debt

Debt is an obligation that requires one party, the debtor, to pay money or other agreed-upon value to another party, the creditor. Debt is a deferred payment, or series of payments, which differentiates it from an immediate purchase.

Source: en.wikipedia.org

JPMorgan Forecasts Rising Interest Income Despite Economic Uncertainty
JPMorgan Forecasts Rising Interest Income Despite Economic Uncertainty
May 19, 2025  |  Banking

America’s biggest bank says businesses and consumers are resilient in the face of uncertainty. Get the Full Story Complete the form to unlock this article...

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Fed Data Shows Credit Card Balances Decline in Q1, but 90-Day Delinquencies Surge
Fed Data Shows Credit Card Balances Decline in Q1, but 90-Day Delinquencies Surge
May 13, 2025  |  Debt

The latest data on household debt from the Federal Reserve Bank of New York, released Tuesday (May 13), indicated that consumers paid down some of...

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Tame April Inflation Report May Be Calm Before the Tariff Price Hike Storm
Tame April Inflation Report May Be Calm Before the Tariff Price Hike Storm
May 09, 2025  |  Economy

On Tuesday (May 13), we may see what could arguably be the calm before a stormy sea of inflation driven by volatile tariffs. Get the...

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Saks Says Plan to Pay Past-Due Bills Improved Vendor Relationships
Saks Says Plan to Pay Past-Due Bills Improved Vendor Relationships
April 28, 2025  |  Retail

Saks Global Enterprises reportedly told creditors that it has improved its relationships with vendors and built up its inventory since implementing a plan in February...

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Fed Stability Report Warns About Risks From Private Credit and Stablecoins
Fed Stability Report Warns About Risks From Private Credit and Stablecoins
April 28, 2025  |  Economy

Trade and tariffs may be the dominant risks to banks and corporates, but in the Federal Reserve’s latest “Financial Stability Report,” nonbank firms, leveraged debt...

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IMF Says Tariffs Could Drive Up Global Public Debt
IMF Says Tariffs Could Drive Up Global Public Debt
April 23, 2025  |  Economy

The International Monetary Fund (IMF) said Wednesday (April 23) that the world’s governments should not let their support for those impacted by tariffs add to their...

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FTC Adds Defendants in Case Alleging Unlawful Debt Relief Operation
FTC Adds Defendants in Case Alleging Unlawful Debt Relief Operation
March 28, 2025  |  Legal

The Federal Trade Commission (FTC) has added more defendants in its case against student loan debt relief operation Superior Servicing and its operator, Dennise Merdjanian. Get the Full Story...

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Affirm’s Levchin Sees Company Becoming the American Express of Buy Now, Pay Later
Affirm’s Levchin Sees Company Becoming the American Express of Buy Now, Pay Later
March 27, 2025  |  Buy Now Pay Later

The lure of paying over time lies with the predictability of the repayment. Get the Full Story Complete the form to unlock this article and...

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CBO Says Debt Limit Change Probably Needed by August or September
CBO Says Debt Limit Change Probably Needed by August or September
March 26, 2025  |  Debt

The Congressional Budget Office (CBO) said Wednesday (March 26) that if the debt limit is not raised or suspended, the government’s ability to borrow will...

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