Passers-by stopping at flower tributes on Dublin's Henry Street expressed their shock on Wednesday (May 20)  after the death ...

EDITOR'S NOTE: With Santa Monica officially under fiscal distress, a local hotel owner and a restaurant manager shared reaction with multimedia journalist Chace Beech, while Mayor Lana Negrete broke ...

This paper presents an updated version of the Laeven and Valencia (2013, 2020) database on systemic banking crises, extending the coverage through 2025. The update incorporates new episodes, while ...

Blue Owl Capital's (OWL) announcement this week that it would sell $1.4 billion in loans to raise liquidity for investors in a retail-focused private credit fund has triggered alarm bells across ...

Learn what NINJA loans are, their risks, and their role in the 2008 crisis. Discover their current status in lending and why ...

Blue Owl Capital and its BDC OBDC exemplify the rapid growth and leverage-driven returns in private credit. OBDC's 11% ROE is largely fueled by leverage; unlevered returns would approximate high-yield ...

When it comes to understanding the economy, the pull of the past is hard to ignore. Cause and consequence are difficult enough to parse in real time. How about predicting a sequence of events? Near ...

Private credit is a top vulnerability in the global economy, but comparisons to the financial crisis of 2008 are misplaced, the top IMF official watching over financial markets said in an interview ...

Uncertainty over which banks had large losses from underwater subprime mortgage securities led to the collapse of Lehman Brothers in 2008. Private credit is a top vulnerability in the global economy, ...

An American flag flies above signage outside U.S. Postal Service headquarters in Washington, D.C., on Aug. 17, 2020. Reporter The U.S. Postal Service announced on Thursday that it’s pausing its ...

The U.S. Postal Service has temporarily suspended payments to workers' retirement plans, citing the agency's ongoing financial woes. The Postal Service told the Office of Personnel Management the ...

The United States Postal Service is suspending employer pension contributions for workers beginning Friday, citing a looming cash shortfall, the agency announced Thursday. The move, which affects the ...