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5 mins read
Millions of student-loan borrowers are waiting for broad debt cancellation. The next president won't have any immediate answers.
Millions of student-loan borrowers were counting on debt cancellation under Biden. Then came the la…
Ayelet Sheffey
1 min read
China to increase debt issuance in bid to revive economy
China slipped into deflation in 2023 as a result of weak domestic demand and a struggling property …
Rebecca Rommen
5 mins read
A millennial with a doctoral degree and over $250k in student loan debt says she's been looking for a job for 4 years. She wishes she prioritized work experience over education.
A millennial said she regrets her degrees and recommends people do their homework before pursuing h…
Jacob Zinkula
4 mins read
A major student-loan company is once again at the center of a lawsuit blocking debt cancellation for millions of borrowers
The latest lawsuit that temporarily blocked broader debt cancellation argues the relief would harm …
Ayelet Sheffey
2 mins read
Sebi proposes Rs 1 crore minimum investment, mandatory demat form for securitized debt instruments
Sebi has proposed new rules for securitisation activities, including an investment minimum of Rs 1 …
PTI
4 mins read
Putin has spent years championing the idea of de-dollarization — but a new reality is setting in
The Russian president said the BRICS group is trying to resolve payment issues with national curren…
Huileng Tan
3 mins read
Congress criticises SBI's decision to convert SIIL debt into equity, urges RBI intervention
The State Bank of India (SBI), being SIIL’s largest lender, found itself at the centre of this fina…
8 mins read
America is entering a new 'economic supercycle'
The US economy is entering a bold new era that economists say will feature more inflation, more gro…
Linette Lopez
2 mins read
Stocks might 'go nowhere' for the rest of this year amid Fed uncertainty and US debt concerns, market vet says
The S&P 500 will get stuck around 5,800 for the rest of the year as rate cuts disappoint and concer…
Jennifer Sor
4 mins read
China released a blitz of stimulus measures to boost its economy. Now begins the balancing game.
China is a top-down system and officials will pull out the stops to make it into Xi's good books. I…
Huileng Tan
2 mins read
35,000 student-loan borrowers in public service are getting $1.2 billion in debt wiped out after fixes to a key relief program
The Education Department approved another batch of student-loan borrowers for debt relief through t…
Ayelet Sheffey
4 mins read
Meet the Gen Xers and boomers retiring with 6 figures of student debt that threatens their Social Security and savings
Some Gen X and boomer student-loan borrowers are staring down a retirement crisis where their savin…
Ayelet Sheffey,Juliana Kaplan
3 mins read
Russia can rely on China for the yuan, but China can't rely on anyone else
China faces many limitations to de-dollarization and just can't copy Russia's sanctions-proofing pl…
Huileng Tan
3 mins read
Russia's economy faces 'near stagnation' with sanctions whittling down annual GDP growth, European economist says
Russia's economy could be losing as much as 3% of its GDP a year due to Western sanctions, a Europe…
Jennifer Sor
2 mins read
A nurse who made $250k secretly working multiple jobs shares why the challenge was fun and helped his career
A nurse who made $250,000 juggling multiple jobs said it was a chance to try different roles and ch…
Jacob Zinkula
9 mins read
We're losing the one thing that's keeping the peace between America and China
American businesses hoped China would be a gold mine. That dream is dying and it could make it hard…
Linette Lopez
4 mins read
Student-loan borrowers who were set to get debt cancellation or lower payments through Biden's new repayment plan won't get it for now. Here's what you need to know.
Two separate court rulings blocked parts of the SAVE plan, including student-debt relief and cheape…
Ayelet Sheffey
8 mins read
Some baby boomers are burning through their retirement savings to pay for cancer treatments. Then they have to go back to work.
Some baby boomers who hoped to retire are instead draining their savings and cutting costs on food,…
Juliana Kaplan,Noah Sheidlower
2 mins read
Adani Enterprises' NCDs to offer around 9.99% returns, higher than FDs, says Adani CFO
Group CFO Jugeshinder Robbie Singh announced on Thursday that the non-convertible debentures (NCDs)…
ANI
5 mins read
A retired boomer who gets $1,662 in Social Security moved in with roommates to afford her medical bills: 'It's the only way I can afford to live comfortably'
Marion, 70, moved to Ohio to live with two roommates due to rising rent in Washington, helping her …