You Searched For "debt recovery" and got 20 results
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2 mins read
China's property crisis just keeps getting worse — property giant Country Garden just warned it may default on its debt
It said in a Tuesday filing it did not make a principal payment of HK$470 million, or $60 million t…
Huileng Tan
2 mins read
Treasury Secretary Janet Yellen warns of 'absolutely catastrophic' hit to economic recovery this summer if US can't pay its bills on time
If the federal government can't pay back its debtors in time by raising the debt ceiling, it could …
Joseph Zeballos-Roig
2 mins read
Mitch McConnell says GOP won't strike a deal with Democrats for the US to pay its bills on time, raising risk of derailing the economic recovery
Republicans voted to raise the debt ceiling under President Trump. They're taking a harder line as …
Joseph Zeballos-Roig
2 mins read
The bond vigilantes aren't going away despite the latest Treasury rally, as America's $33 trillion debt pile will keep growing, market vet says
"Just because we had a tremendous rally in the bond market last week, that doesn't mean that proble…
Jennifer Sor
4 mins read
Several top House Democrats want to get rid of the debt ceiling and economic 'hostage taking'
Republicans used the debt ceiling's risk of default to force spending cuts. Some Democrats want to …
Ethan Dodd
2 mins read
China's economic recovery is 'doomed to fail' as Beijing shifts away from investment, think tank experts say
Chinese President Xi Jinping will likely back away from his plans for consumption-led growth, two e…
Jennifer Sor
2 mins read
Stocks are outperforming bonds by the most in 8 years as prospects for an economic recovery improve
Stocks performed better than bonds by the widest spread since 2013 as the outlook for economic grow…
Carla Mozée
1 min read
Ukrainian debt is now one of the hottest emerging market investments as Russian setbacks lift Kyiv's economic prospects
Kyiv's sovereign dollar bonds returned over 30% in the second quarter, with gains concentrated this…
Jason Ma
3 mins read
It's getting more and more expensive to use your credit card
The average credit card user has a balance of more than $5,000. Paying it off is getting more expen…
Ben Winck
2 mins read
NAACP president slams Biden's plan to cancel $10,000 in student loan debt: It's 'like pouring a bucket of ice water on a forest fire'
Derrick Johnson has previously urged Biden to forgive at least $50,000 in loans per borrower, sayin…
Ayelet Sheffey,Jason Lalljee
2 mins read
China risks a debt deflation loop but could avoid a lost decade if it plays its cards right, Morgan Stanley says
"China's policymakers will need to act forcefully. If they don't, the economy could fall into a deb…
Jennifer Sor
1 min read
Treasury yields spike to highest in over a year as investors weigh inflation concerns against recovery prospects
Treasury yields continue to push higher as investors price in inflation and economic recovery expec…
Carla Mozée
4 mins read
Student-loan borrowers are about to be thrown back into repayment, and the economy will suffer — especially if Biden's debt cancellation is struck down
The student-loan payment resumption will be "very bad for the macroeconomy" if borrowers are footin…
Ayelet Sheffey
3 mins read
Americans got used to spending big during the pandemic. Now they're running out of money and racking up record credit card debt.
After years of high spending, cushioned by stimulus checks and lots of savings, Americans now hold …
Juliana Kaplan,Noah Sheidlower
4 mins read
Get ready to see millions of Americans lose their jobs if Congress doesn't raise the debt ceiling in the next few days
The US could default on its debt as early as June 5 if the debt ceiling isn't raised by then, and o…
Madison Hoff,Ayelet Sheffey
7 mins read
Although FII flows have reversed, retail investor confidence remains low thanks to macro concerns
Retail investors, who have been propping up equity markets, are now also turning cautious due to th…
2 mins read
Biden signs $2.5 trillion debt-ceiling increase — averting economic chaos after last-minute Congress deal
The hike most likely punts the debt-ceiling battle into 2023. The House passed the measure early We…
Ben Winck
3 mins read
Indian economic recovery impresses Fitch which changes outlook to stable
Fitch Ratings has revised its outlook on India’s sovereign rating to ‘stable’ from ‘negative’. The …
2 mins read
China is grappling with slumping growth, a property crisis and debt woes - the next jolt could come from the yuan hitting a 16-year low
A plunging yuan could spook international investors at a time when China's floundering economy need…
Zahra Tayeb
2 mins read
Trump urges McConnell to endanger the US economy so Democrats can't pass their spending plan
The former president urged the GOP to use the debt ceiling as a political weapon. That could cause …