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Sep 11, 2026
In 2023 it bought $430. The failures it insures against are at a 13-year high.
Sep 10, 2026
On August 3 a rule changed, and the building started getting underwritten instead of the buyer.
Sep 9, 2026
Then it lost 30% of its funding in ten days, and got an unlimited guarantee anyway.
Sep 8, 2026
Plus Dutch pensions leaving the long end, new jets stripped for their engines, and packers losing $250 a head.
Sep 5, 2026
Federal officials projected 17,000 arbitration cases a year. Providers filed 2.6 million.
Sep 4, 2026
Diesel costs 37% more than gasoline. A year ago the gap was 56 cents.
Sep 3, 2026
$481 billion of bonds graded in private letters nobody outside the deal will ever see.
Sep 2, 2026
Twenty years of unpriced credit ended on July 1. What's arriving instead has a credit-score floor of 670.
Sep 1, 2026
A few coins in a cupboard. In India, that chain is a credit line, and the whole book just doubled.
Aug 30, 2026
Taiwan's life insurers hold $700 billion abroad. Under half of it is protected now.
Aug 29, 2026
A family name on the sign, a private credit fund on the loan documents
Aug 28, 2026
A state agency lent its tax exemption to a train, and owes nothing if it fails
Aug 27, 2026
Four years after Congress opened the door, under 1% of the file has moved.
Aug 25, 2026
$50,000 today. $76,491 in three years, even after a 30% drop.
Aug 21, 2026
Hilton Grand Vacations holds $3.97 billion in loans it wrote itself. It expects to lose a third.
Aug 19, 2026
When a loan inside the bond goes bad, the seller buys it back at a hundred cents.
Aug 18, 2026
$5.7 billion of debt against a chain that has closed 8,345 restaurants.
Aug 14, 2026
Small business bankruptcy filings rose 50%. Big-bank credit data says everything is fine.
Aug 12, 2026
The banks say 1.34%. The government's own small-business book says 4.8%. Both are right.
Aug 11, 2026
Prime borrowers are defaulting on their panels five times faster than on their cars.
Aug 7, 2026
It isn't the government and it isn't a bank anymore — plus Taiwan, student loans, value vs growth.
Aug 5, 2026
The law used to require enough money for a one-in-a-hundred-year hurricane. In June it became one in fifty. Rates were frozen in exchange. The hurricanes weren't consulted.
Aug 4, 2026
That's the American farm sector this year — alongside record debt, a record interest bill, and a lender whose bad loans have tripled.
Jul 31, 2026
So the richest school on earth borrowed $2.5 billion instead. Its private equity portfolio fell 31.6% over the following year.
Jul 29, 2026
One dollar in every ten American banks lend now goes to another lender. Fifteen years ago it was less than one in a hundred.
