CBO: U.S. could run out of money by August if debt ceiling isn’t raised
The Congressional Budget Office on Wednesday said the U.S. could run out of money as soon as August. File Photo by Bonnie Cash/UPI | License…
We owe the Trump admin a debt of gratitude for the Signal group chat leak | Donald Trump
Sometimes journalists befuddle me, and I’m a journalist – although my touchy detractors would dispute that. Perhaps like you, I have been watching – with…
Genetic testing firm 23andme files for bankruptcy protection | Bankruptcy News
Officials, including California’s attorney general, question what will happen to the data collected by the firm.Genetic testing firm 23andMe has filed for Chapter 11 bankruptcy…
US Chaos Helps to Pull China Debt Out of Doldrums
Breadcrumb Trail LinksPMN BusinessUS market turmoil triggered by tariffs and a slowing economic outlook is boosting the appeal of Chinese corporate debt that less than…
How will Germany’s debt reform impact its stock and bond market?
Germany has passed a landmark spending bill, unlocking hundreds of billions of euros for defence spending and infrastructure investment. While the historic debt reform is…
German parliament votes for massive debt reform, defense spending hike
Germany's parliament voted Tuesday in favor of incoming German Chancellor Friedrich Merz's massive debt reform that will increase defense spending amid Russia's ongoing war in…
Market Turmoil Breaks Years of Junk Debt Outperformance in EM
Breadcrumb Trail LinksPMN BusinessA plunge in global risk appetite is pushing emerging-market investors into higher quality dollar bonds, signaling a years-long rally in junk debt…
Germany parties agree plan for spending boost, debt brake overhaul | Debt News
The plan calls for a $545bn fund for infrastructure spending.Germany’s likely next chancellor, Friedrich Merz, has announced a deal to drastically overhaul the country’s debt…
Terra Balcanica Appoints Business Development Officer, Grants Stock Options, and Agrees to Settle Debt for Shares
This section is Partnership Content suppliedThe content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its…
Prospera Energy Announces Acquisition of White Tundra Petroleum, Operations Update, and Convertible Debt Repayment Terms
This section is Partnership Content suppliedThe content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its…
German Fringe Parties’ Strong Showing Clouds Path to Debt Reform
Breadcrumb Trail LinksPMN BusinessThe result of Germany’s parliamentary election complicates the path to more lenient fiscal policy in the future, limiting the options of next…
Thai Airways Set to Emerge From Debt With Plan to Double Fleet
Breadcrumb Trail LinksPMN BusinessFive years after Thai Airways International Pcl filed for bankruptcy protection, the state-controlled carrier’s court-appointed debt administrator Piyasvasti Amranand is planning an…
Opinion: Extend Trump’s 2017 tax cuts to promote growth, but cut spending too
America approaches a critical juncture. Many provisions of the Tax Cuts and Jobs Act of 2017 are set to expire this year. Congress could let…
Turkish toyboy broke my heart and left me in £18,000 debt at 42… if it can happen to me it can happen to anyone
SIPPING a cocktail in a lively bar on her hols in Turkey, Lisa Dudley locks eyes with the handsome barman who makes a beeline for…
Debt Derivatives Are So Tight Even Trump’s Tariff Talk Can’t Shift Them
Breadcrumb Trail LinksPMN BusinessEven US President Donald Trump’s tariff rhetoric can’t rattle credit markets, a sign to some money managers and strategists that the market…
Opinion: Trump’s pick of Kevin Hassett for economic job is a good sign
The fate of President Trump’s ambitious economic policy plans will be determined in part by the people he appoints to critical positions. With a debt…
Prospera Energy Inc. Announces Loan Amendment and Shares for Debt Settlement
This section is Partnership Content suppliedThe content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its…
BYD’s Supply Chain Financing Masks Ballooning Debt, GMT Says
Breadcrumb Trail LinksPMN BusinessBYD Co.’s reliance on financing from working capital has masked surging debt levels at the Chinese electric vehicle giant, according to calculations…
Federal government to hit $36T debt limit on Tuesday
Treasury Secretary Janet Yellen speaks during a Senate Appropriations Subcommittee on Financial Services and General Government hearing on Capitol Hill on June 4 and on…
The Cost of CPEC: Debt, Security, and Geopolitical Struggles
Officially agreed to by the two governments in 2015, CPEC is a flagship project of China’s Belt and Road Initiative (BRI). Spanning over 3,000 kilometres,…