Politics
House Republican Breaks Ranks and Shreds Trump’s “Debt Bomb” Tax Bill
While Republicans managed to pass their budget bill through the House Thursday morning, one GOP representative was not happy, calling it a…
Tag
Debt
Business
Gold rises as investors grow cautious amid US debt fears
Markets are now pricing in at least 50 basis points of rate cuts this year, with the first one expected in October Gold prices rose on…
Politics
Debt hawks spar with blue-state Republicans over tentative SALT deal
A tentative deal to quadruple the existing $10,000 cap on the federal deduction for state and local taxes, or SALT, is irritating…
Business
Student loan borrowers in these jobs have most long-term financial impact
A new national survey reveals that public-sector employees are significantly more likely to hold student loan debt than their…
Business
Foreign banks sell record Indian sovereign debt as tensions rise
Foreign banks sold a record amount of Indian government bonds on Thursday (May 8), as a growing border conflict with Pakistan weighs on…
Business
WeightWatchers Files for Bankruptcy to Reduce $1 Billion in Debt
WeightWatchers, a 62-year-old health and wellness company that has faced stiff competition from new weight-loss drugs and programs, filed…
News
Student Loans: What resumption of payments means for taxes, Social Security
In less than a week, millions of student loan borrowers who have not been keeping up with their payments will face forced collections,…
Business
Telegram weighs US$2 billion bond sale to refinance 2021 debt
[DUBAI/LONDON] Telegram is holding investor meetings about a bond sale worth about US$2 billion as the social media app seeks to refinance…
Politics
Student Debt Collections Restart on May 5. Here’s What to Know.
After a five-year reprieve, the Trump administration will restart forced collections on federal student loans in default, which could…
Business
MPACT struggles with leasing demand, cost of debt as Q4 DPU tumbles 14.8%
The manager of Mapletree Pan Asia Commercial Trust (MPACT) on Friday (Apr 25) warned of ongoing challenges – including slow leasing demand…
Business
Huawei raises record 20 billion yuan in Chinese debt issuance spree
The parent of Huawei Technologies is tapping low borrowing costs in China’s credit market to raise a record amount of debt, as trade…
Business
Metals billionaire Anil Agarwal seeks mining reboot amid debt overhaul, Saudi push
Indian billionaire Anil Agarwal is inching closer to finishing a long-planned breakup of his metals-to-energy conglomerate Vedanta, a move…
Politics
How Trump’s War on the IRS Impacts the GOP’s Debt Ceiling Fight
“After tax season, we enter months where the government just spends more money, with the exception, really, of that June 15 date,” said…
Politics
Trump’s IRS Pick Had Some Interesting People Pay Off His Personal Debt
Shortly after Trump announced Long as his pick to head the IRS, the committee was suddenly flush, taking in $137,000 in under three weeks…
News
Japan debt deals pulled as tariffs hit deals outlook across Asia
Three Japanese companies have postponed the sale of 100 billion yen (S$916.7 million) worth of yen-denominated bonds in the wake of global…
Politics
How two Kentucky Republicans make a stand on federal debt, refuse to toe the line for Trump
As pressure mounts on congressional Republicans to unify and compromise on spending policy for President Trump's agenda, two Kentuckians…
Business
IMF calls for Thai rate cut to support inflation, ease debt load
A FURTHER reduction in Thailand’s policy interest rate will help shore up low inflation and ease the burden for local borrowers, according…
Business
Thai Airways set to emerge from debt with plan to double fleet
FIVE years after Thai Airways International filed for bankruptcy protection, the state-controlled carrier’s court-appointed debt…
Business
Australia’s Star Entertainment gets potential lifeline as Oaktree offers debt refinancing
Oaktree’s offer is subject to numerous conditions and there is no certainty it will progress, Star says STAR Entertainment Group received…
Business
HSBC hires ex-BNP banker Sun as head of debt markets for Asia
HSBC Holdings hired former BNP Paribas banker George Sun as head of global debt markets for Asia, attracting an outsider even as the bank…
News
"Soul crushing" moment Gen Z nursing graduate finds out she's $110K in debt
A Generation Z nursing graduate has gone viral after discovering that she owes more than $110,000-worth of debt, and she's only 26 years…
Culture
How to Pay Off Credit Card Debt
Ms. Harris suggests that her clients try “Frugal February” — avoiding discretionary spending and impulse purchases, and putting the money…
Politics
Lithuanian president doubts EU can agree on joint debt for armaments
Lithuanian President Gitanas Nausėda is sceptical that it will be possible to reach an agreement on joint European debt for arms…
Business
Temasek and CenterSquare launch US$100 million commercial real estate debt co-investment vehicle
The portfolio continues a strategy across the global real estate investment manager’s debt fund series TEMASEK and CenterSquare Investment…