The Reserve Bank of Australia has warned that several upside risks to inflation are beginning to materialise, with Governor Michele Bullock pointing to renewed energy-price pressure, the global AI investment boom and persistent domestic capacity constraints ahead of the central bank’s September rate decision. Bullock told the House of Representatives Standing Committee on Economics on…
Home Private Credit Fed Rate Hike Squeezes an Already Stressed Private Credit Sector Fed rate hikes threaten to further strain direct lenders as private credit default rates hit record highs. The private credit industry keeps insisting it’s fine. The data keeps suggesting otherwise, and Wednesday’s interest rate hike from the Federal Reserve isn’t going to…
Tata Group companies lost roughly $3.2 billion in market value on Friday as investors reacted to a widening dispute over the future of holding company Tata Sons, including its potential public listing and the leadership of chairman N. Chandrasekaran. The selloff affected several listed Tata businesses. Tata Chemicals fell by around 8% in intraday trading,…
Really like the intent here. Apply a style when someone navigates from one specific page to another. The idea being it’d make the sources for cross-document view transitions declarative in CSS rather than managing that stuff in JavaScript. Bramus has a hypothetical example as this feature is fleshed out: Define the @location, i.e., the URLs…
By Martin Schori That’s probably where this ends up, but we’re just not there yet. ChatGPT has been around for nearly four years now, and it’s striking how small the real leaps have actually been. “It must be so different working in a newsroom today compared to a few years ago,” is another question I…
Most people know, at least in theory, that carrying credit card debt is expensive. But the bigger problem often starts earlier than the interest charge. It starts when a credit card quietly changes jobs. A credit card is supposed to be a payment tool. For a lot of households, though, it becomes an income substitute….
MUNI means “to reflect” in Filipino, and, serendipitously, the word is also contained within the heart of “community.” MUNI is a scale-up: it builds on the success of Rappler Communities, the app launched by the independent Philippines news outlet three years ago. While Rappler+ is an exclusive, paid membership forum, Communities is free and open…
Investors, though, continue to debate the true cost of owning private credit funds. This article appears in the September 2026 issue of Global Finance Magazine. *Reflects 2021, 2022, and 2024 vintages; 2023 was not reported by Preqin. Trough-period mean shown at the midpoint of Pregin’s reported 1.25%-1.32% range. Source: Pregin, Private Credit in 2026. For…
At the Venice Film Festival earlier this month, the documentary NAZA received a 25-minute standing ovation. In Israel, it’s all anyone’s talking about, even though few have actually seen it. Made by two Israeli filmmakers, Rachel Szor and Yuval Abraham, the movie takes place on the rooftops of Tel Aviv, where 24 anonymous Israeli intelligence…
Since its inception in 2018, World News Day has advocated for journalists and newsrooms to tackle the crisis of trust by showing their worth. In fact, the inaugural event featured citizens whose lives had been positively impacted by investigations sharing their stories alongside the journalists who reported on it. As journalism’s existential crisis has deepened,…