Sign in
Sign in
Recover your password.
A password will be e-mailed to you.
China dismantles the empire of a missing tycoon
HONG KONG — Xiao Jianhua was once a trusted financier of China's ruling elite who has come to represent an era of unbridled capitalism.But three years ago he was abducted from a luxury Hong Kong hotel and disappeared into Chinese custody.…
Jet creditors to be paid ₹600 cr over two years
The consortium chosen to resurrect Jet Airways (India) Ltd has offered to invest ₹600 crores in the first two years in the grounded airline to repay creditors and acquire an 89.79% stake in the carrier.…
US Federal Debt Myths and Facts | Economic intelligence
By early December, the federal government's official debt will likely cross the $20 trillion mark – an amount no country has ever owed. As we approach this important milestone, there are a few debt myths that should be debunked.Myth: The…
11 ways to improve your financial situation in 2020
It's the first full week of a new year, which is a great time to take stock of our financial health and, in many cases, come up with a plan to save more money.Last year, NBC News BETTER consulted with experts to find out what steps one…
America’s #1 financial goal for 2020
When setting financial New Year's resolutions, a majority of Americans (61%) say they plan to pay off their debt in 2020.That's according to SoFi's 2019 Year in Review, in which the online personal finance company surveyed more than 2,000…
Ray Dalio says the next financial crisis could be even worse than the last
Long before Ray Dalio became a billionaire, giant hedge fund manager and best-selling author, he telexed his daily sightings of Bridgewater and chatted with Barrons. In the decades since, he has had enormous investment success, using…
How this stock market rally differs from past cycles
The writer is chief global equity strategist at Goldman Sachs and author of "The Long Good Buy"This year has seen one of the deepest economic recessions in decades and for some countries, such as the UK, the biggest annual downturn…
Fourth Circuit Rules Debt Collection Provisions of West Virginia Consumer Protection Law Do Not…
The United States Court of Appeals for the Fourth Circuit recently decided that claims based on Section 2 of the West Virginia Credit and Consumer Protection Act ("WVCCPA"), including claims based on its FDCPA-style debt collection…
HIG Capital sells RGIB’s bathroom furniture division to Roca
MADRID--(BUSINESS WIRE)--HIG Capital, ("HIG"), a global private equity firm with over €35 billion in equity under management, and the Royo family have reached an agreement to sell the furniture division division of RG International…
The best budget app for March 2022
Many personal finance budgeting apps allow you to link bank accounts so the app can track where your money is going. You Need a Budget (YNAB) does this, but also gives users the option to manually add…
Baseball is preparing for an economic blow. The only question is how bad it will be.
The only questions: how bad will it become? And who will share his record?"We're going to lose billions of dollars this year no matter what," said a senior baseball official who, like others interviewed for this story, spoke on condition…
Bank credit increases as consumers shop during the holiday season; risk aversion, low always asks…
Bank credit growth picked up slightly as consumers started buying with the onset of the holiday season. Rising consumer spending during the holiday season supported bank credit growth in the fortnight ending November 6, 2020. Overall credit…
Senate, IMF policy and program
A vote of confidence from the National Assembly calmed the nerves of those who feared political unrest. But those with their hands on the economic pulse are still nervous. They worry about the uncertain future of Pakistan's economic…
Barcelona post €100m loss and double debt amid pandemic
FC Barcelona, one of the richest football clubs in the world, has revealed the massive impact of the coronavirus pandemic on its business, posting a pre-tax loss of 100 million euros last season…
What this means for Americans
Congress is spending and wasting your money.
Getty
The coronavirus pandemic has pushed the government into the proverbial corner, prompting it to borrow heavily in the future to stave off a serious threat today.…
‘Baby Bond’ budget proposal raises questions
What was to be a state budget proposal filled with cuts and spending to mitigate the impact of the COVID-19 pandemic contained at least one big surprise when Governor Phil Murphy included a plan to give most newborns $1,000 in savings…
Program to lift the rural poor out of the microfinance debt trap
An island-wide program to improve financial literacy and rescue the rural poor from the debt trap of micro-finance will be launched today in Anuradhapura (2).
This program is implemented by the Department of Samurdhi Development under the…
Reconsider advice from 3 popular personal finance books
In times of economic stress, it is good to know the basics of personal finance.Many people turn to books for help, so we decided to go back and review three of the most popular finance books of the last 15 years: "The Nine Steps to…
Cipla stock rallies after two years of debt talks
Pharmaceutical company Cipla Quality Chemicals has recovered from a nearly two-year stock market slump, with share trading rising 17.8% to average Shs 112 per unit in the first three weeks of trading. January, against 95 Shs between July…
Is TasFoods (ASX:TFL) using debt in a risky way?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett said "volatility is far from synonymous with risk." When we think of a company's risk, we always like to look at its use of debt,…
New York Attorney General Settles Allegedly Illegal Student Loan Debt Collection Practices With Debt…
On September 14, 2020, New York Attorney General Letitia James announced that she had obtained protections for thousands of student borrowers who had defaulted on their student loans and who were allegedly subject to lawsuits. misleading…
39 states are running out of money to pay COVID-19 bills
At least 39 states didn't have enough money to pay all their bills at the end of 2019, leaving them ill-prepared to bear the costs of the novel coronavirus pandemic, according to a new report.the report, from Truth in Accounting, a think…
ECB eases bank leverage regulations to try to stimulate economy
The European Central Bank has eased regulations on eurozone banks, freeing up to 73 billion euros in capital in a bid to boost lending and prevent the economic crisis triggered by the coronavirus pandemic from unfolding. turns into a…
The municipality of Msunduzi “acts on the debt”
Pietermaritzburg Town Hall, seat of the Msunduzi Council.…
Judge orders Rutgers to turn over Athletics financial documents
A Superior Court judge has ordered Rutgers University to turn over information about tens of millions of dollars lost each year by its Big Ten athletics program.In a ruling last month, Judge Michael Toto found that Rutgers violated the…
CentraCare may assume Rice Hospital’s debt to Willmar – West Central Tribune
WILLMAR — CentraCare, the parent company of Willmar's Carris Health, is seeking to take on all of the city's remaining hospital debt through the issuance…
Transport business accelerates with the help of a £2.5m funding facility
Independent SME financier Bibby Financial Services (BFS) has provided a £2.5m finance facility to transport specialist Brit-Pol Limited.
