#mega-bankruptcies

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Digital life
fromIndependent
12 hours ago

Meet the doom-spenders: young consumers splashing the cash to blot out economic anxiety

Doom-spending is a growing trend where individuals purchase luxuries to cope with feelings of economic uncertainty.
#high-yield-bonds
Business
from24/7 Wall St.
1 day ago

JNK's 6.5% yield faces a 2026 credit stress test as defaults loom

JNK offers a forward yield near 6.5% with consistent monthly distributions, but faces risks from credit quality and sector concentration.
Business
from24/7 Wall St.
6 days ago

Why Income Investors Keep Buying JNK Despite Recession Fears

JNK offers a 6.4% yield backed by high yield corporate bonds, with consistent monthly distributions and minimal expenses.
Business
from24/7 Wall St.
1 day ago

JNK's 6.5% yield faces a 2026 credit stress test as defaults loom

JNK offers a forward yield near 6.5% with consistent monthly distributions, but faces risks from credit quality and sector concentration.
Business
from24/7 Wall St.
6 days ago

Why Income Investors Keep Buying JNK Despite Recession Fears

JNK offers a 6.4% yield backed by high yield corporate bonds, with consistent monthly distributions and minimal expenses.
UK news
fromIrish Independent
1 day ago

Home and garden retailer Rathwood enters examinership, 'not in a position' to refund customers

Rathwood has entered examinership but will continue trading while unable to issue refunds or address outstanding payments.
fromnews.bitcoin.com
1 day ago

CFTC Sues New York as Prediction Markets Fight Escalates

The CFTC intensified its prediction markets fight on April 24, 2026, by suing the state of New York in federal court. The case marks another escalation in an ongoing conflict over whether event contracts should be treated as federally regulated financial derivatives or state-regulated gambling products.
Intellectual property law
Cryptocurrency
fromnews.bitcoin.com
1 day ago

Believe Founder Arrested on Strangulation Charges as Token Collapses 99%

Pasternak faces serious charges while his token platform's value plummets and a lawsuit claims he extracted $54 million in fees.
Venture
fromFortune
1 day ago

Ricky Sandler shuttering Eminence Capital after 27-year run | Fortune

Ricky Sandler is closing Eminence Capital after 27 years due to disappointing returns and challenges in the market.
#federal-reserve
US politics
fromwww.housingwire.com
1 day ago

The outlook for mortgage rates as DOJ clears Fed path for Warsh

DOJ's decision to end the Fed renovation investigation clears the way for Kevin Warsh to potentially become chair of the Federal Reserve.
US Elections
fromFortune
6 days ago

It's crunch time for Kevin Warsh: Here's how he might try to begin selling the idea of rate cuts-it requires some complex economic gymnastics | Fortune

Kevin Warsh's public campaign for Federal Reserve leadership begins, focusing on balancing dovish rate policies with rising inflation concerns.
Non-profit organizations
fromFortune
2 weeks ago

Fed seeks details on U.S. banks' exposure to private credit firms | Fortune

The Federal Reserve is investigating US banks' exposure to private credit due to rising redemptions and troubled loans in the industry.
US politics
fromwww.housingwire.com
1 day ago

The outlook for mortgage rates as DOJ clears Fed path for Warsh

DOJ's decision to end the Fed renovation investigation clears the way for Kevin Warsh to potentially become chair of the Federal Reserve.
US Elections
fromFortune
6 days ago

It's crunch time for Kevin Warsh: Here's how he might try to begin selling the idea of rate cuts-it requires some complex economic gymnastics | Fortune

Kevin Warsh's public campaign for Federal Reserve leadership begins, focusing on balancing dovish rate policies with rising inflation concerns.
Non-profit organizations
fromFortune
2 weeks ago

Fed seeks details on U.S. banks' exposure to private credit firms | Fortune

The Federal Reserve is investigating US banks' exposure to private credit due to rising redemptions and troubled loans in the industry.
Real estate
fromFortune
2 days ago

Good news: Rumors of a K-shaped economy have been overblown so far, says Goldman Sachs. Bad news: 2026 is when it will really bite | Fortune

Goldman Sachs believes consumer resilience is underestimated despite K-shaped economic concerns, with inflation impacts being similar across income levels.
fromEntrepreneur
2 days ago

77 Hardee's Locations Closed for Good -And the Franchisee Behind Them Is Filing for Bankruptcy

ARC Burger filed for Chapter 7 liquidation after closing all 77 Hardee's locations permanently in December, with liabilities estimated between $10 million and $50 million.
Food & drink
Poker
fromwww.businessinsider.com
2 days ago

America's online gambling addiction is driving young people to bankruptcy court

Online sports betting is leading to significant financial distress among Gen Z and young millennials, resulting in increased bankruptcy filings.
Bootstrapping
fromEntrepreneur
3 days ago

Equity Feels Safe. Debt Feels Risky. Reality Says Otherwise.

