Debt relief and vacation ahead for $50K lottery winner
Delaware, OH – A $50 scratch-off ticket turned into a $50,000 prize for one lucky Ohio player who recently hit big on the Billion instant … Read more
Debt
Harris Ends Billion Dollar Campaign $20 Million in Debt, Staffers Not Paid, Trump Offers Assistance
WASHINGTON — Vice President Kamala Harris’s campaign is reportedly facing a debt of approximately $20 million following the recent election, with campaign insiders suggesting the … Read more
Pennsylvania Reaches Settlement With Butler Landlord for Unlawful Debt Collection Practices
HARRISBURG, Pa. — Attorney General Michelle Henry has secured a $50,000 settlement with A.R. Building Company, Inc., a Butler County-based landlord, in response to allegations … Read more
New Jersey to Spend $100 Million to Erase Medical Debt
TRENTON — Governor Phil Murphy announced a significant initiative aimed at reducing medical debt for thousands of New Jersey residents, leveraging over $550,000 in American … Read more
Burtonsville Retiree Wins $50,000 in Maryland Lottery, Clears Debt
BURTONSVILLE, MD — A retired school administrator from Burtonsville has struck it lucky with a $50,000 top prize from the Joker’s Wild scratch-off lottery ticket. … Read more
Philadelphia Woman Shot 7-Month-Old Baby Over Mom’s $100 Drug Debt
Woman Arrested After Shooting Incident Involving Baby in Philadelphia Philadelphia, PA – A Pennsylvania woman is in custody after allegedly shooting at a mother, father, … Read more
Florida Woman Targeted New Yorkers in Debt Collection Scheme
BUFFALO, NY – A federal jury has convicted Angela Burdorf, 44, of New Port Richey, Florida, of wire fraud and conspiracy to commit wire fraud. … Read more
Two Men Sentenced for 2014 Murder Linked to Drug Debt in Harlem
NEW YORK, NY – Carlos Laureano and Nnandi Ben-Jochannan have received substantial prison sentences for their involvement in the 2014 murder of Luis Perez, as … Read more
Liquidity risks worry IMF amid high debt, Gopinath tells Bloomberg News
(Reuters) – The International Monetary Fund is watching for potential market liquidity risks as countries refinance debt issued during the pandemic, its first Deputy Managing … Read more
Italy needs to get tougher on debt, deficit -IMF’s Georgieva
ROME (Reuters) – Italy should be taking tougher action to deal with its deficit and debt levels, the head of the International Monetary Fund (IMF) … Read more
Factbox-German budget crisis tests limits of its ‘debt brake’
BERLIN (Reuters) – Germany’s constitutional court ruled last week that the coalition government’s decision to re-allocate 60 billion euros ($65 billion) of unused debt from … Read more
AirAsia parent plans to raise more than $1 billion in debt, equity – FT
(Reuters) – Capital A Berhad, the parent of AirAsia, is planning to raise more than $1 billion in debt and equity, and will list some … Read more
Analysis-Dollarization, devaluation, debt: potential traps for Argentina investors
By Rodrigo Campos NEW YORK (Reuters) – Argentines will on Sunday move a step closer to deciding who will run the $600 billion economy engulfed … Read more
Yellen, China’s top central banker talk about debt, economic developments -US Treasury
MARRAKECH, Morocco (Reuters) – U.S. Treasury Secretary Janet Yellen and People’s Bank of China Governor Pan Gongsheng on Friday held a “substantive and productive” meeting … Read more
IMF fiscal chief: U.S., China must rein in debt, face different challenges
By David Lawder MARRAKECH, Morocco (Reuters) – The U.S. and China will both need to make major changes to put their medium-term debt and deficit … Read more
Investor Engine Capital asks Parkland to cut debt, start buyback plan
(Reuters) – Activist investor Engine Capital on Tuesday urged fuel marketer Parkland to reduce its debt and announce new share buyback plans. In its latest … Read more
Sri Lanka bondholders talks focus on state enterprise debt, domestic banks – sources
