposed a central bank digital currency. Separately, Rep. Tim Burc…