Salmon is targeting underbanked Filipinos, with little to no credit history, as well as people unhappy with the incumbent ...
JPMorgan Chase CEO Jamie Dimon, the man who warned about cockroaches in the regional-banking system, sees a potential “skunk at the party” in 2026 that could lead to a recession and a bear market for ...
Some developing country governments spend years making the reforms that international financial institutions want—only to find that their efforts are not rewarded. They may make budgets more ...
The Universal Waste Management System aboard the Orion capsule is an innovation in deep space toiletry (it seems to be fixed now). By Katrina Miller While in orbit around Earth, the Artemis II crew ...
Private credit is a $450 billion market that has grown exponentially in recent years, as investors have been chasing high returns. Now, though, a whole raft of problems have developed — from an ...
Valued at approximately $3 trillion, the private credit industry is showing signs of distress as investors rush to withdraw their money from their funds. Much of this shift is attributed to outside ...
Private credit funds lent a lot of money to software companies at the beginning of the decade when they were being snapped up in a rush of expensive buyout deals. Now many of these tech businesses are ...
States that have legalized sports betting have seen a rise in delinquency rates on consumer credit products and a decrease in credit scores, according to a new report from the Federal Reserve Bank of ...
Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it’s us, Joe Weisenthal and Tracy Alloway, bringing you our thoughts on the most recent ...
Investors are increasingly yanking their money from private credit funds that lend directly to businesses on worries that could unfortunately become all of our worries, whether we’re trading stocks or ...
When Blue Owl executives sold $1.4 billion in private loans last month so that individual investors could cash out of one of its big funds, a slice of the debt suddenly became Doug Ommen’s problem. As ...
Mohamed El-Erian sees a dangerous chain of events potentially emerging from the private credit sector. The famed former invesment chief of PIMCO laid out how he sees a crisis unfolding as liquidity ...