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Private credit firms can still whiff if algorithms do the work, but the onus is on them. Lenders are leaning on artificial intelligence to score borrowers, monitor portfolios, and automate workflows that once took analysts weeks. Momentum is only building: More than half of private credit portfolio managers—54%—plan to deploy AI in underwriting, according to…
Key Points The transaction involved the disposition of 31,522 shares for an estimated value of ~$1.1 million on August 22, 2026. The CEO traded shares equal to 9% of the stake held before the filing. The disposition was executed entirely through direct ownership and involved common stock. The sale was non-discretionary, executed to cover tax…
A “For Sale” sign outside of a home in Marana, Arizona, US, on Wednesday, Aug. 5, 2026. Rebecca Noble | Bloomberg | Getty Images Mortgage interest rates moved even higher last week, causing demand for loans to weaken yet again. Total mortgage application volume dropped 1% from the previous week, according to the Mortgage Bankers…
The S&P 500 Index ($SPX) (SPY) closed up by +0.32% on Tuesday, the Dow Jones Industrial Average ($DOWI) (DIA) closed up by +0.30%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up by +0.64%. E-mini S&P futures (ESU26) rose +0.30%, and September E-mini Nasdaq futures (NQU26) rose +0.63%. Stock indices settled higher on Tuesday, supported by weakness in crude…
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EFG International’s Dubai Advisory Office opened in 2019. Credit: Tang Yan Song/ Shutterstock.com. EFG International has appointed Ranjit Khanna as CEO of its Dubai Advisory Office, effective immediately. Khanna will oversee the next phase of the office’s development in Dubai, as the bank deepens its operations in the Dubai International Financial Centre and across the…
1 min read Last Updated : Aug 24 2026 | 6:10 PM IST The income tax department on Monday nudged taxpayers with business or professional income who are not subject to audit to file ITRs for AY 2026-27 before August 31. Till August 20, over 2 crore ITR 3 and 4 were filed…
As today’s consumer confidence reading from The Conference Board shows, metrics can be complicated. They may be holding in a narrow range, but household finances are moving in a less stable direction. The August 2026 PYMNTS Consumer Expectations Index (PCEI) finds that the overall index slipped 0.8 points to 54.8, still within the 53-to-57 band…
The combination will expand Israel-based Nayax’s reach by adding the 250,000 parking spaces San Diego-based IPS controls in the U.S. and Canada, as well as in the United Kingdom and Ireland. The locations include city street spaces as well as college-campus and commercial slots. IPS manages the spaces through smart meters, which can handle digital…
IRS CEO Frank Bisignano met with tax professionals from the New York area during the IRS’s Nationwide Tax Forum in New York City. Processing Content The attendees at last week’s forum included members of the New York State Society of CPAs as well as Enrolled Agents and other tax practitioners. Bisignano and tax professionals discussed…