Explore what credit risk is, its impact on loans and investments, the role of credit ratings, and real-world examples to mitigate potential financial losses.

In 2023, a stalemate between then-President Joe Biden and congressional Republicans over the debt ceiling prompted panic among financial analysts and everyday Americans alike. The deal they struck, ...

A credit derivatives committee has been asked to rule whether a 'failure to pay' credit event has been triggered by Zambia, ...

Learn about debentures, their types, features, and potential risks. Discover how they compare to other bonds and understand ...

Treasury Secretary Scott Bessent on Sunday said that the U.S. government will never default on its debt as the federal government faces a looming deadline to address the debt limit this summer.

Fitch downgraded Sri Lanka's sovereign credit rating to "CCC" on Friday, warning the country's debt levels were set to soar past 100% of GDP and that it was increasingly at risk of default.

The U.S. is heading towards a financial crisis, and the process is happening at a slow pace, cautioned David Kelly, the chief ...

A new report by the Consumer Federation of America to Congress calls on lawmakers and regulators to protect car buyers, saying a crisis is at hand.

The twin towers in downtown New Orleans are in loan default, casting uncertainty over Hertz Investment Group’s holdings as ...

A mild recession, analysts say, would likely be the best-case scenario in the event of the US government defaulting on its debts. WASHINGTON -- The fight over raising the nation's borrowing limit ...