Big investors are eyeing Bitcoin-backed loans, but Fitch Ratings, a major credit rating agency, has a warning: these loans are risky business. Why? Because Bitcoin's price swings wildly, and that volatility can quickly turn these loans sour. Fitch pointed out that these loans are often backed by Bi
Six Flags, a name synonymous with thrilling rides, is now facing a financial rollercoaster of its own. The company's credit ratings took a hit recently, with Moody's downgrading them by two notches. This isn't just a small dip; it's a significant drop that reflects some serious challenges the compan
The credit ratings company S&P has issued a warning to Chicago Public Schools (CPS). They said how the district manages its upcoming contract with the Chicago Teachers Union (CTU) will impact its financial health for years to come. CPS needs to either find more money or cut costs. If they don't, the
