Posts Tagged ‘debt’

Stock futures off as sovereign debt worries nag

Stock futures off as sovereign debt worries nag
Stock index futures were lower on Monday as nagging worries about euro zone sovereign debt continued to weigh on sentiment.

Read more on Reuters via Yahoo! News

Treasuries Drop as U.S. Prepares to Sell $81 Billion of Debt

Treasuries Drop as U.S. Prepares to Sell $81 Billion of Debt
Feb. 8 (Bloomberg) — Treasuries fell for the first time in three days as U.S. stock futures rose and the government prepared to sell a record-tying $81 billion of notes and bonds in three auctions starting tomorrow.

Read more on Bloomberg

Financial facts: Not all debt is bad

Financial facts: Not all debt is bad
A few months ago a friend called me to discuss paying off her mortgage. She had received an inheritance that was well more than her current mortgage balance. She asked me a straight forward and to the point question: Should she pay off her mortgage? I have had this question asked of me a few times over the years and most of the time my answer is also straight forward and to the point, No! I then …

Read more on Summit Daily News

Banks emerging from recession gloom despite debt

Banks emerging from recession gloom despite debt
New Zealand’s five major banks (Westpac, ASB, ANZ National, BNZ and Kiwibank) are emerging from the gloom of the recession, maintaining core earnings and showing measured balance sheet growth despite a trebling in bad debt expenses and the accruing …

Read more on Scoop.co.nz

Heavy student debt loads weigh on future savings: report

Heavy student debt loads weigh on future savings: report
Students are graduating from college and university with record-high debt loads, and this is significantly hampering their ability to save and invest for their future, a new study from Statistics Canada reveals.

Read more on Investment Executive

Fed May Take Chance Ending Debt Purchases Won’t Hurt Housing

Fed May Take Chance Ending Debt Purchases Won’t Hurt Housing
Jan. 27 (Bloomberg) — The Federal Reserve may take a chance the housing market can stage a comeback without its support by announcing today it will stick to the plan to end a $1.25 trillion program of mortgage-debt purchases in March.

Read more on Bloomberg

(AFX UK Focus) 2010-01-25 18:03 Spanish property developer debt is 324 bln euros

(AFX UK Focus) 2010-01-25 18:03 Spanish property developer debt is 324 bln euros
MADRID, Jan 25 (Reuters) – Spanish property developers’ debts with banks at the end of September were worth around a third of the country’s gross domestic product, the Spanish Mortgage Association said on Monday. A spokeswoman said data up to the end of the third quarter showed hard hit property developers owed 324 billion euros ($458 billion) as a property crisis continued to worsen. Property …

Read more on Interactive Investor

Danny Schechter: Time For a Moratorium on Foreclosures and Debt Relief

Danny Schechter: Time For a Moratorium on Foreclosures and Debt Relief
If you believe, as I do, that there is an economic emergency underway affecting the most vulnerable among us, as foreclosures grow and poverty deepens, isn’t it time to start demanding debt relief?

Read more on The Huffington Post

Farmers fight hefty debt

Farmers fight hefty debt
In five years there will be 25 percent less farms than today, according to the Danish Agriculture and Food Council’s chief economist Leif Nielsen.

Read more on The Copenhagen Post

Add household debt management to fix-it list

Add household debt management to fix-it list
It has been said that misery loves company, and that might be so. In most cases, though, company will not love it back. Experience tells us that misery does not lend itself to good companionship, let alone mutually rewarding relationships.

Read more on Everett Herald