Browsing: Debt
Heavily indebted countries can look just fine until suddenly they don’t, finance watchdog warns—’That is how markets work’
Indebted countries are vulnerable to a precipitous loss of confidence even though that risk is barely acknowledged in bond markets,…
The owner of Redbox DVD kiosks just filed for bankruptcy, saying results ‘failed to meet management’s expectations’
Chicken Soup for the Soul Entertainment Inc. — the seller of self-help books, film and television content — filed for…
Amid election nerves French traders race to secure funding as they foresee the worst blow to bonds
The worst bond rout since the sovereign debt crisis. Companies rushing to lock in funding before a potential capital drought. An almost…
Rumors of American consumer strife are greatly exaggerated, Affirm CEO and PayPal cofounder says
Reports of American consumers’ inability to pay their bills—or their waning interest in shopping—are greatly exaggerated. That’s according to one…
The national debt is over $34 trillion. It’s time to tell the truth about the U.S. government’s finances
If anyone living in the United States in the decades immediately after the Second World War had predicted the self-inflicted…
U.S. debt could threaten the economic growth that’s needed to keep the burden sustainable, former IMF official says
Even if the U.S. avoids some of the worst-case scenarios, ballooning debt and the cost of servicing it could eventually…
Americans would no longer have to worry about medical debts dragging down their credit scores under federal regulations proposed Tuesday…
Remember, the U.S. doesn’t have to pay off all its debt, and there’s an easy way to stabilize it, Nobel laureate Paul Krugman says
Ballooning U.S. debt has stirred growing alarm on Wall Street, but economist Paul Krugman isn’t worried and said you shouldn’t…
S&P downgrades France as debt to soar more than expected, putting it on par with Czech and Estonian ratings
S&P Global Ratings downgraded France, tarnishing President Emmanuel Macron’s record for debt management and plunging him deeper into political difficulties…
Janet Yellen warns higher outlook for rates will make it harder to keep deficits and debt expenses under control
Treasury Secretary Janet Yellen said the outlook for higher interest rates over the long haul makes it tougher to contain…