S&P Global Ratings found there's also a rise in companies that default multiple times.
The largest U.S. banks are reporting a slowdown in lending. Bank of America and PNC were the latest to do so, with the former reporting Tuesday (April 16) that lending was “sluggish” and the latter saying its lending dropped 1%, the Financial Times (FT) reported Tuesday. With their earnings reports released Tuesday, they joined three other top banks — Citigroup, JPMorgan Chase and Wells […]
Student debt, a new Gallup report shows, is making it harder for young people to reach key life milestones. According to a Gallup survey of over 14,000 adults, over 70% of people say student debt has “delayed major life events” including moving out of their parents’ home, getting married, and having a child. Strikingly, there […]
Debt Matters: Why It's Time To Position Into Countries With Low Outstanding Debt Authored by Robert Burrows via BondVigilantes.com, In an era of economic uncertainty and volatility, the importance of managing national debt has never been more evident. Investors seek stability and long-term growth opportunities, so the spotlight turns towards countries with low outstanding debt. Understanding the Debt Conundrum National debt, often measured as a percentage of a country’s GDP,...
You may have noticed over the last few days that the political world is in an uproar over President Biden's dispensing of student debt relief. It's not so much that Biden implemented the relief program at all; what got politicians and pundits in a tizzy was that he called out the GOP naysayers in the House by pointing out that many of them had received business loans via the pandemic-era Paycheck Protection Program, or PPP, that had never been paid back. The White House tweeted out the forgiven...
“I was shocked to learn that medical debt was the number one cause of personal bankruptcy. This, along with the desire to help our neighbors across Hawaii, convinced our group that eliminating the medical debt hanging over many of them."
NEW YORK, April 22, 2024 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP: Do you, or did you, own shares of iRobot Corporation (NASDAQ: IRBT)? Did you purchase your shares between August 5, 2022 and January 26, 2024, inclusive? Did you lose money in your investment in iRobot Corporation? Do you want to discuss your rights? Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class
Dear Dave, A few years ago, I had a real problem with credit card debt. Since then
The deadline is coming up for tenants in Los Angeles to repay all their past-due rent from earlier in the COVID.
Traditional societies usually had restrictions to prevent self-support land from being alienated outside of the family or clan. By holding that the essence of private property is its ability to be sold or forfeited irreversibly, Roman law removed the archaic checks to foreclosure that prevented property from being concentrated in the hands of the few. This Roman concept of property is essentially creditor-oriented, and quickly became predatory. More
Offender: Mission Every one of us has been an email chain which is borderline unintelligible for the amount of corporate lingo thrown in there. At City A.M., we’re taking a stand and calling out the worst jargon which travels around the City faster than you can drink an overpriced pint. This week: mission. What does []
A climate action scheme backed by the government has been accused of abetting greenwashing by some of the biggest corporations in Australia. As Australians become more concerned about the impacts of climate change and attempt to live more sustainably, greenwashing has posed challenges for regulators, ahead of a Senate inquiry holding hearings this week. Though […]