{"podcast":{"title":"Business News Today | 2 Min News | The Daily News Now!","slug":"business-finance-news-today-2-min-news-the-daily-news-now-7726192","podcast_index_feed_id":7726192,"rss_url":"https://feeds.fastcast.ai/the-daily-news-now-business.xml","website_url":"https://thednn.ai/","image_url":"https://image.fastcast.ai/cover/a77b5c94-431e-4490-8653-1f676f1da586.png","author":"The Daily News Now!","episode_count":2000,"summary":"Hosted by Corey with the Story, Business News Today is your daily source for the latest headlines and stories shaping the world of business, finance, and the global economy. From market trends and corporate earnings to startups, entrepreneurship, technology, real estate, consumer trends, and economic policy, we bring you the business news that matters most—in just a few minutes. Whether you're an entrepreneur, investor, executive, business owner, or simply someone who wants to stay informed, Business News Today delivers clear, concise updates to help you understand the forces shaping the economy and the future of business. Business News Today — Business news, all in one place. Powered by AI.","last_synced_at":"2026-09-17T06:21:31.382927+00:00","page_url":"https://stenobird.com/podcast/business-finance-news-today-2-min-news-the-daily-news-now-7726192"},"episode":{"title":"Private Credit Defaults Surge Amid Fed Hike | Business and Finance News","slug":"private-credit-defaults-surge-amid-fed-hike-business-and-finance-news","published_at":"2026-09-17T04:25:12+00:00","page_url":"https://stenobird.com/podcast/business-finance-news-today-2-min-news-the-daily-news-now-7726192/private-credit-defaults-surge-amid-fed-hike-business-and-finance-news","show_page_url":"https://stenobird.com/podcast/business-finance-news-today-2-min-news-the-daily-news-now-7726192","url":"https://sources.thednn.ai/6d8c726ccff50850","audio_url":"https://api.fastcast.ai/audio/a57a46dd-c582-4488-beaa-26c1dc8c553a.mp3","summary":"The Fed just hiked rates by a quarter point, sending shockwaves through private credit — where loan rates auto-adjust and defaults are already at record highs. Fitch reports a 6.3% default rate for U.S. private credit in August, up from 6.1% in July, with middle-market companies — especially those earning $26M–$50M — hit hardest. Healthcare and industrials lead the crisis, while software remains resilient. Companies are delaying pain with payment-in-kind deals, but that cushion won’t last if rates keep climbing. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Sources: https://gfmag.com/private-credit/fed-rate-hike-squeezes-an-already-stressed-private-credit-sector/ More coverage & latest updates: https://sources.thednn.ai/6d8c726ccff50850 Report issues to feedback@thednn.ai.","meta_description":"The Fed just hiked rates by a quarter point, sending shockwaves through private credit — where loan rates auto-adjust and defaults are already at record h…","key_points":[],"chapters":[],"topics":[],"duration_seconds":114,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/business-finance-news-today-2-min-news-the-daily-news-now-7726192/episodes/private-credit-defaults-surge-amid-fed-hike-business-and-finance-news/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/business-finance-news-today-2-min-news-the-daily-news-now-7726192/private-credit-defaults-surge-amid-fed-hike-business-and-finance-news.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}