Newsroom Headlines

Private student loan borrowers who filed for bankruptcy are finally getting some relief from student loan provider, Navient Corp., to the tune of $198 million, YahooFinance.com reported. Navient

Western Global Airlines has filed for bankruptcy with a plan to cut its debt after the employee-owned cargo carrier faltered because of headwinds including the weakening global economy and higher

The collapse of one of America’s largest trucking companies is reverberating across the economy, from domestic shipping and real-estate markets to Wall Street, WSJ Pro Bankruptcy reported. Yellow was

The University of Iowa has revealed plans to acquire Mercy Hospital on the heels of the organization's recent bankruptcy filing, the Iowa City Press-Citizen reported. Mercy "voluntarily" filed a

U.S. consumer borrowing increased in June by more than forecast on the biggest gain in non-revolving credit in eight months, Bloomberg News reported. Total credit rose $17.8 billion on the heels of

Apartment buildings, long considered a real-estate haven, are emerging as the next major trouble spot in the beleaguered commercial-property world, the Wall Street Journal reported. Investors bid up

Now that regulators in Washington, D.C., have unfurled a hefty reform package of post-financial crisis capital regulations, banking industry advisers are honing in on what they consider most

Some of the biggest names in commercial real-estate lending have all but turned off the spigot, the Wall Street Journal reported. Blackstone Mortgage Trust and KKR Real Estate Finance Trust, two of

Securities and Exchange Commission (SEC) Chairman Gary Gensler warned in a new interview that artificial intelligence (AI) will eventually lead to financial crises, The Hill reported. “This technology

EV Firm Proterra Files for Chapter 11 Protection Electric-vehicle parts supplier Proterra (PTRA.O) filed for chapter 11 bankruptcy protection on Monday, making it the latest company to go belly up in