Americans are increasingly falling behind on their credit card bills, flashing a warning sign for the economy
The amount of credit card debt written off through the first three quarters of 2024 reached $45.7 billion, up 46% ...
Tag: Debt
Mother of all bubbles: This is America’s ‘fatal flaw,’ expert says
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A forever bond issued 400 years ago still pays interest. Here’s how much the holder just got
On Dec. 10, 1624, a Dutch water authority sold a bond for 1,200 Carolus guilders to a woman in Amsterdam, ...
Bill Cosby facing foreclosure on NYC townhouse
Bill Cosby, the once-beloved TV icon whose image crumbled during a highly publicized sexual assault scandal in recent years, is ...
Gen Z is drowning in debt as buy-now-pay-later services skyrocket: ‘They’re continuing to bury their heads in the sand and spend’
More shoppers than ever are on track to use ‘buy now, pay later’ plans this holiday season, as the ability to spread ...
US debt sustainability now seen as top financial stability risk
The US government’s debt load is now seen as the biggest risk to financial stability, outweighing persistent inflation in a ...
US no-frills pioneer Spirit Airlines files for bankruptcy protection
Spirit Airlines, the no-frills US travel pioneer, has filed for bankruptcy protection after struggling with years of losses, failed merger ...
Stock market today: Dow soars 900 points as Trump nears win
U.S. stock futures rallied sharply early Wednesday as results from the presidential election pointed to a likely win for Donald ...
Stock market today: Trump trade, bitcoin soar on election results
U.S. stock futures rallied late Tuesday as results from the presidential election continued rolling in, while investors also looked ahead ...
US debt crisis: bond vigilantes are voting in this election too
Suburban moms, crypto bros, and Swifties aren’t the only voters making their presence felt this election season. Bond investors are ...
A 38-year-old with $38,000 in student debt tells other generations, ‘I highly recommend finding a way to avoid taking out loans’
Millions of Americans started repaying their federal student loans again last October, with monthly payments averaging hundreds of dollars a month. Borrowers ...
Boeing CEO lays out cautious path to turnaround as strike vote awaited
Boeing CEO Kelly Ortberg has laid out a cautious path to turn the company around, calling for a “fundamental culture ...
Debt crisis: World’s $100 trillion timebomb keeps ticking
Even before global finance chiefs fly into Washington over the next few days, they’ve been urged in advance by the ...
Is gold safer than U.S. Treasury bonds as debt keeps soaring?
Backed by the full faith and credit of the federal government, U.S. Treasuries bonds have long been viewed as the ...
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