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 ...
Tag: Debt
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 ...
NYC building sales slump despite plummeting prices because of crippling regulations, high interest rates
The value of city buildings is sinking under the weight of high interest rates, crippling regulations and large vacancies caused ...
Nearly 9 million student loan borrowers defaulting on payments
Nearly 9 million student loan borrowers haven’t been paying their bills since payments resumed in October — despite President Joe ...
Bed Bath & Beyond to file bankruptcy within days due to financial struggles
Bed Bath & Beyond Inc. is getting ready to file for bankruptcy as early as this weekend, as the embattled ...
Dave Ramsey show clip of young couple with $1M debt goes viral
A video depicting a young woman calling into financial adviser Dave Ramsey’s radio show asking for help trying to pay off ...
Holiday-related debt soars to an eight-year high of $1,550
Shoppers didn’t let decades-high inflation prevent them from charging up their credit cards this holiday season, a new debt survey ...
Sherry-Lehmann owners in NYC drank wines while clients waited
Sherry-Lehmann’s owners have allegedly treated New York’s premier wine shop like their own personal booze stash — helping themselves to ...
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