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Lebanon’s President Orders Week’s Delay in Talks to Pick Premier
Lebanon’s president ordered a weeklong postponement in talks to pick a new premier, just one day before lawmakers were set to name a businessman to head the next cabinet amid a deepening economic and
Tax hikes hard to stomach for cash-strapped, debt-burdened Torontonians
Financially, Torontonians are stretched pretty thin. And in the wake of Mayor John Tory’s public intentions to increase Toronto’s city building levy, cash-strapped Torontonians are left wondering how
Predatory payday lenders exploit Utah loophole, creating modern-day debtors’ prisons
The average interest rate for a payday loan in Utah is 652%, according to the Center for Responsible Lending. On Thursday, Democratic presidential hopeful Sen. Bernie Sanders said that simply doesn’t
How to Budget for Unexpected Expenses
We’ve all been there: you make a budget, you start making purchases based on your budget, and then you get stuck with some expense that isn’t in your budget.
We Paid Off $55K of Debt in 2 Years - All on 1 Income
It was a crazy thought - paying off and cutting up every single one of my credit cards. It was an even crazier thought that one day we may not owe anyone a single dime. I kept thinking to myself,
Set Up Balance Transfer Autopayments to Pay Off Your Debt Before the 0% Intro APR Expires
If you’ve got a lot of credit card debt and the monthly interest charges are adding up, a balance transfer credit card can be an excellent way of paying off that debt without paying interest. In
How to Calculate Whether a Balance Transfer is Worth It
If you have more than one credit card, you’ve probably gotten offers to transfer a balance to one of your other cards—probably the one that gets used less than the others. Not wanting to be left out,
MMT: when does government deficit spending improve debt-to-GDP ratios?
Modern Monetary Theory (MMT) (previously) is an alternative to neoclassical economics that holds that sovereign states that issue their own currency can't default on debts denominated in that currency
10 Things People With Good Credit Always Do
Quick: what's your credit score? Don't know? That's a problem. Your credit score is a snapshot of your financial health and can have a far-reaching impact. Nicole Lapin, a financial expert and author
U.K. Tories Court Votes With ‘Responsible’ Tax and Spending Plan
U.K. Chancellor Sajid Javid drew election battle lines over tax and spending, accusing the Labour opposition of “reckless plans and ideological experiments” that would send foreign investors fleeing.
Johnson Pledges NHS Boost to Fend-Off Labour Attacks: U.K. Votes
U.K. Prime Minister Boris Johnson sought to neutralize attacks by the opposition Labour Party by pledging to recruit 50,000 nurses and promising the National Health Service will not be “on the table”
Harvard-Yale Game Delayed By Student Protest; 20-30 Arrested
New Haven, Conn. (AP) -- Protesters wearing the colors of both Harvard and Yale staged a sit-in at midfield of Yale Bowl during halftime of the 136th edition of the annual football rivalry known as
High prices and debt mean millennials don't plan to stop renting, and that's before their parents retire and become dependent on them
The percentage of millennials planning to "always rent" is up about 25% from last year, to 12.3%, based on Apartment List's annual survey; the factors behind this are primarily high house prices and
Arms Race of Election Pledges Comes Too Late for Many in U.K.
Britain’s decade of austerity is coming to an end as politicians pursue an arms race of spending pledges before next month’s election. For the 90,000 or so people of Hartlepool, relief will be too
Eskom S.Africa CEO Appointment Met With Surprise, Skepticism
After months of speculation and delays, South Africa named Andre de Ruyter as chief executive officer of its debt-crippled state power utility, surprising investors with an unexpected choice and
Why are we still treating economics as if it were an empirical science that makes reliable predictions?
Robert Skidelsky is an eccentric British economist: trained at Oxford, author of a definitive three-volume biography of Keynes, a Lord who sat with the Tories as their economics critic during the
Second Collective Suicide in Turkey in a Week Highlights Crisis
A family of four was found dead in southern Turkey in what appears to be the second collective suicide in a week amid growing economic hardship.
6 Things Every American Should Know About Congress’ Bailout for Select Coal Miners’ Pensions
Americans lose when Congress is in the business of picking winners and losers. Just this week, Senate Majority Leader Mitch McConnell signed onto a bill,... Read More The post 6 Things Every American
Church Partners with Non-Profit to Pay Off $2 Million in Community's Medical Debts
A church and a non-profit group have teamed up to pay off a large amount of their community's medical debts.
Buttigieg Proposes Hiking Capital Gains Tax: Campaign Update
Pete Buttigieg’s presidential campaign is proposing increases in the capital gains tax to pay for $2.1 trillion of domestic spending he outlined earlier Friday.