The default rate across 1,300 US private debt borrowers tracked by Fitch Ratings rose to a record high in the second quarter, according to a report released Thursday.
Reddit Inc. projected current-quarter revenue that beat Wall Street estimates, but shares fell after it failed to announce any new data licensing agreements.
Swarthmore College, an elite liberal arts school in Pennsylvania, lost its AAA grade from S&P Global Ratings after running up its debts to finance renovations to dormitories, classrooms and other projects across its campus. Bloomberg's Amanda Albright reports on "Bloomberg Real Yield." (Source: Bloo
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Capital expenditure across the group climbed to $53bn in the quarter ending in June
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Electronic Arts says all regulatory approvals for its sale have been completed
The future success of Ukraine's reconstruction will increasingly depend on Kyiv’s ability to promote participation in the country’s recovery not only as a moral imperative, but also as a shared economic and security interest, writes Olga Usenko. The post Ukraine’s reconstruction: Advancing from soli
Kevin Warsh’s silent treatment will backfire on the central bank.
Coinbase Global Inc. reported a third consecutive quarterly decline in revenue, showing once again how a cooling crypto market can pressure even one of the industry’s most diversified exchanges.
The slump in the shares of online used-car dealer Carvana Co. on Thursday is creating a potential windfall for investors who have been bearish on the stock.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Emily Graffeo, Carol Massar and Tim Stenovec. (Source: Bloomberg)