Corporate Financial Difficulty
- Stock Market
Stocks could drop 50%, Nouriel Roubini argues. Things will get much worse before they get better.
NEW YORK (Project Syndicate)—The global financial and economic outlook for the year ahead has soured rapidly in recent months, with…
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New Yorkers sued by debt collectors can now get legal advice from non-lawyers — here’s what that could mean for low-income consumers across the country
New Yorkers facing debt-collection lawsuits are poised to get a little extra help in the wake of a federal court’s…
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Coinbase CEO says company has ‘no risk of bankruptcy’
““We have no risk of bankruptcy.”” That’s from Brian Armstrong, chief executive and co-founder of cryptocurrency exchange platform Coinbase COIN,…
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European stocks struggle on mega earnings day as Siemens, AstraZeneca, SocGen and Unilever report
European stocks struggled to hold on to positive territory on Thursday, amid mixed results from a bevy of blue chip…
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‘There’s no retirement in this job,’ gig workers say
Dean Rainer finds it hard to believe that anyone would think app-based gig workers can save for retirement. “I needed…
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‘2022 could be the year of financial reckoning’: Bankruptcies fell dramatically in 2021, but these challenges await
The pandemic keeps grinding on, and the number of bankruptcies keep plummeting — at least for now. Consumers who were…
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My wife and I are in our 50s. We lost our house in 2008, declared bankruptcy and finally bought another home. We will inherit $200K. How should we invest it?
My wife and I have struggled for years financially. She is disabled, and I’m the main source of income for…
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McKinsey investment arm hit with $18 million fine for trading in companies about which it had inside info from its consulting business
An investment business working exclusively on behalf of employees of McKinsey & Co. was hit with an $18 million fine…
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