Tag: DEBT
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GameStop shares drop 25% after the retailer issues debt to buy bitcoin
Traders work at the post where GameStop is traded on the floor at the New York Stock Exchange on June 12, 2024.Brendan McDermid...
China announces $1.4 trillion package over five years to tackle local governments’ ‘hidden’ debt
Pictured here is a construction site of property developer Hongkong Land, in Shanghai on Nov. 4, 2024.Feature China | Future Publishing | Getty...
China’s Ministry of Finance tackles debt problems before economic challenges
The 597-meter high Goldin Finance 117 Tower in Tianjin, China, started construction in September 2008, but still stands unfinished in this picture, taken...
China’s local government debt problems are a hidden drag on economic growth
Local governments in China are still building highways, bridges and railways, as pictured here in Jiangxi province on Sept. 6, 2024.Cfoto | Future...
How a ‘seriously delinquent tax debt’ could get your passport revoked
Grace Cary | Moment | Getty ImagesTravelers, be warned: The federal government may revoke your passport if you ignore a big tax bill.Such...
