Reeves Paves Way for Tax Hikes, Pledges to Cut UK Debt Costs
Chancellor of the Exchequer Rachel Reeves declined to reiterate Labour’s manifesto commitment against broad-based tax hikes, as she…
New World, Vanke Debt Moves Shake Up China’s Property Sector
New World Development Co. and China Vanke Co., two of the most closely watched distressed Chinese property names,…
Thailand’s household debt crisis acts as brake on anemic growth
Billboards, like this one overlooking the expressway in Bangkok, advertise quick cash loans for up to 80% of…
Japan’s $132 Billion Borrowing Binge Reshapes Global Credit
The end of an era of essentially free money in Japan, a flurry of dealmaking and the AI…
Farage Vows to End ‘Exodus’ of Rich in Economic Pitch for UK
Nigel Farage said he wants as many rich people as possible living in Britain, as he railed against…
Troubled Nations Mount Comeback to Debt Markets Amid Yield Hunt
Some of the world’s riskiest sovereign borrowers are returning to international debt markets, taking advantage of increasing appetite…
Got an extra hour? Here are 8 money-saving financial fixes.
Credit card debt hits record levels Americans are carrying a record amount of credit card debt, and interest…
Meta, xAI Spread Risks of AI Splurge With Off-Balance-Sheet Debt
Just this month, Meta Platforms Inc. has secured about $60 billion in capital to build data centers, part…
The U.S. debt is at a record $38 trillion. How will you be affected?
The U.S. government’s gross national debt – the total amount of money owed its creditors and other financial…
OpenAI May Target $1 Trillion Valuation in IPO, Reuters Says
Artificial intelligence startup OpenAI is preparing to file for an initial public offering as soon as next year…
World Bank Says Pakistan’s Slow Growth Fails to Improve Living Standards
Pakistan’s economy is expanding too slowly to meaningfully improve living standards or create enough jobs for its growing…
The U.S. is joining Europe’s debt club—Trump’s ‘Big, Beautiful Bill’ could fuel $38 trillion tab bigger than Italy or Greece by GDP share
For decades, American politicians and investors have snickered at the nations that gave birth to Western democracy —…