Mark Attanasio Talks Private Debt, Sports; BI on Cable

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Third Point Is Looking to Buy as Others Sell Amid Rising Turbulence

Third Point is getting ready to scoop up credit assets that others have to sell to raise liquidity as cracks in the market spread. “This is probably one of the most exciting times to be a credit investor,” Shalini Sriram, the hedge fund’s head of structured credit, tells Bloomber ...  Show more

How to Position for a Long War in Iran

Consumer discretionary companies are at risk of downgrades and default if the war in the Middle East drags on, according to Bloomberg Intelligence. “We’ll definitely see a bunch of companies that have been holding on finally shake out,” Jody Lurie, a BI credit analyst focused on ...  Show more

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ConocoPhillips to Acquire Marathon Oil in $17 Billion Deal
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Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg News Anchor Alix Steel reports on ConocoPhillips agreeing to acquire Marathon Oil in an all-stock deal valuing the company at about $17 billion, extending a major buying spree among the largest player ...  Show more

Minutes Show Officials Rallying Around Higher-for-Longer Rates
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Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg News International Economics & Policy Correspondent Michael McKee reports on Federal Reserve officials earlier this month coalescing around a desire to hold interest rates higher for longer and “many” ...  Show more

Understanding the Collapse of Sam Bankman-Fried's Crypto Empire
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The collapse of the Sam Bankman-Fried empire is gigantic, sprawling and fast moving. While details are still coming out, it already ranks among the most prominent corporate disasters of all time and has left the entire crypto community reeling. To better understand the role that ...  Show more

US Retail Sales Barely Increase in Sign of Consumer Strain
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Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg News Economics Editor Molly Smith and Bloomberg News Rates Reporter Michael Mackenzie break down news that US retail sales barely rose in May and prior months were revised lower, pointing to greater f ...  Show more