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CNBC

Millennials with debt owe an average of $36000—and paying it down isn't their top priority
CNBC
Between student loans, credit cards and other expenses, many young people are in deep in the red. Millennials who carry debt owe an average of $36,000 each and spend around 34 percent of their monthly income paying it off, new data from Northwestern ...



CNBC

Paul Tudor Jones says we're in a global debt bubble and headed for some 'scary moments'
CNBC
Billionaire investor Paul Tudor Jones said Thursday that the world has loaded on too much debt which could bring trouble across asset classes. "From a 50,000-feet viewpoint, we're probably in a global debt bubble," Jones said at the Greenwich Economic ...
Tudor Jones Says Trump Tax Cut May Cause Debt Bubble to PopBloomberg

all 17 news articles »


Forbes

A Surge In US Corporate Debt Presents a 'Key Vulnerability In The Economy,' Says JPMorgan
Forbes
U.S. corporate debt levels have again surpassed their pre-crisis peaks of $6 trillion, raising widespread concern that, as the Federal Reserve raises interest rates, some firms could run into financial trouble. "We think corporate debt is a key ...



MyTwinTiers.com

Parents charged with using kids' identities to rack up debt
MyTwinTiers.com
BATH, N.Y. (AP) - New York State Police say a couple racked up nearly $10,000 in unpaid utility bills and credit card debts using the man's son's name, destroying his credit rating. Authorities on Thursday say 44-year-old Thomas Cash and his wife, ...
Parents charged with using kids' identity to rack up debtWTOK

all 87 news articles »


CNBC

Retail store cards come with perks. Here's the catch
CNBC
Stores offer big discounts on first purchases and months without interest on their credit cards. If you're not careful, however, you could find yourself with a heap of debt too. The average retail card has an interest rate of around 26 percent. Some ...
Before You Apply For That Store Credit Card... | MoneyTipsMoneyTips
What Is a Home Equity Line Of Credit? | MoneyTipsMoneyTips

all 38 news articles »


South China Morning Post

China is underestimating its US$3 trillion dollar debt and this could trigger a financial crisis, economists say
South China Morning Post
Massive domestic debt has long been a headache for Beijing, but it is China's growing external US dollar leverage that is being underestimated and it could possibly trigger a major financial crisis, according to Kevin Lai, chief economist for Asia ...



Houston Chronicle

Record student debt is lowering graduates' home-buying power
Houston Chronicle
Student debt reached record levels this year at $1.56 trillion. That debt should command the attention of the real estate industry, according to a new report by Zillow. Nationwide, one out of every three renters planning to buy a home within the ...
Student debt limits potential home buyers' choicesThe Columbus Dispatch
Zillow Finds How Much Student Debt Retards Home OwnershipBuilder Magazine
Student Debt Pushes More Homes Out of Renters' ReachZillow Research

all 8 news articles »


Yahoo! Finance News (press release)

PG&E Debt Crash Leads Slump in Investment-Grade Utility Bonds
Yahoo! Finance News (press release)
(Bloomberg) -- Bonds issued by utility companies are the worst performers in U.S. investment grade credit and PG&E Corp. debt is leading the rout. Utility bonds have fallen 6.5 percent this year, almost double the loss of the overall market, which is ...

and more »


Crain's Chicago Business

Docs are fed up with being turned into debt collectors
Crain's Chicago Business
“We certainly have a high bad-debt rate for the uninsured,” Chief Financial Officer Mark Guinan said in a telephone interview. “But really the biggest driver is people with insurance. It's their coinsurance and their high deductibles, and they don't ...



CNBC

What student loan debt does to people (it's not pretty)
MarketWatch
Student-loan debts are crippling the finances of Americans and seriously stressing them out, according to a new survey. It's no secret there are widespread hazards with hefty student loans, but a new report from Student Debt Crisis, a nonprofit ...
Another challenge in retirement? Student loansCNBC
The Benefits of BorrowingEducationNext

all 15 news articles »

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