Many businesses applying for loans are looking to finance receivables and other working capital, according to a new survey of bankers by Sageworks, a financial information company.
The average probability that a private construction company would default in the next year was 3.79 percent for the 12-month period ended Dec. 31, compared with 5.73 percent for the year-earlier period.
Because someone has to lose every election, the end of every election year brings a cascade of regret and recriminations upon the losers. And because ...
National Review Online has published an amazing editorial which advocates redefining the debt ceiling so as to exclude any borrowing necessary for ser...
* Conservatives say Treasury could pay some bills and not others * Prioritizing payments hit by critics as unworkable B...
If your company recently applied for business credit and was rejected, it's not alone.
House Republicans are seriously entertaining dramatic steps, including default or shutting down the government, to force President Barack Obama to fin...
House Republicans are seriously entertaining dramatic steps, including default or shutting down the government, to force President Barack Obama to fin...
WASHINGTON -- In the wake of news that both the Treasury Department and the Federal Reserve rejected the minting of a trillion dollar coin as a soluti...
WASHINGTON -- The U.S. Treasury Department will not mint a high-value platinum coin to avert the debt ceiling, according to an official statement from...
Senate Minority Leader Mitch McConnell is threatening to risk a default on the national debt unless President Obama agrees to large spending cuts. But playing politics with the debt ceiling is a dangerous and inappropriate game.
More than four years after the peak of the U.S. financial crisis, bankers, businesses and borrowers still remain cautious about their exposure to risk.
No.* *We explain in the video above....
Accounting professionals by nearly a 2-1 margin said in an online survey that their business clients don't do enough to ensure creditworthiness of customers, vendors and other potential transaction partners before they extend credit.
By: Youth Radio One kind of business is thriving in the midst of troday's struggling economy: debt collection agencies in charge of tracking down stu...
Goldman Sachs is preparing for possible sovereign defaults in Europe, the company's CEO said Friday. "It's in the nature of contingency planning an...
By: Robyn Gee Story after story about college students graduating with mountains of debt permeate the news every day. Headlines like, “A Genera...
(Adds comments) By Jim Christie SAN FRANCISCO, Feb 28 (Reuters) - Stockton, California's city council approved a plan l...
Growing numbers of rich Americans are welcoming the foreclosure crisis into their homes. Default rates for the nation's most expensive properties ...
Christine Jackson's three-bedroom wood-frame home in Indianapolis is in danger of foreclosure. It's not because she can't afford her mortgage, but bec...
NEW YORK -- Early Monday afternoon, a group of faculty and student organizers unveiled the Occupy Student Debt campaign from the southeast corner of l...
JPMorgan Chase is reaching back into the playbook, and the result could help the housing market hit bottom. The newly-minted largest bank in the c...
The markets expect a Greek default and time is running out. However, banks still haven't recognized enough of this loss, highlighting the pent-up risk in the sector.
U.S. corporations have come to believe their fates are no longer inextricably tied up with the fate of their country's economy. They're sorely mistaken, and we're all suffering from the consequences of their delusion.
"I'm sure the Super Committee will arrive at some explanation for utter failure that is ludicrous enough to be acceptable to all Americans."
