Investors have been feverishly pushing up Wayfair’s stock despite the company’s growing losses, worsening free cash flow and surging marketing

Credit businesses have helped drive the private equity industry’s expansion but things could get awkward when companies hit trouble.

South Africa’s rand has already performed strongly this year, while President Jacob Zuma’s departure may help keep the country’s bonds in an elite

The past decade has seen a flood of capital into hard-to-see, less liquid assets, transforming the scale and scope of the private-equity firms

Big private-equity firms can now behave like old-fashioned investment banks, using their own balance sheets to move quickly, make big bets and earn

The health-care industry is in the throes of a major shake-up. That creates a situation in which companies face a greater risk by standing pat than