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 ...

The risky lending practice known as “private credit” is creating challenges for banks and investors, and the impact is being felt far beyond Wall Street. Private credit emerged in the 1980s as a niche ...

Investors have worried about who would get hit if there’s a private credit bust. Many on Wall Street think the pain goes further than the lenders. By Andrew Ross Sorkin Bernhard Warner Sarah Kessler ...

Veteran investor Howard Marks said he doesn't see a widespread problem brewing in private credit, but warned that the sector's rapid expansion over the past 15 years could expose weaker lenders when ...

Such signs should be on the walls of financial advisors' offices, similar to “do not operate” placards around heavy machinery in factories. Their purpose would be to alert advisors’ clients - who ...

In a well-circulated report this month, UBS researchers estimated up to 35% of private credit portfolios faced elevated risk of AI disruption. They pointed to the fact that technology firms account ...

Seattle has officially launched the tap-to-pay feature for public transportation, an alternative to the ORCA card. With tap-to-pay, Seattle joins other major cities that already allow riders to use ...

Credit card companies are constantly touting the benefits of their rewards programs, promising free flights, airport lounge access, exclusive restaurant reservations, and more for customers who choose ...

If enacted, President Donald Trump's proposal for a temporary 10% cap on credit card interest rates could change many policies for borrowers. Among them: how issuers decide to value credit card points ...