Is It Time to Worry About Private Credit?

Private credit’s risks are real but not systemic, the Pentagon is preparing for climate change it doesn’t believe in, and Riz Ahmed remakes Hamlet.

Traders work on the floor of the New York Stock Exchange on April 16, 2026.Photographer: Michael Nagle/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Kira Bindrim

April 18, 2026 at 8:00 AM UTC

Welcome to the weekend!

Stefan Pildes, founder and organizer of a noteworthy annual event in New York, was arrested this week on charges that he stole more than half of the $2.7 million the event has raised for charity since 2019. Which event is it? Find out with this week’s Pointed quiz.