Posted on January 3, 2011 by
Washington — If Congress does not raise the debt ceiling, the result could be “catastrophic” for the American economy, Austan Goolsbee, chairman of the Council for Economic Advisers, said Sunday.
Continue ReadingPosted on October 27, 2010 by
Dubai World secured full creditor support for its $24.9 billion debt restructuring plan after the last holdout lender unloaded its claim, representatives for the companies said Wednesday.
Continue ReadingPosted on September 30, 2010 by
Record-low borrowing costs for the biggest U.S.
Continue ReadingPosted on June 9, 2010 by
Of course debt is a serious issue for the future. But that’s why politicians see no gain in finding solutions in the present.
Continue ReadingPosted on April 13, 2010 by
About to leave its third bankruptcy behind, Trump Entertainment Resorts has a simple formula for the future in the cutthroat Atlantic City casino market: less debt, more cash and more Ivanka.
Continue ReadingPosted on March 26, 2010 by
The Obama administration on Friday announced a $14 billion effort to try to stem a rising tide of home foreclosures by giving lenders incentives to erase some mortgage debt and slash mortgage payments for the unemployed.
Continue ReadingPosted on November 17, 2009 by
The US public debt topped 12 trillion dollars for the first time in history, Treasury officials disclosed Tuesday, moving past a key barrier that raised hackles in Congress.
Continue ReadingPosted on September 26, 2009 by
I love hope these GOP losers are whining about debt from health care reform. Where were their backbones when Bush added $5.5 trillion more debt onto the American taxpayer with his unnecessary wars and tax cuts for the rich
Continue ReadingPosted on September 6, 2009 by
Sept. 7 — Japanese bonds fell for a second day as stocks gained on optimism the global recession is easing, damping demand for the relative safety of government debt.
Continue ReadingPosted on May 11, 2009 by
May 11 — Bill Gross , manager of Pacific Investment Management Co.’s $150 billion Total Return Fund , reduced his holdings of U.S. government debt last month for the first time since January.
Continue Reading
