Tag: debt

Financial Services, Industries

Evergrande shares plummet after developer says it is not able to issue new debt

September 25, 2023


Shares in Evergrande (HK:3333) shed more than a fifth of their value on Monday after the embattled Chinese property developer announced that it would be unable to issue new debt. Evergrande ‘s stock slumped by 21.8%, its largest one-day percentage […]

Education, Industries

What colleges need to know about problems with student loan servicing

October 25, 2022

Via: Education Dive

The Consumer Financial Protection Bureau has turned a critical eye toward higher education’s monetary ecosystem recently. This month, it scrutinized the deals colleges strike with banks. But it’s been investigating other aspects of the sector as well. That follows a […]

Finance Tech, Mobile Banking & Payments

How does Gen Z feel about credit cards? It’s complicated.

March 16, 2022

Via: Payments Dive

Margaret Sheils says she knows enough to know she needs a credit card, but the Gen Zer takes a cautious approach to using it. “For me, that’s just always been a fear, of spending money I don’t have,” said Sheils, […]


Total global debt dips, but emerging market debt hits record high

November 17, 2021


Global debt dipped in the third quarter though it remained near the record high set in June, while debt in emerging markets hit a fresh record high of $92.5 trillion, a report showed on Wednesday. Total debt, including that owed […]

Finance Tech, Liquidity

The U.S. is “printing” money to help save the economy during COVID-19 crisis: How far can it go?

May 12, 2020


In its frantic scramble to save the American economy, the central bank of the United States seems to have the ultimate superpower. It works like magic. With a few strokes on a computer, the Federal Reserve can create dollars out […]

Finance Tech, Trading

Emerging markets set to shine in yield-starved world, investors say

November 22, 2019

Via: Market Watch

Investors are once again trumpeting higher yielding debt in emerging markets as a way to source income given interest rates are low to negative across U.S., Europe and Japan. As a whole, emerging market debt has seen double-digit gains in […]

Enterprise, Industries

WeWork is reportedly seeking a $4 billion lifeline from SoftBank and JPMorgan

October 8, 2019

Via: Business Insider

WeWork is seeking a $4 billion lifeline from SoftBank and JPMorgan, according to Reuters. The shared workspace group is in talks with its largest investor for a $1 billion injection, which it hopes to parlay into a $3 billion debt […]

Finance Tech, Liquidity

Small cap stocks are tanking, while large caps hold up, a signal something is wrong with economy

August 13, 2019


The performance gap between small caps and large caps is widening to historic lows, a trend seen during times of economic stress and investor caution, possibly signaling something worse with the economy could be coming. The small-cap benchmark Russell 2000 […]

Education, Industries

Elizabeth Warren’s plan to forgive student loan debt is costly, but it could actually pour money into the US economy

April 26, 2019

Via: Business Insider

Sen. Elizabeth Warren, a Democrat from Massachusetts and 2020 presidential candidate, released her proposal to erase a good portion of student loan debt and provide free public college. The plan, released earlier this week, was met with mixed reviews, with […]


Why Record $1.465 Trillion Student Debt Could Test U.S. Economy

December 17, 2018

Via: Fortune

U.S. student loan debt outstanding reached a record $1.465 trillion last month and one particular set of borrowers is having a hard time paying back their loans, according to a Bloomberg analysis of student loan securitization data. This debt is […]

Finance Tech, Trading

World shares mixed after Italy broadens spending plans

September 28, 2018

Via: ABC News

Global stocks were mixed Friday on worries that the Italian government’s budget plans will not align with the European Union’s wishes for the country to reduce its debt. KEEPING SCORE: In Europe, France’s CAC 40 lost 0.3 percent to 5,523.90. […]


Rising interest rates will be devastating to the US economy for one big reason

March 6, 2018


Rising interest rates will soon have a devastating effect on our economy, mostly because of a single factor that hardly anyone is talking about. The 10-year Treasury yield is about to cross 3 percent, a rate not seen since January […]


More Americans feel anxious than optimistic about their finances: Study

January 23, 2018


All things considered, now is a pretty good time to be an active participant in the U.S. economy. Jobs are plentiful. The market has been on a winning streak. And while rising interest rates are a mixed bag, savers can […]

Finance Tech, Trading

Vitaliy Katsenelson’s Contrarian Edge: This drug industry leader could be healthy for your stock portfolio

September 11, 2017

Via: Market Watch

Given the precarious health of the global economy, owning quality stocks is paramount. Among my favorite high-quality companies right now is pharmaceutical powerhouse McKesson. McKesson MCK, +0.71% is one of the top three drug distributors in the U.S. McKesson, Cardinal […]

Industries, Retail & Wholesale

Amazon raises $16 billion to fund Whole Foods acquisition with debt that includes 40-year bond

August 16, 2017

Via: CNBC priced a $16 billion private debt offering on Tuesday to fund its planned acquisition of Whole Foods Market. It is the fourth-largest high-grade debt offering this year, according to Informa Global Markets. It will be broken into seven parts ranging from […]


Merck plans to sell its allergy business unit to cut debt: Bloomberg

November 27, 2015

Via: Business Insider

German drugs and chemicals maker Merck KGaA is planning to sell its allergy business, Allergopharma, Bloomberg reported, citing sources. The sale, which could fetch about 600 million euros ($636.42 million), is an attempt by the company to offload its debt […]

Financial Services

Financial aid gatekeepers may be getting new gates of their own

November 6, 2015

Via: itCurated

Source photo Earlier this summer, a video about college accreditors went viral — or at least as viral as a video on an obscure higher education policy topic can go. In the video, Sen. Elizabeth Warren (D-Mass.) grills Albert Gray, […]