Debt-based financing promotes strong fundamentals, while equity can obscure inefficiencies and escalate expectations for growth.
Law
fromABC7 Los Angeles
2 days ago

Judge approves $425 million Capital One settlement. How to check if you're eligible for payout

Capital One customers may receive compensation from a $425 million lawsuit settlement regarding savings account practices.
US Elections
fromFortune
2 days ago

Stocks slump globally as Trump says he is in no rush to end the war-and California is running out of jet fuel | Fortune

Retail investors invested $5.7 billion in stocks, while California faces a potential jet fuel crisis due to ongoing Middle East conflicts.
Silicon Valley
fromFortune
2 days ago

The chip exec who powered the AI boom says America's $39 trillion debt is the same mistake that kills great companies | Fortune

Smart people repeat mistakes due to overconfidence and short-termism despite technological advancements.
#private-credit
Careers
fromwww.businessinsider.com
6 days ago

One of the most stressful jobs in finance right now: private credit sales

Private credit professionals are shifting from growth to defense as redemption requests rise and concerns about credit quality increase.
Business
fromwww.businessinsider.com
3 days ago

Blackstone's Steve Schwarzman hits back against 'intensively negative campaign' against private credit

Private credit has faced redemptions and negative perceptions, but institutional demand remains strong despite retail investor withdrawals.
Business
fromwww.businessinsider.com
1 week ago

JPMorgan exec says the bank is 'broadly comfortable' with its $50 billion private credit exposure

Wall Street banks reported significant exposure to private credit, with executives expressing comfort despite scrutiny over loan quality and potential risks.
Business
from24/7 Wall St.
1 month ago

Private Credit Could Crush the Stock Market: 5 Financial Dividend Giants With Zero Exposure

Private credit poses significant risks due to leverage and debt, with potential liquidity mismatches exacerbating financial instability.
fromTearsheet
3 days ago

How Thread Bank is turning a century-old charter into a modern distribution engine - Tearsheet

Thread Bank operates primarily through a partnership-driven embedded banking approach to expand its distribution and reach new clients, reflecting the evolving competitive landscape of community banks.
Online Community Development
fromLondon Business News | Londonlovesbusiness.com
3 days ago

Dollar holds firm amid geopolitical uncertainty - London Business News | Londonlovesbusiness.com

Markets could remain sensitive to the developments in the Middle East. Tensions remain elevated in the region amid continued incidents in the Strait of Hormuz and a failed attempt for a second round of talks this week, undermining prospects for a near-term resolution.
World news
Information security
fromFortune
3 days ago

The Mythos meeting focused on the wrong AI risk to banks. Here's the one nobody is talking about | Fortune

Artificial intelligence is transforming fraud into a machine-driven, scalable threat, posing risks beyond traditional cyber attacks.
Agriculture
fromRealagriculture
4 days ago

Monette Group files for creditor protection

Monette Group has filed for creditor protection to stabilize finances and restructure debt, not to liquidate or declare bankruptcy.
#spirit-airlines
fromFortune
6 days ago
NYC startup

Spirit Airlines looked it was in the clear of reemerging from bankruptcy, but rising fuel costs threaten its exit | Fortune

fromFortune
6 days ago
NYC startup

Spirit Airlines looked it was in the clear of reemerging from bankruptcy, but rising fuel costs threaten its exit | Fortune

fromwww.housingwire.com
5 days ago

More reverse mortgage borrowers show deep budget deficits

Budget shortfalls of this size often mean struggling to afford essential living costs like housing, healthcare, utilities and food. Reverse mortgages, primarily Home Equity Conversion Mortgages (HECMs), have long been used as a retirement income tool for homeowners 62 and older.
Fundraising
SF politics
fromwww.housingwire.com
6 days ago

KBW says Fannie, Freddie privatization window is narrowing

The privatization window for Fannie Mae and Freddie Mac is narrowing, with low odds before the November 2026 midterms.
Remote teams
fromForbes
5 days ago

Layoffs Are A Leadership Test For Executives

Effective leadership during layoffs is crucial for maintaining trust and organizational performance.
fromLondon Business News | Londonlovesbusiness.com
6 days ago

Bally's eyes cut-price swoop for debt-laden Evoke plc - London Business News | Londonlovesbusiness.com

Evoke has effectively put itself up for sale after launching a strategic review late last year, grappling with roughly £1.8 billion in debt and rising operating costs.
London startup
UK news
fromwww.independent.co.uk
2 days ago

Bank of England expert predicts global stock market fall and warns are we prepared?'

