Politics
How student loans could change under Donald Trump
President Donald Trump has inherited a federal student loan system that looks considerably different from the one in place when he left…
Tag
Debt
Business
Musk-Trump bromance turns X debt from burden to asset for Morgan Stanley
JUST a few months ago, Morgan Stanley was stuck with billions of US dollars of unloved debt tied to Elon Musk’s controversial 2022 buyout…
Politics
Federal Debt Is Now Worrying Even Progressives
The 119th Congress began, as it so often has in recent years, with calls from Republican politicians for wrestling down the national debt,…
Business
Higher Interest Rates Make Federal Debt More Expensive
The path of interest rates over the next year doesn’t just affect the cost of mortgages and car loans. It also makes it more expensive for…
Business
Gen Z most likely to commit "financial infidelity"—study
A new study reveals that members of Generation Z are the most likely to conceal their personal finances from a partner or spouse, the…
Business
Logan Group says creditors holding 66% debt have agreed to overhaul plan
DEFAULTED Chinese developer Logan Group said creditors holding over 66 per cent of the group’s US$6.2 billion offshore debt have signed an…
Politics
How the Debt Could Hamstring Trump’s Agenda
When House Republicans gathered behind closed doors on Capitol Hill last week to hash out their plans for cutting taxes, Representative…
Business
BYD’s supply chain financing masks ballooning debt: GMT
BYD’S reliance on financing from working capital has masked surging debt levels at the Chinese electric vehicle (EV) giant, according to…
Politics
US Debt Faces Record as Trump and GOP Plan Tax Cuts
The United States is poised to add trillions of dollars to the national debt over the next decade as the mounting costs of social safety…
Politics
Biden’s Push to Cancel Student Debt Surpasses 5 Million Borrowers
The Education Department announced on Monday that it had canceled student loans for more than 150,000 borrowers, bringing the tally of…
Politics
Russian economy time bomb: Putin warns of "seismically disruptive" war debt
Russia is financing its military spending through a shadow plan that poses a "seismically disruptive" threat to an economy already…
Business
Sunac can’t rule out 2nd offshore debt overhaul
Defaulted property developer Sunac China Holdings said it can’t rule out a second offshore debt restructuring as a prolonged property…
Business
Sunac can’t rule out second offshore debt overhaul
Defaulted property developer Sunac China Holdings said it can’t rule out a second offshore debt restructuring as a prolonged property…
Business
Private lenders set to take over Alacrity in debt restructuring
DIRECT lenders including Antares Capital, Blue Owl Capital and KKR are preparing to take over insurance claims manager Alacrity Solutions,…
Business
Debt capital market issuance volumes expected to remain ‘relatively stable’ in 2025
Financials, with strong issuances in the last 3 years, could remain major issuers in the Singapore dollar market in 2025, says portfolio…
Politics
170 House Republicans defied Donald Trump despite primaries threat
What's New On Friday 170 House Republicans joined Democrats to approve an emergency funding bill just hours before a partial government…
Politics
Elizabeth Warren admits Donald Trump is "exactly right" about debt ceiling
What's New Democratic Senator Elizabeth Warren of Massachusetts said that she believes President-elect Donald Trump is "exactly right" to…
Politics
Trump Says "stupid" Republicans supporting CR bill should be primaried
What's New President-elect Donald Trump has said any Republican lawmaker who backs a continuing resolution (CR) without including an…
Business
China’s LGFVs raise record dim sum debt as domestic curbs bite
CHINESE local government financing vehicles (LGFVs) are selling an unprecedented amount of offshore yuan bonds, skirting attempts made by…
Politics
France's debt weighs heavier ahead of budget debate
France's vast public debt pile grew in the second quarter, official figures showed Friday, as Prime Minister Michel Barnier's shaky…
Business
New EU Debt Rules Can Only Work With Political Support, IMF Says
(Bloomberg) -- New European Union fiscal rules will only work if countries with high levels of debt and wide budget deficits make a real…