MTA eyes more debt to fix aging system

What happens when a company set up by the Chinese government to help clean up toxic debt in the country’s banking system gets into trouble itself? It seems we’re about to find out. Investors were spooked when China Huarong Asset Management Co.,.....»»

Oil And Debt: Why Our Financial System Is Unsustainable Authored by Charles Hugh Smith via OfTwoMinds blog, How much energy, water and food will the "money" created out of thin air in the future buy? Finance is often cloaked .....»»

India has unveiled a plan to set up a bad bank, its latest attempt to tackle the mountain of defaulted debt that threatens to cripple its financial system. With soured assets pegged at a more than two-decade high, the move is aimed at reviving.....»»

  On their own, without a plan, Nest cameras and devices let you watch live footage of what they see — they're you're eyes and ears when you're away from home.&.....»»

The emotional and financial costs are high in a long-term care system that is full of holes.....»»

Operations at Waukegan’s only full-service hospital will continue uninterrupted as Vista Health System’s parent company restructures its debt as part of federal bankruptcy proceedings,.....»»

With the euro zone economy in need of help from the coronavirus pandemic, officials have until April 9 to design a package that satisfies members with completely opposing views: those calling for joint debt issuance and those fiercely against it......»»

The United States spends more per capita on health care than any other large developed country — and without a single-payer national health care system, much of that spending is shouldered........»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Asian stocks rallied on Tuesday as the U.S. Federal Reserve's sweeping pledge to spend whatever it took to stabilize the financial system eased debt market pressures, even if it could not offset the immediate economic hit of the coronavirus......»»

Claudio Furlan/LaPresse via AP Wracked by the coronavirus pandemic, Italy's healthcare system is crumbling. The country's aging population, coupled with a lack of adequate medical resources, is overwhelming do.....»»

The Metropolitan Transportation Authority, the nation’s largest public-transit provider, is set to approve the sale of $1 billion of sales-tax debt Wednesday, a new borrowing vehicle for the agency... To view the full story, click the title link......»»

A key trade group for participants in the CLO market says ‘vigilance is warranted’ over corporate debt boom in terms of protecting investors and the financial system, in first-of-a-kind paper......»»

Dan Kitwood/Getty Images FICO has made significant changes to the way the most widely used credit score in the nation is calculated. The new system will more strictly penalize borrowers with large amounts of debt or those who have fallen .....»»

Boeing Co has decided not to compete as a prime contractor to replace the Pentagon's aging U.S.-based Minuteman III missile system, paving the way for Northrop Grumman Corp to win a contract worth tens of billions of dollars......»»

Boeing Co has decided it will not compete as a prime contractor to replace the Pentagon's aging U.S.-based Minuteman III missile system, paving the way for Northrop Grumman Corp to win a contract worth tens of billions of dollars......»»

"The System Is Failing... We're Not Just Talking 'Mad Max'..." Via Greg Hunter’s USAWatchdog.com, Journalist and book author Michael Snyder says corporate debt is at record highs standing at $10 tril.....»»

The U.S. Federal Reserve on Friday flagged high levels of corporate debt, the impact of an extended period of low global interest rates, and emerging "stablecoin" cryptocurrency proposals as potential risks to the financial system......»»

People all over the world praise the educational system in the United States. Many school graduates aspire to get into college or university in America.... The post 5 Facts You Didn’t Know About Student Loan Debt appeared first on ValueWalk......»»

The Seattle-based airline, the West Coast's the largest carrier, has positioned itself for talks with aircraft manufacturers almost perfectly, giving it multiple options as it shops......»»