(Bloomberg) — Some holders of a $1.3 billion Gazprom PJSC bond due Monday said they received payment in dollars, even after Russian President Vladimir Putin gave issuers the option of repaying foreign...
Tag: Debt
Putin signs decree to prohibit leaving Russia with more than $10,000 in foreign currency
Russian President Vladimir Putin on Tuesday signed a decree that prohibits taking more than $10,000 worth of foreign currency in cash and “monetary instruments” out of Russia. The move comes in respon...
Moody’s downgrades China property developer Shimao over debt troubles
Signage at the Intercontinental Shanghai Wonderland Hotel, developed by Shimao Group Holdings, in Shanghai, China, on Feb. 9, 2022. Qilai Shen | Bloomberg | Getty Images BEIJING — Moody’s downgr...
Need a business loan? Inflation leads Main Street into more debt
SAN FRANCISCO, CA – APRIL 28: Deanna Sison takes a break from preparing preordered lunches to check the status of her federal small business loan application at Little Skillet restaurant in San ...
The next shoe to drop? The 125-year old Dow industrials are on brink of correction. Here’s what history says happens next in the U.S. stock market.
The Dow Jones Industrial Average was on the verge of entering correction territory after closing sharply lower on Wednesday as the Pentagon said that Russian troops were poised to launch a full-blown ...
BNPL Firm ViaBill Receives $120 Million in Equity and Debt Financing
Danish Buy Now Pay Later (BNPL) company, ViaBill has raised $120 million in its recent equity and debt financing round. The funding round, which was led by London-based Fasanara capital, will help the...
Scorned Treasury Bonds Could Be Good Bet After Fed Boosts Rates
Rarely has there been such unanimity of opinion among both Federal Reserve officials and the cadre of analysts who track and try to predict their future moves. Monetary policy will be tightened with a...
What the threat of a Russian invasion of Ukraine means for markets
Fears of a Russian invasion of Ukraine are keeping investors on edge. President Joe Biden on Friday said he believed Russian leader Vladimir Putin had made up his mind to invade in coming days but tha...
What Will Stocks Do if War—or Peace—Erupts in Ukraine?
Text size A Ukrainian guard at a checkpoint on the border with Russia. There could be a financial toll, as well as a heavy human one, if the Kremlin launches an invasion. Vyacheslav Madiyevskyy/Ukrinf...
Presidents Day or Washington’s Birthday? Is the stock market open? Here are trading hours.
U.S. financial markets will be closed on Monday in observance of Presidents Day, or Washington’s Birthday, if you prefer. The Intercontinental Exchange Inc. ICE, -1.96% -owned New York Stock Exchange ...
I’m 35 and have $380K in student loans. How to get out of student loan debt fast
Getty Images/iStockphoto Question: “I’m 35 years old, I have one kid and another on the way. My partner is afraid to marry me because of my debt, and I don’t have a steady income. I have two masters d...
Texas’ Rayburn Electric Is First Co-op To Securitize Uri Debt; Still Expected To Sue
David Naylor, Rayburn CEO, signs off on Winter Storm Uri bond. Rayburn Country Electric Cooperative, Inc. The week of Feb. 7 history was made in Rockwall, Texas. But there was no jubilation: No hats w...
You have less money saved for retirement than you think
You almost certainly are too optimistic about how fast your retirement portfolio will grow. And that could cause grave problems for you in coming years. A too-high return assumption leads you to withd...
What a Russian invasion of Ukraine would mean for markets as White House warns attack could come ‘any day now’
Investors on Friday got a taste of the sort of market shock that could come if Russia invades Ukraine. The spark came as Jake Sullivan, the White House national security adviser, warned Friday afterno...
Why hedge-fund manager Doug Kass says his bearish case is now stronger and dip buyers should bide their time
For equity dip buyers still waiting in the wings, hedge-fund manager Doug Kass suggests holding fire for now as better bargains, and unfortunately worse times, are ahead. “It is my view that the odds ...
These ‘money disorders’ may be contributing to your growing debt
The average American has $90,460 of debt. Experts say a significant amount of this can be explained by what they call “money disorders.” Money disorders is an umbrella term for recurring a...
‘If you’re a wage earner you’re going to fall behind’: Ex-Fed insider warns of ‘difficult few years’ due to inflation
Former Federal Reserve insider Thomas Hoenig thinks the U.S. faces a painful reckoning because of high inflation. Hoenig was a lone dissenter eight times in 2010, when the Fed voted to pursue a then-n...
Consumer debt totals $15.6 trillion after a record-breaking increase in 2021
A customer counts his cash at the register while purchasing an item at a Best Buy store in Flushing, New York. Jessica Rinaldi | Reuters Consumers ended 2021 with record levels of debt, leading into a...
Buy the dip? Why the stock market’s bounce off January lows may prove premature
A big stock-market bounce after an ugly January might reflect misplaced confidence in a previously tried-and-true trading strategy, a Wall Street analyst warned on Monday. “After a tough markdown of s...
Investors Flock to Savings Bonds for Protection Against Inflation
As inflation rises, another low-risk investment is getting more attention: the tried-and-true Series I savings bond known as inflation or I bonds. These federally guaranteed instruments currently hav...
Treasury Inflation-Protected Securities: What Investors Should Know About TIPS
TIPS have suddenly moved to center stage for investors, as the surge in inflation has drawn new interest in Treasury inflation-protected securities. But how much do investors really know about these s...
The next ‘pain trade’ could be on the horizon as investors crowd into bets pegged to Fed monetary policy
Investors may be set up for the next so-called “pain” trade, with market participants increasingly coalescing around expectations that Federal Reserve needs to act aggressively to combat persistent U....
‘This is not 1980’: What investors are watching as next U.S. inflation reading looms
Investors next week will be closely watching for the latest reading on U.S. inflation, which has been running hot against the backdrop of a volatile stock market in 2022. “Inflation will be the data p...
Chinese developers remain mired in debt even after financial lifeline
As millions of Chinese headed home last week to celebrate the Lunar New Year, Michael Lin had to break the bad news to his 7-year-old daughter: she would not be seeing her grandparents in Anhui provin...
US national debt is not $30 trillion. Here’s why. — Quartz
On Feb. 1, the US Treasury Department reported the national debt hit a record $30 trillion, prompting much hand-wringing about the fragility of the US economy. But that doesn’t mean the federal govern...
AMC to raise $500 million in bond sale as it seeks to refinance debt
An AMC theatre is pictured in Times Square in the Manhattan borough of New York City, New York, June 2, 2021. Carlo Allegri | Reuters Movie theater chain AMC Entertainment plans to sell $500 million i...
U.S. debt hits $30 trillion, brrrrr…
Driven in most parts by a response to the coronavirus pandemic, U.S. national debt has surged more rapidly than projected in recent years. As of Monday, the total public debt outstanding reached $30,0...
All the world’s Bitcoin can only pay 2.43% of $30T US national debt
The United States’ national debt has passed $30 trillion — and even all the Bitcoin (BTC) in the world would hardly touch it. According to the latest official statistics, U.S. national debt is at leve...
Warren Buffett’s Preferred Equity Allocation Is 100%
Warren Buffett’s preferred equity allocation is 100%, and he has adopted that strategy both personally and at Berkshire Hathaway in a way that is radically different from other companies in the insura...