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3 mins read
I chose to be the default parent. It's not always easy but it works for our family.
I got laid off while pregnant. I became the default parent to our kids and while it can be hard, it…
Elliott Harrell
2 mins read
India is most favoured nation for investment, with growth safety and stable currency, says Piyush Goyal
Invoking the Indian business community to invest in India, Union Minister for Commerce and Industry…
ANI
2 mins read
PIMCO economist says fears of a US debt crisis are overblown - for now
"Previous episodes when federal interest payments (as a proportion of total outlays) reached simila…
Filip De Mott
2 mins read
S&P downgrades Vedanta Resources to 'selective default' after debt extension
S&P Global Ratings has downgraded debt-laden Vedanta Resources Ltd to 'selective default' after the…
PTI
2 mins read
The US debt situation looks 'unsustainable,' and corporate defaults are rising, IMF warns
"Under unchanged policies, debt dynamics in the US are very unfavorable," according to the Internat…
Jennifer Sor
6 mins read
War rooms and bailouts: How banks and the Fed are preparing for a US default
Convening war rooms, planning speedy bailouts and raising house-on-fire alarm bells: Those are a fe…
PTI
4 mins read
A Gen Xer with a 6-figure salary and over $315,000 in debt can't afford a home: 'This country has failed us'
Shirin Tajani works two jobs, six days a week, but can't keep up with her student loan and credit c…
Ayelet Sheffey
2 mins read
US debt will become unsustainable and trigger default in about 20 years, if it stays on current path
After 20 years, no amount of tax hikes or spending cuts could prevent default "whether explicitly o…
Filip De Mott
2 mins read
The IMF slams the US with urgent warnings over its debt, deficits, and trade barriers
While the IMF touted "remarkable" US growth, Washington needs to urgently address stability issues …
Filip De Mott
What Happens If The US Hits The Debt Ceiling And Defaults
Insider correspondent Eliza Relman says that if the US defaults on its debt, it would affect public…
2 mins read
Are US Treasurys still a safe-haven asset? An epic bond-market crash and rising default fears are sowing doubts.
Moody's lowered the US credit outlook to "negative" on Friday, signaling that a downgrade is possib…
Filip De Mott
2 mins read
US stocks fall as concerns about US debt default gain steam
A scheduled recess in Congress for Memorial day weekend means next week will be crunch time for a d…
Matthew Fox
2 mins read
Default risks loom for nearly $2 trillion of junk-rated debt as US companies hit with higher interest rates
High interest rates and tight financial conditions mean that huge amounts of risky corporate debt c…
Phil Rosen
2 mins read
US could default on its debt as soon as June, says US Treasury Department
The US Treasury Department said the country could default on its debt as soon as June.
2 mins read
US corporate debt defaults surge 176% as the Fed's war on inflation pushes more companies into financial distress
As many as 69 American firms defaulted on their debt during the first eight months of the year, mar…
Joseph Wilkins
1 min read
US corporate debt defaults in 2023 have already surpassed last year's total
55 US firms failed to meet their debt obligations in the first-half of 2023, a 53% increase from la…
Jennifer Sor
1 min read
Defaults skyrocketed last year to the highest tally since the start of the pandemic - and 2024 is set to bring more pain to corporations
Among non-financial companies, corporate defaults nearly tripled last year compared to 2022, and Mo…
Phil Rosen
2 mins read
Swelling US debt could tip US markets into crisis as soon as next year, Wharton professor says
If the US doesn't adjust fiscal policy, markets could have a reaction similar to the UK's 2022 fina…
Filip De Mott
1 min read
Companies have extended their debt maturities, averting a 'tsunami of defaults' from higher rates, Bernstein says
"We expect a moderate default rate for the next 12 to 18 months — around 4% to 5% — rather than a t…
Filip De Mott
1 min read
The real estate market is a 'slow moving train wreck' as experts warn of a looming $700 billion default
While the rise of remote work has slammed the office market, high interest rates have pushed commer…