By Patturaja Murugaboopathy June 5 (Reuters) - Private credit's rapid expansion is losing momentum, with U.S.-focused direct lending issuance slowing in recent months and fundraising still below its recent peak, industry data shows. PitchBook data indicates new loan issuance by private credit lenders fell to $44.76 billion in the three months ended May 2026, down about 40% from $74.56 billion...

08:59 AM EDT, 06/05/2026 (MT Newswires) -- The Canadian labor market sparked back to life in May, with the 88,000 gain in jobs well above consensus expectations and taking the unemployment rate back down to 6.6%, said CIBC after Friday's Labour Force Survey (LFS). Job gains were driven by full-time work, with the sector breakdown showing particularly strong growth in...

Omaha, Neb, June 05, 2026 (GLOBE NEWSWIRE) -- Carson Group, a leading wealth advisory firm with over $58 billion* in assets under management (AUM), today announced the acquisition of Jackson Wealth Management, which selected Carson Group as its strategic partner as the firm enters the next phase of growth and expansion. The Lake Mary, Fla.-based firm manages over $1.1 billion in client assets and joins Carson from Osaic, transitioning as an integrated Carson Wealth office.  Founded...

08:30 AM EDT, 06/05/2026 (MT Newswires) -- Amneal Pharmaceuticals ( AMRX ) said Friday that interim results from its phase 4 study of Crexont to treat Parkinson's disease demonstrated substantial clinical benefit after patients switched to the drug from Rytary. The biopharmaceutical company, which also owns Rytary, said Crexont provided significant increases in Good On time, and reductions in Off...