The new Fed leader is stepping into a difficult situation. Oil prices are climbing toward $100, and the market worries that this will keep inflation high. Private‑sector loans are also under pressure, especially those given to tech firms that could lose value if artificial intelligence changes th
Big life insurance firms in Japan are still planning to boost their private loan holdings next year, even though worries about the sector’s health are rising. A recent survey shows that Nippon Life, Meiji Yasuda and Dai‑ichi Life have decided to stick with their current investment strategies. Sumito
The new federal tax bill offers a $1, 700 credit for people who give money to groups that hand out scholarships. Minnesota can choose to adopt the rule, but only if it wants its residents to benefit from it. House Republicans have pushed the state to sign up, threatening to pull back support for bu
JPMorgan has tightened its lending rules for private credit groups, trimming the value of certain loans that these funds use as collateral. The bank’s move signals growing caution among traditional lenders toward the fast‑growing private credit market, especially when backing software companies that
JPMorgan Chase has lowered the value of loans it holds as collateral, mainly those given to software companies, in its private‑credit financing arm. The change means that firms using these loans for “back‑leverage” will have less room to borrow and may need to lock up more assets. The bank’s move
New York parents feel uneasy about Mayor Mamdani’s plan to end gifted programs for kindergartners in public schools. The move has sparked a surge of interest in private schools, where parents already invest heavily in tutoring and networking to secure spots. Some families have formed online groups t
A major private‑credit fund has recently opened a door for investors to pull out almost 8 % of its holdings, a move that signals growing nervousness in the sector. The withdrawals amount to roughly $3. 8 billion, and the firm is honoring them by enlarging a tender offer it had already announced.
Bolour Associates Inc. , a private real‑estate firm based in Beverly Hills, has hired Jason Huang as associate director of debt originations. He will find and move forward new loan projects for the company’s lending platform, acting as the main link between brokers, borrowers and the internal teams
The world of private lending is facing a new storm, and a well‑known investor has stepped forward to warn about the danger. At a global conference in Miami, the founder of a prominent investment firm spoke sharply about how one troubled fund could signal larger problems in an industry worth $1. 8 tr
In recent months, the private credit market has faced a series of shocks that reveal deep cracks in its foundation. The first blow came in September when two auto‑parts and auto‑lending firms, First Brands Group and Tricolor Holdings, both filed for bankruptcy. Their failures highlighted how much pr
