– Credit rating agency Scope cut Russia’s sovereign debt ratings to BB+ on Tuesday and placed them under review for further downgrade, citing “severe strengthening” …
LVIV – Ukraine raised 8.1 billion hryvnias ($273 million) on Tuesday at its first bond auction to raise money for its fight against Russia, the …
LONDON – Credit rating agency Moody’s warned on Tuesday that Russia’s move to ban the servicing of newly-issued foreign-currency debt in the wake of stiff …
LONDON – JPMorgan said on Tuesday that Russian debt remained part of its emerging market bond indexes for now but that new debt issued by …
MOSCOW – The Russian central bank on Thursday said it was raising the ceiling for banks’ outstanding debt under repo auctions to $50 billion from …
NEW YORK – The prices of a major junk bond ETF fell on Thursday as investors pulled out of riskier assets amid a widespread selloff …
STOCKHOLM – Sweden’s Debt Office said on Thursday that strong growth would lead to better government finances and lower the borrowing requirement meaning it would …
By Davide Barbuscia NEW YORK – Dimensional Fund Advisors, a pioneer of quantitative investment with $680 billion in assets under management, has increased exposure to …
LONDON – JPMorgan’s emerging market strategists said on Wednesday that new U.S. sanctions on Russian sovereign debt announced this week were likely to have limited …
By Clare Jim and Andrew Galbraith HONG KONG/SHANGHAI -Shares and international bonds of Zhenro Properties slumped further on Monday after it said existing internal resources …
The Biden administration announced Wednesday it will cancel $415 million in student debt for nearly 16,000 borrowers who claim they were misled by for-profit colleges. …
By Giuseppe Fonte and Gavin Jones ROME – Italy is working on a reform to make it easier for workers to retire early without bloating …
By Yousef Saba DUBAI -Turkey sold $3 billion in Islamic bonds on Wednesday, in its first U.S. dollar-denominated debt sale since September, before unorthodox rate-cutting …
LONDON – Governments will benefit from the biggest inflation-driven drop in debt ratios in over 20 years, credit rating firm Fitch said on Wednesday, estimating …
WASHINGTON – The International Monetary Fund said on Thursday it is hoping that G20 finance leaders next week can advance proposals to strengthen a debt …
PARIS -French sugar and ethanol group Tereos on Wednesday reported a jump in third-quarter core earnings as high prices helped offset a poor harvest in …
By Miguel Lo Bianco and Horacio Soria BUENOS AIRES – Thousands of Argentines marched through the streets of Buenos Aires on Tuesday to protest against …
By Jonnelle Marte – U.S. consumer debt loads grew in 2021 by the largest amount in 14 years as people ramped up borrowing to afford …
By Davide Barbuscia NEW YORK – Investors are preparing for more downside in U.S. credit markets, as bets that the Federal Reserve will become more …
By Pete Schroeder WASHINGTON -Senior Democrats in the U.S. Senate are pressing JPMorgan Chase & Co for details on how they take overdue credit card …
From the desk of Senate President Nick Scutari Trenton – Senate President Nick Scutari issued the following statement welcoming the state savings produced by the “New …
From the desk of Paul Sarlo Trenton – Senate Budget Chair Paul Sarlo today said Treasury’s plan to pay down $3 billion in high-interest debt underscores …
By Alexandra Valencia QUITO – Ecuador expects to pull together a trade deal with China at the end of this year and will begin formal …
ANNAPOLIS, MD—Governor Larry Hogan today announced nearly $9 million in tax credits to more than 9,000 Maryland residents with student loan debt, awarded by the …
Many U.S. consumers racked up debt this holiday season, and most of them won’t be able to pay it off immediately, according to a report …
Senate Democrats Tuesday afternoon cleared a measure to lift the debt ceiling by $2.5 trillion, staving off a default through the 2022 midterms after months …
A major credit ratings firm declared that real estate giant China Evergrande was in default on Thursday, creating the potential for the communist country’s financial …
A bill that would enable Democrats to raise the debt ceiling without overcoming a Senate filibuster passed the chamber Thursday afternoon with bipartisan support. The …
The House late Tuesday passed a conferenced version of the National Defense Authorization Act and a bill that could clear a path for the Senate …
Rashida Tlaib is now a Congresswoman earning $174,000 per year, gets free medical benefits, an allowance. and still hasn’t been able to pay her student …
CHICAGO — The former owner of a debt collection company pleaded guilty today to a federal criminal charge for corruptly agreeing to underwrite certain expenses …
The House on Tuesday voted to lift the debt ceiling by $480 billion, temporarily averting widespread economic calamity after weeks of partisan gridlock and sending …
Republican Sen. Lindsey Graham of South Carolina expressed regret on Fox News’ “Hannity” Thursday night over Republicans allowing a short-term increase to the federal debt …
Senate Majority Leader Chuck Schumer was quick to disparage Republicans over their opposition to lifting the debt ceiling after the measure cleared a filibuster Thursday …
The Senate Thursday evening temporarily averted a debt default after passing legislation to extend the debt ceiling and cover the nation’s bills until December. The …
Senate Majority Leader Chuck Schumer announced Thursday that a deal was reached to raise the debt ceiling and avoid a nationwide default. The deal extends …
Treasury Secretary Janet Yellen said Tuesday that the U.S. could slide back into economic recession if Congress fails to raise the debt ceiling by Oct. …
Senate Majority Leader Chuck Schumer told his caucus Monday that Congress must pass a bill to raise the debt ceiling this week. “Let me be …
The no. 2 Democrats in the House and Senate gave contradictory messages about their plan to raise the debt ceiling Tuesday, with one saying that …
Treasury Secretary Janet Yellen repeated an urgent request for Congress to raise the debt ceiling Tuesday, warning about the potentially devastating consequences of the U.S. …
Senate Republicans Monday filibustered Democrats’ bill to fund the government and suspend the debt ceiling, days before a potential federal shutdown and possible debt default. …
Miami, Florida – A Vero Beach woman who stole money from clients she was supposed to be helping resolve federal tax debt was sentenced yesterday …
Facebook is spending $100 million to buy up the outstanding invoices of small businesses owned by women, racial minorities, veterans, disabled people and LGBTQ+ people, …
TRENTON, NJ – New Jersey’s state debt has climbed to a staggering $189.6 billion making it the highest taxpayer debt burden in America, according to …