Articles on Bankruptcy

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Small business, big pressure: why the backbones of the NZ and Australian economies need more support

Small businesses on both sides of the Tasman are struggling. Governments and other institutions could do more to protect these economic engines.
Houston residents at a flooded park after the passage of Hurricane Beryl, July 8, 2024. Mark Felix/AFP via Getty Images

A fiscal crisis is looming for many US cities

A perfect storm of rising costs and declining revenues is stressing many US city budgets – and the Trump administration isn’t likely to send much help.
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What is bankruptcy?

It’s certainly been in the news a lot this year. But is it the same for people and companies? What’s the famous Chapter 11? Is bankruptcy always the end of the road?

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