Browsing: debt

It’s easy to forget that less than a generation ago, the US government’s fiscal trajectory was excellent. 

Madison Technologies Inc. (MDEX) reported its June 30, 2026 quarter with no operating revenue, a very small asset base of $51,275, and heavy liabilities of $24,623,424, resulting in a stockholders’ deficit of $24,572,149. The company has no cash and a working capital deficit of $24,572,149, funded largely by debt, including senior secured notes, multiple defaulted…

The U.S. national debt is hurtling toward $40 trillion, and Bank of America Research strategist Michael Hartnett’s “Anything but Bonds” framework is becoming ever more applicable. Boiled down, Hartnett warns the U.S. is accumulating too much debt, which causes the government to issue too many bonds. Investors want compensation for the fiscal risk, making long-duration…

XP Inc. reported solid mid‑2026 results, with net income of R$ 2,702,046 thousand for the six months ended June 30, 2026, up from R$ 2,557,484 thousand a year earlier. Basic earnings per share rose to R$ 5.2353 from R$ 4.8056.

Empresa Distribuidora y Comercializadora Norte S.A. (edenor) reports interim results for the six months ended June 30, 2026 under IFRS in a hyperinflationary context. Revenue reached $1,822,538 million, up modestly from $1,736,009 million, while income for the period was $157,132 million, slightly below $174,953 million a year earlier.

African startups closed 44 disclosed rounds worth $100,000 or more in July 2026, raising a combined $102 million. While the number of funded companies stayed near the 12-month average, the total raised came in 60% below the monthly average of $258 million, making it the weakest month since March 2025.