Debt
- Business
Americans are falling further and further behind on their credit card bills, sending a warning sign to the economy
The amount of credit card debt cleared in the first three quarters of 2024 reached $45.7 billion, up 46% over…
Read More » - Business
Debt crisis: The world’s $100 trillion time bomb continues to tick
Even before global finance chiefs arrive in Washington in the next few days, they are being urged by the International…
Read More » - Business
Commercial Real Estate Crash: Lower Interest Rates Won’t Save Offices
Any hopes that lower borrowing costs would stem the pain from the US office market downturn were dashed this week.…
Read More » - Business
Heavily indebted countries may look fine until suddenly they no longer do, the BIS warns
The Bank for International Settlements warns that indebted countries are vulnerable to a loss of confidence even if that risk…
Read More »