Evergrande’s debt crisis: International creditors threaten legal action over ‘opaque’ restructuring process

A group of the company’s overseas bondholders are threatening to take legal action over its “opaque” debt restructuring process, the latest sign of trouble for the embattled Chinese developer. They said in a statement Thursday they’ve had to “seriously consider enforcement actions” after Evergrande failed to engage substantially with them […]

Prices are soaring. How high can they go?

We know the causes: worker and product shortages have resulted in pandemic-era price hikes for such goods such as used cars, as well as strong consumer demand. Now, the Federal Reserve has come down from the mountain to rein inflation in. In October, the central bank announced a tapering of […]