Fourth-quarter private credit defaults increased to 2.7% from 2% the previous quarter, according to Proskauer’s Private Credit Default index that tracks senior secured and unitranche loans in the U.S.

With just two weeks left in the quarter, the Magnificent Seven are tracking for the worst performance against the S&P 500 since the fourth quarter of 2022. On Tuesday, Meta became the last of the ...

During the fourth quarter of 2024, we recorded pre-tax expenses of $0.1 million for an accrual for legal and regulatory matters related to the 2017 cybersecurity incident, an $11.6 million loss ...