Bally’s Warns of Debt Covenant Breach Risk as It Seeks New FundsNew!!
Bally’s Corp. warned investors of “substantial doubt” that it will be able to continue as a going concern as the company risks running afoul of agreement with lenders.
Bond Traders Agonize Over AI Companies’ $70 Billion of Shadow Credit BackstopsNew!!
Even before Nvidia Corp.’s splashy $500 billion financing partnership this week, investors were starting to fret over the roughly $70 billion in phantom liabilities that don’t appear on major AI companies’ balance sheets, but could materialize at the worst possible time.
Peru’s Economy Unexpectedly Slows as Fishing, Agriculture SlumpNew!!
Peru’s economy unexpectedly slowed in June due to a slump in fishing and agriculture output amid unusual weather conditions.
‘It’s a double-edged sword’: My husband got a $42,000 bonus. Will it wipe out our Affordable Care Act subsidy?New!!
“We were advised to return the bonus and take out a home-equity loan.”
I’m 63, a retired CPA with a $1.2 million 401(k). Do I need to bother with a Roth conversion?New!!
“I don’t expect my marginal tax rate to be materially different in the future.”
Think interest rates are high now? These charts offer a different perspective.New!!
Also in Weekend Reads: 10 remarkable housing markets, stock picks, and health-insurance battles.
Owning a home is overrated. Renting is now often a much better money move.New!!
There are better ways to think about investments than homeownership.
An active fund holding a whopping 800 stocks is beating major indexes. Here’s how.New!!
For diversification in the stock market, there are actively managed alternatives to index funds.
Ballet flats are so popular that even brands like Birkenstock and Crocs are cashing in on the trendNew!!
Ballerina shoes are back in style thanks in part to nostalgia. Gen Z shoppers are even pairing them with running shorts.
Will Trump accounts and grandparent 529s bring down the price of college in the future?New!!
Caps on student borrowing could also play into how America pays for college.