Touchdown: No one was able to catch Noah Fant of the Broncos last October in Denver. (Photo by Dustin Bradford/Getty Images) Getty Images In a 32-0 vote Tuesday, the NFL approved the $4.65 billion pur...
Tag: Debt
Don’t be fooled by a drop in U.S. headline inflation. Markets will be attuned to another figure on Wednesday.
Traders, investors and economists are all counting on Wednesday’s consumer-price index report to show a decline in the annual headline U.S. inflation rate for July. But there’s another figure buried i...
Why the S&P 500’s ‘bounce within a bear market’ could fizzle before it hits 4,200
Add another voice to the growing chorus of naysayers about the staying power of the recent rally in U.S. equities. The stock market’s rally since the Federal Reserve’s last jumbo rate hike in late Jul...
Stock-market investors wrestle with ‘boomflation’ after hot July jobs report
The worry instead turned to what a rip-roaring labor market and surging costs for everything means for stocks and bond portfolios, particularly if it turns into a mix of higher growth and inflation wi...
Argo Blockchain continues selling Bitcoin to pay off Galaxy Digital debt
Argo Blockchain, a cryptocurrency mining company, has continued to sell its Bitcoin holdings to repay the debt owed to Galaxy Digital, a cryptocurrency investment company owned by Michael Novogratz. A...
Argo Blockchain keeps cashing out BTC to pay the debt to Galaxy Digital
Cryptocurrency mining firm Argo Blockchain continues to sell its Bitcoin (BTC) holdings to cut its debt to Michael Novogratz’s crypto investment firm Galaxy Digital. Argo sold another 887 Bitcoin in J...
What ‘Dr. Doom’ Says About Today’s Stock Market
For some of us of a certain age, an event from four decades ago often is recalled more vividly than what happened four weeks or even four days ago. Such is the case with Aug. 17, 1982. It arguably mar...
Why an Arkansas town could provide a grim road map for America if car repos blow up
As recession worries loom over America, a debt crisis already bearing down on wage workers in northwest Arkansas could foreshadow bigger problem for a nation on high alert for a flood of car repossess...
Zipmex gradually resuming Z Wallet withdrawals, says debt moratorium is not bankruptcy
Crypto exchange Zipmex, which operates in Thailand, Indonesia, Singapore and Australia, released a statement this week denying reports that it has filed for bankruptcy and announcing its progress in r...
Occidental Petroleum Tops Profit Estimates, Pays Down Debt
Text size Occidental stock has doubled this year and is the top performer in the S&P 500, Callaghan O’Hare/Bloomberg Warren Buffett probably liked Occidental Petroleum ’s second-quarter earn...
American Household Debt Hits Record $16.2 Trillion As Mortgages, Credit Card Spending Swell—Delinquencies Creep Up
Topline Bolstered by higher interest rates and inflation, total household debt rose to a record $16.2 trillion last quarter as credit card spending posted the biggest yearly spike in more than 20 year...
Household debt tops $16 trillion as inflation surges and rates rise
A “For Sale” sign outside a house in Albany, California, US, on Tuesday, May 31, 2022. Homebuyers are facing a worsening affordability situation with mortgage rates hovering around the hig...
Apple is again borrowing in the debt market to raise money to reward shareholders
Apple Inc. AAPL, -0.62% is again planning to issue debt to reward its shareholders by buying back its own shares and paying dividends, according to a regulatory filing. The iPhone maker is planning a ...
Dragonfly Capital leads $3.5 million seed round for Debt DAO
Crypto-focused investment firm Dragonfly Capital led a $3.5 million seed round for crypto credit protocol Debt DAO, according to a press released shared with The Block. Debt DAO provides revenue-based...
Dragonfly Capital Completes $3.5M Seed Round Funding For Debt DAO
Dragonfly Capital completed a $3.5 million seed round for crypto credit protocol Debt DAO, according to a press release. The crypto-focused investment firm was joined by GSR, Numeus and Fasanara Capit...
With the student loan payment pause about to expire, what will Biden decide about student loan debt? It’s complicated
With the student loan payment pause about to expire, what will Biden decide about student loan debt? It’s complicated The swirling debate over student loan forgiveness could soon reach a turning...
U.S. inflation surges again and stays at 40-year high, key price gauge shows
The numbers: A key gauge of U.S. inflation rose a sharp 1% in June, led by higher fuel prices, in a sign that price pressures in the economy are still intense and unlikely to relent quickly. The incre...
When will the Fed stop raising interest rates? The ‘terminal rate’ may still be far off
The U.S. economy is somewhere in the middle of the Federal Reserve’s interest rate hiking saga to tame inflation, but people already want to know where the story ends. That’s what’s getting discussed ...
Have retirement savers been fooled by the bull market?
Today in Weird Retirement News: 75% of those currently saving through a workplace plan, such as a 401(k), are apparently expecting to make it through their entire golden years without even having to t...
15 quality dividend stocks that you can buy on sale right now
John Buckingham, editor of the Prudent Speculator newsletter, paraphrases Warren Buffett when he says “whether it is socks or stocks, we like to buy quality merchandise that is marked down.” And 2022 ...
El Salvador seeks to buy back $1.6B of debt to quell default fears
Amid falling Bitcoin (BTC) prices and rising fears of El Salvador defaulting on its debt, the Central American country is attempting to buy back $1.6 billion of its sovereign bonds. El Salvador Presid...
El Salvador Allays Default Fears by Announcing Sovereign Debt Buyback
While the rest of the world’s government grapples with grim macroeconomic conditions, El Salvador is bucking the trend and has announced it has enough cash to pay its debts before they mature. As 2023...
Here’s what Bill Ackman says Powell should tell traders about Fed rate-hike plans
“‘Tomorrow, Powell is likely to be asked: “Market pricing implies that the terminal FF rate will peak at 3.4% in 12/22 immediately declining thereafter to 2.7% by YE ‘23. What factors would cause the ...
Roger Ver’s Debt Part of the Reason for CoinFLEX’s Collapse: Report
After CoinFLEX made headlines with “Bitcoin Jesus” Roger Ver over a dispute over Ver purportedly failing to pay $47 million in margin calls, Wu Blockchain disclosed more details regarding the collapse...
Understanding The True Burden Of Debt To Your Financial Freedom
getty Far too many people aren’t set up for retirement. There are a number of reasons that contribute to this, but one of the leading obstacles to achieving financial freedom is, unsurprisingly, debt....
The Stock Market Is Entering Its Weakest Months. What to Watch Out For.
Text size Russia restarted natural-gas flows to Western Europe through Nord Stream 1, but President Vladimir Putin can shut it down again. Olga Maltseva/AFP/Getty Images Bad news on the economy was go...
Will the Federal Reserve kill the stock-market bounce?
A summer rebound is stirring hopes the bear market in U.S. stocks has seen its lows, but a meeting of Federal Reserve policy makers this coming week might test the nerves of would-be bulls. “I expect ...
AMC takes aim at massive debt burden with ‘APE’ special dividend
AMC Entertainment Holdings Inc. took Wall Street by surprise with the announcement of its “APE” special dividend after market close on Thursday. This, of course, is a company that is no stranger to bo...