By Karin Strohecker and Jorgelina do Rosario LONDON (Reuters) – Talks between Sri Lanka and its international bondholders will seek common ground on how much … Read more
America Movil prioritizing peso-denominated debt, CFO says
(Reuters) – Mexican telecommunications giant America Movil is looking to increase the percentage of its debt held in pesos, Chief Financial Officer Carlos Garcia Moreno … Read more
Time for daily talks between Biden, Republicans on debt, moderate Democrat says
By David Morgan WASHINGTON (Reuters) – A prominent moderate U.S. House of Representatives Democrat said Friday that it is time for President Joe Biden to … Read more
UK’s Sunak says upcoming budget to cut debt, not taxes
By Alistair Smout PARIS (Reuters) – British Prime Minister Rishi Sunak said on Friday that his government would prioritise reducing the country’s debt over cutting … Read more
Argentina swaps $21.7 billion in domestic debt, dimming default risk
BUENOS AIRES (Reuters) – Argentina has swapped 4.34 trillion pesos ($21.66 billion) in domestic debt, amounting to around 64% of loans due to mature through … Read more
Chile’s tax reform rejection could raise debt, Moody’s says
(Reuters) – Chile’s rejection of a tax reform put forward by leftist President Gabriel Boric will complicate the country’s process of fiscal consolidation and gradually … Read more
DEBRA SAUNDERS: What Ever Happened To Being Responsible For Your Own Student Loan Debt?
DEBRA SAUNDERS: What Ever Happened To Being Responsible For Your Own Student Loan Debt? Debra J. Saunders on March 4, 2023 I’m old enough to … Read more
Marketmind: Fret about debt?
A look at the day ahead in European and global markets from Ankur Banerjee With the Year of the Rabbit upon us, the Asian markets … Read more
U.S. watchdog moves to block ‘debt mill’ working for Citi, Discover
(Reuters) – The Consumer Financial Protection Bureau moved to stop a New York law firm it said was acting as a high-volume debt collection service … Read more
Russia discusses debt, energy stability with Venezuela
CARACAS (Reuters) – Russian Deputy Prime Minister Alexander Novak met on Wednesday with Venezuela’s oil minister in Caracas, where they discussed oil market volatility and … Read more
Canadian oil companies, lighter in debt, have cash to spare despite falling prices
By Rod Nickel WINNIPEG, Manitoba (Reuters) – After a bumper year of share buybacks and dividends, investors in debt-light Canadian oil and gas producers are … Read more
Brazil spending waiver may trigger record debt, crimp monetary policy
By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) – Brazil’s incoming government effort to exempt nearly 200 billion reais ($37 billion) of spending from a … Read more
Analysis: UK’s Hunt faces triple threat from debt, recession and Conservative rebels
By William Schomberg LONDON (Reuters) – Newly confirmed finance minister Jeremy Hunt must keep investors calm about Britain’s debt mountain, avoid causing a deep recession … Read more
Zambia finance minister eager to renegotiate debt, awaits China’s team
By Jorgelina do Rosario and Rachel Savage WASHINGTON/JOHANNESBURG (Reuters) – Zambia’s finance minister said on Saturday it is still unclear who will be leading talks … Read more
Zimbabwe engaging with World Bank, IMF on clearing IFI debt, says finance minister
JOHANNESBURG (Reuters) – Zimbabwe is engaging with the World Bank and International Monetary Fund on how to clear its debts with international financial institutions, finance … Read more
Tonawanda Man Pleads Guilty For His Role In Debt Collection Scheme
CONTACT: Barbara Burns PHONE: (716) 843-5817 FAX #: (716) 551-3051 BUFFALO, N.Y. – U.S. Attorney Trini E. Ross announced today that Greg MacKinnon, 56, of the City … Read more
Tonawanda Man Pleads Guilty For His Role In Debt Collection Scheme
CONTACT: Barbara Burns PHONE: (716) 843-5817 FAX #: (716) 551-3051 BUFFALO, N.Y. – U.S. Attorney Trini E. Ross announced today that Greg MacKinnon, 56, of the City … Read more
