Mamdani’s tax-&-spend plans leave NYC bond investors leery
At the start of his term in January, Mayor Mamdani had the Big Apple’s lenders in his corner — despite ...
Tag: Debt
Why Zohran Mamdani’s commie compulsions aren’t causing bond investors to panic
The municipal bond market isn’t panicking over Zohran Mamdani — and it’s a bet by investors that his pricey socialist ...
Trump admin restricts student loan forgiveness for some public servants
After recently restarting student debt cancellation, the Trump administration has announced a rule tweak that will limit eligibility for loan ...
Venmo, PayPal users can help US government pay down $36.7T debt
The US Treasury Department is now accepting Venmo and PayPal payments from those who want to donate money to reduce ...
Federal judge reverses rule that would have removed medical debt from credit reports
A federal judge in Texas removed a Biden-era finalized ruled by the Consumer Financial Protection Bureau that would have removed medical debt from credit ...
Stalled ‘beautiful’ bill drains nation’s rainy-day fund
Congress’ dithering over President Trump’s “Big Beautiful Bill” has the potential to make life difficult in the coming months – ...
US may hit new debt limit by Jan. 14, Treasury Secretary Janet Yellen warns Congress
The Treasury Department may need to take “extraordinary measures” by as early as Jan. 14 to prevent the US from ...
Millennials rely on credit cards at record rate during 2024 holiday season: study
Millennials are relying on their credit cards more than ever as they face their most financially challenging holiday season yet, ...
Basic Fun toy company emerges from bankruptcy ahead of holidays
The CEO of the company that makes Tonka Trucks and Care Bears successfully exited a four-month stint in bankruptcy court ...
Unpaid NYC property taxes to hit record $880M: ‘no consequences’
New York City officials are forecasting overdue property taxes will surge to a record $880 million in the current fiscal ...
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