Global stock markets are at unsustainable highs, with risks of a significant adjustment due to various geopolitical and financial factors.
Real estate
fromwww.housingwire.com
1 day ago

ICE First Look shows mortgage delinquencies fall in March 2026

Mortgage performance improved in March 2026 with declining delinquencies and rising prepayment activity, despite higher serious delinquencies and foreclosure inventories.
Cryptocurrency
fromBitcoin Magazine
3 days ago

Pantera Capital Urges Satsuma To Dump All Bitcoin As Shares Collapse 99%

Pantera Capital is urging Satsuma Technology to liquidate its bitcoin holdings and return capital to shareholders after a significant drop in share price.
fromThe Verge
3 days ago

AI failure could trigger the next financial crisis, warns Elizabeth Warren

"If AI companies are unable to increase revenues with lightning speed, they won't be able to service their massive debt loads. And because of shady accounting strategies, the first big stumble will have everyone running for the exits, potentially triggering destabilizing losses in the financial sector and another 2008-style financial crisis."
Venture
Law
fromwww.theguardian.com
4 days ago

AI hallucinations found in high-profile Wall Street law firm filing

Sullivan & Cromwell admitted to filing errors in court due to AI-generated hallucinations, leading to inaccurate citations and misquotations.
from24/7 Wall St.
4 days ago

Russell 2000 Extends Gains as Risk-On Trade Buoys Small Cap Sentiment

President Trump's announcement to extend the cease-fire with Iran is significant for small caps, as the earlier conflict had driven oil prices up, impacting domestic businesses.
World news
#avis-budget-group
Business
from24/7 Wall St.
3 days ago

Avis Sinks 35%: Short Squeeze Fades as Dilution Risk Takes Center Stage

Avis Budget Group shares dropped 35% in a single session due to fears of shareholder dilution and weak financial performance.
Business
from24/7 Wall St.
5 days ago

Avis Rockets 15% Even as Barclays Downgrades Into the Face of a Parabolic Rally

Avis Budget Group shares surged 15% despite a Barclays downgrade, highlighting a significant supply-demand imbalance in the stock.
Business
from24/7 Wall St.
3 days ago

Avis Sinks 35%: Short Squeeze Fades as Dilution Risk Takes Center Stage

Avis Budget Group shares dropped 35% in a single session due to fears of shareholder dilution and weak financial performance.
Business
from24/7 Wall St.
5 days ago

Avis Rockets 15% Even as Barclays Downgrades Into the Face of a Parabolic Rally

Avis Budget Group shares surged 15% despite a Barclays downgrade, highlighting a significant supply-demand imbalance in the stock.
London politics
fromwww.bbc.com
2 weeks ago

At-risk traders anxious despite court reprieve

Traders at Brixton Plaza are fighting eviction to make way for a supermarket, but a High Court injunction has temporarily halted the process.
Cryptocurrency
fromwww.bbc.com
4 days ago

Trump family's crypto firm sued over alleged 'extortion'

World Liberty, co-founded by Trump, is sued by Justin Sun for allegedly freezing his WLFI tokens and extorting him.
Venture
from24/7 Wall St.
6 days ago

BDC Dividend Collapse Signals What's Coming for Income Investors

Monroe Capital Corp merged with Horizon Technology Finance Corporation, ceasing to exist as a standalone entity and converting shares.
fromwww.theguardian.com
1 week ago

Central bank bosses enlist for war game to gauge threat of Lehman-style bust

The most senior officials from the US Federal Reserve, the European Central Bank, and the Bank of England are expected to take part in a desktop stress test to respond to another Lehman Brothers-style collapse.
World news
US Elections
fromwww.mediaite.com
6 days ago

BBC Report Finds Signs of Insider Trading' Based on Trump's Posts

Illegal insider trading signs linked to Trump's announcements show potential market manipulation, but prosecution likelihood remains low.
Business
from24/7 Wall St.
3 days ago

