junk

The credit world’s version of the “Trump trade” is starting to take shape: buy high-yield US bonds and stay away from anything inflation-sensitive. Institutional bond investors around the world have already begun positioning themselves…

Recently, renowned trader Peter Brandt voiced criticism directed squarely at Ethereum (ETH), the second-largest crypto by market capitalization, denouncing it as a “junk coin” in a blunt assessment. Ethereum Faces Criticism…

© Reuters. FILE PHOTO: A woman walks past a board showing currency exchange rates in central Kiev, Ukraine January 27, 2020. REUTERS/Gleb Garanich/File Photo (Reuters) - S&P Global said on Friday it considers it a "virtual…

For more than a decade, an abandoned piece of a Japanese rocket has been speeding uncontrolled around Earth, at risk of colliding with active satellites and causing havoc in orbit. Now a Tokyo-based startup run by a veteran of McKinsey…

(Bloomberg) -- New York Community Bancorp’s credit grade was cut to junk by Moody’s Investors Service less than a week after the regional lender alarmed shareholders by slashing payouts and stockpiling reserves to cover troubled loans tied…

© Reuters. A general view of buildings by the Nile River in Cairo, Egypt January 30, 2021. REUTERS/Mohamed Abd El Ghany/ File photo (Reuters) -Ratings agency Fitch downgraded Egypt's long-term foreign-currency issuer default rating…