The default rate in Europe’s €340bn high yield — or junk — bond market will climb to 5 per cent this year, according to a prediction from JPMorgan, the US bank. That is up from a rate of 3.3 per cent ...
Rohit Chopra had led the Consumer Financial Protection Bureau since 2021. Consumer groups praised his leadership, while Republicans have frequently attacked the agency.
ANALYSISAs the undeclared election campaign continues to be waged by the Albanese government and the Coalition, the issue of jobs and the labour market has emerged as a key battleground. Amid ...