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Evening Headlines Bloomberg: China’s Credit Party Winds Down in Headwind for Economic Growth. Chinese companies’ borrowing costs have never been so low. That’s little consolation to firms cutting debt rather than investing amid a slowing economy. Show More Summary

Elon Musk and Tesla’s ‘Improvisation Debt

GUEST: No one would have given Elon Musk the money to start a “normal” car company. And yet, Musk went ahead, improvised, vaulted over one obstacle after another and created an iconic electric car company. In doing so, Musk incurred a deeply rooted Improvisation Debt, one he must now pay back in order to free himself […]

The "Devastating" Truth Behind America's Record Household Net Worth

Every quarter, as part of its Flows of Funds statement, the Fed releases a detailed breakdown of America's assets and liabilities, of which the most interesting section is the one dealing with US household wealth and debt, and most importantly, their net worth. Show More Summary

Hospital CEO Pay Rises While Americans Drown in Medical Debt

One in five Americans of working age with health insurance struggled to pay their medical bills in the past year, according to a survey by the Kaiser Family Foundation and The New York Times. Among the uninsured, medical debt is an even...Show More Summary

How Debt-Ridden Millennials Can Afford to Become Business Owners

Student loan debt is creating serious challenges for twenty- and thirty-somethings launching their entrepreneurial careers.

The Terrible Amusement Park that Explains Chongqing’s Economic Miracle

With China's cities drowning in debt, one megalopolis is getting its books in order by selling off trained dolphins, Australian iron ore, and life insurance companies.

Newt Gingrich Can't Escape His 2012 Campaign Debt

13 hours agoNews : Huffington Post

WASHINGTON ? The Federal Election Commission won’t let Newt Gingrich off the hook for his costly 2012 campaign for president. The former speaker of the House and runner-up for Donald Trump’s VP made his deadbeat intentions official on Aug. Show More Summary

US Corporations Are Engaged in a Massive Debt-Binge - Here’s Why

Just as governments are cutting back on issuing new debt, the corporate sector has taken up the role of being the largest source of new debt in the United States. This shift in debt issuance is readily apparent in Chart 1.

Battered Greek economy expands mildly

Country's economy has shrunk by about 25 percent since the debt crisis broke out in 2009

Was Brexit fear a giant hoax or is this the calm before the next storm? AEP

More worrying is what S&P also said: that debt coming due over the next 12 months is 755pc of Britain's external receipts and large sums have to be rolled over continuously. This is the highest for all 131 rated states, thanks to London's role as a global financial hub. Show More Summary

Student loan debt: How to reduce those monthly payments

The college class of 2016 will graduate with an average of $37,000 in student loan debt. Yet $2.7 billion in free federal student aid goes unclaimed every year. TODAY financial editor Jean Chatzky offers simple strategies to help students reduce those monthly payments.

Obama Will Leave $20 Trillion Debt Crisis For Clinton Or Trump

President Obama is set to leave a massive near $20 trillion debt crisis for his successor - be that Hillary Clinton or Donald Trump. The U.S. national debt reached $19.5 trillion last week and has been increasing by roughly $1 trillion a year during his Presidency and during the so called "recovery" as the U.S. Show More Summary

Transfer Your Balance to the Best Balance Transfer Cards Available

Link for teaser title: Get out of debt and transfer your balance to one of the best balance...

Back To School: Deducting Student Loan Interest (Even When You Don’t Pay It)

As the cost of a college education continues to climb, more and more students are taking on student debt. Collectively, as a country, we currently owe nearly $1.4 trillion in student loans. That balance is growing at a rate of $2,726.27 every second. Fortunately, there's a tax break available to help ease some of the pain of paying it back.

Crackdown on For-Profit Colleges May Free Students and Trap Taxpayers

yesterdayNews : NYTimes: News

The goal of relieving students saddled with onerous debt and a subpar education can be at odds with reducing the cost to taxpayers who are likely to be stuck with the bill.

Obama's Parting Gift: $20 Trillion In Public Debt And A Rising Budget Deficit

According to the US Treasury, on Thursday, August 25, total US public debt hit an all time high of $19.5 trillion. This means that US debt under president Obama has nearly doubled from $10.6 trillion to $19.5 trillion: there is a good...Show More Summary

Hammond faces a steeper climb up debt mountain

My regular column is available to subscribers on This is an excerpt. It is back to work, in my case after escaping to the Outer Hebrides, where the people were a lot friendlier than the weather and where...

August 28, 2016 – ETF Expert Radio Podcast

ETFs & CAPEX, Corporate Debt & ETFs, ETFs & Existing Home Sales, Wage Growth & ETFs, ETFs & Central Bank Policy, Investment Grade Bond ETFs, Large Cap Stock ETFs Please click here to listen to the show.

Aesthetic Debt: What High Fashion Owes Asia

yesterdayLifestyle / Luxury : Luxuo

When fashion designers look to Asia for inspiration, from Coco Chanel to Raf Simons.

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