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3 mins read

Central banks around the world just made borrowing costs more expensive

Insider's Phil Rosen explains the four rate hikes made by central banks in the UK, Switzerland, Tur…

Phil Rosen   


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1 min read

Yuan financing is growing costly for Russian businesses

Russian firms are already facing high debt costs as the country's central bank keeps rates high to …

Jennifer Sor   


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2 mins read

Pennsylvania wants student-loan borrowers in the state to take on less debt. Here's how.

Pennsylvania Gov. Josh Shapiro proposed a plan to cut college tuition to $1,000 per semester for fa…

Ayelet Sheffey   


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2 mins read

Office owners are on 'borrowed time' as maturing debts can't be pushed off much longer, Goldman Sachs says

A large portion of office loans that were set to mature last year were modified or extended into 20…

Phil Rosen   


Ayelet Sheffey   


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2 mins read

25 million student-loan borrowers could get up to $20,000 in debt wiped out under Biden's new debt relief plan

Biden unveiled details of his new student-loan forgiveness plan, which would get rid of any unpaid …

Ayelet Sheffey   


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2 mins read

How struggling student-loan borrowers could qualify for debt cancellation under Biden's second attempt at relief

The Education Department unveiled plans for student-debt relief for borrowers facing financial hard…

Ayelet Sheffey   


Ayelet Sheffey   


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2 mins read

One economist still feels a recession is looming because corporate borrowing costs could shoot up, thanks to rising interest rates

About a quarter of US investment-grade debt is maturing from 2023 to 2025, Bloomberg reported, citi…

Huileng Tan   


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2 mins read

Biden's Gaza stance could cost him critical college votes in swing states

The Democratic playbook for turning out the party's base voters has hit a major roadblock this year…

John L. Dorman   


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2 mins read

Student-loan borrowers could see an easier repayment process through Biden's budget request — along with efforts to make college cheaper

Biden is requesting boosted funding for Federal Student Aid to help support student-loan borrowers …

Ayelet Sheffey   


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1 min read

Firms are on a $150 billion debt binge, borrowing at the fastest pace to start the year in 3 decades

Firms took out a record $150 billion in bond-issued debt this month, the most ever recorded in the …

Jennifer Sor   


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2 mins read

Donald Trump says interest rates are so high people 'can't do anything' - and vows to beat inflation so borrowing costs can be cut

The ex-president told NBC's "Meet the Press" that he'd bring down inflation so borrowing costs can …

George Glover   


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3 mins read

Soaring insurance costs could finally put a lid on home prices, real estate experts say

Experts said home insurance costs, which have surged nationwide, could keep prices from continuing …

Yuheng Zhan   


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2 mins read

The US could give homeowners a $980 billion stimulus at no additional cost, 'Oracle of Wall Street' says

"As early as this summer, a proposed move could begin to unleash almost $1tn into consumers' wallet…

Filip De Mott   


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2 mins read

Ayelet Sheffey   


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3 mins read

The ECB says it's preparing a new anti-crisis tool as a surge in bond yields stirs memories of the eurozone meltdown

The ECB is back in crisis-fighting mode after Italian bond yields skyrocketed in response to potent…

Harry Robertson   


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2 mins read

The red-hot US housing market is about to stall and the risk of that boom turning to bust is rising, an economist says

US home prices will drop if the Federal Reserve hikes rates harder than analysts currently expect, …

Harry Robertson   


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4 mins read

Biden is still running on a promise to get student-loan forgiveness to 'as many borrowers as possible.' Here's where his debt relief efforts stand.

After the Supreme Court struck down Biden's first try at student-debt cancellation, he touted other…

Ayelet Sheffey   


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2 mins read

Fed rate hikes have made borrowing greenbacks costlier and pushed more firms to de-dollarize, think tank says

Global firms had to find cheaper alternatives to dollar debt as the Fed raised interest rates, the …

Filip De Mott