Credit traders have been ramping up purchases of credit default swaps (CDS) on Oracle ($ORCL) as a hedge against potential ...

As the U.S. hurtles closer to a default on its debt as early as next month, the economic consequences could prove devastating, especially for millions who stand to lose their jobs. Even a brief debt ...

Credit traders are buying protection against Oracle Corp. defaulting on its debt, a trend that Morgan Stanley sees continuing in the near term as the tech giant pours billions into artificial ...

Borrowers in default could see their wages garnished or Social Security benefits seized. Here's what you need to know. The Trump administration's announcement this week that it will restart debt ...

WASHINGTON (AP) — The Education Department will begin collection next month on student loans that are in default, including the garnishing of wages for potentially millions of borrowers, officials ...

In 2023, a stalemate between then-President Joe Biden and congressional Republicans over the debt ceiling prompted panic among financial analysts and everyday Americans alike. The deal they struck, ...

By Akin Nazli in Belgrade Fitch Ratings and Moody’s Investors Service last week simultaneously downgraded their outlooks on ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. LONDON (AP) — Russia has defaulted on its ...

The twin towers in downtown New Orleans are in loan default, casting uncertainty over Hertz Investment Group’s holdings as ...

NCLT Cuttack held that application under section 9 of the Insolvency and Bankruptcy Code for initiating Corporate Insolvency Resolution Process [CIRP] against Bhilai Jaypee Cement Limited [Corporate ...