IMF Head Warns American Consumers Would Suffer If US Defaulted

(Bloomberg) — A US debt default would cause a spike in borrowing costs that squeezes American consumers as well as significant harm to the world economy, International Monetary Fund Managing Dir...

2 Lenders Claim Bitcoin Miner Iris Energy Defaulted on Equipment Loans Worth $103 Million – Mining Bitcoin News

Another bitcoin mining company is dealing with financial issues as Iris Energy’s Form 6-K filing with the U.S. Securities and Exchange Commission (SEC) shows the company could face default on two loan...

Robinhood nearly defaulted during the GameStop short squeeze — Quartz

In the pre-dawn hours of Jan. 28, 2021, the financial trading firm Robinhood faced a $3.7 billion margin call from the clearing house that settles its customers’ trades. For every trade Robinhood faci...

CoinFlex Alleges Bitcoin Investor Roger Ver Defaulted on $47M Debt

CoinFlex CEO Mark Lamb claimed Tuesday that Roger Ver owed the crypto futures exchange $47 million in USDC. Ver, an early bitcoin investor, denied the allegation and instead accused CoinFlex of owing ...

Reports Claim Russia Defaulted on Foreign Debt for the First Time in a Century, Kremlin Disagrees and Says It Paid – Economics Bitcoin News

According to reports, the Russian Federation has defaulted on its foreign debt for the first time since 1918. Bondholders told the press that they had not received payments from the transcontinental c...

I graduated college at 40, but defaulted on my student loans. How can I deal?

How to get out of student loan debt Getty Images/iStockphoto Question: I am about to turn 65 and eligible for Medicare. I have a bachelor’s degree in business and organizational communications and an ...