President Trump recently picked EJ Antoni to lead the Bureau of Labor Statistics (BLS). This choice has sparked a lot of debate. Some people, like Steve Bannon, think Antoni is a great fit. Others, like Jason Furman, believe he lacks the right experience. The main concern is whether Antoni can keep economic data honest and accurate. Right now, economists are worried...

Jamie Dimon, the head of JPMorgan, has expressed concerns about the rapid growth of private credit and its potential to trigger another financial crisis. He has compared it to the risky lending practices that led to the Global Financial Crisis. However, not everyone agrees that private credit is as risky as Dimon suggests. Private credit is a type of lending that is...

Affirm Holdings, a popular buy now, pay later company, just scored a massive deal. Private credit firm Sixth Street is investing $4 billion over the next three years to help Affirm make more loans. These loans are typically for four to six months, and the deal could lead to over $20 billion in loans over time. This is good news for Affirm, as it means more people can...