This risky junk bond ETF pays a 11% yield with monthly income

Higher yields in bonds come with increased credit risk, especially in non-investment grade or junk bonds.
UK news
fromLondon Business News | Londonlovesbusiness.com
1 week ago

Personal insolvencies surge 30% as debt relief orders hit record high - London Business News | Londonlovesbusiness.com

Personal insolvencies in England and Wales surged by 30% year-on-year in March, with record debt relief orders indicating financial strain on households.
fromwww.mediaite.com
4 days ago

BREAKING: Billionaire Investor Sues Trump Crypto Project for Fraud, Says It's on Verge of Collapse'

Justin Sun alleges that his investment in World Liberty Financial was procured through fraud, claiming the project is now on the verge of collapse, which raises significant legal and ethical questions.
Cryptocurrency
Venture
fromSFGATE
4 days ago

Bitwise CEOs admitted to stealing millions. Their scheme is still unraveling.

CEOs of Bitwise Industries admitted to stealing over $100 million, with an associate facing 20 years for conspiracy to commit wire fraud.
Business
from24/7 Wall St.
3 days ago

Jim Cramer Says His Own Discipline Made Him Miss SanDisk. Here's What Investors Can Learn

Discipline in investing can lead to missed opportunities, as seen with SanDisk's unexpected performance after Cramer's caution.
Cryptocurrency
fromnews.bitcoin.com
5 days ago

Why the Wealthy Are Doubling Down on Bitcoin-Backed Debt

High-net-worth individuals are increasingly using bitcoin-backed loans for long-term capital preservation instead of active trading during market volatility.
Venture
fromwww.businessinsider.com
5 days ago

How the next gen of Tiger Cubs did in a rough quarter for hedge funds

The Tiger Cub network of hedge funds faced significant losses in March 2026, with many funds underperforming despite notable new launches.
Business
fromJezebel
5 days ago

The Stock Market Can Stay Irrational Longer than You Can Stay Solvent

Allbirds' stock surged 600% after announcing a shift to AI, illustrating market irrationality during manias.
fromnews.bitcoin.com
5 days ago

$14B Vanishes From DeFi Ecosystem After KelpDAO Exploit Rocks Lending Markets

The KelpDAO exploit drained roughly 116,500 rsETH before the assets were deployed as collateral across DeFi protocols, triggering freezes and the buildup of bad debt, much of it concentrated on the lending platform Aave.
Cryptocurrency
Venture
fromFortune
6 days ago

Private markets have soared to $10 trillion in AUM. But why have they underperformed public markets? | Fortune

The U.S. private markets are large but have underperformed public markets despite significant asset growth.
#emerging-markets
Business
from24/7 Wall St.
5 days ago

PCY's 6.1% Yield Just Got Safer as Fed Rate Cuts Ease Emerging Market Pressure

PCY offers a 6.1% annual yield from emerging market sovereign bonds, but its sustainability depends on interest rates and credit quality of issuers.
Business
from24/7 Wall St.
5 days ago

PCY's 6.1% Yield Just Got Safer as Fed Rate Cuts Ease Emerging Market Pressure

PCY offers a 6.1% annual yield from emerging market sovereign bonds, but investors must assess risks related to interest rates and credit quality.
Business
from24/7 Wall St.
5 days ago

PCY's 6.1% Yield Just Got Safer as Fed Rate Cuts Ease Emerging Market Pressure

PCY offers a 6.1% annual yield from emerging market sovereign bonds, but its sustainability depends on interest rates and credit quality of issuers.
Business
from24/7 Wall St.
5 days ago

PCY's 6.1% Yield Just Got Safer as Fed Rate Cuts Ease Emerging Market Pressure

PCY offers a 6.1% annual yield from emerging market sovereign bonds, but investors must assess risks related to interest rates and credit quality.
Cryptocurrency
fromnews.bitcoin.com
6 days ago

Fresh Manipulation Warnings Hit Other Crypto Projects After RAVE's 95% Collapse

Warnings about structural risks and questionable trading behavior in the crypto market are increasing, exposing retail investors to potential losses.
Venture
from24/7 Wall St.
1 week ago

Warning: "Existential Risk" as Mega IPOs Could Trigger $100 Billion Stock Selloff

Pending IPOs of OpenAI and SpaceX pose significant risks to passive fund mechanics and market stability.
Business
fromTearsheet
6 days ago

