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Obama-appointed judge strikes down Biden's student debt-relief program

newsweek.com A three-judge panel of the U.S. Court of Appeals for the 5th Circuit has declined to put on hold a lower court's ruling that blocks the Biden administration student…

3 Cheap Energy Stocks to Buy Right Now

fool.com The energy industry has come to life in 2022 as investors have flocked to companies that generate revenue from making physical goods and extracting commodities. It hasn't…

3 Top Energy Stocks to Buy Right Now

fool.com Many investors had a rough go of it so far in 2022. Inflation and rising interest rates weighed on stocks, with the S&P 500 index down 17% year to date. But one industry is…

Student loans relief: 5th Circuit Court rejects Biden's latest plea to reinstate program

foxnews.com President Biden's student loan debt relief program, which seeks to forgive hundreds of billions of dollars owed by tens of millions of borrowers, was handed another loss…

Major CRV Trade on Aave Leaves Money Market With $1.6M in Bad Debt

thedefiant.io Trader Had Warned Aave of ‘Trading Strategy’ Last Month The Curve wars have become the Curve games. After warning of a trading strategy which could leave Aave with bad debt…

Feature or Flaw? Aave Left With $1.7M in Bad Debt

blockworks.co An unidentified trader, believed to be Mango Markets exploiter Avraham Eisenberg, accumulated a roughly 92 million token loan of CRV, the native token of Curve Finance, over…

Cost of living: Half of students in financial difficulty as prices soar

bbc.co.uk Half of students in England are facing money problems as the cost of living soars, an official survey suggests. More than three-quarters are also worried that soaring costs…

Fed hikes and a stronger dollar are fueling risks of political instability in Africa

cnbc.com In early November, the Fed implemented a fourth consecutive three-quarter point interest rate increase to take its short-term borrowing rate to its highest level since…

Federal appeals court denies Biden attempt to revive student debt relief plan

axios.com The Biden administration's request to halt a Texas judge's ruling blocking its student debt relief program was denied by a federal appeals court on Wednesday night. The big…

Analysis-Chinese developers' offshore creditors eye bargains; cautious on demand By Reuters

investing.com By Davide Barbuscia, Samuel Shen and Xie Yu NEW YORK/SHANGHAI/HONG KONG (Reuters) - Some offshore bondholders are scouting for bargains in China's cash-squeezed property…

Appeals Court Rules Against Biden’s Student Loan Forgiveness Plan

forbes.com Topline A federal appeals court ruled against the Biden Administration’s student loan forgiveness plan Wednesday, siding with a lower court that struck down the policy,…

Biden’s $400B bid to reinstate student debt relief plan rejected by court

watcher.guru Back in August, President Joe Biden announced the much-awaited plan to deliver on a campaign promise to provide $10,000 in student debt cancellation for millions of…

Valuation and Dividend Safety Analysis: Pfizer (PFE)

247wallst.com Pfizer (NYSE:PFE) is a well-known pharmaceutical company popular with dividend growth and income investors. The company has grown into one of the largest pharma companies.…

U.S. appeals court rejects Biden's bid to revive student debt plan By Reuters

investing.com By Nate Raymond (Reuters) - A federal appeals court on Wednesday declined to put on hold a Texas judge's ruling that said President Joe Biden's plan to cancel hundreds of…

Paying for the basics is pushing people into debt, charity says

bbc.co.uk People are slipping further into debt to pay for basics like rent and bills, Citizens Advice has warned. Half of the charity's debt assessment clients have a negative budget…

Debt, Rising Interest Rates Put Consumers and Businesses at Risk

bloomberg.com Debt, Rising Interest Rates Put Consumers and Businesses at Risk Bloomberg

To pay off $127,000 in debt faster, this couple moved in with a parent after their wedding and home prices will continue to rise in 2023, despite a cooling…

marketwatch.com Hi, MarketWatchers. Don’t miss these top stories. Gloomy prediction for home buyers: Prices will continue to rise in 2023, despite a cooling housing market Realtor.com’s…

IMF strategy chief heads to China, to focus on speeding up debt treatments By Reuters

investing.com By Andrea Shalal WASHINGTON (Reuters) - IMF strategy chief Ceyla Pazarbasioglu said on Wednesday she will travel to China next week for high-level meetings with senior…

Crypto Lenders' Woes Worsen as Bitcoin Miners Struggle to Repay Debt

bloomberg.com Crypto Lenders' Woes Worsen as Bitcoin Miners Struggle to Repay Debt Bloomberg

