debt

Credit Scores Can Also Be an Early Warning Sign of Cognitive Decline, Research Finds

Credit Scores Can Also Be an Early Warning Sign of Cognitive Decline, Research Finds

A new study found that credit scores, which measure a person's capacity to pay back loans, may also serve as an early indicator of cognitive deterioration.

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$50,000 Worth of Debt Can Be Erased in 3 Years! Here’s How

$50,000 Worth of Debt Can Be Erased in 3 Years! Here’s How

Here's how to deal with debt in three years by consolidating debt in a much lower rate and easier way to pay.

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Lending Site Reveals Gen X Owes Most Debt Among Generations

Lending Site Reveals Gen X Owes Most Debt Among Generations

In a new analysis, most Americans also owe thousands of dollars other than their home loans, with Gen X footing the most expensive bill compared to different generations.

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FRANCE-GERMANY-POLITICS-HISTORY-WWII

French President Macron Faces EU Backlash Due to France's Excessive Debt

France is being criticized by the European Commission for its excessive debt levels, prompting a rebuke that could complicate President Macron's reelection.

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China-HONG KONG-ECONOMY-HUARONG

Debt Collectors in Hong Kong Employ Shady Tactics to Threaten Domestic Helpers

Hong Kong faces rising cases of domestic helpers deceived into high-interest loans and receiving threats of violence if they fail to pay on time.

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US-POLITICS-BIDEN-FORUM-climate-environment-diplomacy

Global Debt Surges to $315 Trillion This 2024; Countries Blame the Pandemic

Global debt has surged to $315 trillion, driven primarily by the economic impacts of the COVID-19 pandemic, merging and emerging markets, inflation, and even individual household debt.

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Here Are 5 Signs an Applicant is Likely to Pass (or Fail) Debt Relief Program

Here Are 5 Signs an Applicant is Likely to Pass (or Fail) Debt Relief Program

Debt relief programs could be helpful for people drowning in debt who would qualify, but it could not be said for everyone else.

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China's Credit Rating Outlook Downgraded to 'Negative' by Fitch Ratings, Citing Risk From Debt Growth

China Is Offering Long-Term Bonds Worth $140 Billion to Stimulate Economy

China  to issue 1 trillion Chinese Yuan in long-term bonds starting this week to boost the economy.

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How to Pay Household Debt In a Time of Economic Hardship

How to Pay Household Debt In a Time of Economic Hardship

With US household debt reaching all-time high, people can pay off their debt by sticking to their preferences and asking for financial advice.

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China's Credit Rating Outlook Downgraded to 'Negative' by Fitch Ratings, Citing Risk From Debt Growth

China's Credit Rating Outlook Downgraded to 'Negative' by Fitch Ratings, Citing Risk From Debt Growth

Fitch Ratings has downgraded the outlook on China's sovereign credit rating from stable to negative.

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US Credit Card Debt Soars to a New Record High of $1.13 Trillion

US Credit Card Debt Soars to a New Record High of $1.13 Trillion

Credit card balances in the US reached a new record high of $1.13 trillion, according to data released by the Federal Reserve Bank of New York.

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Australia Economy Becomes Vulnerable Due To Household Debt Outrages

Here is how Australia's household debt binge has left the country vulnerable as economy shrinks.

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U.S. Congress Delayed Work on Puerto Rico Debt Relief Bill, Blaming Obama Administration

The U.S. Congress has delayed work on Puerto Rico debt bill. Originally, the bill was scheduled to be the subject of hearing on Wednesday before receiving final amendments on Thursday. After that, it will be sent for debate on the House.

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TerraForm Sued Parent Company SunEdison for Diverting $231 Million Projects Money to Its Own Balance Sheet

SunEdison is facing another lawsuit, this time from its subsidiary TerraForm. TerraForm accused its parent company for misallocating cash for its projects in India to SunEdison’s own balance sheet.

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Guosen Securities denies bond default

China's eighth largest investment bank, Guosen Securities, has clarified on behalf of its unit that there's no default on its offshore debt. The trustee of the offshore bond Bank of New York Mellon (BNY) had earlier warned bondholders of a possible default.

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