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Debt Deal

Fears of a US debt crisis are 'imaginary', and what the economy needs is more investment in critical infrastructure, economist says

Thu, 02/09/2023 - 11:49

national debt clock — Supporters of republican presidential candidate former Massachusetts Gov. Mitt Romney stand next to a national debt clock during a rally at Exeter High School on January 8, 2012 in Exeter, New Hampshire.
Justin Sullivan/Getty Images

Markets, MI Exclusive, US debt ceiling, Debt Crisis, debt default, US economic outlook, rising interest rates

Twitter just made its first interest payment on Elon Musk's massive buyout debt, so it will avoid bankruptcy for now

Tue, 01/31/2023 - 06:17

A cyclist passes Twitter's HQ in San Francisco — Twitter has paid off the first instalment of the debt taken by Elon Musk for the takeover last year.
Justin Sullivan/Getty Images

Markets, MI Exclusive, twitter, Twitter takeover, Elon Musk Twitter takeover, Twitter bankruptcy, Debt

Elon Musk is trying to raise up to $3 billion to pay off expensive Twitter debt amid struggles to keep advertisers: WSJ

Wed, 01/25/2023 - 14:51

Elon Musk — Elon Musk sent Twitter staff a memo on Thursday confirming job cuts would be announced on Friday.
Carina Johansen/Getty Images

Markets, MI Exclusive, Elon Musk, twitter, Debt Deal, Fundraising, Social Media

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