Based in Immingham, Brit-Pol Ltd is a family-owned haulage company collecting goods!-->…
Mr President: Fix the Debt
On January 20, Joe Biden took the presidential oath. In his inaugural speech, President BidenJoe Biden reporterFox News says Biden called him out after 'son of a b----' remark Peloton responds after another TV character had a heart attack…
Do you sleep a “normal” amount? This Chart Reveals How Close Our Eyes We Really Are
It's a tired and true strategy.The higher you climb the corporate ladder, the more likely you think you have to sacrifice sleep to be successful. In fact, more than half of senior managers (54%) said they believe you…
Debt forgiveness, jobs: budget please all in Punjab in election year – The Tribune India
Ruchika M Khanna
Tribune press service
Chandigarh, March 8
Ahead of Assembly elections due early next year, Punjab Finance Minister Manpreet Singh Badal today tabled a please all but…
Average interest rate by credit score, year
The average interest rate for the most popular 30-year fixed mortgage is 3.1%, according to data from S&P Global.Mortgage interest rates are constantly changing and many factors can affect your interest…
Protecting American Investors from Financing Communist Chinese Military Companies
MICHAEL R. POMPEO, SECRETARY OF STATE
President Trump took decisive action last month to protect American investors and pension holders from funding Communist Chinese Military Companies (CCMCs) through Executive Order (13959)…
My business is in financial difficulty. Is an arrangement with creditors the right option? –…
If your business is struggling to stay financially viable, you could be deal with insolvency. Before that happens, one option you might consider is to negotiate a settlement with the creditor.
This is a regime that deals with the rights…
Distributed Solar Development secures $150 million revolving funding from Rabobank to support solar…
SCHENECTADY, NY--(BUSINESS WIRE)--Distributed Solar Development (DSD) today announced that it has secured a two-year, $150 million construction revolver with Rabobank, a global food and agribusiness bank and leader in…
4 Ways to Stop the Payroll Tax Cut From Cutting Your 2021 Salary
If your employer stops withholding Social Security taxes from your pay, expect to make less money in early 2021.
The IRS finally issued long-awaited guidance on the payroll tax cut ordered by…
Inheritance tax: Brits rely on family payments, but problems arise with probate ‘delays’…
Inheritance tax is levied on a particular proportion of a person's estate upon death. It will likely be the responsibility of those who remain to meet the costs of the tax before they can receive an inheritance. But with an inheritance…
FinanceAsia Achievement Awards 2020 Now Open for Nominations | excellence award, financeasia,…
Finance Asia is pleased to announce that the evaluation period is now open for our annual year-end awards, recognizing excellence in bringing issuers and investors together in the development of Asian financial markets.
The…
Best Providers of Treasury and Cash Management: Africa
Business and technological advancements are helping African banks and businesses weather the pandemic.…
heads of state and government discuss financing for development approaches in the context of…
Heads of State and Government gathered to discuss financing for development in the COVID-19 era and beyond, as part of an initiative launched by the United Nations Secretary-General and Prime Ministers from Canada and Jamaica.…
Saudi Finance Minister Welcomes G20 Debt Service Suspension Initiative
Saudi Finance Minister Mohammed al-Jadaan on Sunday welcomed the G20's approval of a plan to extend the freeze on debt service payments by the poorest countries until mid-2021.Jadaan and Saudi Arabia's G20 Sherpa Fahad…
Why Reverse Mortgage Professionals Should Focus on Accurate Conversations with Borrowers
Reverse mortgage professionals who regularly interact with potential or actual borrowers should take extra steps to ensure their presentations are as accurate as possible. Any proverbial “wiggle room” that exists in something that is…
Finance Ministers’ Event on Financing for Development in the Age of COVID-19 and Beyond
Finance Ministers' Event on Financing for Development in the Age of COVID-19 and Beyond
By Kristalina Georgieva, Managing Director of the IMFWashington DC
September 8, 2020
AS PREPARED…
Junior Achievement of Northern California teaches students financial literacy, work preparation and…
SAN FRANCISCO (KGO) - There are so many wonderful organizations helping people in the Bay Area who need help themselves. For Day of Giving, ABC7 News anchor Jobina Fortson supports Junior Achievement of Northern California, a non-profit…
Junior Achievement USA announces agreement with Learn & Earn to help students learn remotely…
Over 5 million children will be able to earn money for their investment accounts by taking short courses teaching financial literacy and other important life skillsCOLORADO SPRINGS, CO and NEWPORT BEACH, CA / ACCESSWIRE / December 16,…