Nathan Hager

Carlyle Group is down 2%, with its flagship tactical private credit fund, SeaTac, has been hit with 15.7% in redemption requests.

It is the latest in a stream of private credit funds that have been hit by worries over AI disruption.

Round one of the Masters underway in Augusta.

At last check, Jose Maria Oladabal and Sam Burns were tied atop the leaderboard, two under par.

Major League Baseball's average salary rose 3.4% on opening day to a record $5.34 million.

That's according to an Associated Press study.

Mets outfielder Juan Soto is the highest paid player for the second straight season at $61.9 million, followed by Yankees outfielder Cody Bellinger and Phillies pitcher Zach Wheeler and Mets third baseman Beau Bichette tied for third.

That's news when you want it with Bloomberg News Now.

I'm Nathan Hager.

This is Bloomberg.

News when you want it with Bloomberg News Now.

I'm Nathan Hager.

Day two of the ceasefire between the U.S.

and Iran is looking tenuous.

Both sides are accusing each other of violating the truce, even as direct talks are still expected to begin this weekend in Pakistan.

Golnar Motavali leads Bloomberg's Iran coverage from London.

Bloomberg's Golnar Motavali reports Iran's president's calling negotiations meaningless if Israel continues to attack Lebanon.

The U.S.

says that was never part of the deal.

And White House economic advisor Kevin Hassett says he does not expect it to derail talks.