MTA eyes more debt to fix aging system

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.”.....»»

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.”.....»»

New York regulators approved plans to build the state’s biggest battery system at an aging power plant along the East River in Queens. The 316-megawatt system will be powerful enough to provide... To view the full story, click the title link......»»

Morningstar Credit Ratings is planning a rating system for tokenized debt securities to make the emerging asset class more credible for investors.....»»

The layoffs come as the system works toward completing a new 205-bed Largo hospital as a replacement for the aging Prince George’s Hospital Center in Cheverly......»»

The author of ‘Indebted’ explains why the college financial aid system is broken......»»

Medical Debt Is Crushing Many Americans. Is The Health Care System On The Verge Of Collapse? Authored by Daisy Luther via The Organic Prepper blog, Health care expense.....»»

The likelihood of U.S. corporate defaults rippling through the financial system are slim, says IHS Markit’s Michael Ryan, particularly if the Federal Reserve goes down a rate cutting path......»»

Argentina's peso slumped on Thursday and its country risk soared to levels not seen since 2005 after the government announced plans to "reprofile" about $100 billion of its debt, leaving investors scrambling to assess what kind of hit they might face......»»

Argentina's peso slumped 3% on Thursday and country risk soared to levels not seen since 2005 after the government announced plans to "reprofile" about $100 billion of its debt, leaving investors scrambling to assess what kind of hit they might face......»»

Argentina's international dollar bonds fell to new record lows on Thursday and its debt-insurance costs rocketed after the government announced plans to "reprofile" some debt, leaving investors scrambling to assess what kind of hit they might face......»»

The Trump administration is giving careful thought to selling something Wall Street may not be ready to buy: ultra-long debt......»»

Aging world spurs low rates, high debt, and financial instability, writes Ed Yardeni......»»

The Congressional Budget Office reveals shocking forecasts for immigration, debt and spending for the next 30 years......»»

If you owe money on your credit cards, just about everything is a luxury......»»

Rates are being cut because too many people just owe too much money — and many refuse to cut back their spending......»»

India’s $42 billion shadow-banking system has been creaking since one of the country’s biggest infrastructure lenders unexpectedly halted debt repayments in 2018. Investor nerves were rattled again in June when a major mortgage lender delayed b.....»»

Reparations would have to include payments to African-Americans and Native Americans......»»

The JPMorgan Chase CEO stopped short of endorsing broad-scale debt forgiveness.....»»

The fiscal health of the United States is projected to deteriorate as the aging of the population pushes up spending on Social Security and Medicare, according to a new estimate released Tuesday......»»