Optimism from a bullish start to the week is set to spill over into Tuesday’s session, with stock futures tearing higher. That’s as Goldman Sachs — and Netflix later — will keep the earnings ball roll...
Tag: Debt
‘Material risk’ looms over stocks as investors face bear market’s ‘second act’
Stock-market investors have been adjusting to the jump in interest rates amid high inflation, but they have yet to cope with profit headwinds faced by the S&P 500, according to Morgan Stanley Weal...
Classic 60/40 investing strategy sees worst return in 100 years. How about 40/60?
Rules of thumb in investing appear to no longer apply in the carnage of 2022 in financial markets. Advocates for the 60/40 portfolio split, designed to capture the upside of stocks, but offer investor...
Celeb Backed Banking Platform For Youth, Step Bags $300 million In Debt Capital; Allows Crypto investments
Step is the first banking service for teenagers. Users will now be rewarded in crypto for purchases in popular stores. Teenagers can now invest in cryptocurrency Step is a digital banking firm focused...
‘Growing wealth gap and rising inflation … hurt the global economy at almost every turn,’ Jamie Dimon says
What a difference 25 years can make. The world today is a markedly different place from the world that existed at MarketWatch’s inception in October 1997. JPMorgan Chase & Co. JPM, +1.66% CEO Jami...
Market Maker Wintermute Clears $92 Million Debt of TrueFi
Defi News Wintermute borrowed $92.5 million for a duration of 180 days. Now Wintermute owes $75M to Maple Finance and Clearpool. Concerns about paying back $189.4 million in debt arose when crypto mar...
You get some student loan debt erased, but what about the rest of it?
“January is going to be here before you know it,” says Damian Dunn, a certified financial planner and vice president of corporate financial wellness platform Your Money Line. Payments resume in Januar...
AMC Entertainment Struggling with Falling Stock(s), High Debt and Relatively Bleak Production Schedule
AMC shares at 52-week low; APE not faring well either Investors are concerned about ownership dilution and business strategy AMC has enough cash to outlast the coming months with only 4 mega flicks sc...
TrueFi’s $4M Bad Debt in Limbo represents Risk of Crypto Lending without guarantee
On October 9, TrueFi, DeFi’s first and largest credit protocol, published a “notice of default.” Blockwater, a leading digital asset investment firm, which reportedly missed payment on a $3.4 million ...
It turns out that bonds may be a riskier investment now than stocks
Stocks are riskier than bonds — everyone knows that. At least until this year. So far in 2022, long-term U.S. Treasurys have significantly underperformed U.S. stocks. The Vanguard Long-Term Treasury E...
The debt vigilantes are back, and even U.S. assets will struggle. Here’s what to buy instead, says one veteran fund manager.
Markets are struggling to extend the previous session’s impressive rebound. There may be a number of reasons why a worse-than-expected inflation report was eventually shrugged off with such vigor on T...
Bitcoin Miner Stronghold Digital Terminated a Hosting Deal Slashing Debt by 60%
The post Bitcoin Miner Stronghold Digital Terminated a Hosting Deal Slashing Debt by 60% appeared first on Coinpedia Fintech News Stronghold Digital Mining (SDIG) has terminated a hosting agreement wi...
There’s no rush to buy I-bonds
This week’s worse-than-expected inflation report led to turmoil in more than one market, but you only read about one of them. The market that got all the headlines was in stocks, since in the wake of ...
Bitcoin Miner Stronghold Digital Bolsters Balance Sheet by Cutting Costs, Slashing Debt by More Than 60%
The end of Stronghold’s deal with Northern Data will eliminate all profit sharing obligations, which it estimates would have been $10 million-$25 million (depending on the price of bitcoin) unti...
IMF Deputy Director Annie-Marie Gulde: Growing debt a challenge for Asian economies
The International Monetary Fund has cautioned that capital flight and growing debt will be Asia’s leading economic concerns next year as interest rates keep rising. Also, the IMF cut its outlook for t...
Fed’s benchmark interest rate may peak above 5% after Sept inflation data, some economists think
When the Federal Reserve started to raise its benchmark policy interest rate by super-sized 0.75 percentage points in June this year, a few Fed officials and private sector economists talked about how...
This is how high interest rates might rise, and what could scare the Federal Reserve into a policy pivot
The stock market’s reaction to the latest inflation report Thursday underlined just how confused and fearful investors are. The S&P 500 SPX, +2.60% plunged as much as 3% shortly after the open as ...
TrueFi’s $4M Bad Debt in Limbo Shows Risk of Crypto Lending Without Collateral
“Defaults are ordinary course in this asset class and critically important to refining risk parameters and pricing over time,” Roshan Dharia, head of lending at Archblock, a core TrueFi co...
US debt surpasses $31 trillion
The U.S. national debt reached its all-time high this month, surpassing $31 trillion. Over $11 trillion of the debt was added in the past 10 years alone, $5 trillion of which was a direct result of th...
The ‘unexpected’ thing Americans now blame their credit-card debt on
Experts like Suze Orman and Dave Ramsey stress the importance of an emergency fund — and it can help prevent you from going into credit card debt. Getty Images Americans’ credit-card debt rose to $887...
AMC unit Odeon Finco to offer $400 million of 5-year bonds to raise money needed to repay term loans
Odeon Finco Plc, a unit of AMC Entertainment Holdings Inc. AMC, -4.33%, said Wednesday it is issuing $400 million of senior secured five-year bonds in a private offering. Proceeds of the deal will be ...
GE HealthCare to Carry $15 Billion in Debt After January Spinoff
Reuters Credit Suisse faces U.S. tax probe, senate inquiry – Bloomberg News Investigators are examining whether the bank aided U.S. account holders, particularly those with South American passpo...
Fed’s Mester says there’s been no progress on inflation, so interest rates need to move higher
With little or no progress made on bringing inflation down, the Federal Reserve needs to continue raising interest rates, Cleveland Fed President Loretta Mester said Tuesday. “At some point, you know,...
Opinion: The stock market is in trouble. That’s because the the bond market is ‘very close to a crash.’
Don’t assume the worst is over, says investor Larry McDonald. There’s talk of a policy pivot by the Federal Reserve as interest rates rise quickly and stocks keep falling. Both may continue. McDonald,...
Bitcoin miner TeraWulf raises $17 million as it ramps up infrastructure build-out
Bitcoin miner TeraWulf raised $17 million in equity and debt. The company sold $9.5 million in common stock shares via a non-brokered deal with existing investors and drew an additional $7.5 million f...
This industry could be worth $180 billion by 2040. Citigroup offers four stock names to play it, and a few more to think about.
Investors are bracing for some choppiness on Wall Street, with oil prices falling as growth worries rattle around the globe. That’s as the clock ticks down to CPI and the start of a earnings season la...
Should you buy the euro on news of joint issuance of EU debt?
Monday was a quiet day in the currency market. Because of Columbus Day in the United States, banks were closed, so the foreign exchange market did not move much. But during the US session, the euro pa...
Bernanke says Fed shouldn’t use interest rates to ‘fine-tune’ financial stability risks
The Federal Reserve shouldn’t use its interest-rate policy to “fine-tune” financial stability risks, said former Fed Chairman Ben Bernanke on Monday. Speaking to reporters at the Brookings Institution...
Stock market’s wild gyrations put earnings in focus as inflation crushes Fed ‘pivot’ hopes
Unrelenting inflation has dashed hopes for a quick pivot away from aggressive interest rate hikes by the Federal Reserve, which in turn is undermining the U.S. corporate earnings outlook for 2023 and ...