Credit Markets Are Creaking, Creating Economic Uncertainty Analysts warn that bankruptcies and defaults could jump as the world adjusts to higher interest rates.
U.S. Debt Default Could Damage Nation’s Credit Rating If the government misses an interest payment, even by a few hours, its creditworthiness will suffer, possibly for a long time.
UBS and Other Bank Stocks Fall After Credit Suisse’s Firesale Investors are still spooked after UBS bought its Swiss peer, with confidence in the banking sector in short supply.