debt

Biden’s student loan forgiveness scheme will push inflation up again

U.S.
Amanda Smith

As a taxpayer (and someone who has paid off my college loans), I find the president’s costly new entitlement program to be ...

MGM Resorts responds to claims Bruno Mars owes $50 million in gambling debt

Entertainment
Laura Davis

Easy come, easy go… MGM Resorts has denied claims that Bruno Mars owes the company $50 million in gambling debt. “We’re proud ...

12 financial moves to make this spring

Business
Jessica Roberts

Allworth Advice: Some 401(k)s are not like others Amy Wagner with Allworth Financial discusses whether a 401(k) is the best retirement plan. ...

Wharton professor predicts 2025 financial meltdown with $34 trillion debt set to ‘derail the next administration’

Business
Jessica Roberts

Wharton Business School Professor Joao Gomes has said the debt mountain marks a ‘moment in history’ and it could ‘derail the next ...

Financial stress peaks in the populations of these 10 American cities

Business
Jessica Roberts

US economy masks credit crisis as debt hits millions Despite the overall health of the US economy, there are growing concerns as ...

Donald Trump’s property could be seized if he can’t pay US$454 million civil fraud debt, New York’s Letitia James says

U.S.
Amanda Smith

Trump claimed last year that he has about US$400 million in cash – reserves that would get eaten up by his court ...

How bonds perform one year after the Federal Reserve’s first rate cut of a cycle

Business
Jessica Roberts

Published: Feb. 16, 2024 at 2:51 p.m. ET The U.S. bond market’s strong rally in the fourth quarter likely has more room ...

Fed’s Beige Book finds signs of cooling labor market across most of the country

Business
Jessica Roberts

Published: Jan. 17, 2024 at 2:22 p.m. ET There were signs that the labor market was cooling in nearly all regions of ...

What history says about stocks and the bond market ahead of a first Fed rate cut

Business
Jessica Roberts

Investors are convinced the Federal Reserve’s next move will be to cut rates. But if the Fed does follow through, the timing ...

Credit card debt rises as some struggle to pay off holiday spending

Business
Jessica Roberts

Why medical credit cards could hurt more than help Before turning to medical credit cards or loans to cover bills, beware of ...