Tag: debt

November 26, 2018

Treasury yields edged higher on Monday trading, ahead of a key debt auction that could indicate investors’ appetite for short-dated U.S. government paper. The 10-year Treasury note yield TMUBMUSD10Y, +1.05% is up a single basis point to 3.064%. The 2-year […]

June 27, 2018

General Electric is set for better performance as the company’s leadership works to break off segments of the business, Oppenheimer said in upgrading shares of the industrial conglomerate to perform from underperform. The announced spinoff of GE’s health-care unit and […]

May 14, 2018

The U.S. should keep its debt-to-GDP (gross domestic product) in mind before things “get out of hand,” Federal Reserve Bank of Cleveland President Loretta Mester said Monday. Asked by CNBC’s Joumanna Bercetche if she was worried about the outlook for […]

March 8, 2018

CHICAGO (Project Syndicate) — Every major financial crisis leaves a unique footprint. Just as banking crises throughout the 19th and 20th centuries revealed the importance of financial-sector liquidity and lenders of last resort, the Great Depression underscored the necessity of […]

March 6, 2018

Credit card debt. It seems to be an inevitable part of life for many Americans. And, recent data suggests that it really is. According to the Federal Reserve, American credit card debt hit a record high in 2017, rising to […]

March 1, 2018

You don’t have to be a credit expert to know that tactics like keeping your debt low and paying bills on time are proven ways to improve your FICO score. But they aren’t the only ways to see a spike. […]

December 18, 2017

Perhaps Americans should add “paying off debt” to their New Year’s resolution lists. This year marked an unwelcome milestone for consumers, with credit card debt reaching a new high. As of June 2017, Americans owe a record $1 trillion on […]

September 1, 2017

The National Flood Insurance Program is nearly broke, and just at the worst possible time. The U.S. government’s 49-year-old flood-insurance program is about $25 billion in debt, with just $1.7 billion of cash and $5.8 billion of borrowing capacity. And […]

August 31, 2017

Personal loans can be a good choice for consumers who need cash to cover a major expense or pay off higher-interest debt, but getting approved for bank loans can be difficult for individuals with credit issues. For these credit-challenged consumers, […]

April 12, 2016

These are difficult times for investors, the market and the larger global economic climate. Famous economist Albert Edwards and celebrated hedge fund titan Stanley Druckenmiller have in the recent past rung a number of alarm bells, confident that corporate and […]

January 19, 2016

Americans are increasingly whipping out plastic to pay for their purchases. This growing reliance on credit cards resulted in Americans closing out 2015 with more than $900 billion in credit card debt, according to a recent credit card study by […]