What is private credit, and should we be worried by the collapse of US firms?

The surge in car repossessions in the U.S. is raising alarms on Wall Street, as more Americans struggle to keep up with auto loan payments. This trend not only highlights the financial strain many are facing but also poses potential risks to the broader economy. The recent failures of Tricolor, a used car seller and sub-prime lender, along with First Brands, an auto parts supplier, have intensified concerns about the stability of the car lending market, reminiscent of past financial crises.

As the Jets prepare to face the Panthers in Week 7 at MetLife Stadium, fans are eager to see how both teams will perform. This matchup is crucial for both squads as they look to improve their standings in the NFL. With key players on both sides, the game promises to be an exciting showdown that could have significant implications for the rest of the season.

Tensions have escalated as Israel accuses Hamas of breaching the ceasefire by attacking its forces in Gaza. This accusation comes amid claims from Hamas that Israel is creating false justifications for its military actions. The situation is critical as it threatens to undermine any progress towards peace and stability in the region.

A recent investigation revealed that a pet store in Queens is selling Asian-bred puppies for prices as high as $38,000, despite New York's ban on the sale of dogs, cats, and rabbits under the Puppy Mill Pipeline Act. This law, enacted last December, aimed to combat the unethical breeding practices associated with puppy mills. The store's actions not only undermine the legislation but also raise concerns about animal welfare and the ongoing challenges in enforcing such bans. It's a stark reminder of the need for continued vigilance in protecting pets from exploitation.

Labor unions are stepping up to challenge Donald Trump's efforts to reduce the federal workforce and undermine workers' rights. By filing numerous lawsuits across the country, these unions aim to protect collective bargaining rights and prevent mass layoffs. This pushback is significant as it highlights the ongoing struggle for workers' rights in the face of political pressures, emphasizing the vital role unions play in advocating for fair labor practices.

A recent report from the Afterschool Alliance reveals a troubling gap between the demand for afterschool programs and their availability, with nearly 30 million parents seeking access for their children. This growing barrier is concerning as it leaves schools and students in a challenging situation. Advocates emphasize that addressing this issue will require a collective effort from the community to ensure that all children have the support they need after school.

Massachusetts Rep. Seth Moulton is challenging Sen. Ed Markey in a primary race, focusing on generational differences as a key issue. Moulton, at 46, questions whether the 79-year-old Markey should continue his political career, highlighting a broader conversation among Democrats about the future leadership of their party. This challenge is significant as it reflects the ongoing debate about age and experience in politics, especially as the party navigates its direction.