Michael Saylor’s financial alchemy thrust an ordinary software company, Strategy, into the center of the crypto frenzy. It all worked spectacularly, until now.
Category: Credit and Debt
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Banks Ready Battle Plans to Save Their Credit Card Businesses
“Everything’s on the table,” an executive at JPMorgan Chase said, as the industry seeks to head off President Trump’s effort to cap interest rates.
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As Trump Pushes Housing Affordability, His Mortgage Chief Undermines It
Under Bill Pulte, Fannie Mae and Freddie Mac have pulled away from efforts to help low-income people buy homes.
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New Car Sales Are Rising Thanks to Purchases by the Well-Off
A larger proportion of new cars are being bought by affluent Americans as prices and interest rates for auto loans climb, analysts said.
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Dimon’s $770 Million Windfall Shows How Banking Is Great Again
The Trump administration is lifting regulations, and deal making is heating up. For Jamie Dimon, being JPMorgan Chase’s chief executive was more lucrative in 2025 than ever.
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Saks C.E.O. Steps Down as Company Struggles to Pay Down Debt
Saks Global’s executive chairman, Richard Baker, is taking over the luxury retailer he created with the 2024 acquisition of Neiman Marcus and Bergdorf Goodman.
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Big Changes Are Coming to Student Loans. Here’s What to Know if You’re Struggling.
Millions of borrowers who are behind can expect the government to tighten the options in 2026. Experts say take action now to get help.
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Can the Most Indebted Team in Global Soccer Fix Its Finances?
F.C. Barcelona’s liabilities have reached 2.5 billion euros, the result of financial mismanagement and vaulting ambition.
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Investors Warn of ‘Rot in Private Equity’ as Funds Strike Circular Deals
Buyout firms have struggled to sell companies they own and have instead found a workaround to get cash back to clients: Selling the companies to themselves.
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Investors Warn of ‘Rot in Private Equity’ as Funds Strike Circular Deals
Buyout firms have struggled to sell companies they own and have instead found a workaround to get cash back to clients: Selling the companies to themselves.
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Student Loan Borrowers in Default Could See Wages Garnished in Early 2026
Starting the week of Jan. 7, the Dept. of Education will begin sending notices about paycheck deductions to about 1,000 of five million borrowers in default.