#debt

[ follow ]
fromwww.cbc.ca
2 days ago
Canada news

Peace Bridge duty-free shop goes into receivership as cross-border travel plummets | CBC News

Peace Bridge duty-free shop enters receivership over significant debts and rent arrears, affecting its long-time operations.
fromPsychology Today
1 week ago
Mental health

Credit and Debt: Leveraging the Future for the Present

Immediate gratification drives debt accumulation on personal and national levels.
Generational patterns have exacerbated debt trends, influenced by economic conditions and systemic exploitation.
Solutions need to focus on financial literacy and psychological awareness.
#politics
Germany politics
fromwww.dw.com
1 month ago

Germany's likely new government makes a risky gambit DW 03/12/2025

The new German government aims to change the constitution to enable significant new debt for military and infrastructure funding.
fromwww.nytimes.com
2 weeks ago
NYC politics

Adams's Legal Debt Rises to $3 Million as Donors Fade Away

Mayor Eric Adams leveraged political influence to avoid trial but accrued significant debt in the process.
Germany politics
fromwww.dw.com
1 month ago

Germany's likely new government makes a risky gambit DW 03/12/2025

The new German government aims to change the constitution to enable significant new debt for military and infrastructure funding.
more#politics
#financial-health
fromApartment Therapy
8 months ago
Business

The "30% Rule" for Paying Rent Isn't for Everyone - Try This One Instead

Reconsider the 30% rent rule and assess overall financial health for housing affordability.
fromApartment Therapy
8 months ago
Business

The "30% Rule" for Paying Rent Isn't for Everyone - Try This One Instead

Reconsider the 30% rent rule and assess overall financial health for housing affordability.
more#financial-health
Arts
fromArtforum
4 weeks ago

Credit Lines

Christine Sun Kim's artwork powerfully critiques the challenging reality of debt through visual representation, highlighting vulnerability and struggle.
#gen-z
Marketing tech
fromNew York Post
1 month ago

Gen Z is splurging on pricey concert tickets - which may be why they can't afford to buy a home

Gen Z is incurring significant debt to afford concert tickets, even using rent money to fund such expenses.
fromFast Company
5 months ago
Miscellaneous

Gen Z is carrying more credit card debt than any other generation

Generational mobility remains intact in the US, with optimism about economic prospects despite significant debt burdens, especially within Gen Z.
Marketing tech
fromNew York Post
1 month ago

Gen Z is splurging on pricey concert tickets - which may be why they can't afford to buy a home

Gen Z is incurring significant debt to afford concert tickets, even using rent money to fund such expenses.
fromFast Company
5 months ago
Miscellaneous

Gen Z is carrying more credit card debt than any other generation

Generational mobility remains intact in the US, with optimism about economic prospects despite significant debt burdens, especially within Gen Z.
more#gen-z
fromwww.mercurynews.com
1 month ago
Mental health

Harriette Cole: I've been dodging him for weeks because I can't repay him. Is there a way out of this?

Be honest about your financial situation with friends when you can't repay them.
Communicate your emotional struggles clearly and assertively to friends.
UK politics
fromwww.theguardian.com
1 month ago

The Guardian view on Rachel Reeves's spending cuts: a choice, not an economic necessity | Editorial

The narrative of austerity in Britain is a political construct, masking self-imposed financial constraints.
#fraud
Non-profit organizations
fromBuzzFeed
2 months ago

People Are Calling Out Industries That Are Actually "Scams," And It's Eye-Opening

Third-party student loan consultants deceive borrowers, leading to unnecessary fees and misconceptions about loans.
fromstupidDOPE
1 month ago
NYC startup

Omnium Canna's $233,000 Debt: Where Is Howard Hoffman, and Why Has Omnium Gone Silent? | stupidDOPE

Omnium Canna owes $233,000 for work done, and the responsible parties are unaccountable.
Non-profit organizations
fromBuzzFeed
2 months ago

People Are Calling Out Industries That Are Actually "Scams," And It's Eye-Opening

Third-party student loan consultants deceive borrowers, leading to unnecessary fees and misconceptions about loans.
NYC startup
fromstupidDOPE
1 month ago

Omnium Canna's $233,000 Debt: Where Is Howard Hoffman, and Why Has Omnium Gone Silent? | stupidDOPE

