Private credit has surged in popularity since post-financial crisis regulations discouraged banks from serving riskier borrowers. JPMorgan Chase CEO Jamie Dimon warned after a pair of private ...
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Troubles at First Brands Group last September stoked concerns about the private credit market. Despite the warnings, capital has continued to flow in private credit funds. TPG in December closed more ...
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Reviving a campaign pledge, President Donald Trump wants a one-year, 10% cap on credit card interest rates, a move that could save Americans tens of billions of dollars but drew immediate opposition ...
President Donald Trump said that he was calling for a 10% cap on credit card interest for one year. The president cannot unilaterally cap credit interest rates; it would require an act of Congress.
President Donald Trump announced Friday he is calling for a one-year cap limiting credit card interest rates to 10%. Trump blamed the Biden administration for allowing rates to rise as high as 20–30%, ...
Risk concerns and falling interest rates are top of mind for many nonbank lenders as the private-credit industry looks to the year ahead. In 2025, credit-fund managers had to contend with high-profile ...
Aston Villa registered a 2-1 victory at Basel in the Europa League on Thursday, securing at least a play-off spot as a result. Evann Guessand opened the scoring in the 12th minute, striking a low shot ...
A measure of Oracle Corp.’s credit risk climbed on Wednesday after the database company posted a jump in spending on data centers and other equipment, raising fresh doubts about how quickly it can ...
Has the Next Gen car made racing better? That’s what Commissioner Steve Phelps claimed in the NASCAR trial this afternoon. Phelps backed the Next Gen as an improvement on previous designs. The NASCAR ...