A Nation’s Heavily Indebted Consumers Face a Painful Margin Call

(Bloomberg) — At the height of the Covid-19 pandemic, with his job as a delivery driver bringing plenty of overtime and the cost to borrow at record lows, James Kebe went on a spending spree. He...

Elon Musk will be most indebted CEO in America if Twitter deal closes

The world’s richest person could soon add another title to his name – America’s most leveraged CEO. Two-thirds of Elon Musk‘s financing for the $44 billion deal to take Twitter priva...