Monster typhoon bears down on US-controlled islands

A deadly storm struck two U.S. territories in the western Pacific Ocean on Tuesday, bringing high winds and deadly flooding. Typhoon Sinlaku was downgraded to a super typhoon early Wednesday local time as it impacted the Northern Mariana Islands, according to the latest advisory from the National Weather Service (NWS) in Guam. … Source link

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Separate private credit ‘signal from the noise’

A version of this article appeared in CNBC’s Inside Alts newsletter, a guide to the fast-growing world of alternative investments, from private equity and private credit to hedge funds and venture capital. Sign up to receive future editions, straight to your inbox. Fears of rising defaults and a systemic crisis from private credit don’t reflect the underlying…

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