The General Growth bankruptcy shakes the foundations of the commercial real estate market, and the financing documents that hold it up. The bankruptcy plot touches on a wide range of issues, from the sacredness of corporate entities to director...

Some experts hope a decent holiday shopping season and improved consumer sentiment will help keep beleaguered retailers afloat. But others say some businesses are just playing out the rest of the year with the hope of bringing in revenue to pay down...

* Commercial real estate bank-loan defaults hit 3.4 pct * Real estate bank loan defaults may peak at 5.3 pct * CMBS defaults reach 4.01 pct in October * CMBS defaults could top 8 pct in 2010 By Ilaina Jonas NEW YORK, Nov 30 (Reuters) - The...

The low interest rates the U.S. has been paying on its colossal debt won’t last forever as the government faces a payment shock down the road.

"The same economic pressures that pushed California to the brink of insolvency are wreaking havoc on other states, a new report has found. And how state officials deal with their fiscal problems could reverberate across the United States, according to...