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Credit and Debt

A collection of news and information related to Credit and Debt published by this site and its partners.

Top Credit and Debt Articles see all

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  • S&P cuts Argentina's credit rating further as talks drag on

    (Reuters) - Standard & Poor's on Wednesday cut its credit rating on Argentina's foreign-currency sovereign debt to "selective default" even as talks between officials from Latin America's No. 3 economy and a group of holdout creditors continued in New York.
  • Council OKs six-month hold on residential hotel conversions

    Council OKs six-month hold on residential hotel conversions
    The redevelopment of single-room-occupancy hotels and residential hotels within Chicago will largely come to a halt until early next year, now that the Chicago City Council has passed a six-month moratorium related to those projects. Approved 47-0...

    U.S. money fund assets rise in week after reform

    (Reuters) - U.S. money market fund assets grew a week after U.S. regulators handed down changes to the $2.6 trillion industry in an attempt to avert the risk of runs in case of another financial crisis, a private report released on Wednesday showed....

    WME/IMG Names Corporate Vet CFO as Agency Faces Post-Merger Scrutiny

    WME/IMG has filled the key void in its management ranks with the appointment of Microsoft and General Motors alum Chris Liddell as chief financial officer. Liddell (pictured) was recruited during the past month after Peter Klein, a former CFO of...

    States debate digital currency

    Now that consumers can use digital currencies like bitcoin to buy rugs from Overstock.com, pay for Peruvian pork sandwiches from a food truck in Washington, D.C., and even make donations to political action committees, states are beginning to explore...