MarketWatch

Investors are becoming increasingly nervous about problems mounting in the $3 trillion private credit market where some creditworthiness is deteriorating in some sectors and truthful valuations are hard to ascertain.

The good news is that low-income workers taking out hardship withdrawals are still saving, thanks to auto-enrollment.

The software giant will conduct $25 billion worth of accelerated share repurchases after management previously signaled that the stock is too cheap.

Shares of Petco Health & Wellness jumped after hours on Wednesday after the pet-supplies retailer said it expects sales to rebound this year, as efforts to overhaul its store selections and lean more into services like dog grooming and training are starting to pay off.

The largest-ever release of oil from the International Energy Agency’s emergency stockpiles lifted prices for the commodity up by nearly 5% on Wednesday.