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CNBC

The Trump presidency has seen foreigners flock in as buyers of US government debt
CNBC
Foreign investors have taken a different approach to U.S. debt since Donald Trump was elected president, says Vertical Group banking analyst Dick Bove. In the 12 months prior to December 2017, foreigners had shifted to being net buyers of $20 billion ...



The Intercept

Yale University Under the Spotlight for Its Investment in Puerto Rican Debt
The Intercept
A coalition of activists uncovered late last year that Yale University's $27.2 billion endowment had a direct investment in Puerto Rican debt instruments through a Cayman Islands-registered shell corporation. It is believed to be the first documented ...



CNBC

GM offers $2.2 billion debt for equity swap in return for Seoul's support — sources
CNBC
General Motors has offered to convert debt of around $2.2 billion owed by its ailing South Korean operation into equity in exchange for financial support and tax benefits from Seoul, four sources with direct knowledge of the matter said. The ...
Exclusive: GM offers $2.2 billion debt for equity swap in return for ...Reuters
GM offers $2.2B debt for equity swap in South KoreaSpringfield Business Journal

all 108 news articles »


Washington Post

In Puerto Rico, a skirmish over how much debt the bankrupt island can handle
Washington Post
The $16 billion aid package that Congress approved for Puerto Rico as part of the spending deal this month came as a relief to the territory's government. It also came as a relief to its bondholders. The price of Puerto Rican commonwealth bonds has ...
Best's Briefing: Worst-Case Scenario on Puerto Rico Power Utility Debt Likely Still Within Insurers' Risk AppetitesBusiness Wire (press release)

all 97 news articles »


The Mercury News

Borenstein: On pension debt, CalPERS does right — sort of
The Mercury News
But the nation's largest pension system remains woefully unprepared for the next major recession.

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Bloomberg

US Pays Up to Auction $179 Billion of Debt in a Span of Hours
Bloomberg
Concerns about the U.S. borrowing cap had forced the Treasury to trim the total amount of bills it had outstanding, but with the latest debt-ceiling drama over, the government is now busy ramping up issuance. Financing estimates from January show that ...

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Student loan borrowers with high debts aren't making progress repaying them
MarketWatch
The paper, authored by Adam Looney, a former Treasury Department official and Constantine Yannelis, a finance professor at New York University's Stern Business School, also found that borrowers are having trouble repaying the debt. Beginning in the ...



BBC News

Nirav Modi fraud case and India's bank debt crisis
BBC News
The biggest news story in India over the last week has centred around a billionaire jeweller, Nirav Modi, who has allegedly defrauded one of India's largest banks of more than a billion dollars. Columnist Vivek Kaul explains why the case could be just ...

and more »


The Detroit News

Feds: Johnson deep in debt before stealing from state
The Detroit News
Detroit – Sen. Bert Johnson was deep in debt in fall 2013 when he conspired to steal from taxpayers by hiring a ghost employee for a no-show state job so he could repay loans, federal prosecutors said Tuesday. Prosecutors offered a glimpse at their ...



Chillicothe Constitution Tribune

Dave Ramsey: Debt and income crisis
Chillicothe Constitution Tribune
I received a call the other day from a company saying it could negotiate the balance on my credit cards to a lesser amount. The caller also said they could get me a zero-percent interest rate until the debts were paid off, and then the accounts would ...

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