Business and Finance

Wall Street braced for a private credit meltdown. The risk is rising

The sudden collapse last fall of a string of American companies backed by private credit has thrust a fast-growing and opaque corner of Wall Street lending into the spotlight. Private credit, also known as direct lending, is a catch-all term for lending done by nonbank institutions. The practice has been around for decades but surged […]

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Cuba says 32 citizens killed in U.S. raid to arrest Venezuela’s Maduro

Cuba’s President Miguel Diaz-Canel delivers a speech as he flutters a Venezuelan national flag in support of Venezuelan leader Nicolas Maduro in Havana on January 3, 2026, after US forces captured him. President Donald Trump said Saturday that US forces had captured Venezuela’s leader Nicolas Maduro after bombing the capital Caracas and other cities in

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Starlink offers free internet in Venezuela after U.S. strikes, Maduro arrest

SpaceX headquarters is shown in Hawthorne, California, U.S. June 5, 2025. Daniel Cole | Reuters Elon Musk’s Starlink is offering free broadband internet service to users in Venezuela through Feb. 3, following U.S. airstrikes and the capture of ousted leader Nicolas Maduro.  The satellite internet provider said in a release on Sunday that service credits

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who controls its energy and what Maduro’s arrest means

The oil tanker “Minerva Astra” lies at anchor in Maracaibo, Venezuela, as protester with the Venezuelan flag approaches the vessel Dec. 17, 2002. Andrew Alvarez | Afp | Getty Images The arrest of Nicolás Maduro has thrown one of the world’s most politically fraught oil industries back into focus, forcing investors to reassess who controls

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Crude prices lower as Maduro overthrow casts uncertainty over Venezuela

A motorcycle passes in front of an oil-themed mural in Caracas, Venezuela on May 9, 2022. Nurphoto | Nurphoto | Getty Images Crude oil prices edged lower Sunday, as the overthrow of President Nicolas Maduro by the Trump administration has cast deep uncertainty over oil-rich Venezuela. U.S. crude oil fell 31 cents, or 0.54%, to

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Brent crude, WTI, Nikkei 225, Hang Seng index, oil

The skyline of Tokyo city, Japan. Tomohiro Ohsumi | Bloomberg | Getty Images Asia-Pacific markets were set to open higher Monday, after the U.S. attacked Venezuela and captured its leader Nicolas Maduro on Saturday, while oil prices edged lower amid uncertainty over the oil-rich country and risk premiums. Following the attack, Maduro and his wife,

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Trump pardon questioned after Venezuela attack

U.S. President Donald Trump gestures during a press conference following a U.S. strike on Venezuela where President Nicolas Maduro and his wife, Cilia Flores, were captured, from Trump’s Mar-a-Lago club in Palm Beach, Florida, U.S., January 3, 2026. Jonathan Ernst | Reuters The Trump administration is facing renewed questions over its recent pardon of former

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Large part of Maduro’s security team killed in U.S. action

31 July 2024, Venezuela, Caracas: Venezuelan Defense Minister Vladimir Padrino Lopez stands during a press conference with Venezuelan President Maduro at the Miraflores presidential palace three days after Maduro’s controversial re-election. Jeampier Arguinzones | Picture Alliance | Getty Images A large part of erstwhile President Nicolas Maduro’s security team was killed in the U.S. raid

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