For the Markets It S Not Just the Debt Ceiling
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Rents just surged 10% in this affordable housing market. It was ‘bound to happen,’ one economist says.
Renters are swapping high-cost cities with expensive rentals for more affordable markets, a Redfin report found.MarketWatch - Business -
The sudden revival of GameStop mania comes just as the U.S. financial industry is racing to fix a big problem with the market's plumbing that roiled investors during the original meme-stock craze in 2021.
The sudden revival of GameStop mania comes just as the U.S. financial industry is racing to fix a big problem with the market’s plumbing that roiled investors during the original meme-stock craze in 2021.The Wall Street Journal - World -
Your Money: Managing Your Debt
How to make a plan for tackling your debt, improving your credit score and feel like the money you owe isn’t controlling you.The New York Times - Top stories -
Janet Yellen's Risky Debt-Management Business
Her overreliance on short-term borrowing sets taxpayers up for a painful economic reckoning.The Wall Street Journal - World -
Gen Z knows it has a debt problem — and it’s getting help
“Instead of suffering in silence or going purely self-help,” younger people in debt “are looking into their options and talking to people,” one expert said.MarketWatch - Business -
High debt levels put Europe at risk of ‘adverse shocks’, ECB warns
‘Fiscal slippage’ leaves countries vulnerable to geopolitical tensions and higher interest rates, says central bankFinancial Times - World -
House Republicans pick funding totals, undercutting debt limit deal
Politico - Politics - Republican Party -
CoreWeave Raises $7.5 Billion in Debt for AI Computing Push
The deal is one of the largest-ever private debt financings.The Wall Street Journal - Tech -
Why Georgia just branded me a ‘foreign agent’
If you want a glimpse of what might be in store for Ukraine if Putin prevails there, look at the protests and civil strife in Georgia.The Hill - Politics -
The Dow just hit 40,000. Here's a look at how it got here.
The Dow Jones Industrial Average reached a milestone Thursday that seemed unfathomable a year ago.NBC News - Top stories -
Did Billie Eilish just jump into the race for song of the summer?
Pop superstar Billie Eilish's new album 'Hit Me Hard and Soft' is due Thursday night. One breezy track already feels like a hit.Los Angeles Times - Entertainment -
Grant's Take: Retail Sales Don't Point to Rate Cut Just Yet
Walmart earnings give a different signal than what the latest Commerce Department data delivered.The Wall Street Journal - World -
Red and Blue America Can't Just Go Their Separate Ways
Every state is basically purple, so we have to figure out how to avoid letting politics define us as Americans, writes Bill Maher.The Wall Street Journal - World -
GTA Parent Company Explains Why It Just Canceled Games
Take-Two president Karl Slatoff has discussed the company's recent decision to cancel games as part of a wider restructuring effort that also included layoffs. . During an earnings briefing, Slatoff observed that, across the video game industry, ...GameSpot - Tech -
Average consumer carries $6,218 in credit card debt, as more borrowers are falling behind on their payments
Americans are increasingly falling behind on their credit card payments, recent reports show.CNBC - Business -
Refinancing student debt is risky amid Biden forgiveness push. Borrowers 'forever lose access' to safety nets, advocates say
As protections and relief options for federal student loan borrowers grow, refinancing your debt may be a risky move, consumer advocates say.CNBC - Business - Joe Biden -
AI infrastructure startup CoreWeave raises $7.5 billion in debt deal led by Blackstone
CoreWeave's $7.5 billion debt financing follows a $1.1 billion funding round the startup announced two weeks ago.CNBC - Business -
‘The stress is killing me’: I’m 73 and crumbling under $200,000 in debt — and I have no savings. Can anyone help me?
“I’m current with all my bills but barely make minimum payments.”MarketWatch - Business -
When Form(s) Follows Function
Since 2009, the creators at Forms have been making unusual and sculptural pieces. The latest inspiration? A Japanese shakudo buckle.The New York Times - Lifestyle -
The Winners and Losers of the N.F.L.’s Schedule Reveal
In his rookie season, Chicago Bears quarterback Caleb Williams will have every opportunity to thrive.The New York Times - Sports - NFL -
A Massive Media Decision Could Be in M.L.B.’s Future
Teams have always controlled their local broadcast rights. Some owners want to change that.The New York Times - Sports -
Basic Materials Roundup: Market Talk
Read about BHP and Anglo American, Petronas Chemicals and more in the latest Market Talks covering Basic Materials.The Wall Street Journal - World -
Financial Services Roundup: Market Talk
Read about Robinhood Markets, Canadian household borrowing, Allianz and more in the latest Market Talks covering Financial Services.The Wall Street Journal - World