You Searched For "Municipal bankruptcy" and got 20 results
Sort By:
9 mins read
What is a bond? How to earn a steady stream of income by loaning money to a business or government
Bonds represent the ownership of debt and allow individuals to diversify their portfolios while mit…
Amena Saad
2 mins read
China is facing a full-blown debt crisis with $8 trillion at risk as Xi Jinping eyes an unprecedented 3rd term
A mounting level of local debt in China poses another threat to an already-slowing economy, as Xi J…
Brian Evans
6 mins read
15 restructuring lawyers explain how sectors like retail and energy are dealing with a 'sudden collapse' of revenue - and why they're gearing up for coronavirus fallout that could last years
Numerous attorneys contacted by Business Insider reported that they were super-busy, with one attor…
Casey Sullivan
9 mins read
What is a bond? How to earn a steady stream of income by loaning money to a business or government
Bonds represent the ownership of debt and allow individuals to diversify their portfolios while mit…
Amena Saad
3 mins read
Trump said bailing out cash-strapped blue states would be unfair to Republicans — and they shouldn't expect federal help
"It's not fair to the Republicans because all the states that need help — they're run by Democrats …
Joseph Zeballos-Roig
2 mins read
The Trump administration is reportedly open to aiding cash-strapped states if it can advance key GOP priorities on tax cuts
Republicans had staunchly opposed the idea of state aid, and it could still be a hard sell among la…
Joseph Zeballos-Roig
4 mins read
Republicans are staunchly against 'bailing out' state governments — but they risk amplifying the economic pain if states are left to fend for themselves
State and local governments are warning that drastic cuts to public services are on the horizon if …
Joseph Zeballos-Roig
7 mins read
Doritos Locos Tacos, telecom towers, and tugboats: Inside the $60 billion Wall Street machine that's transforming the unusual into investment grade - with added risks
In ancient Greece, where the root meaning of "esoteric" first arose, it referred to belonging to an…
Dakin Campbell,Alex Morrell
3 mins read
A bunch of Barclays brokers jumped ship last month for Merrill Lynch
Goldman Sachs has been fined $7 million by the Securities and Exchange Commission for placing thous…
Jonathan Garber
2 mins read
A Puerto Rico bondholder strikes a far more sympathetic tone toward the island's tragedy than Trump
Even before Hurricane Maria, Puerto Rico's economy had already been suffering from 11 years of rece…
Pedro Nicolaci da Costa
4 mins read
Court To Decide If Detroit Really Is Broke
"We'll see other Chapter 9s," said Kenneth Klee of Klee, Tuchin, Bogdanoff & Stern in Los Angel…
Joseph Lichterman, Reuters
1 min read
11 Super Depressing Stats About Detroit
Municipal bond experts Peter Hayes and James Schwartz of Blackrock published a brief analytical not…
Sam Ro
2 mins read
STOCKS SLIDE: Here's what you need to know
President Donald Trump tweeted to dispel reports that the forthcoming Republican tax-reform plan wo…
Akin Oyedele
3 mins read
Puerto Rico is 100% without power after Hurricane Maria - here's why that's a huge problem
After Hurricane Irma lashed Florida and caused power outages throughout the state, eight people tra…
Erin Brodwin
1 min read
RICH BERNSTEIN: People Become Visibly Disappointed When I Tell Them About The Best Investment Opportunity In The World
Municipal defaults were partly triggered by pressure from declining tax revenues and underfunded pe…
Myles Udland
1 min read
Check Out These Relics Of Detroit's Past Automotive Glory
Fortunately, things are beginning to look up. A judge declared last November that the city was fit …
Benjamin Zhang
2 mins read
STOCKS GO NOWHERE: Here's what you need to know
1. The benchmark Puerto Rico bond fell to record lows after President Donald Trump said the US terr…
Elena Holodny
1 min read
In One Chart, Here's Why Detroit Failed
"Detroit, otherwise known as Motor City or Motown, was the center of the auto industry, making it a…
Sam Ro
7 mins read
Fixed-income investing is a strategy that focuses on low-risk investments paying a reliable return
Fixed-income investing aims to provide investors with a steady cash stream. A low-risk strategy, it…
Mariel Loveland
3 mins read
We should turn Puerto Rico into a haven for climate and clean energy research
"Imagine Puerto Rico becoming the electric vehicle capital of the world, with well-apportioned rech…