Omnium Canna owes $233,000 for work done, and the responsible parties are unaccountable.
more#fraud
NYC startup
fromThe Verge
1 month ago

iRobot tells investors its future is in doubt

iRobot warns of potential shutdown in 12 months due to debt unless refinancing or acquisition occurs.
Russo-Ukrainian War
fromtime.com
2 months ago

Zelensky Says $500 Billion Mineral Deal Is Off the Table but Ukraine Is Open to Negotiations

Ukraine seeks equitable agreement for U.S. aid, rejecting $500 billion debt proposal tied to mineral resources.
fromTruthout
2 months ago
Left-wing politics

House GOP Advances Budget With Over $1T in Cuts to Medicaid and Food Stamps

House Republicans advanced a budget plan that proposes deep cuts, impacting vulnerable populations while promoting tax breaks for the wealthy.
fromThe Mercury News
2 months ago
Miscellaneous

Well-heeled group that backed recall of Alameda County DA Pamela Price ended year $700,000 in debt

The recall campaign against DA Pamela Price is over $697,000 in debt as of the end of 2024.
fromwww.theguardian.com
2 months ago
UK politics

DWP blocked whistleblower giving evidence to carer's allowance review'

The DWP has allegedly obstructed a whistleblower from participating in the independent review of carer's allowance.
fromBusiness Matters
2 months ago
Miscellaneous

Homebase owes 650m unsecured debt as administration details emerge

Homebase's administration reveals a staggering debt of over £650 million, leaving unsecured creditors unlikely to recover anything.
Homebase collapsed due to overwhelming debt and lack of financing options, resulting in the sale of assets in administration.
#personal-finance
Parenting
fromBusiness Insider
5 months ago

Money guru shares 5 ways to set your kids up for financial success - and some tough love will be necessary

Teaching kids personal finance early promotes financial independence and helps prevent issues like debt or financial mismanagement in adulthood.
Digital life
from24/7 Wall St.
3 months ago

'Why Do People Use Debit Cards Instead of Credit Cards'

Responsible credit card use offers benefits like rewards and safety over debit cards.
Financial discipline is crucial; credit cards risk debt without proper management.
Cash or debit usage can limit financial flexibility, especially for those in need.
fromBusiness Insider
2 months ago
Parenting

I became a financial educator because my parents never talked to me about money. I want to help others avoid the mistakes I made.

Stacey Black emphasizes the critical importance of financial education and responsibility through her own experiences with credit cards.
from24/7 Wall St.
4 months ago
Miscellaneous

I was disciplined with credit cards until a trip to Japan - peer pressure led me to overspend. Should I cut up my cards?

Irresponsible credit card usage can derail financial plans, but disciplined use can provide benefits and improve credit scores.
Parenting
fromBusiness Insider
5 months ago

Money guru shares 5 ways to set your kids up for financial success - and some tough love will be necessary

Teaching kids personal finance early promotes financial independence and helps prevent issues like debt or financial mismanagement in adulthood.
Digital life
from24/7 Wall St.
3 months ago

'Why Do People Use Debit Cards Instead of Credit Cards'

Responsible credit card use offers benefits like rewards and safety over debit cards.
Financial discipline is crucial; credit cards risk debt without proper management.
Cash or debit usage can limit financial flexibility, especially for those in need.
fromBusiness Insider
2 months ago
Parenting

I became a financial educator because my parents never talked to me about money. I want to help others avoid the mistakes I made.

Stacey Black emphasizes the critical importance of financial education and responsibility through her own experiences with credit cards.
from24/7 Wall St.
4 months ago
Miscellaneous

I was disciplined with credit cards until a trip to Japan - peer pressure led me to overspend. Should I cut up my cards?

