``... one of the findings of the survey is that stressed middle-income consumers have an average income 22% below non-stressed peers but debt levels 10% to 40% higher. Findings show that these higher debt levels are a result of higher...Show More Summary
https://www.youtube.com/watch?v=Pn10cEm8X_E In only 7 minutes, Australian comedy show The Undercurrent explains exactly how companies like Apple, Google and Facebook use offshore registration, transfer payments, debt loading and taxShow More Summary
``Even more dangerous than the enormous rise in US National Debt since 2000, to levels today of over $19 trillion or 108% of GDP, is the alarming rise since 2007 in US debt of corporations, excluding banks. As of the second quarter of...Show More Summary
The US Federal Deposit Insurance Corporation said that debt owed by oil and gas producers has elevated risk levels in the US Shared National Credit (SNC) portfolio, raising fears of an increase in problem loans.
Uninvited and from seemingly out of nowhere, a team of "Goodwill Vigilantes" has given every DNC attendee a golden opportunity to leave behind themselves more than simply memories of Philadelphia -- a legacy of paid medical debt. There...Show More Summary
Heritage Foundation, Big Debt, Little Study: What Taxpayers Should Know About College Students’ Time Use: Full-Time College Is Typically a Part-Time Endeavor Based on data from the Bureau of Labor Statistics’s American Time Use Survey from 2003–2014, during the academic year, the average full-time college student spent only 2.76 hours...
Right now, there is a debate raging in the United States about whether or not debt collectors should be limited in the interest rates that they are allowed to charge. The debate was ignited by a 2015 court case that was heard by the U.S. Show More Summary
Submitted by Simon Black via SovereignMan.com, According to Jacques Necker, everything was just fine. The year was 1781, and Necker, France’s finance minister, had just published a report called Compte Rendu au Roi, an accounting ofShow More Summary
The couple, from India's lowest Dalit caste, were killed with an axe
Apple has completed an anticipated five-part bond sale, raising $7 billion in debt with the help of banks including Goldman Sachs, Merrill Lynch, J.P. Morgan, and Deutsche Bank.
I have been hounded for months by a company attempting to collect money for a gym membership that I canceled more than 15 years ago. I was paying $150 a year for the membership before I correctly canceled the membership in writing. That “fitness center” was bought by a national chain that is known for […]
Russia relies on Ukraine that it will pay off its debt.
They can leave your child struggling to catch up: In spring 2014 with about a month left in the school year, StudentFirst was in debt by more than $600,000 and shut its doors, giving only a week’s notice. Rochelle scrambled to get her...Show More Summary
2001 Nobel laureate in economics Joseph Stiglitz has a long history of being on the right side of history. For example: pricing the Iraq war at $3T; raising the alarm about sovereign wealth funds acquiring US debt; nailing the double-standard...Show More Summary
Should you invest in the market or pay down debt? Everyone has different circumstances, but there are some common variables to examine, including: Expected return on investments Credit: MIGUEL MEDINA/AFP/Getty Images Number of yearsShow More Summary
It appears causing an economic depression and significantly deteriorating life expectancy in Greece is not enough for the IMF. In a paper published this month, the IMF seeks to study the relationship between GDP and sovereign debt restructuring using data from 1970-2010. Show More Summary
Deep-value focused Third Avenue Focused Credit Fund (TFCVX) ran into some, shall we say, liquidity trouble last fall, when the group announced the liquidation of the fund, which then had nearly $800 million in assets. There was a catch: the refusal to grant redemptions to avoid fire-sale prices for fund holdings. Current investors received a cash […]
The CFPB's proposals will change the rules of engagement that are now a source of much consumer anguish
Farrah Abraham may claim to be more successful than multi-millionaire Kim Kardashian, but her family has a history of financial crisis. In 2011, two years after the Teen Mom OG‘s… READ ON