Drivers with poor credit scores can pay up to 60% more for car insurance
Auto insurance costs can be significantly larger for those with poor credit scores, studies show. Here’s how to raise your credit score.
Evergrande restructuring is a warning to China’s other creditors
Trading in Evergrande’s Hong Kong-listed shares and both other listed units have been suspended for about a year, after they failed to file financial reports on time.
Credit Suisse write-off upends European bank capital bonds
A last minute law change allowed Switzerland to write off $17 billion in bonds, while allowing equity holders to keep their money, an unprecedented change.
Higher wages and social security checks led to increase in consumer spending: BofA
Credit and debit card use on BofA brand cards rose 5.1% year-over-year annually compared to 2.2% the month before, the bank said.
Angelo Gordon raises $1.3B fund to buy company debt
Angelo Gordon & Co is raising a new fund to invest in corporate-debt securitie. saying it believes worry over default has created screaming deals in the bond market.
Adani shares surge after $1.87B GQG investment; more road shows lined up
After falling $130 billion in market value, Gautam Adani's conglomerate, Adani, is beginning to rally after a $1.87 billion investment by GQG Partners in Florida.
Economy, job market among nation’s most pressing issues, say concerned Americans
People in Austin, Texas, identified what they believed to be the most pressing issues facing America currently, with over half of people pointing to the economy
Credit card debt higher than savings for record percentage of Americans
A record percentage of U.S. adults say their credit card debt is now higher than their emergency savings as stubbornly high inflation chews away at consumers' budgets.
Credit card delinquency rates for new users were higher than for those with established credit
Credit card delinquency rates have been trending higher for new credit users, according to a TransUnion report. High inflation and a volatile interest rate environment may cause delinquency rates to increase in the U.S. in 2023. Here’s how to pay down high-interest debt quickly.
Is student loan debt a dating deal-breaker?
More Millennials are cohabiting as student debt rises, leading many singles to pay more attention to a potential spouse's financial situation, which can lead to awkward conversations if not handled properly.
Consumer credit increased by nearly $30 billion, experts expect record delinquencies in 2023
Consumer credit increased amid high inflation in 2022. Here’s how to pay down debt quickly.
Congressional Budget Office says US could 'run out of cash' by summer if Congress doesn't act
The U.S. could default on its debt sometime this summer if Congress doesn't raise the debt the $31.4 trillion debt ceiling, the Congressional Budget Office projected Wednesday.
Vice Media gets $30 million-plus lifeline from Fortress as bills pile up
Vice Media has struggled for years to show rapid growth and live up to an early valuation of $5.7 billion. New debt intends to bridge the gap until sale.
Americans prepare for a recession by paying off debt, survey says
Of the 81% of middle-income survey respondents who said they expected a recession this year, 62% said they are planning to or have already taken measures to face tougher economic times, according to Primerica’s recent survey.
Financial secrecy among biggest red flags in a partner, Wells Fargo says
It's important to keep an eye out for financial red flags in your partner before making important life decisions such as buying a home, according to Wells Fargo experts.
Credit card debt increased to record $931 billion: Here's how to pay debt quickly
Americans' credit card debt increased to more than $931 billion in the last quarter of 2022 amid high inflation and rising interest rates. Here’s how to cut down debt and lower your monthly expenses today.
Biden invokes 'chaos,' sticks to refusal to negotiate on debt during first post-State of the Union speech
President Joe Biden on Wednesday said defaulting on the national debt -- as advocated by some Republican lawmakers -- would lead to "chaos."
27% of consumers in relationships expect Valentine's Day spending may cause them to rack up credit card debt
Some consumers spending money for Valentine’s Day anticipate doing so for their other half might rack up credit card debt for them, according to a LendingTree survey.
Twitter makes first interest payment on debt since Musk buyout: report
Twitter reportedly made its first interest payment Friday on about $12.5 billion of debt that Elon Musk used to purchase the social media platform last year.
Banks brace for more consumers to fall behind on their loans
American banks increased reserves to prepare for potential defaults on credit card debt, student loans, and other personal loans to prepare in case of a recession.



















