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4 mins read

Lebanon was already cash-strapped and on the brink. The Beirut explosion could shatter its residents.

The explosion in Beirut, Lebanon, on Tuesday could not have come at a worse time for the country in…

Kareem Chehayeb   


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3 mins read

Cash-strapped USPS announces major changes that could mean higher postage rates and slower first-class mail delivery

The agency reported over $9 billion in net losses in 2020 as the pandemic caused mail delivery rate…

Grace Panetta   


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2 mins read

Billionaire Gautam Adani is considering a bid for cash strapped airline Air India

New Delhi, Feb 25 () Billionaire Gautam Adani's energy and infrastructure conglomerate is consideri…

PTI   


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2 mins read

Cash-strapped Chinese companies say they could collapse within months as coronavirus spreads

The blow could be significant in the second-largest economy, which forecasters said this year could…

Gina Heeb   


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2 mins read

Tiffany Haddish reveals she sold her eggs when she was strapped for cash at 21: 'I might got some kids out here in these streets'

The "Kids Say the Darndest Things" host disclosed that she sold her eggs when she was younger and i…

Ashley Simone Johnson   


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4 mins read

The Trump administration is reportedly considering an emergency loan to exert more control of the cash-strapped US Postal Service

Top administration officials want to require the Postal Service to charge higher rates on its packa…

Grace Panetta   


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2 mins read

The House of Representatives is preparing to vote on a bill that would provide $25 billion to the cash-strapped Postal Service ahead of the election

Following an announcement on Monday, House Democrats plan to move forward with a bill to provide ad…

Frank Carber   


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2 mins read

Cash-strapped Occidental will pay Warren Buffett's $200 million dividend in stock as the oil market melts down

The stock payment could prove costly should Occidental emerge triumphant from the coronavirus lockd…

Ben Winck   


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2 mins read

The Trump administration is reportedly open to aiding cash-strapped states if it can advance key GOP priorities on tax cuts

Republicans had staunchly opposed the idea of state aid, and it could still be a hard sell among la…

Joseph Zeballos-Roig   


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5 mins read

Cash-strapped airlines must gamble on how many travelers will book last minute Thanksgiving flights — and they've got no room for error

Demand for holiday travel is down by as much as 88%, and airlines must gamble on whether demand wil…

David Slotnick   


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5 mins read

For years banks have asked for 20% down on a mortgage, but cash-strapped Americans are buying homes with less

Putting 5% allowed him to start building equity sooner rather than later. "Where I live in the Blac…

Liz Knueven   


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3 mins read

Trump said bailing out cash-strapped blue states would be unfair to Republicans — and they shouldn't expect federal help

"It's not fair to the Republicans because all the states that need help — they're run by Democrats …

Joseph Zeballos-Roig   


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1 min read

It seems 'almost certain' the US won't have enough cash to pay all of its bills by June 1 if lawmakers don't raise the debt ceiling, Janet Yellen warns

The Treasury Secretary thinks "a deal is possible," adding that officials are "working toward an ag…

Morgan Chittum   


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2 mins read

3 cash-strapped states are making deep cuts to Medicaid as coronavirus devastates their budgets — and millions of jobless people lack health insurance

States are scaling back their Medicaid spending as demand for the health insurance program grows wi…

Joseph Zeballos-Roig   


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2 mins read

Katie Canales   


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2 mins read

The Trump administration cut its unemployment-benefit boost to $300 after blowback from cash-strapped states that couldn't afford to pay more

Unemployed people will see a 50% reduction from the $600 federal unemployment benefit that expired …

Joseph Zeballos-Roig   


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3 mins read

Mitch McConnell says cash-strapped states hit by coronavirus should go bankrupt, rather than receive emergency federal aid

"I would certainly be in favor of allowing states to use the bankruptcy route. It saves some cities…

Joseph Zeballos-Roig   


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2 mins read

Cash-strapped WeWork got an early SoftBank payment of $1.5 billion - and the board now controls Neumann's shares

Billionaire Bill Ackman said on Tuesday that WeWork has a high chance of going to "zero," speaking …

Yusuf Khan   


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2 mins read

The creditors of Anil Ambani’s cash-strapped Reliance Communications are finally making it undergo bankruptcy proceedings

RCom owes around 31 creditors - mainly the State Bank of India - around ₹500 billion. The ca…

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2 mins read

Goldman Sachs is looking to raise a fund of up to $10 billion to serve cash-strapped companies hit by coronavirus, new report says

The fund will be helmed by Tom Connolly and Greg Olafson, according to Bloomberg, forming a collabo…

Ben Winck