Italy must cut energy bills even if it pushes up debt, says election centrist
By Giselda Vagnoni and Gavin Jones ROME (Reuters) – Italy must quickly cut energy bills for firms and households even if it means hiking the … Read more
HERRING: Biden Is Walking A Political Tightrope Over Student Loan Debt. Here’s Why
HERRING: Biden Is Walking A Political Tightrope Over Student Loan Debt. Here’s Why Joe Herring on August 24, 2022 If playing hard-to-get is the best … Read more
Foreigners cut China debt, dump equities in July – IIF
SHANGHAI – Foreign investors continued to cut holdings in Chinese bonds in July and dumped equities for the first time in four months, according to … Read more
U.S. household debt tops $16 trillion amid rising inflation
(Reuters) – U.S. household debt increased to a record $16.15 trillion in the second quarter, driven mostly by a $207 billion jump in mortgage balances, … Read more
ECB nemesis Kerber weighs action against new debt shield
By Frank Siebelt FRANKFURT – The German academic behind the European Central Bank’s biggest court setback is weighing legal action against the ECB’s new bond-market … Read more
Debt shadow may hang over Kenya’s next president
By Duncan Miriri NAIROBI – Kenya’s economic output has more than doubled during President Uhuru Kenyatta’s 10 years in office, but a debt binge that … Read more
Brazil’s public debt rises 2.5% in June, interest rates keep soaring
BRASILIA -Brazil’s federal public debt grew 2.51% in June from the month before, and the average cost of domestic debt issuance kept soaring amid greater … Read more
Analysis: ECB faces Italian debt test as politics intervenes
By Francesco Canepa and Giselda Vagnoni FRANKFURT/ROME – The European Central Bank seems almost certain to face a test of its resolve to rein in … Read more
El Salvador to buy back some debt in surprise move
By Nelson Renteria SAN SALVADOR – El Salvador’s president announced on Tuesday a plan for a voluntary repurchase offer to holders of bonds maturing between … Read more
Ukraine says it can save nearly $5.5 billion by postponing debt repayments
KYIV – Ukraine can save 200 billion hryvnias ($5.45 billion) for priority needs by deferring its external debt repayments, Prime Minister Denys Shmyhal said on … Read more
Evergrande’s debt revamp to provide roadmap on tackling China property crisis
By Clare Jim HONG KONG – China Evergrande Group, the world’s most indebted developer, is expected to announce this week a debt restructuring plan that … Read more
Ukraine talking to major institutions about ways to reduce debt payments
KYIV – Kyiv is talking to major international financial institutions about ways to reduce debt payments in the near future, Ukraine’s government commissioner for public … Read more
Explainer-Ukraine pushes for debt freeze to dodge hard default
By Karin Strohecker and Jorgelina do Rosario LONDON – Ukraine has asked its creditors for a two year payment freeze on its international bonds in … Read more
‘Impossible Situation’: Europe Faces Recession, Debt Crisis As Rate Hike Looms
‘Impossible Situation’: Europe Faces Recession, Debt Crisis As Rate Hike Looms Max Keating on July 20, 2022 The European Central Bank (ECB) will announce its … Read more
U.S. Treasury’s Yellen welcomes Ukraine debt freeze, calls on creditors to join
WASHINGTON – U.S. Treasury Secretary Janet Yellen on Wednesday said she welcomed a decision to suspend Ukraine’s debt service obligations by a group of six … Read more
China expedites local govt debt issuance to bolster capital of smaller banks
BEIJING – China’s banking regulator has worked with the finance ministry and central bank to accelerate the issuance of special local government bonds to help … Read more
IMF chief sees ‘exceptionally uncertain’ global outlook, deteriorating debt situation
NUSA DUA, Indonesia – IMF chief Kristalina Georgieva on Saturday warned officials from the Group of 20 major economies to take urgent action to combat … Read more