Banks had an uneventful Q1, but competition for financial flows is heating up - Tearsheet

Q1 2026 showed steady consumer spending and resilient credit metrics, with banks focusing on cash flow and customer interaction improvements.
Business
from24/7 Wall St.
6 days ago

The Stocks Billionaires Can't Stop Buying Right Now

Following billionaire investors can provide insights into successful long-term stock investments.
Business
fromFortune
6 days ago

The explosion of U.S. debt is wiping out the 'safety premium' of Treasury bonds, and time is running out for an orderly fiscal solution, IMF warns | Fortune

Soaring U.S. debt is eroding the risk advantage of Treasury bonds, leading to higher borrowing costs globally.
#market-correction
Business
from24/7 Wall St.
1 month ago

Goldman Sachs Sees Correction Risks Rising. Here's How to Prepare for a Storm

Goldman Sachs warns of increasing risks for a market correction, with the S&P 500 down nearly 7% from its high.
Business
from24/7 Wall St.
2 weeks ago

CLO equity stress test reveals the danger behind 22% yields

Oxford Square Capital Corp. faces risks to its high yield due to declining performance in its CLO equity investments.
Retirement
from24/7 Wall St.
1 month ago

Worried About a Stock Market Crash? 6 Savvy Moves For Investors to Do Now

Market veterans recognize current conditions resemble previous crash periods, with potential downside risks from inflation, geopolitical tensions, national debt, and AI bubble concerns despite near all-time highs.
US news
from24/7 Wall St.
2 months ago

Goldman Sachs, JPMorgan, and Citigroup All Plunge Over 5% on Thursday

Major banks suffered sharp intraday losses, with Goldman, JPMorgan, and Citigroup plunging amid heavy institutional selling concentrated in the final trading hour.
Real estate
fromwww.housingwire.com
1 month ago

Private credit didn't fix middle-market CRE. It delayed a reckoning

Private credit's market expansion masked fundamental inefficiencies in commercial real estate lending that now surface as refinancing accelerates in a higher-rate environment.
Business
from24/7 Wall St.
3 weeks ago

Extreme Fear is Gripping the Market, This Is the Smart Move Most Investors Miss

Investors are panicking, leading to extreme fear in the markets, with quality stocks like Apple and Microsoft also being sold off.
Real estate
fromtherealdeal.com
1 month ago

Syndicator lender Ready Capital reports massive losses

Ready Capital reported a $232 million loss while restructuring its commercial real estate loan book, with stock down 60% and non-accruing loans rising to 25% of its portfolio.
#uk-insolvency
Business
from24/7 Wall St.
1 month ago

High Yielding ECC's CLOs Are Unrated For A Risky Reason

Eagle Point Credit cut its monthly distribution significantly, reflecting underlying risks in its investment strategy involving unrated collateralized loan obligations.
Venture
fromFuturism
1 month ago

Goldman Sachs Head During Financial Crisis Says He "Smells" a Similar Crash Coming

AI companies plan to spend $650 billion in 2026 on data centers, raising concerns about overinvestment, hidden leverage, and potential financial crisis similar to 2008.
Business
fromFortune
1 month ago

The $265 billion private credit meltdown: How Wall Street's hottest investment craze turned into a panic | Fortune

Private equity stocks surged dramatically from mid-2023 to early 2025, then collapsed sharply starting September 2024, erasing over $265 billion in market value as retail investors demanded redemptions from private debt funds.
Business
fromBusiness Matters
2 months ago

Barclay brothers given six weeks to strike deal to avoid bankruptcy

Howard and Aidan Barclay must secure creditor-backed IVAs by 17 March or face potential bankruptcy after HSBC launched proceedings over Logistics Group debt.
Business
fromFast Company
2 months ago

How to prepare for a market crash

Inventory retirement accounts, assess exposure to rising consumer costs and AI-driven volatility, and prepare financial defenses to withstand a possible market correction.
Business
from24/7 Wall St.
2 months ago

3 Tips You Need To Know If Market Slides

Investors should reduce broad technology exposure, favor healthcare and utilities, and implement risk controls such as stop losses, hedging, and predetermined sell triggers.
Business
fromBig Think
1 month ago

Inside Wall Street's 2008 meltdown, through the eyes of an FBI informant

During the 2008 financial crisis, an FBI informant purchased a house on the day Lehman Brothers collapsed, facing financial precarity while maintaining a secret double life.
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