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Wall Street Journal

Debt Offer Tests Appetite for Low-Rated Companies
Wall Street Journal
One of the largest-ever sales of speculative-grade debt is set to be completed Tuesday, underscoring the favorable environment for U.S. borrowers at a time of robust economic growth and strong demand from investors. The $13.5 billion sale—which a ...

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Vox

I was a luxury fashion reporter $100000 in debt
Vox
By the time I moved to New York a few years later, after landing my first journalism job reporting on luxury fashion, my debt situation had improved only marginally. To afford the move to New York from Chicago, I maxed out a credit card and sold half ...



CNBC

Countries need to 'invest well' to avoid debt burdens, says China-led bank
CNBC
Emerging economies must undertake "good project analysis" before taking on debt to fund infrastructure upgrades, according to the Asian Infrastructure Investment Bank (AIIB). "The capacity to take on debt to invest allows countries to grow faster, but ...



Washington Post

'I support higher taxes': The billionaire behind the National Debt Clock has had it with Trump
Washington Post
When U.S. government debt topped a trillion dollars for the first time in the early 1980s, the late New York real estate magnate Seymour Durst sent every member of Congress a holiday card that said: “Happy New Year! Your share of the federal debt is $5 ...

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CBS News

3 generations share 1 problem: Student debt
CBS News
It is the massive -- and growing -- financial burden weighing on three generations in the U.S.: student debt. Up to 40 percent of Americans have had to put off financial and personal goals in order to repay their college loans, data show. According to ...



Forbes

The US Cities Where Millennials Have The Highest Levels Of Debt [Infographic]
Forbes
It's a well-known fact that urban millennials across the U.S. are ridden with debt. A new LendingTree study has shown just how bad the situation has become for young Americans with the median debt balance for millennials living in the country's 50 ...



Waterloo Cedar Falls Courier

Soaring global debt raises plenty of red flags
Waterloo Cedar Falls Courier
Now it's China, which has tripled its $10 trillion in debt in 2009 to $30 trillion today, according to McKinsey. Bloomberg News reported that hedge fund billionaire Kyle Bass, who profited off the subprime lending crisis, told his investors that China ...



Education Dept. Blocked From Canceling Debt Collection Contracts
Inside Higher Ed
The decision to drop the debt collectors was part of a broader overhaul of loan servicing pursued by the Office of Federal Student Aid. But Judge Thomas Wheeler of the U.S. Court of Federal Claims found that the department's justification for canceling ...



Washington Post

India Rues Its Own Belt-and-Road Debt Fiasco
Washington Post
There's a lot of scrutiny now of those energy and transportation projects, and a growing discomfort that Beijing may be ensnaring developing countries in a debt trap. So it's remarkable that India – itself a vocal critic of belt-and-road – allowed a ...
As Debt Woes Spread, India's IL&FS Ratings Cut to Lowest LevelsBloomberg

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Quartz

No, China is not taking over Zambia's national electricity supplier. Not yet, anyway.
Quartz
The slogan is an idealistic take on the increasingly tenuous relationship between the Asian giant and the landlocked African country, which has now become test for China in Africa after it seemed that Zambia's rising debt would lead to Chinese control ...

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