The premium paid by high-yield debt falls to near pandemic-era lows.

The private-equity firm’s plan is part of a broader movement in the buyout industry to expand ownership beyond management ranks. 

Shares of Macy’s rose, while Lowe’s stock fell after the retailers reported results.

Investment giant Blackstone recently led a $7.5 billion deal backed by artificial-intelligence chips, the latest financing that looks to take advantage of the sector’s rapid growth.

The premium-headphone market is soaring while Sonos speaker sales are sagging, but the competition with Apple will be fierce.

Coinbase, Kraken and others are fighting for survival after a regulatory crackdown.