Brazil's risky debtors triple since 2019

investing.com By Marcela Ayres BRASILIA (Reuters) - Brazil's central bank said on Wednesday that 12.2% of borrowers from authorized financial institutions are in a "risky indebtedness"…

How the IMF & World Bank Exploit Poor Countries with Alex Gladstein

whatbitcoindid.com How the IMF & World Bank Exploit Poor Countries with Alex Gladstein Where to find the show SHOW DESCRIPTION Alex Gladstein is Chief Strategy Officer at the Human Rights…

Puerto Rico extends power contract amid outages, objections

apnews.com SAN JUAN, Puerto Rico (AP) — A heavily criticized private company that operates the transmission and distribution of power in Puerto Rico secured a last-minute extension on…

REUTERS NEXT: Hunger-struck Africa needs liquidity, debt relief

reuters.com Summary - Companies - Food insecurity has spiked amid pandemic, Ukraine war - Govts facing external economic shocks, mounting debt JOHANNESBURG, Nov 30 (Reuters) - African…

59% With Student Loans Will Struggle To Pay Them Off, Poll Finds, As Loan Forgiveness Hangs In Balance

forbes.com Topline A majority of federal student loan borrowers will struggle to afford payments when the moratorium on them lifts in June, a new Morning Consult poll reports, as…

BlackRock backs banks, cuts European, EM debt as part of "new playbook"

reuters.com LONDON, Nov 30 (Reuters) - Asset manager BlackRock has said 2023 will require a new investment playbook, backing banks and energy sectors to do well while slapping…

BlackRock backs banks, cuts European, EM debt as part of "new playbook" By Reuters

investing.com LONDON (Reuters) - Asset manager BlackRock (NYSE:BLK) has said 2023 will require a new investment playbook, backing banks and energy sectors to do well while slapping…

JPMorgan Is Among Banks Trying to Offload $417 Million of Debt for Betting Company 888

bloomberg.com JPMorgan Is Among Banks Trying to Offload $417 Million of Debt for Betting Company 888 Bloomberg

I Just Received a Hefty Inheritance. What Do I Do With The Money?

yahoo.com 2 Receiving an inheritance from a family member can create a large windfall of cash, and with it, new financial opportunities. What you do with the money will depend on the…

One Monetary Policy Fits All

zerohedge.com One Monetary Policy Fits All – Part II Authored by Michael Lebowitz via RealInvestmentAdvice.com, In Part one of this series, Our Currency The World’s Problem, we discuss…

Column: 'Moderates' like Mitt Romney are threatening Social Security. Democrats don't have to let them

latimes.com Column: ‘Moderates’ like Mitt Romney are threatening Social Security. Democrats don’t have to let them You may have thought that the drubbing Republicans received in the…

To pay off debt faster, this couple moved in with a parent after their wedding

marketwatch.com For Melissa and Sean Machoff, the path to paying off $127,000 of debt in the Bay Area led to Sean’s mom’s house. Moving in with her, and back to Sean’s childhood home,…

Berkshire Unit Sells $1.1 Billion in Rare 31-Year Green Bond

yahoo.com (Bloomberg) -- Power utility PacifiCorp sold $1.1 billion of environmentally-friendly bonds due in 2053, the longest maturity to be offered in the sustainable debt market…

Hope In High Yield: Compelling Income, Modest Defaults Beckon Tattered Investors

forbes.com Ben Warwick is the Chief Investment Officer at Denver-based Aveo Capital, and the author of Searching for Alpha. Fueled by higher rates and concerns about economic growth,…

Here’s what to do if a payment app reports your cash gifts to the IRS

washingtonpost.com I have a year-end tax tip for you: Be prepared to prove money you received via PayPal or any other payment app — to split a dinner check or as a cash gift for your wedding —…

Peter Morici: The neutral interest rate is 6%

marketwatch.com The Federal Reserve quickly raising interest rates has disrupted stock and bond markets and multiplying default risks for corporate and developing country debt. This too…

The Long Backstory to Britain’s Sudden Bond Blowup

washingtonpost.com Britain broke all the wrong records in 2022, with its currency tumbling to an all-time low, the biggest-ever spike in government bond yields and the shortest-serving leader…

Personal Finance Daily: Here are 7 tips to maximize your charitable donations on Giving Tuesday and can moving to a different neighborhood improve your…

marketwatch.com Hi, MarketWatchers. Don’t miss these top stories. Can moving to a different neighborhood improve your chances in life? Moving to a place with more opportunities might make…

3 Risks You Should Know Before You Buy SoFi's Stock

fool.com Investors initially boosted the stock of fintech bank SoFi Technologies (SOFI 2.47%) after its third-quarter 2022 results surpassed revenue and earnings estimates and the…

