Thepsychicvoice.com - The Latest Debt News and Information

Washington Post

Are you plagued by the serial get-out-of-debt disorder?
Washington Post
There's a group of people who suffer from what I'd call “serial get-out-of-debt disorder.” I know it's a mouthful, but it's a real condition for folks who find themselves stuck in a cycle of getting in and out of debt. This ailment typically affects ...



Business Insider

One of the most prominent Chinese analysts is sounding alarm on the country's debt
Business Insider
LONDON – Charlene Chu, an influential China analyst, of Chinese debt, warned the country's debt problem is starting to have global implications. Speaking to the Financial Times' Gabriel Wildau this week, Chu said: "Everyone knows there's a credit ...

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CNBC

Fed's Kashkari: Debt ceiling a factor in decision to unwind bond portfolio
CNBC
The Federal Reserve will take into consideration government efforts to raise the federal debt limit in deciding when to start winding down their large bond portfolio, said Neel Kashkari of the Minneapolis Fed. The U.S. government is bumping up against ...

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Louisiana Debt Refinancing Estimated to Save State $54M
U.S. News & World Report
State Treasurer Ron Henson's office announced Thursday that the refinancing will free up more than $54 million for infrastructure projects. Annual savings in debt repayment will range from $1.5 million to $2.7 million through 2045, while the principal ...

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US household debt passes recession peak - Business Insider
Business Insider
The Federal Reserve Bank of New York released a study revealing that total household debt in the US has risen above recessionary highs. Driven primarily by ...

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CNBC

Amazon's Massive Debt Deal
Seeking Alpha
Despite the Whole Foods (NASDAQ:WFM) acquisition being fully debt-funded, Moody's put the company's Baa1 rating, its eighth highest rating, on review for upgrade. The credit rating stands just three notches from below investment grade, but Moody's is ...
Amazon raises $16 billion to fund Whole Foods acquisition with debt that includes 40-year bondCNBC
Amazon Enlists Bond Market in Its Quest for Grocery DominanceBloomberg
Amazon Sells $16 Billion of Bonds to Finance Whole Foods DealWall Street Journal (subscription)
Zacks Investment Research -SEC.gov
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CNNMoney

Former Corinthian students will get debt relief
CNNMoney
About 41,000 students who took out private loans to go to Corinthian College will be eligible for debt relief. The Consumer Financial Protection Bureau and 13 state attorneys general said Thursday that they had reached a settlement agreement with ...
Regulators extract $192 million student debt settlement from AequitasOregonLive.com
AG obtains $7 million in debt relief for nearly 2000 Washington student borrowersAccess Washington

all 21 news articles »


Reuters

Venezuela's PDVSA prepares to meet foreign debt commitment
Reuters
CARACAS (Reuters) - Venezuelan state oil company Petroleos de Venezuela (PDVSA) has initiated bank transfers to meet its foreign debt commitments for the month, the company said in a statement on Thursday. PDVSA, the main source of foreign ...

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Wall Street Journal (subscription)

How India's Debt Could Kill Its Growth
Wall Street Journal (subscription)
India is taking a series of aggressive steps to reduce the mountain of bad debts weighing down its banks and threatening to derail the world's fastest-growing large economy. India's parliament last week passed a law empowering its central bank to force ...



Washington Examiner

US debt tops GDP, $19.8 trillion vs. $19.2 trillion
Washington Examiner
According to the latest Pew Research Center analysis, "The nation's debt is now bigger than its gross domestic product, which was an estimated $19.23 trillion in the second quarter. Debt as a share of GDP rose steeply during and after the 2008 ...

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