Irresponsible credit card usage can derail financial plans, but disciplined use can provide benefits and improve credit scores.
more#personal-finance
fromIrish Independent
3 months ago
Miscellaneous

Home buyers warned of 'debt timebomb' as state supports speed up house-price growth

The First Home Scheme could increase debt for buyers due to rising house prices.
#elon-musk
fromFuturism
3 months ago
Miscellaneous

In Leaked Email, Elon Musk Admits Defeat on Twitter

Banks are preparing to sell off $13 billion of debt linked to Musk's Twitter acquisition to mitigate losses.
fromThe Verge
3 months ago
Miscellaneous

Elon Musk email to X staff: 'we're barely breaking even'

X (formerly Twitter) is facing severe revenue challenges and stagnant user growth post-acquisition by Musk.
Banks are looking to sell off Musk's debt as losses in equity stakes deepen.
Musk's claims of near-term cash-flow positivity remain unfulfilled amidst hefty interest obligations.
Miscellaneous
fromFuturism
3 months ago

In Leaked Email, Elon Musk Admits Defeat on Twitter

Banks are preparing to sell off $13 billion of debt linked to Musk's Twitter acquisition to mitigate losses.
fromThe Verge
3 months ago
Miscellaneous

Elon Musk email to X staff: 'we're barely breaking even'

X (formerly Twitter) is facing severe revenue challenges and stagnant user growth post-acquisition by Musk.
Banks are looking to sell off Musk's debt as losses in equity stakes deepen.
Musk's claims of near-term cash-flow positivity remain unfulfilled amidst hefty interest obligations.
more#elon-musk
Miscellaneous
fromtime.com
3 months ago

How Doctors Are Pushing Medical Credit Cards on Patients

Medical credit cards can lead to unexpected debt due to deceptive practices and pressure during medical appointments.
#squid-game
fromSlate Magazine
3 months ago
Miscellaneous

Squid Game Season 2 Lacks the Most Disturbing Element of All

Squid Game's second season lacks the engaging complexity introduced by the wealthy players, focusing instead on the contestants' ongoing struggles with debt and addiction.
fromBusiness Insider
3 months ago
Miscellaneous

How much debt each character in 'Squid Game' season 2 owes, in US dollars

Characters in "Squid Game" season two deal with enormous debts, highlighting themes of desperation and moral choices in a deadly competition.
fromSlate Magazine
3 months ago
Miscellaneous

Squid Game Season 2 Lacks the Most Disturbing Element of All

Squid Game's second season lacks the engaging complexity introduced by the wealthy players, focusing instead on the contestants' ongoing struggles with debt and addiction.
fromBusiness Insider
3 months ago
Miscellaneous

How much debt each character in 'Squid Game' season 2 owes, in US dollars

Characters in "Squid Game" season two deal with enormous debts, highlighting themes of desperation and moral choices in a deadly competition.
more#squid-game
fromwww.newsshopper.co.uk
3 months ago
London

Lewisham residents owe 62million in council tax debts

Council tax debt has surged to over £4.4 billion, impacting over a million people and increasingly involving bailiff interventions.
London and the South East are areas with the highest council tax debts, indicating regional economic struggles.
Court referrals for council tax arrears have significantly increased, highlighting challenges faced by local councils.
#real-estate
fromSFGATE
7 months ago
NYC real estate

Late Real Estate Mogul Brandon Miller Died With Just $8,000 in the Bank-and $34 Million in Debt

Brandon Miller's financial reality starkly contrasted with his public persona, culminating in $34 million of debt at the time of his passing.
fromtherealdeal.com
8 months ago
NYC real estate

Brandon Miller left behind $34M in personal debts

Brandon Miller was burdened by $34 million in debt at the time of his suicide, with significant real estate financial challenges.
fromNew York Post
3 months ago
NYC real estate

Exclusive | Candice Miller sold the Hamptons home where her husband took his own life for $12.8M

The mansion's sale reflects the tragic backstory of debt and suicide linked to its previous owner.
fromIrish Independent
4 months ago
Miscellaneous

Catriona Carey's 'exceptional' house near Laois-Carlow border goes sale agreed

A former hockey player has been granted bail in a money-laundering case while property market demand continues to thrive.
fromSFGATE
7 months ago
NYC real estate

Late Real Estate Mogul Brandon Miller Died With Just $8,000 in the Bank-and $34 Million in Debt

Brandon Miller's financial reality starkly contrasted with his public persona, culminating in $34 million of debt at the time of his passing.
fromtherealdeal.com
8 months ago
NYC real estate

Brandon Miller left behind $34M in personal debts

Brandon Miller was burdened by $34 million in debt at the time of his suicide, with significant real estate financial challenges.
fromNew York Post
3 months ago
NYC real estate

Exclusive | Candice Miller sold the Hamptons home where her husband took his own life for $12.8M

