Private credit risks may trigger wider crunch; Fed’s Michael Barr warns of ‘psychological contagion’

US Federal Reserve Governor Michael Barr has warned that stress in the fast-growing private credit market could trigger “psychological contagion” and spill into the broader financial system, Reuters reported citing an interview with Bloomberg News.Barr said direct links between banks and private credit firms do not currently appear “super worrisome”, but other areas such as…

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Watch: Flames engulf prominent Ukrainian monastery after fresh Russian strikes in Kyiv; 4 killed, 23 injured

Pechersk Lavra monastery on fire A prominent monastery in Ukraine’s capital Kyiv, seen as a symbol of the country’s spiritual and cultural history, caught fire, in the heaviest Russian air strikes on the city in two weeks, authorities said on Monday, urging residents to take shelter.Central Kyiv’s Pechersk Lavra monastery, a UNESCO World Heritage Site…

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Lamine Yamal separated from Spain squad ahead of World Cup final as federation issues update on fitness | Football News

Lamine Yamal’s separate training session raises World Cup final fears as Spain issue update/ Image: X Spain have moved to ease concerns surrounding Lamine Yamal’s fitness ahead of Sunday’s 2026 FIFA World Cup final against Argentina after the teenage star trained separately from the main squad during the team’s first session in New Jersey.Images of…

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Choosing a preschool? Expert recommends asking these 10 questions during a school tour before you decide

Choosing a preschool is one of the first major decisions parents make for their child, and the experience can feel overwhelming. During a school tour, it is easy to be impressed by colourful classrooms, attractive infrastructure, smart boards and well-designed activity areas. While these features certainly contribute to the overall environment, they do not always…

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Nilekani’s Fundamentum launches Rs 2,200 crore Fund III | Bengaluru News

BENGALURU: Fundamentum Partnership, the growth-stage investment firm co-founded by Infosys co-founder Nandan Nilekani and veteran entrepreneur-investor Sanjeev Aggarwal, has launched its third fund with a target corpus of Rs 2,200 crore, including a Rs 400 crore greenshoe option.Nilekani will anchor the fund as a limited partner (LP). Fundamentum said this marks his largest commitment to…

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