Carlyle CEO Says Credit on ‘Worry List,’ But Sees Resilience

This weekend, Oracle Red Bull Racing clinched pole position at the United States Grand Prix, showcasing their impressive performance in Formula One. In a conversation with Bloomberg's Dani Burger, Carlyle CEO Harvey Schwartz and Red Bull Racing Team Principal Laurent Mekies highlighted the significance of their partnership and the recent successes on the track. This achievement not only underscores the team's competitive edge but also reflects the growing influence of strategic partnerships in the high-stakes world of motorsport.

Costco has made a notable change for its Executive members by introducing a new, valuable perk that wasn't widely advertised. This shift is significant as Costco rarely alters its benefits, focusing primarily on its merchandise. The addition of this perk not only enhances the membership experience but also reflects Costco's commitment to providing added value to its loyal customers.

Walmart has introduced a cordless stick vacuum priced at just $55, which boasts a performance that many claim lasts longer than its more expensive competitor, Dyson. With over 2,400 shoppers giving it a five-star rating, this vacuum is not only affordable but also highly rated, making it a great option for those looking for quality without breaking the bank.

Tensions have escalated between the U.S. and Colombia after President Trump labeled Colombian President Gustravo Petro a 'drug leader' in a recent social media post. This statement comes on the heels of a U.S. strike that resulted in the deaths of three Colombians, raising concerns about the implications for U.S.-Colombia relations and the ongoing fight against drug trafficking. Such remarks can strain diplomatic ties and complicate cooperation on critical issues.

Jensen Huang, the CEO of Nvidia, expressed deep concern over the company's drastic drop from a 95% market share in China to zero. He emphasized the importance of reconsidering policies that could harm international relations and the tech industry. This situation highlights the potential consequences of restrictive policies on American companies and the broader implications for innovation and competition in the global market.

The opinion piece discusses the implications of increasing deposit insurance, arguing that it could lead to greater moral hazard and increased risk for taxpayers. This matters because it raises concerns about the stability of the banking system and the potential burden on taxpayers if banks take on excessive risks.

Rashee Rice made a remarkable return to the field, leading the Kansas City Chiefs with seven catches in their first game of 2025 against the Las Vegas Raiders. His performance included two touchdowns and a stunning no-look pass, showcasing his skills and contributing to the team's dominant victory. This not only highlights Rice's talent but also sets a promising tone for the Chiefs' season ahead.