Billionaire tech CEO Elon Musk has in a post on social media platform X (formerly known as Twitter), expressed worry that the United States will go “bankrupt”. “Overspending must stop or America will go bankrupt,” he wrote early on March 13. Musk was responding to a post by X user @WallStreetSilv who warned that over…
Chris Elle Dove, once bankrupt, is set to retire early with over $1.5 million net worth. She transitioned from earning $50,000 a year as a professor to investing full-time. Her strategy includes living minimally, investing in real estate, and keeping spending low. Chris Elle Dove, 52, declared bankruptcy at age 29 in 2001 and survived…
Friday used to mean something. Monday was for the blahs. Wednesday was hump day. Sunday—or Saturday, depending on your Lord—was God’s day. But Friday was your day, the bright-line demarcation between when your body belonged to The Man and when your body belonged to you. As Loverboy sang back in 1981, “Everybody’s working for the…
Exactech Inc., a maker of joint-replacement implants owned by TPG Capital, has filed bankruptcy after being accused in more than a thousand lawsuits of making defective hip and knee implants that hurt patients. The Florida-based company sought court protection Tuesday in Delaware listing assets and liabilities each of between $100 million and $500 million on…
One of Russia’s largest microchip factories declared bankrupt MSN Read the original article here
In Switzerland, nearly half a million people are struggling with debt. This week, parliament discussed new measures that may offer relief to those unable to dig themselves out of insolvency, reported RTS. Photo by Mikhail Nilov on Pexels.com In Switzerland, personal bankruptcy does not extinguish your debts in the same way as it does across…
From Old-Donor Debt Relief to Emerging Lenders in Africa OECD Read the original article here
President Joe Biden made student loan forgiveness a central issue to his administration, rolling out efforts to forgive debt as well as to lower repayments for millions of borrowers. But with President-elect Donald Trump returning to the White House in January, the future of those efforts is now in question. During the presidential debate with…
Sri Lanka: Technical Assistance Report-Debt Management Reform Plan International Monetary Fund Read the original article here
Major trucking company files for Chapter 11 bankruptcy MSN Read the original article here