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Holders of Russian dollar bonds say they cannot accept rubles as Moscow speeds towards default
Russia has tried to pay its dollar debts in rubles, but bondholders told Insider that's not a viabl…
Harry Robertson
Bond giants Pimco and Invesco are facing losses of hundreds of millions on rotten Credit Suisse debt
Some of the biggest names in investing held Credit Suisse's AT1 bonds, which were marked down to ze…
George Glover
I didn't want to pay rent anymore, so I bought a $9,000 ambulance. I've converted it into a mobile home that I use to travel the country.
Gen Zer Kaden Smith left college and hit the road. He's part of a growing group who are rethinking …
Alcynna Lloyd
Vodafone Idea board to meet on October 21 to consider fundraising via convertible debentures
The meeting comes at a crucial time, when Indus Towers, one of the main tower providers of Vodafone…
Russia is struggling to make $100 million in debt payments because of US sanctions, and Moscow may see its first default in a century
"We've done everything we can to lead the horse to water. But it's not up to us whether it wants to…
Phil Rosen
ADB, Wabag sign USD 25 mn debt facility for sanitation, water security in India
Water treatment player Va Tech WABAG Ltd has signed an agreement with Asian Development Bank to rai…
PTI
After living in a converted school bus for a year, a retiree is now $10,000 in debt and selling her schoolie — here's the one cost she didn't see coming
Keri Gallioux said she had to sell her car, take out a loan, and max out her credit cards. It then …
Frank Olito
A Moscow broker explains what's happening in Russia's chaotic markets, where vultures are scavenging for profit and the Kremlin is propping up stocks and the ruble
A strange calm has settled on Russia's financial markets. But scratch under the surface, and almost…
Harry Robertson
Trump tells Republicans to leave Medicare and Social Security cuts out of negotiations as the debt ceiling showdown heats up
"Do not cut the benefits our seniors worked for and paid for their entire lives," Trump said as neg…
Ayelet Sheffey,Jason Lalljee,…
Meet a 62-year-old veteran with $104,000 in student debt after working in public service for 4 decades: 'I joined the army to escape poverty. This is a different kind of poverty.'
Jeffrey Spencer served in the army for 8 years and thought he would get a free education out of it.…
Ayelet Sheffey
South Korea's millennials say their lives aren't that different from 'Squid Game' as they face a crisis of mounting debt, unaffordable homes, and dead-end jobs
Some South Korean millennials told Insider that having no practical means to pay off staggering deb…
Cheryl Teh
Canceling student debt for millions of borrowers 'cheated by for-profit colleges' isn't enough, Biden's Education Department says — it's time for the top executives to pay up
The executives of for-profit colleges that caused borrowers' student debt to spiral need to be held…
Ayelet Sheffey
'Predatory' for-profit colleges must face 'substantial financial consequences' for borrowers' massive student debt, top Democrat says
Biden's Education Dept. started debate this week over how it will overhaul the student-loan system,…
Ayelet Sheffey
Five investment options to make money in the short term
If you have extra funds but cannot allocate it to long term investments, there is a better option t…
A top Democrat wants to make them pay. All the executives behind defunct for-profit schools, that is.
For-profits have a history of "fraud, abuse, and mismanagement," House Education Chair Bobby Scott …
Ayelet Sheffey
My blog that I started as a side gig made 6 figures in revenue last year — and it's helped me pay off $40,000 of debt
Latasha Peterson started her blog, Arts and Budgets, in 2016 and spends up to five hours a day work…
Latasha Peterson
What if Vodafone Idea dies?
Vodafone Idea’s dire situation continues to haunt the company, its subscribers and to an extent, th…
There's an $80 trillion 'blind spot' in the financial system that could spell trouble for markets as debts held off-balance sheet grow at a rapid pace
A lack of transparency makes it more difficult for central bank officials to fully grasp just how b…
Matthew Fox
Tesla is reportedly planning to pay off its next chunk of convertible debt in an odd way
Tesla's stock closed at $363 on Thursday, roughly 0.8% above the conversion price of the bonds. The…
Graham Rapier
Adani Ports lands ₹900 crore through non-convertible debentures
"The company has raised Rs 900 crore today by allotment of 9,000 Rated, Listed, Secured, Redee…