EchoStar Takes $16.5 Billion 5G Hit, Sells SpaceX More Spectrum
EchoStar Corp. reported a $16.5 billion impairment charge and agreed to sell more spectrum licenses to Elon Musk’s…
Data Center Frenzy Triggers Distress Warning in Industry Survey
Investors are piling into massive debt packages to fund the data centers that feed the artificial intelligence infrastructure,…
Troubled Nations Mount Comeback to Debt Markets Amid Yield Hunt
Some of the world’s riskiest sovereign borrowers are returning to international debt markets, taking advantage of increasing appetite…
Got an extra hour? Here are 8 money-saving financial fixes.
Credit card debt hits record levels Americans are carrying a record amount of credit card debt, and interest…
World Economy Latest: Fed’s Powell Reins in Rate-Cut Expectations
Central bankers in North America’s two largest economies lowered borrowing costs this week, though yields on government debt…
UK Regulator Sets Out Plan to Write Off £500 Million Energy Debt
The UK energy regulator proposes tackling the country’s massive household energy debt by writing off as much as…
Bending Spoons Cofounders Become Billionaires After Italian Startup Raises At $11 Billion Valuation
Bending Spoon’s Luca Ferrari and his three cofounders started to acquire apps back in 2014. Fresh from signing…
Bitcoin (BTC) Extends Losses as Powell Cautions Against Rate Cut Bets
Bitcoin slumped toward the lower end of its recent trading range as record rallies in other risk assets…
Namibia Makes Record $750 Million One-Day Debt Repayment – Bloomberg.com
Namibia Makes Record $750 Million One-Day Debt Repayment Bloomberg.comNamibia vows to pay 3 quarters of a billion dollars of…
Ex-PBOC Adviser Says China Should Let Investment Play Larger Role for Economy
China should let investment play a larger role in boosting the economy, a former central bank adviser said,…
Europe’s Ukraine loan is a bad bet
There is a scene in The Big Short, the film about the global financial crisis, in which Selena…
Got an hour? Save money with these 8 ‘financial fixes.’
Credit card debt hits record levels Americans are carrying a record amount of credit card debt, and interest…