Private Credit Defaults Just Hit a Record High

Private credit defaults have officially reached a record. According to Fitch Ratings, the default rate rose to 6.3% in August, exceeding the previous record set only one month earlier. But the most important number may not be 6.3%. It may be Fitch’s 45%. And that reveals the bigger story, one about liquidity and tightening.

George Soros named worlds most generous billionaire

It’s another banner year for America’s ultra-rich, with the 400 wealthiest Americans’ fortunes skyrocketing by $1.4 trillion over the past 12 months—a 21% increase. https://www.forbes.com/sites/gigizamora/2026/09/16/americas-400-richest-people-have-donated-just-4-of-their-wealth-to-charity/ Not surprised, just proud. Congrats again to the GOAT, George Soros, on being named the most generous Forbes 400 member for the seventh straight year. https://www.forbes.com/sites/gigizamora/2026/09/16/americas-400-richest-people-have-donated-just-4-of-their-wealth-to-charity/ Not surprised, just proud. … Read more

South Carolina is America’s foreclosure hotspot as it recorded the highest rate of filings relative to the size of its housing market in August

South Carolina is America’s foreclosure hotspot – dethroning Florida – as it recorded the highest rate of filings relative to the size of its housing market in the month of August. The state had one for every 1,547 housing units, according to data from real estate analytics firm ATTOM. That put South Carolina ahead of … Read more

Two world leaders extremely sick after the BRICS meeting in India

South African President Cyril Ramaphosa has withdrawn from public engagements after returning from the BRICS summit in India, his office said on Wednesday, citing ill health. Ramaphosa, 73, returned from New Delhi on Monday and was advised by his doctors to rest and recover. His absence comes as Deputy President Paul Mashatile continues recovering from … Read more

House Republican Turns on Trump in Stunning Campaign Ad: Hispanics Who Elected You Feel ‘Betrayed’

NEW: Rep. Maria Elvira Salazar (R-FL) just rolled out a straight to camera ad breaking with Trump. "Mr. President, some of your immigration enforcement efforts have gone too far….The same Hispanics who helped you get to the White House in 2024 feel betrayed today" pic.twitter.com/uxPeLaittt — Shane Goldmacher (@ShaneGoldmacher) September 17, 2026 Rep. María Elvira … Read more

Walmart starting locking up the icecream!

Walmart starting locking up the icecream. byu/The_Trash_Bear inmildlyinfuriating Factcheck: Not a company-wide freeze-out. One Anchorage Walmart put locks on Häagen-Dazs this week. Other pints in the same freezer sat open. Some of those were pricier. Shopper posted it. Local theft and tampering talk, not a HQ memo. Walmart has locked high-theft stuff for years. Ben … Read more

Whatever China floods, it wrecks.

China grew 25 times more blueberries in 2025 than in 2010. It passed the US in 2021 and now grows double what America does. Then prices crashed by half. This is the China playbook: flood a sector with state money, copy the technology, and grind the profit to zero for everyone in… pic.twitter.com/EmxcoB1S5M — Kurt … Read more

Joe Rogan is demanding Americans let “artificial intelligence” run the US government, because the AI would stop all wars

AI is used as a scape goat. It always does what it’s told to do. You cannot prove otherwise. Joe Rogan: “My hope is as AI becomes more omnipresent, as we start farming off various tasks to it, one of the things we’re gonna farm off is government, how we interact with other countries. I … Read more

Ilhan Omar asked about marrying her brother.

“HE’S BEEN SAYING SOME DUMB SH*T LIKE YOU.” ILHAN OMAR GOES AFTER TOM HOMAN WHEN CONFRONTED OVER BEING UNDER INVESTIGATION LindellTV’s @Alisonintheknow confronted Rep. @Ilhan Omar over @RealTomHoman confirmation of an investigation involving allegations of immigration and… pic.twitter.com/6FbmLDQDYt — LindellTV (@RealLindellTV) September 16, 2026

FDA warns recalled hand soaps may contain harmful bacteria

Affected Products: Over 40 hand soap brands including Assured, Blumen, DermaRite, KleenFoam, SofCare are recalled across multiple states. Health Risks: Products may contain Pseudomonas and Serratia bacteria, which can cause infections like pneumonia or urinary tract infections, especially in people with weakened immune systems. Consumer Action: Stop using the soaps, discard them, and contact the … Read more

Hyperscaler debt signals warning sign, Apollo cautions

Corporate debt issued by the giant cloud computing players powering the artificial intelligence boom is getting riskier, private equity firm Apollo Global Management warned on Wednesday. Risk insurance contracts, known as credit default swaps, or CDS, for bonds issued by hyperscalers are getting pricier, and it’s not because banks are hedging more of their bets … Read more

SEC Issues “Innovation Exemption” to Facilitate the Trading of Tokenized NMS Stock and Request for Comment

For Immediate Release 2026-90 Washington D.C., Sept. 17, 2026 — The Securities and Exchange Commission today issued an order granting temporary, conditional exemptive relief to Tokenized Securities Venues each a “TSV” from the definition of “exchange” in the Securities Exchange Act of 1934 (Exchange Act) to trade tokenized National Market System (NMS) stock using innovative … Read more

Hundreds of Palm Beach County residents face threats of expulsion from a public hearing for speaking out against the County’s massive investment in Israel bonds, which amounts to a Billion dollars

Hundreds of Palm Beach County residents face threats of expulsion from a public hearing for speaking out against the County's massive investment in Israel bonds, which amounts to a Billion dollars byu/McDowdy inPublicFreakout after the January 2026 purchase, the Palm Beach Clerk’s office described the $1 billion position as the “most significant investment in Israel … Read more

Trump’s people sat with the Houthis. That is not a signed promise to abandon Saudi.

BREAKING: Trump made a deal with Yemen’s Houthis in a secret meeting, promising not to strike seized Houthi-held territory or support Saudi Arabia and Saudi-backed forces in any form, in exchange for keeping the Bab el-Mandeb open to shipping, except to Saudi vessels, per… — The Hormuz Letter (@HormuzLetter) September 16, 2026 Factcheck: The Muscat … Read more