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5 mins read

Mutual fund AUM crosses the Rs 60 lakh crore mark, SIP nos. and AUM touch all-time highs

As AMFI data further revealed, the number of new SIPs registered in June 2024 stood at a staggering…

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3 mins read

Maldives President Muizzu thanks India for economic support, affirms hope of signing FTA

Maldives President Mohamed Muizzu thanked India for its support to the island nation in easing its …

ANI   


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3 mins read

Here's why economists are so worried about soaring US debt levels

The government's soaring debt balance risks stoking inflation and lowering the quality of life for …

Jennifer Sor   


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2 mins read

Jamie Dimon says the 'Buffett rule' approach to taxing the wealthy could solve America's debt problem

The JPMorgan CEO cited the famed rule that million-dollar households should not pay taxes on a lowe…

Filip De Mott   


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2 mins read

Rising household debt and shrinking incomes are setting the stage for a recession, top economist says

The US economy has two imbalances that could tip it into a downturn, according to economist David R…

Jennifer Sor   


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2 mins read

Here's why gold prices could climb even higher from current record levels

Gold prices hit a fresh record high, above $2,500 an ounce recently — making standard gold bars wor…

Huileng Tan   


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2 mins read

The market is flashing signs of a dangerous debt bubble with losses that could be 'contagious,' economist says

US stocks could be seeing one of the most problematic types of asset bubbles, according to one Gold…

Jennifer Sor   


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2 mins read

PIMCO economist says fears of a US debt crisis are overblown - for now

"Previous episodes when federal interest payments (as a proportion of total outlays) reached simila…

Filip De Mott   


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2 mins read

An ultra-safe corner of the commercial real estate debt market is seeing losses as the sector struggles

Commercial mortgage bonds backed by high-quality properties are showing signs of distress as the ma…

Jennifer Sor   


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4 mins read

A Gen Xer with a 6-figure salary and over $315,000 in debt can't afford a home: 'This country has failed us'

Shirin Tajani works two jobs, six days a week, but can't keep up with her student loan and credit c…

Ayelet Sheffey   


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4 mins read

Student-loan borrowers are entering a new 'Wild West' where any form of debt relief is much less certain

The Supreme Court struck down the Chevron doctrine, inviting uncertainty over the fate of federal r…

Ayelet Sheffey   


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4 mins read

A Gen Xer shares how going back to college 5 years after dropping out landed him a nearly $150,000 salary that paid off his student debt

A Gen Xer went back to college five years after dropping out. He said it was worth it and helped hi…

Jacob Zinkula   


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1 min read

Stocks are 'going nowhere' for the next decade as inflation sticks around and US debt balloons, CIO says

The S&P 500 could see double-digit losses on par with the dot-com crash and the Great Financial Cri…

Jennifer Sor   


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6 mins read

Meet the Roadmap Generation: High-achieving Zoomers are taking an aggressive, long-term approach to planning their careers

Meet the Roadmap Generation: A professional cohort of recent graduates and early-stage careerists w…

Erin Snodgrass   


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2 mins read

Brace for constant volatility as high interest rates amplify the US debt problem, BlackRock says

The US could spend more paying the interest on its debt than it does on Medicare payments in just a…

Jennifer Sor   


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2 mins read

FPIs infuse Rs 9,000 cr in equities in Nov; inflow in debt at 6-yr high

After turning net sellers in the past two months, FPIs again made a comeback in the Indian stock ma…

PTI   


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2 mins read

The 'debt debasement' trade is ramping up as the US adds $1 trillion to the national debt every 100 days, Bank of America says

The US is taking out another $1 trillion in debt every 100 days, Bank of America strategists estima…

Jennifer Sor   


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5 mins read

Their son did well in high school and on his SATs, but got rejected from 30 US colleges. So they set their sights on Europe.

The college application process in the US was lengthy and demoralizing for their son, who ended up …

Erin Liam   


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4 mins read

Americans are facing a credit card debt crisis

The US is facing a credit card debt crisis as balances and delinquencies soar.

Cork Gaines   


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5 mins read

A Texas Gen Xer who went to college in his 40s says it didn't help him find a job and saddled him with over $100k in student debt

A Texas-based truck driver went to college in his 40s to change careers. He said his degree hasn't …

Jacob Zinkula