Bankruptcy News

Treasury yields moved higher on Monday as investors continue to weigh the domestic inflation and interest rate backdrop against broader geopolitical developments. The yield on 10-year U.S. Treasury — the main benchmark for mortgages, auto loans and credit card debt…

Oct 15 (Reuters) – A selloff in US technology stocks and their bonds intensified on Thursday as high borrowing costs put the financing behind AI’s massive infrastructure buildout under growing scrutiny. CoreWeave’s(CRWV.O), opens new tab bonds have sunk to distressed…

Your retirement account, a car company’s cash reserve and a foreign central bank may have something in common: They may hold U.S. government debt, making them lenders to the U.S. government. You might hold such debt as part of your…

The Federal Reserve raised its benchmark interest rate at the conclusion of its September meeting and signaled another increase could be on the table this year. For consumers, the moves may significantly impact borrowing costs and savings returns. Generally, short-term…

On Sunday evening, the Washington Post reported that the Kennedy Center administration told its board that the arts institution is on the brink of bankruptcy — and that it might be forced to close as soon as Tuesday. Both the majority of the…

ept 14 (Reuters) – Latvia’s airBaltic voluntarily filed for protection under Chapter 11 of the U.S. Bankruptcy Code in New York, it said on Monday, as it seeks to restructure its debt ​pile and survive a deepening sector-wide crisis brought…

NEW YORK, Sept 2 (Reuters) – U.S. prosecutors announced on Wednesday criminal fraud charges against two former chief executive officers ‌of Linqto over their alleged roles in a $450 million scheme to defraud thousands of investors hoping to cash in…

Central bankers, policymakers and economists will gather in Jackson Hole, Wyoming, on Thursday for the Federal Reserve Bank of Kansas City’s annual economic policy symposium. Markets are closely monitoring the event for Fed Chair Kevin Warsh’s keynote speech after long-term…

Mortgage and student loan balances saw ‘small decline’ with increases elsewhere, says post alongside Fed report Credit card debt in the United States is growing close to a record high, having crept up from $54bn to $1.26tn between April and…

Credit card balances are on the rise as of mid-2026, according to a new quarterly report on household debt from the Federal Reserve Bank of New York released Tuesday.  Balances rose by $21 billion in the second quarter to a collective $1.26 trillion…