Japan’s Takaichi Shifts Economic Policy With Looser Budget Goal
Japanese Prime Minister Sanae Takaichi signaled her determination to ramp up the active use of fiscal policy to…
The Art School Debt TrapÂ
The art school debt trap. (illustration by Shari Flores/Hyperallergic) There’s a moment I’ll never forget: Making the Band,…
DoubleLine’s Cohen Sounds the Alarm on AI-Debt Funding Frenzy
Fixed-income investors should tread carefully when it comes to funding the artificial intelligence boom, according to DoubleLine Capital’s…
US Treasuries Jump as Weak Jobs Data Fuel Rate-Cut Bets
Treasuries rallied after private measures of US economic data pointed to a stumbling jobs market, spurring traders to…
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…
Mark Carney to Unveil Debt-Fueled Canadian Budget to Revamp Economy
Mark Carney was elected prime minister with a mandate to transform Canada’s economy. Now he needs to assure…
New World Plans $1.9 Billion Debt Swap With Creditor Haircuts
New World Development Co. plans to issue up to $1.9 billion of new debt in an exchange offer…
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…
World Economy Latest: Fed’s Powell Reins in Rate-Cut Expectations
Central bankers in North America’s two largest economies lowered borrowing costs this week, though yields on government debt…
US National Debt Ballooning at $4,800,000 Per Minute, Now Equal To Combined GDP of China, Germany, Japan, India and UK
The US national debt is now as large as the combined gross domestic product (GDP) of the second…