The 125 year-old American retail icon and home to Kenmore and Die Hard was about to put 68,000 people out of work and possibly fold forever until this evening. With the internet and brick and mortar giants Target and Walmart it’s been hard to be competitive for the past couple decades. Some of you may…
Blake Neff Chicago’s public schools, already deep in the red, are poised to descend even further after the district solved its immediate financial woes by borrowing over $700 million at ruinously high interest rates. The fiscal calamity is so vast that Chicago’s public schools (CPS) are even more distressed than Puerto Rico’s failing government….
Juliegrace Brufke Former Chief Restructuring Officer for the Department of Treasury Jim Millstein’s restructuring-advisory firm, MillCo Advisors, is reportedly raking in millions off of Puerto Rico’s debt crisis. According to The New York Post, the former Obama official – who left the government agency in 2011 – could make as much as $52.4 million off…
Student loan debt is a hot button issue today. According to the Department of Education and the Congressional Budget Office, the federal student loan debt bill is around $1.2 trillion and is expected to double in the next ten years. Student loan debt is also one of the most trifling issues of the 2016 election…