High Stakes Debt Showdown
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Companies Trim Debt, Faced With High Rates
The current high interest rates have pushed up the cost of borrowing for most companies, forcing them to tackle their debts, analysts said.The Wall Street Journal - World -
Companies Trim Debt, Faced With High Rates
The current high interest rates have pushed up the cost of borrowing for most companies, forcing them to tackle their debts, analysts said.The Wall Street Journal - Business -
What types of debt can debt relief help with?
Debt relief may not help with all types of debt. Find out what types of debt most debt relief services help with.CBS News - Top stories -
PG&E Nears Deal With KKR for Stake in Power Business Spinoff
The California utility is seeking regulatory approval to sell KKR part of a new company that would house most of its power generation business.The Wall Street Journal - World -
PG&E Nears Deal With KKR for Stake in Power Business Spinoff
The California utility is seeking regulatory approval to sell KKR part of a new company that would house most of its power generation business.The Wall Street Journal - Business -
PG&E Seeks Approval to Sell Stake in Its Power Operations
California’s largest utility said its proposed deal with the global investment firm KKR could reduce customer rates by $100 million over 20 years.The New York Times - Business -
Using debt to finance government spending is not a free lunch
Government debt can be a valuable tool — but it has consequences.MarketWatch - Business -
The Marijuana Industry Hopes for New Highs
The Justice Department’s recommendation that restrictions on marijuana be lifted have revived expectations for a business that has waited years for such a change.The New York Times - Business -
Canelo Alvarez vs. Jaime Munguia fight: Top storylines to watch during Cinco de Mayo weekend showdown
The undisputed super middleweight champion is taking on his fellow countryman in a holiday celebrationCBS Sports - Sports -
Canelo Álvarez vs. Jaime Munguía: Keys to victory, prediction, what to expect in Mexican showdown
It's an all-Mexican showdown of youth vs. experience on Cinco De Mayo weekend for all the marbles.Yahoo Sports - Sports -
Canelo Alvarez vs. Jaime Munguia: Three paths to victory for the underdog in the all-Mexican showdown
Munguia is the young fighter on the rise in this matchup, but he's facing arguably the biggest and best name in the sportCBS Sports - Sports -
PG&E is nearing a deal to sell a multibillion-dollar stake in its power plants to KKR.
PG&E is nearing a deal to sell a multibillion-dollar stake in its power plants to KKR.The Wall Street Journal - World -
Black Entrepreneurs, Frustrated by High Rates, Look to the Election
In the battleground state of Georgia, some Black entrepreneurs are frustrated over the impact of higher interest rates, a source of economic anxiety.The New York Times - Top stories -
Home prices reach record highs again in February
Home prices in February increased by 6.4 percent year-over-year, according to the S&P CoreLogic Case-Shiller national home price index, released Tuesday. In January, home prices jumped by 6 percent year over year, according to the index, the ...The Hill - Politics -
Black Entrepreneurs, Frustrated by High Rates, Look to the Election
In the battleground state of Georgia, some Black entrepreneurs are frustrated over the impact of higher interest rates, a source of economic anxiety.The New York Times - Business -
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UK inflation: From too high, to too low?
