Tag: Credit and Debt
How Do Higher Interest Rates Bring Down Inflation?
This kind of communication was less common 30 years ago. But a series of Fed chairs — Alan…
A U.N. Agency Gave $61 Million to One Family. It Didn’t Go Well.
Ms. Kendrick’s lawyers said in a statement that We Are the Oceans delivered on all of its promises…
Why Musk’s Twitter Bid Has Shaken Tesla Investors
Some shareholders say Mr. Musk’s off-the-cuff posts on Twitter — he once drew comparisons between Justin Trudeau, the…
Will President Biden Forgive Student Loan Debt?
Justin Nelson’s letter, one of the thousands that arrived at the White House this month, said he was…
What Will Happen if Russia Defaults on Its Debt?
WASHINGTON — Russia is ambling toward a major default on its foreign debt, a grim milestone that it…
When Financial Cheating Hurts Your Retirement Plan
With counseling and professional financial guidance, couples can avoid cascading failures that can completely derail retirement planning. One…
Sri Lanka’s President Gotabaya Rajapaksa Faces Huge Protest
COLOMBO, Sri Lanka — As Sri Lankans waited hours in line for fuel, sweated through the springtime heat…
China Sets Aside Push to Spread Wealth in Pivotal Year for Xi
BEIJING — For much of last year, China’s top leader, Xi Jinping, waged a fierce campaign to rein…
Sri Lanka Economy Has ‘Hit Rock Bottom,’ Putting Pressure on President
COLOMBO, Sri Lanka — Just lentils, rice and tea without milk. Meals are increasingly meager for Sandamali Purnima,…
Federal Reserve Walks a Tightrope Between Inflation and Recession
In an interview, James D. Hamilton, professor of economics at the University of California, San Diego, and a…
What a Federal Reserve Rate Increase Means for You
Though the typical car payment has reached its highest levels since 2012, any Fed increase isn’t expected to…
Black Farmers Fear Foreclosure as Debt Relief Remains Frozen
The legal limbo has created new and unexpected financial strains for Black farmers, many of whom have been…