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NY Fed: Amid rising debt levels, some borrowers face increased stress
Reuters via Yahoo Finance· 7 days agoTotal U.S. household debt levels increased in the first quarter as already stressed credit card...
A $10 Billion Real-Estate Fund Is Bleeding Cash and Running Out of Options
The Wall Street Journal· 23 hours agoThe fund could borrow more, but that would be costly at today’s high interest rates. Sreit’s current...
Credit card debt poised to smash another record high
Fox Business via Yahoo Finance· 7 days agoNew York Federal Reserve data released on Tuesday morning is expected to show that American households are carrying a record amount of credit card debt.
Debt-hungry American companies are flocking to Europe as interest rate cuts fuel $33 billion...
Fortune via Yahoo Finance· 3 days ago“Creation of euro debt, both organic and synthetic, by US corporates with net investments in the...
In Defense of Defense Spending
The Dispatch via Yahoo Finance· 1 day agoEven back in 2010, when the debt held by the public was one-third of its current size, Joint Chiefs of Staff Chairman Adm. Michael Mullen declared that...
Federal student loan interest rate will rise to highest level in 12 years
CNN.com· 6 days agoBorrowing to pay for college is about to get more expensive: The interest rate on new federal...
South West Water owner slashes dividend by £2.4m after record sewage fine - latest updates
Daily Telegraph· 1 hour agoPennon Water announced it has decided to cut its dividend to shareholders by £2.4m - the equivalent...
Bonds Are Still an Attractive Option in Current Environment
ETF Trends· 20 hours agoExtracting yield in the current market environment is a prime option for getting bond exposure. Rate...
1 in 7 Gen Z credit card users are ‘maxed out’ — here are 3 ways to get out of debt
WFMZ Eastern Pennsylvania and Western New Jersey· 1 day agoAriel Barnes plunged into a credit card debt spiral in college, and a decade later she’s yet to...
Students borrowing from the federal government this fall will face the highest interest rate in more...
NBC News via Yahoo Finance· 6 days agoIt is not clear whether the Biden administration could intervene to freeze or even reduce rates from...