Time to ease the squeezeFinancial Times - World - United Kingdom -
Dutch city pilots radical debt cancellation scheme for poor families
Councillor in Arnhem says existing system to resolve issues caused by debt costs billions and isn’t working. The Dutch city of Arnhem is going to cancel the debts of some of the poorest families in the Netherlands in an attempt to break a ...The Guardian - World - Netherlands -
Blue-green algae get a bad press – but we owe a debt of gratitude
While some cyanobacteria are among the deadliest organisms in the world, others help us flourish. Blue-green algae, or cyanobacteria, come in many forms and have generally got a bad press, mainly because five of the 2,000 identified species can ...The Guardian - World -
Biden forgives more than $6B in student debt for 317K defrauded borrowers
The Biden administration announced Wednesday it would be forgiving $6 billion in student debt for borrowers who attended the Arts Institutes. The 317,000 borrowers will receive the relief after it was discovered the school “falsified data, ...The Hill - Politics - Joe Biden -
Biden Cancels $6.1 Billion in Debt for Former Art Institute Students
The announcement covers 317,000 former students and marks another step in the administration’s student loan relief efforts.The New York Times - Business - Joe Biden -
Biden is forgiving $6.1 billion in student debt for 317,000 people
The Biden administration said it's erasing debt for people who attended the for-profit Art Institutes, which shut down in September.CBS News - Politics - Joe Biden -
Biden is forgiving $6.1 billion in student debt for 317,000 people
The Biden administration said it's erasing debt for people who attended the for-profit Art Institutes, which shut down in September.CBS News - Top stories - Joe Biden -
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What the Fed's interest rate pause means for your credit card debt
The Federal Reserve kept its federal funds rate unchanged. Here's what that means for your credit card debt.CBS News - Top stories -
Fantasy Baseball Trade Analyzer: Buy low/high and sell low/high candidates as we flip to May
With the calendar turning to May, fantasy baseball analyst Fred Zinkie offers some trading tips to managers looking to shake things up.Yahoo Sports - Sports -
Werner Spitz, Forensic Expert in High-Profile Murders, Dies at 97
He figured in the examination of sensational cases involving President John F. Kennedy, Martin Luther King Jr., O.J. Simpson and others.The New York Times - Top stories -
High Fed Rates Are Not Crushing Growth. Wealthier People Help Explain Why.
High rates usually pull down asset prices and hurt the housing market. Those channels are muted now, possibly making policy slower to work.The New York Times - Business - Federal Reserve -
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Werner Spitz, ‘Medical Detective’ in High-Profile Murders, Dies at 97
He figured in the examination of sensational cases involving President John F. Kennedy, Martin Luther King Jr., O.J. Simpson and others.The New York Times - Science -
Corn to Power Airplanes? Biden Administration Sets a High Bar.
Producers of biofuels like ethanol, which could help create a new generation of jet fuel, would have to overhaul their practices to receive tax credits.The New York Times - Top stories - Joe Biden -
Michelle Obama surprises high school students in DC on College Signing Day
Former First Lady Michelle Obama surprised high school students from Washington, D.C., Maryland and Virginia to celebrate College Signing Day and their decision to pursue higher education. “Look, on a day when so much is about looking ahead, I ...The Hill - Politics -
Treasury yields end at lowest levels in at least a week after Fed’s Powell sees unlikely chance of a rate hike
Yields on U.S. government debt finished at their lowest levels in a week or more on Wednesday, after Federal Reserve Chair Jerome Powell delivered comments seen as more dovish comments than what was implied by the central bank’s own policy statement.MarketWatch - Business -
The limits of what high interest rates can now achieve
We need to be realistic about what monetary policy can and cannot doFinancial Times - World -
The limits of what high interest rates can now achieve
We need to be realistic about what monetary policy can and cannot doFinancial Times - Business -
Biden administration to cancel $6.1 billion in student debt for borrowers who were scammed by single school
The Department of Education is cancelling $6.1 billion worth of student debt for 317,000 borrowers who were scammed by their school, officials announced Wednesday.MarketWatch - Business - Joe Biden -
Biden administration forgives $6.1 billion in student debt for 317,000 former Art Institute students
The Biden administration announced that it would forgive more than $6.1 billion in student debt for 317,000 former students of the Art Institutes.CNBC - Business - Joe Biden -
The Fed would only cut rates to help the U.S. service its soaring debt, fund manager says
The reason the Fed may be tempted to cut rates would be to help the U.S. cover interest payments on the national debt, according to fund manager Freddie Lait.CNBC - Business -
Eli Lilly assures investors it can overcome the high-quality problem of too much demand
The world's most valuable drugmaker hiked its full-year sales and profit guidance, despite missing lighter-than-expected first-quarter revenue.CNBC - Business -
NBA offseason: What is the CBA’s second apron? And how does it limit high-spending teams?
The second apron is a new, additional threshold, slated as roughly $11 million ($190 million total) above the first apron for the 2024-25 league season. It will handicap team decision-makers more than ever before.Yahoo Sports - Sports - NBA