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Business Insider

Emerging markets are about to suffer the consequences of dollar-denominated debt binges
Business Insider
Emerging markets have engaged in a vicious cycle kicked off by cheap debt. But as the dollar rises, that debt is suddenly not so cheap. Through 2025, emerging market governments and companies face $2.7 trillion in dollar-denominated bonds and loans.

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USA TODAY

Family budget: 3 simple things anyone can do to stay out of debt
USA TODAY
With a swipe here and a swipe there, it can be easy to live your life on plastic and pile up debt. You're not alone: U.S. households carried credit card balances that totaled $815 billion in debt in the first quarter of 2018, according to the Federal ...
Total Household Debt Rises for 15th Straight Quarter, Led by Mortgages, Student Loans - FEDERAL RESERVE BANK ...Federal Reserve Bank of New York
Live Debt-Free - NerdWalletNerdWallet

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New York Times

Why Turkey's Crisis Feels Familiar for Emerging Markets: It's the Debt
New York Times
Today, many of the malls are empty, property developers in China are riddled with debt, and Argentina has just submitted to a bailout from the International Monetary Fund. Now, the borrowing binge that fueled rapid growth in emerging markets and piled ...
ANALYSIS: Turkey's currency and debt crisis has been years in the makingMiddle East Eye

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USA TODAY

Millions of americans are swimming in debt but can't stop spending
USA TODAY
Millions of americans are swimming in debt but can't stop spending. CLOSE. A recent study from finance company Northwestern Mutual shows the average American now has $38,000 in debt, not including mortgages. Buzz60's Sean Dowling has more. Buzz60.



Debt forces hunt for Lincoln-item auctioneers
Minneapolis Star Tribune
SPRINGFIELD, Ill. — The hunt for auctioneers to settle a $9.7 million debt by selling off parts of a valuable collection of Lincoln artifacts, including an iconic stovepipe hat and gloves bloodied the night he was assassinated, began Wednesday, but ...

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DSNews.com

Why Debt Reduction is a Top Priority for Americans
DSNews.com
The report found that a little more than half of Americans cited debt reduction as their top 2018 financial priority. That might have to do with the fact that, according to Northwest Mutual, average personal debt (exclusive of home mortgages and among ...

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INSIDER

6 genius tips from a couple who paid off $330000 of debt in 5 years
INSIDER
After getting rid of that debt, however, the McNeelys had a goal in mind that would bring them back too square one: buying a house. By being super organized, turning their hobbies into side hustles, and using 13 bank accounts, the McNeelys bought their ...

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Banker & Tradesman

Households in best position to handle debt in nearly 16 years
MarketWatch
The debt burden of U.S. households is the smallest it's been in nearly 16 years. Household debt — including mortgages, credit cards, auto loans, student loans and other credit — grew for the 16th consecutive quarter in the April-to-June period ...
US Household Debt Hits New Highs in Q2Banker & Tradesman
Stats on consumer debt collection aren't as rosy as they lookAmerican Banker
US Household Debt Jumps to $13.3 Trillion While Student Loan Delinquencies DipBloomberg
Reuters -Bond Buyer -HousingWire
all 47 news articles »


Bloomberg

BMO, Ontario Teachers' Test Canadian Debt Issuance on Blockchain
Bloomberg
JPMorgan Chase & Co. and National Bank of Canada tested a U.S. debt deal over blockchain in April in what was heralded as a North American first. National Bank sold $150 million of one-year floating rate certificates of deposit and mirrored the sale ...
Bank of Montreal, Teachers' Pension Fund Trial Canadian Dollar ...Cointelegraph

all 43 news articles »


CNBC

'Crazy Rich Asians' star Constance Wu was 'tens of thousands of dollars in debt' before getting her big break
CNBC
It was after she moved to L.A. to further her career in 2010. "I was really broke," Wu, 36, told Vulture interview. "I was in tens of thousands of dollars in debt: credit card. Car. Personal. Student loans. I paid for my college all myself. I didn't ...

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