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Wall Street Journal

Companies Pay Down Debt With Cash Freed Up By New Tax Law
Wall Street Journal
U.S. companies are using the cash freed up by the new U.S. tax law to increase debt repayments while continuing to return money to shareholders, according to a new report by Moody's Investors Service Inc. Debt payments accounted for 14% of the $700 ...

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CNBC

Many disabled veterans eligible for student loan forgiveness are still paying
CNBC
Consumer advocacy groups, including Veterans Education Success and Vietnam Veterans of America, are now urging the Education Department to automatically discharge the debt of these individuals. Currently, they must apply to have their debt canceled.



The Economic Consequences Of Debt
Seeking Alpha
Not surprisingly, my recent article on "The Important Role Of Recessions" led to more than just a bit of debate on why "this time is different." The running theme in the debate was that debt really isn't an issue as long as our neighbors are willing to ...



BBC News

'Admitting problems helped us get debt-free'
BBC News
Some families are racking up debts with more than 20 creditors, then waiting for more than two years to seek help, new research has found. Analysis of callers to the National Debtline found that 43% said they had not sought help earlier as they were ...



CNBC

A banker who worked closely with Trump on debt restructuring sees a big problem coming for the market
CNBC
Moelis is intimately familiar with high-stress debt situations, from his representation of Trump at a time when Trump companies were facing bankruptcy to representation of Dubai went it was staring down hedge fund creditors in the late 2000s. He ...



Bloomberg

Greece May Free Its Banks From $47 Billion of Bad Debt
Bloomberg
Greek bank stocks have dropped by some 40 percent this year amid lingering doubts that they can deal with a mountain of bad debt lingering from the steepest recession in living memory. Adding to their woes, European supervisors have asked them to ...
Greece working on plans to help banks tackle bad debt mountainNasdaq

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Bloomberg

How a Mountain of Debt Brought a Top Zinc Producer to the Brink
Bloomberg
When it listed in Brussels in 2007, Nyrstar made its money buying zinc ore from mines and smelting the raw material into a refined metal. A few years later, the company embarked on a debt-fueled run of mining acquisitions. The timing proved terrible ...

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Reason (blog)

The National Debt Is Coming Due, Just Like We Told You
Reason (blog)
Discretionary spending comes to about 30 percent, and interest on the debt rounds out the rest. Government spending will increase whether a divided government does anything or not. And, absent significant changes in current law, what the government ...
The national debt wasn't a big issue this midterm election, but it's still a big problemUSA TODAY

all 4 news articles »


PennLive.com

Which Pennsylvania counties have the highest (and lowest) credit card debt?
PennLive.com
About 41 percent of all households carry some credit card debt. Among those that do -- excluding those that pay their balances in full every month -- the average debt is $9,333, according to ValuePenguin, a site that disseminates credit card information.



Bloomberg

Japan to Probe Debt Market's Big Secret
Bloomberg
Officials may “encourage” relevant players to improve their practices if they find that underwriters are indeed often failing to sell all of the debt, he said in an interview. The FSA will likely do so if officials find structural defects in the market ...

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