Saks Global Files for Bankruptcy, Testing the Future of Luxury Retail
Saks Fifth Avenue and Neiman Marcus parent files Chapter 11 after running out of cash, promising to pay suppliers and keep stores open as restructuring begins.
987 articles found for "debt"
Commercial Real Estate Office Market Turns the Corner: Vacancy Set to Fall Below 18% by Year-End
CBRE forecasts office vacancy will decline from 2025 peak as development hits all-time low, demolitions accelerate, and flight-to-quality reshapes the sector.
Mortgage Credit Scores Get a Major Overhaul: New Rules Could Help 5 Million First-Time Homebuyers
FICO 10T and VantageScore 4.0 are replacing outdated credit models for mortgages, considering rent and utility payments to help thin-file borrowers qualify for homes.
Consumer Spending Growth Set to Slow to 1.5% in 2026: What It Means for Your Wallet
Real consumer spending growth is expected to decline to just 1.5% in 2026, down from 2.5-3% in recent years. Here's how the slowdown will reshape the retail landscape and your budget.
Netflix Converts Warner Bros. Deal to $72 Billion All-Cash Offer as Streaming Giant Prepares for Hollywood's Biggest Merger
Netflix amends its Warner Bros. Discovery acquisition to an all-cash transaction at $27.75 per share, fending off Paramount Skydance's hostile bid as the deal heads toward shareholder vote.
IMF Upgrades Global Growth Outlook to 3.3% for 2026, But Warns US Inflation Will Stay Sticky
The IMF raised its 2026 global growth forecast to 3.3%, citing technology investment and supportive policies. But the fund warned US inflation will return to target more gradually than expected.
IMF Raises China's 2026 Growth Forecast to 4.5% Citing US Trade Truce and Stimulus Rollout
The International Monetary Fund upgraded China's growth outlook as the US-China trade truce and fiscal stimulus measures take effect. The forecast has implications for global markets and US investors.
Mortgage Rates Hover Near 6% as Housing Market Finds Rare Balance Ahead of Spring
Mortgage rates have stabilized near 6% as the housing market enters its most balanced state in almost a decade, setting the stage for an active spring buying season.
Consumer Watchdog CFPB 'Hangs by a Thread' One Year Into Trump's Second Term
The Consumer Financial Protection Bureau faces an existential crisis as the Trump administration battles to defund the agency, with 21 states suing to keep it alive.
Week Ahead: Fed Decision, Big Tech Earnings, and the Busiest Five Days of Q4 Season
Investors brace for a pivotal week with the Fed's January meeting, earnings from Microsoft, Meta, Tesla, and Apple, and key economic data shaping market direction.
Dollar Index Slides to Three-Month Low as Trump Policy Swings Rattle Currency Markets
The DXY dollar index falls to 97.5, its lowest level since October 2025, as unpredictable trade and foreign policy messaging undermines confidence in the greenback.
College Tuition Inflation Falls Below General Inflation for First Time in Decades
In a historic reversal, college tuition costs rose just 1.5% in 2025 while general inflation ran at 2.7%. Experts say demographic pressures and competition are reshaping higher education pricing.