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debt default

The $1 trillion of high yield debt that's piled up in the last 5 years is about to have a 'day of reckoning,' Bank of America says

Fri, 08/18/2023 - 11:05

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Trader scared — DON EMMERT/AFP/Getty Images

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Billionaire Barry Sternlicht's firm just defaulted on a $200 million office mortgage amid mounting commercial-property stress

Thu, 07/20/2023 - 04:28

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Barry Sternlicht — Barry Sternlicht, Chairman and CEO, Starwood Capital Group, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 3, 2022.
PATRICK T. FALLON/AFP via Getty Images

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US stocks fall to end the week with a loss as traders assess debt ceiling outlook

Fri, 05/12/2023 - 16:04

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NYSE Trader worried red — Brendan McDermid/Reuters

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A recession and a credit crunch could result in $1 trillion of corporate debt defaults, Bank of America says

Fri, 05/12/2023 - 12:36

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trader worried — Don Emmert /AFP/GettyImages

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The debt ceiling crisis is 'pathetic' as government revenue is near a record high, top economist David Rosenberg says

Fri, 05/12/2023 - 09:51

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david rosenberg — David Rosenberg.
Screenshot via Bloomberg TV

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When Jamie Dimon speaks, Wall Street listens - and he just warned of catastrophe

Fri, 05/12/2023 - 06:10

Tech Insider : Politics

Good morning to everyone except the fast-approaching debt ceiling. Phil Rosen here.

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Jamie Dimon warns a US default would be 'potentially catastrophic' as lawmakers remain deadlocked over raising the debt ceiling

Thu, 05/11/2023 - 11:59

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Jamie Dimon — JPMorgan Chase CEO Jamie Dimon.
REUTERS/Brian Snyder

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A US debt default will have 'unquantifiable' adverse consequences and unthinkable long-term implications, Wall Street experts warn

Wed, 05/10/2023 - 06:57

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US stocks edged lower on Tuesday as more Wall Street banks reported mixed earnings — Wall Street
Getty Images

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Elon Musk warns there's a growing risk of a US default as the deadline to raise the debt ceiling looms

Wed, 05/10/2023 - 05:36

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Elon Musk has brought Twitter to break even through an aggressive approach to management. — Elon Musk.
Susan Walsh/AP

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US stocks fall as debt ceiling jitters rattle investors and markets brace for April inflation report

Tue, 05/09/2023 - 16:06

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trader nyse worried chart — Getty Images / Xinhua News Agency

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