Business News

Prominent Wall Street lender Blue Owl Capital reveals a series of issues contributing to its difficulties, as executives address concerns with investors.

Blue Owl Capital, a major private credit firm, has imposed withdrawal limits after investors tried to redeem $5.4 billion from two key funds amid crumbling confidence in the unregulated lending market.

The national minimum wage in the UK is rising this week, impacting over 2.7 million workers. Learn how the new pay rates will affect businesses and employees.

Mortgage rates in the U.S. have risen for the 5th consecutive week, hitting 6.46% and making homes less affordable for buyers. Explore the impact of global tensions on the housing market.

Despite industry-wide EV headwinds, Rivian reports 20% year-over-year sales increase and 30% production boost in Q1 2026, putting them on track for a historic year.

New government regulations aim to prevent

After a 24-hour walkout in March, the union representing CBS News streaming employees has reached a tentative 3-year contract agreement.

Tesla's Q1 deliveries rise just 6% YoY as cheaper models fail to boost sales, signaling a third straight year of declining sales for the electric vehicle pioneer.

Tesla's Q1 production rose 12.6%, but sales only grew 6.3% - signaling an overproduction issue for the EV maker. Explore the details and implications.

Tesla's Q1 2026 sales report shows a modest recovery, but analysts see concerning trends as the company faces Elon Musk's controversies and market shifts.