2 Stocks With More Than $1 Billion of Debt That Could Soar in 2023

fool.com When it comes to investing, there's certainly more than one way to skin a cat. Some investors go for growth companies that will outperform in their sectors, while others…

Daqo New Energy: The Stock Is Undervalued (NYSE:DQ)

seekingalpha.com Summary - The company’s polysilicon average selling price increased from $33.08/kg in 2Q 2022 to $36.44/kg in 3Q 2022. - Daqo’s polysilicon sales volume increased by 12% to…

TD And Royal Bank: Canada's About To Implode

seekingalpha.com Summary - While investors around the world have their eyes squarely on inflation, the global debt bubble looms in the shadows. - Canada's private debt has ballooned to…

REUTERS NEXT: Zambia pushing hard to restructure debt in Q1

investing.com JOHANNESBURG (Reuters) - Zambia is pushing hard to restructure its debt in the first quarter of next year, Finance Minister Situmbeko Musokotwane said in an interview at the…

Zambia pushing hard to restructure debt in Q1

reuters.com JOHANNESBURG, Nov 30 (Reuters) - Zambia is pushing hard to restructure its debt in the first quarter of next year, Finance Minister Situmbeko Musokotwane said in an…

Top Macro Fund That Shorted Everything Is Buying Emerging Debt

bloomberg.com Top Macro Fund That Shorted Everything Is Buying Emerging Debt Bloomberg

Saving vs. Investing: Which Route Should You Take?

fool.com Saving and investing are two related strategies for achieving financial security. To save or to invest, you must forgo spending now to build wealth for your future. The…

Global Debt: The Coming Financial Crisis?

youtube.com Global debt is rising at the fastest rate since World War Two. Our latest film, 'Global Debt, the coming crisis,' asks if banks and ...

A sleuth’s guide to the coming wave of corporate fraud

economist.com A sleuth’s guide to the coming wave of corporate fraud Mischief is cyclical—it is bred in good times and uncovered in bad times The bad news just keeps coming. Ten months…

Fosun’s big asset sale marks the end of an era in Chinese business

economist.com Fosun has sought to offer Chinese people a three-pronged lifestyle experience that targeted their “happiness, wealth and health”. Customers could look to it to manage their…

A reckoning has begun for corporate debt monsters

economist.com As rates rise, how messy will the squeeze on business get? When investment bankers agreed in January to underwrite the leveraged buy-out of Citrix, a software company, by a…

The European Commission wants to be in charge of new fiscal rules

economist.com The idea is simple enough. A group of 19 independent countries needs a few guardrails if they are to share a currency. Previous incarnations proved ineffective, and in part…

Europe’s plans for laxer spending rules shows German influence is waning

economist.com Europe’s plans for laxer spending rules shows German influence is waning Auf Wiedersehen, stability and growth pact There is no dog in hot dog, a koala bear ain’t no bear,…

The growing popularity of a strange form of debt diplomacy

economist.com The growing popularity of a strange form of debt diplomacy Why Saudi Arabia and the IMF may end up in a stand-off over Egypt Reality caught up with the Egyptian pound on…

Can Britain escape the “moron risk premium”?

economist.com Can Britain escape the “moron risk premium”? Parsing the bond market’s judgment of the government After a month of being exciting for all the wrong reasons, Britain’s bond…

Housing markets face a brutal squeeze

economist.com For two years during the covid-19 pandemic, home-sellers in Quakers Hill, a suburb in the farthest reaches of Sydney’s sprawling west, raked in fortunes. Some 60 or 70…

Emerging markets look unusually resilient

economist.com A welcome departure from previous rounds of tightening | Washington, DC The script is familiar. A Federal Reserve bent on taming inflation mercilessly raises rates. The…

Financial markets are in trouble. Where will the cracks appear?

economist.com Financial markets are in trouble. Where will the cracks appear? The first big test of a new-look financial system | New York It is hard not to feel a sense of foreboding. As…

The world enters a new era: Bail-outs for everyone!

economist.com Adapting work by James Hamilton at the University of California, San Diego, we have attempted to calculate the total implicit liabilities of the American federal…

China’s Ponzi-like property market is eroding faith in the government

economist.com China’s Ponzi-like property market is eroding faith in the government Its meltdown could scarcely come at a worse time for Xi Jinping | Shanghai The 120km train ride between…

Distressed-debt investors are preparing to pounce

economist.com Distressed-debt investors have waited a long time for conditions like these. Their approach was born in the aftermath of the 1980s leveraged-finance boom, but came of age…

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