You Searched For "banks bad debts" and got 20 results
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1 min read
Stock market today: NYCB plunges 25% as fresh banking fears temper inflation relief
New York Community Bancorp plunged 25% premarket after disclosing "material weaknesses" in its loan…
Theron Mohamed
5 mins read
I made $9,450 and erased my credit card debt by joining 2 clinical trials. I just had to agree to get the flu and dysentery.
A clinical trial participant was able to erase his credit card debt and made nearly $10K for being …
Hilary Brueck
2 mins read
Charlie Munger warns of stress in the US commercial property market with banks carrying a lot of bad loans as prices slump
"A lot of real estate isn't so good anymore," Berkshire investing legend Charlie Munger told the Fi…
Carla Mozée
2 mins read
The Russian economy is in bad shape, no matter what the Kremlin says: Russian economist
Russia's economy could face a serious slump after the country's March presidential election — in wh…
Huileng Tan
2 mins read
Bank of America raises its S&P 500 price target and says the outlook is 'glass half full' as bad news is already priced into stocks
"The era of easy earnings is likely behind us, but this might be a good thing," Bank of America's e…
Matthew Fox
5 mins read
A student-loan worker who enrolled people in the first income-based debt-repayment plans says it was 'a bad program from the very beginning'
"We didn't even want to tell people about loan forgiveness ... because we knew how unlikely it woul…
Ayelet Sheffey
6 mins read
How China handled 3 high-profile corporate meltdowns, including companies considered too big to fail — and what that could tell us about Evergrande's future
Anbang, Baoshang, and HNA are three of China's most high-profile corporate meltdowns in recent year…
Huileng Tan
2 mins read
The US can't grow its way out of its $33 trillion debt mountain, research group says
The US debt-to-GDP ratio is on track to hit a new record by 2029, according to researchers from the…
Jennifer Sor
2 mins read
Meme stocks are rallying again – and that's bad news for the market
Investors might once again be following their "animal spirits" to pick stocks. That's a red flag fo…
George Glover
2 mins read
A veteran economist just echoed Elon Musk and Michael Burry's warning that Americans are drowning in credit-card debt - and he says the economy will pay the price
Elon Musk and Michael Burry have both raised the alarm on US households' spiraling debts. Carl Wein…
Theron Mohamed
1 min read
Wall Street's top 4 banks wrote off $3.4 billion in bad loans from borrowers who couldn't keep up in the first 3 months of 2023
JPMorgan, Citigroup, Wells Fargo and Bank of America wrote off $3.4 billion in bad loans from borro…
Zinya Salfiti
2 mins read
A record 8.5 million Chinese borrowers are now blacklisted for not paying their debts, a report says. They're feeling the same financial pressures as Americans.
Chinese consumers are defaulting on their credit cards, mortgages, and other debts in droves. Ameri…
Theron Mohamed
3 mins read
TikTok is rife with scams promising to fix your credit score or wipe your debt, finance expert warns here are 3
Accredited financial councelor and Markia Brown spoke to Insider about some of the financial red fl…
Lindsay Dodgson
3 mins read
Warren Buffett and Charlie Munger warned a banking crisis is possible, AI may be dangerous, and government overspending will end badly. Here are their 18 best quotes from Berkshire Hathaway's annual meeting.
Buffett and Munger flagged threats to banks and real estate, discussed the risk of de-dollarization…
Theron Mohamed
2 mins read
Crypto exchange CoinFlex says it needs more time to restart withdrawals as it scrambles to fix a $47 million bad debt
CoinFlex halted withdrawals while it searches for a solution to the $47 million bad debt, which the…
Zahra Tayeb
2 mins read
Elon Musk just warned about credit-card debt, commercial real estate, and foreign conflicts. Here's why the Tesla chief is so worried.
Tesla CEO Elon Musk is concerned about everything from mounting pressure on household budgets to ov…
Theron Mohamed
3 mins read
Americans have plenty of reasons to tighten their belts. That's bad news for the economy.
Savings are running low, wages aren't improving much relative to inflation, and student loan paymen…
Phil Rosen
9 mins read
The best debt consolidation loans right now
Debt consolidation loans are aimed at helping you lower your debt's interest rates and often make y…
Liz Knueven,Ryan Wangman, CEPF
5 mins read
Why a rate hike is not all bad news for you – and how you can take advantage of rising interest rates
India’s central bank, the Reserve Bank of India, is expected to announce its second rate hike later…
1 min read
US stocks slip ahead of debt-ceiling talks as default fears creep into markets
President Joe Biden is set to meet with House Speaker Kevin McCarthy Tuesday afternoon to discuss t…