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Bankruptcies increase amid high interest rates, drying up of pandemic stimulus money
Midland Daily News· 2 hours agoLynn Osborne, a Lansing-based bankruptcy attorney, recently represented a single mother of three who...
China's property stimulus raises risks for banks in smaller cities, S&P Global says
Reuters via Yahoo Finance· 1 day agoChina's latest steps to revive its struggling property market could pose risks to banks operating in...
Several Chinese cities slash down payments, mortgage rates to boost property demand By Reuters
Investing.com· 6 days agoSeveral cities across China have lowered down payment and mortgage loan interest rates, in response...
US federal budget crosses grim milestone as interest payments overtake defense spending
Yahoo Finance· 7 days agoInterest payments are ballooning for two obvious reasons. The first is that annual deficits have...
Fact-checking Joe Biden on the economy in CNN interview
Politifact· 1 day agoPresident Joe Biden repeated several claims about the economy during a May 8 interview with CNN’s...
25% of consumers recently used a buy now, pay later loan, report finds. What to know as they become...
CNBC· 6 hours agoAbout $1.12 trillion of that is on credit cards. Buy now, pay later, or BNPL, loans often don't...
The world’s largest pension fund may be running dry
Market Watch· 6 hours agoThe vast majority of household wealth in China is tied up in property — roughly 70%, according to government statistics. Home prices could fall further,...
‘Underwhelming’ stimulus won’t rescue China’s grounded property market: analysts
South China Morning Post· 4 days agoThe property market once accounted for about a quarter of China’s economy but has been high and dry since August 2020 when China’s “three red lines” policy shut the industry’s weakest borrowers ...
Persistent US federal deficits hurt GDP, incomes & living standards: Piper By Investing.com
Investing.com· 6 days agoPersistent US federal deficits hurt GDP, incomes & living standards: Piper
Trump rallies in the South Bronx as he seeks to win over Black and Hispanic voters
NBC News via Yahoo News· 5 days agoDonald Trump drew one of the most diverse rally crowds of his political career on Thursday when he...
