Everything Americans thought they knew about personal finance was upended when the Federal Reserve started aggressively hiking interest rates to cool post-pandemic inflation. After more than a decade of ultralow rates, borrowers suddenly found themselves stuck in an unfamiliar, high-rate world — priced out of homes and cars, pushed deeper…

A group of senior creditors to JetBlue Airways has reportedly hired financial and legal advisors as the airline faces mounting financial pressure, falling bond prices and rising fuel costs that have complicated turnaround efforts. The creditors are working with investment bank PJT Partners and law firm Akin, according to The…

Anthropic on Monday released the prospectus for its highly anticipated initial public offering (IPO) as the tech giant looks to raise capital to help further its AI ambitions. The company’s prospectus shows Anthropic has seen rapid growth over the last year, as well as mounting costs amid deep investment in…