MTA eyes more debt to fix aging system

New York’s Metropolitan Transportation Authority needs to borrow billions to upgrade an 115-year-old subway system that already has $43 billion of debt while principal and interest payments threaten... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 8th, 2019

Fed Ramps Up Asset Purchases

The Fed is spending trillions to buy securities, including municipal bonds and corporate debt for the first time, in support of the financial system. read more.....»»

Category: blogSource: benzingaMay 18th, 2020

The American Empire Is in Decline. Time for a New Economic System

From debt to inequality, the U.S. economy looks like a 1930s disaster waiting to happen. No wonder gold-bugs and Bitcoiners are feeling vindicated......»»

Category: forexSource: coindeskMay 18th, 2020

Google"s new Nest Aware subscription plans make it easier and cheaper to set up a home security camera system — here"s what you need to know

  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.&.....»»

Category: topSource: businessinsiderMay 13th, 2020

Adult children pay the price of keeping aging parents at home

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

Category: worldSource: nytMay 11th, 2020

Waukegan-based Vista Health System operations to continue uninterrupted despite parent company’s bankruptcy filing

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,.....»»

Category: topSource: chicagotribuneApr 24th, 2020

Explainer: Euro zone eyes package to support economy against coronavirus

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......»»

Category: topSource: reutersApr 1st, 2020

How Many People in Your State Are Burdened With Medical Debt?

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........»»

Category: blogSource: 247wallstMar 27th, 2020

RBC eyes fire-sale buyers for over $600M of seized mortgage debt, WSJ reports

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

Category: blogSource: theflyonthewallMar 25th, 2020

Asia stocks rally, Fed launches limitless QE against economic reality

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......»»

Category: topSource: reutersMar 23rd, 2020

How Italy spiraled from a perfectly healthy country to near collapse in 24 days as the coronavirus took hold

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.....»»

Category: topSource: businessinsiderMar 14th, 2020

MTA eyes $1 billion of bonds backed by sales taxes

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......»»

Category: blogSource: crainsnewyorkFeb 28th, 2020

Market Extra: Here are the risks to watch in the CLO market, says industry group made famous by ‘The Big Short’

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......»»

Category: topSource: marketwatchFeb 3rd, 2020

Tens of millions of Americans expected to see lower credit scores following FICO change

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 .....»»

Category: topSource: businessinsiderJan 24th, 2020

Boeing bows out of multibillion-dollar Minuteman missile replacement competition

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......»»

Category: topSource: reutersDec 13th, 2019

Boeing bows out of multibillion-dollar Minuteman III replacement competition

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......»»

Category: topSource: reutersDec 13th, 2019

"The System Is Failing... We"re Not Just Talking "Mad Max"..."

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

Category: blogSource: zerohedgeDec 5th, 2019

Fed says U.S. financial system resilient; flags low rates, "stablecoin" as risks

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......»»

Category: topSource: reutersNov 15th, 2019

5 Facts You Didn’t Know About Student Loan Debt

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......»»

Category: blogSource: valuewalkNov 5th, 2019

Alaska Air Group eyes new jet order and dividend hike after profit surges, debt cuts

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......»»

Category: topSource: bizjournalsOct 25th, 2019

Trump education official to resign, call for loan forgiveness

A senior student-loan official in the Trump administration said he would resign Thursday and endorse canceling most of the nation’s outstanding student debt, calling the student-loan system “fundamentally broken.”.....»»

Category: topSource: moneycentralOct 24th, 2019