Credit and Debt

• Kevin Warsh, Trump’s Choice for Fed Chair, Could Find It Difficult to Deliver - Kevin M. Warsh, whom Mr. Trump tapped to become the next chair of the Federal Reserve, could face fierce resistance if he tries to pursue substantially lower borrowing costs.
• Record Debt in the World’s Richest Nations Threatens Global Growth - The cost of borrowing is already choking crucial public spending in many developing economies. Now it’s raising broader alarms.
• Bessent Attended a Supreme Court Argument. Now He’s Telling Powell Not to. - Treasury Secretary Scott Bessent said it was a mistake for Jerome Powell to attend arguments in a case on Fed independence. But Mr. Bessent attended a tariff case.
• I.M.F. Raises Forecast for Global Growth as Tariff Drag Fades - The 3.3 percent rate for 2026 would match last year’s pace. Booming investment in artificial intelligence is buttressing global output.
• Zelensky and Netanyahu Go to Mar-a-Lago, and Student Loan Borrowers Face New Reality - Plus, food trends coming in 2026.
• As A.I. Companies Borrow Billions, Debt Investors Grow Wary - Artificial intelligence companies looking to raise funds are being made to pay lofty interest rates, as debt investors become cautious.
• Private Equity, Saddled With Investments It Can’t Sell, Loses Its Luster - As funds deliver mediocre returns and sheds investors, the industry is struggling to unload 31,000 investments, an increase over this time last year.
• Paramount Says Money Is No Object. Warner Bros. Isn’t Convinced. - Larry Ellison is backstopping Paramount’s bid for Warner Brothers, but Warner Brothers is concerned that the billionaire has not provided a personal guarantee to pay.