debt

Crypto exchange CoinFlex is raising $47 million through a new coin after a major investor fails to pay debt

Crypto exchange CoinFlex is raising $47 million through a new coin after a major investor fails to pay debt

A cryptocurrency price crash and the onset of a new so-called “crypto winter” has left many companies in the industry facing a liquidity crisis. Artur Widak | Nurphoto | Getty Images Cryptocurrency exchange CoinFlex on Tuesday issued a new token to raise funds in a bid to restart withdrawals for its customers, after one client …

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The Shillito family of Burnt Hill, New York, grows fruits and vegetables in their garden and their shopping is limited to buying in bulk and shopping directly with restaurant supply stores

Frugal New York couple with nine children who own their home and have zero debt spend $364 a month

A frugal couple with nine children who own their home in upstate New York, have zero debt and spend just $364 a month, say they’re coping with the nation’s record-high inflation by doing what they’ve always done: not spending money.    The Shillito family of Burnt Hill, New York, grow fruits and vegetables in their garden and their …

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Recession is challenging inflation as top fear among stock and bond investors

Recession is challenging inflation as top fear among stock and bond investors

It’s easy to want to duck for cover given the carnage seen this year in stocks and bonds, particularly with the Federal Reserve vowing to wage an unconditional battle against high inflation. While inflation running at a 40-year high still sits near the top of the list of worries for many investors, another potential bugaboo …

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Stagflation, reflation, soft landing or a slump --- what Wall Street expects in the second half of 2022

Stagflation, reflation, soft landing or a slump — what Wall Street expects in the second half of 2022

As the first half of 2022 draws to a close, Wall Street investment banks and their legions of strategists have been busy telling clients what they should expect in the second half of what has been an extraordinary year for markets as U.S. stocks head for their worst start in decades. Investment banks like JP …

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Revlon Bonds Are in the Tank. It’s a Bad Sign for the High-Flying Stock.

Revlon Bonds Are in the Tank. It’s a Bad Sign for the High-Flying Stock.

Text size Revlon hair products are shown at a Houston Walmart this month. Brandon Bell/Getty Images A disconnect has emerged between Revlon ’s surging stock and the depressed bonds of the bankrupt cosmetics company. Some Revlon debt trades at distressed levels of around 10 cents on the dollar, indicating pessimism among fixed-income investors about the …

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The U.S. housing market is teetering on recession. Will the economy soon follow?

The U.S. housing market is teetering on recession. Will the economy soon follow?

The last time the housing market suffered a major meltdown in 2006, it took the entire U.S. economy with it. But history never follows the exact same script twice. The weakening housing market is undoubtedly going to hurt the economy. Single-family home construction fell to a 1 million annual pace rate in May from a …

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What the Fed's biggest rate hike in decades means for the bear market in bonds

What the Fed’s biggest rate hike in decades means for the bear market in bonds

Historically bad. That’s how the mammoth $53 trillion U.S. fixed-income market has performed this year as the Federal Reserve works to curtail high inflation threatening to wreck the economy. To turbo charge the effort, the Fed on Wednesday fired off its biggest benchmark interest rate increase in nearly thirty years. But what does that mean …

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