The PE-firm-owned brick-and-mortar retailer has $8 billion in debt. Bondholders are grappling with their fate.
Business is business.
The Fed will keep tightening until these junk bonds buckle.
And its eerie exhortations to the banks to prepare for a downturn to avoid “undue disruption to the financial system.”
The impact on home buyers, and the market, in dollars and cents.
I’m shedding a different light on consumer debt.
The Transportation Boom after the Transportation Recession.
ECB’s Negative Interest Rate Policy has been the funniest monetary joke ever.
Plenty of homes for sale, at ludicrous prices for what you get. But asking prices are now getting “reduced.”
Subprime is calling.