Biden administration proposes new rule to prevent students from incurring crippling debt at for-profit colleges
The Biden administration proposed a new rule Wednesday meant to prevent students from taking on an unaffordable amount of student loan debt to attend for-profit colleges and certificate programs at nonprofit colleges.
2023-05-18 07:20
Charles Schwab to raise $2.5 billion in long-term debt - WSJ
Charles Schwab Corp is looking to raise $2.5 billion in long-term debt, the Wall Street Journal reported on
2023-05-18 06:53
Are you worried about the US defaulting on its debt?
The United States risks could run out of money to pay its bills if Congress is not able to reach an agreement on the debt ceiling. It could happen as soon as June 1, according to warnings from Treasury Secretary Janet Yellen, and could have potentially have far-reaching and dire consequences for Americans, including people who receive benefit payments or run a small business or who are trying to buy a home.
2023-05-18 02:54
Bank CEOs huddle with Schumer on the debt ceiling
Senate Majority Leader Chuck Schumer urged JPMorgan Chase CEO Jamie Dimon and other leading bank executives during a meeting on Wednesday to push all members of Congress to take the threat of a disastrous default off the table, a person familiar with the matter told CNN.
2023-05-18 01:50
Biden supported these work requirements for public aid in the past
With work requirements for safety net programs emerging as a central issue in the debt ceiling negotiations, President Joe Biden's past support of such mandates is a point of optimism for Republicans and of concern for his fellow Democrats.
2023-05-18 00:27
Biden says he's confident leaders will reach an agreement on debt limit
President Joe Biden on Wednesday sought to lay out how he'll continue to negotiate with congressional leaders on the budget to raise the debt ceiling -- underscoring that all parties agreed that the United States would not default.
2023-05-17 23:49
Global debt on the rise, EM crosses $100 trillion mark - IIF
By Rodrigo Campos NEW YORK A measure of debt across the globe rose in the first quarter to
2023-05-17 23:18
US debt ceiling: New negotiators aim to break deadlock
President Joe Biden has cut short a foreign trip as both sides race to strike a deal before 1 June.
2023-05-17 22:50
How to protect your investments in the debt ceiling standoff
No one can say yet which day the US Treasury would no longer be able to pay all the bills of the United States in full and on time if lawmakers refuse to raise the debt limit.
2023-05-17 22:48
U.S. House Speaker McCarthy says he thinks U.S. will not default
WASHINGTON (Reuters) -House Speaker Kevin McCarthy on Wednesday said he believed the United States will not default on its debt
2023-05-17 20:17
Biden to continue debt talks later this week amid G7, White House says
WASHINGTON (Reuters) -U.S. President Joe Biden will continue talks with congressional leaders on the nation's debt limit later this week
2023-05-17 19:49
How the debt ceiling showdown could play into China's hands and weaken US global power
President Joe Biden's pledge to the world that "America is back" after a period of political turbulence is looking a little shaky after a debt showdown with Republicans forced him to shorten an Asia-Pacific trip designed to showcase US power amid a challenge from China.
2023-05-17 12:18