US debt, deficit to reach WWII levels amid coronavirus, watchdog says - Business Insider
The US deficit will also soar, the Committee for a Responsible Federal Budget said, with the total quadrupling in 2020 on coronavirus aid spending.
Fitch list of highest-risk energy bonds, risk of 'imminent default' - Business Insider
Nearly half of Fitch's "top bonds of concern" are oil and gas companies, which have been hammered by the collapse in demand for crude oil.
If the economy is good, why do so many big American companies look so unstable？ - Business Insider
OPINION: Half of corporate investment-grade bonds are one notch above junk, and a lack of investment in productivity could be to blame.
Next recession: Jeff Gundlach, other experts warn on corporate credit - Business Insider
"That's why you should be playing defense right now," says Doubline Capital CEO and renowned "Bond King" Jeffrey Gundlach.
The 9 US cities where people are mostly likely to max out their credit cards - Business Insider
Bridgeport, Connecticut has the most residents dealing with credit card debt, followed by New York City and Virginia Beach, Virginia.
The CEO of Fidelity gives new investors the same money advice she got as a kid
Fidelity CEO Abigail Johnson told the Wall Street Journal that she was taught to be careful with debt and always plan for the long term.
Even 40-something Americans who know they should be saving more for retirement are too mired in debt to do it
A Schwab Retirement Plan Services survey of 401(k) plan participants found that the typical Gen Xer thinks they'll need $1.8 million for retirement.
The 7 best ways to get out of debt starting today, according to financial planners
By budgeting, consolidating, and prioritizing, getting out of debt is possible with the resources you already have.
Retirement, money-saving tips from top-rated millennial wealth manager
Sara Rajo-Miller, who manages $450 million was named one of Forbes' top next-generation wealth managers, told
Baby boomers are worth more than ever, but millennials are still lagging behind — and the reason why is clear
Today's baby boomers are slightly wealthier than people in their 50s and 60s were 20 years ago, while millennials are less wealthy.
A recent survey found that a third of wedding party members go into debt for their friends' weddings
Being in a wedding party can cost a few thousand dollars and possibly the relationship with the bride, according to a CompareCards survey.
Companies are stockpiling debt for all the wrong reasons
Corporate debt is the concern du jour on Wall Street. But how companies are using the debt may be an overlooked problem for the economy.
People are fleeing the US to keep from paying off their student loans
Some students are fleeing the US for countries such as India and Japan to keep from paying student loans.
Nothing Elon Musk has done has stopped the bleeding at Tesla — and things look like they're going to get worse
Tesla is doing everything it can to stop bleeding, but right now Wall Street couldn't care less.
Republicans love Alexandria Ocasio-Cortez's plan to cap interest rates
Overall, about 68% of respondents said they either support or strongly support the plan the Loan Shark Prevention Act.
Next recession: Gundlach explains problems with corporate bond market
"The corporate-bond market will really have problems when you see negative GDP," Gundlach said.
Vice Media reportedly raises $250 million as part of turnaround effort
The investment was led by 23 Capital and it includes Soros Fund Management LLC, the Wall Street Journal reported.
Stock market picks: Goldman's 'unusual' strategy for debt issuers
Companies racking up more debt are outperforming those reducing their debt. Goldman explains why, and the companies benefitting form this trend.
Your credit score isn't the only number lenders use to decide if you're trustworthy
Lenders look at debt-to-income ratio — monthly debt payments divided by monthly gross income — to decide whether a borrower can afford another loan.
The world's record-shattering debt load was the talk of Davos. Here's what the biggest experts from around the globe had to say.
The world's record debt burden was a hot-button topic at Davos. This is what six experts from across the globe had to say about it.
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