Find articles

Beijing has room to borrow, but heavily indebted local governments are cutting back, raising the stakes for growth and for how China manages its local debt.

JetBlue faces growing financial scrutiny as creditors reportedly retain advisors amid falling bond prices, rising fuel costs and an $8.5 billion debt burden.

SpaceX announced a $40 billion bond issuance deal to buy graphical processing units for AI, with the first chips expected to ship in 1H of 2027.

When SpaceX issued its first corporate bonds, it paid 6.65% for the most expensive piece. The most expensive slice of the $40 billion of private credit borrowing it’s finalized in recent days will cost as much as 8.75%.

Pursuing benefit cuts over tax hikes would grow the economy and reduce the national debt burden.

Proposition 37 would let California issue $25 billion in bonds for down payment assistance, but more borrowing won't solve the housing shortage.

SpaceX closed $40 billion in debt financing for GPU purchases as Elon Musk warns AI debt markets have shut off access for most companies.

Elon Musk said in an X post that SpaceX has closed $40 billion in debt financing to purchase GPUs.

I racked up over $11,000 in credit card debt traveling, shopping and dining out. Here's how I paid it all off in under two years.

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF Blackstone tactical opportunities group led a $2.3B private credit loan to CoreWeave in 2023, marking the first major deal of its kind and becoming a blueprint for chip-backed debt. This marked the first major deal of its kind and became a blueprint for chip-backed debt that, three years on, is on track to become a trillion-dollar market, eclipsing even the borrowings used to build the data centers housing the chips. It’s a testament to how intertwined the global AI expansion and credit markets have become in such a short time On today's episode: Dina Bass, Bloomberg News AI Infrastructure Reporter Jay Chaudhry, CEO & Founder, Zscaler Ray Madoff, Author, The Second Estate Jessica Dupuy, Co-Author of Italianity, Award-Winning Wine, Spirits, Food & Travel Writer (Source: Bloomberg)

With U.S. household debt reaching $18.8 trillion, Americans from Gen Z to the Silent Generation face distinct pressures. Here is who each age group blames for their financial strain—and how they are coping.

War, rising debt, and retrenched ambitions are testing Saudi Crown Prince Mohammed bin Salman’s vision to reshape his kingdom, and the region.

Federal budget rules could mask Social Security's looming insolvency by scoring general revenue transfers as costless, warns a Penn Wharton expert.

French borrowing costs have surged as debt and political risks mount, raising questions over whether the stress could spread across the euro zone.

Faced with dwindling job opportunities, high property prices, and student debt, young people are looking at alternative ways of making a living.

Skydance is $80 billion in debt following its acquisition of Warner Bros. Discovery.

Investors are fretting over the massive debt AI companies are relying on to finance data center and chip spending, Wall Street analysts say.

Musk is trying to raise money to fund a massive expansion in chips, data centers.

Bond markets are signaling unease over AI financing costs and sovereign debt in parts of Europe. More stress tests are coming.

Blackstone COO Jon Gray says CoreWeave's underlying business is strong despite concerns over its mounting debt.

Your home's equity could offer a way out of expensive debt, but the potential savings come with serious trade-offs.

S&P Global warned that technology giants may carry more AI-related liabilities than investors realize as borrowing, guarantees and private-credit exposure fuel concerns over Wall Street’s AI boom.

Rick Rieder, BlackRock's CIO of global fixed income, lays out his expectations for the fourth quarter and where he sees the best opportunities.

Chicago Mayor Brandon Johnson’s budget for next year includes a renewed push for a per-employee head tax on businesses and a request to sell millions in bonds to pay down settlements and judgments for past police misconduct.