The mansion's sale reflects the tragic backstory of debt and suicide linked to its previous owner.
fromIrish Independent
4 months ago
Miscellaneous

Catriona Carey's 'exceptional' house near Laois-Carlow border goes sale agreed

A former hockey player has been granted bail in a money-laundering case while property market demand continues to thrive.
more#real-estate
#finances
Business
fromFortune
7 months ago

Boeing's credit rating is 1 step above speculative grade known as junk

Boeing faces potential credit rating downgrade due to strike affecting production and cash flow.
fromwww.nytimes.com
4 months ago
Digital life

Candice Miller Faces a Mountain of Debt After Her Husband's Death

Brandon Miller died amid financial turmoil, leaving $33.6 million in debt and prompting heightened scrutiny of his ostensibly glamorous lifestyle.
Business
fromFortune
7 months ago

Boeing's credit rating is 1 step above speculative grade known as junk

Boeing faces potential credit rating downgrade due to strike affecting production and cash flow.
fromwww.nytimes.com
4 months ago
Digital life

Candice Miller Faces a Mountain of Debt After Her Husband's Death

Brandon Miller died amid financial turmoil, leaving $33.6 million in debt and prompting heightened scrutiny of his ostensibly glamorous lifestyle.
more#finances
#thames-water
fromBBC News
8 months ago
Business

Why is Thames Water in so much trouble?

Thames Water's debt has ballooned to £15.2bn since its 1989 privatization, raising concerns about financial management and infrastructure investment.
fromwww.romfordrecorder.co.uk
4 months ago
Miscellaneous

'Outrageous' Thames Water loan proposal sparks court protest

Thames Water's quest for a loan raises significant concerns about customer financial burden and the impacts of privatisation on public services.
fromBBC News
8 months ago
Business

Why is Thames Water in so much trouble?

Thames Water's debt has ballooned to £15.2bn since its 1989 privatization, raising concerns about financial management and infrastructure investment.
fromwww.romfordrecorder.co.uk
4 months ago
Miscellaneous

'Outrageous' Thames Water loan proposal sparks court protest

Thames Water's quest for a loan raises significant concerns about customer financial burden and the impacts of privatisation on public services.
more#thames-water
#financial-advice
from24/7 Wall St.
4 months ago
Miscellaneous

Dave Ramsey says this is how you can still buy a house even if you have a 0 credit score

You can buy a house even with no credit score through manual underwriting, contrary to modern beliefs that a credit profile is essential.
from24/7 Wall St.
7 months ago
Business

5 Signs You're In Over Your Head and Need to Get Professional Financial Help

Admitting to needing financial help can be a crucial first step towards budgeting effectively.
from24/7 Wall St.
4 months ago
Miscellaneous

Dave Ramsey says this is how you can still buy a house even if you have a 0 credit score

You can buy a house even with no credit score through manual underwriting, contrary to modern beliefs that a credit profile is essential.
from24/7 Wall St.
7 months ago
Business

5 Signs You're In Over Your Head and Need to Get Professional Financial Help

Admitting to needing financial help can be a crucial first step towards budgeting effectively.
more#financial-advice
#economy
US Elections
fromwww.nytimes.com
6 months ago

Trump's Plans Could Increase U.S. Debt While Raising Costs for Most Americans

Trump's economic proposals may significantly increase national debt and hurt low-income Americans.
fromwww.nytimes.com
7 months ago
France politics

France's Budget Problems Very Serious,' Prime Minister Says

France's new Prime Minister warns of critical financial conditions, highlighting the urgent need for action to address ballooning debt and deficit issues.
fromBusiness Insider
5 months ago
Miscellaneous

6 charts show why Gen X is so bummed about money right now

Gen X is under financial stress, facing high living costs, debts, and responsibilities, unlike other generations.
fromwww.theguardian.com
5 months ago
Business

UK government borrowing in October tops forecasts at 17.4bn

The UK government faces rising borrowing and debt interest, complicating efforts to manage public finances and stimulate economic growth.
US Elections
fromwww.nytimes.com
6 months ago

Trump's Plans Could Increase U.S. Debt While Raising Costs for Most Americans

Trump's economic proposals may significantly increase national debt and hurt low-income Americans.
fromwww.nytimes.com
7 months ago
France politics

France's Budget Problems Very Serious,' Prime Minister Says

France's new Prime Minister warns of critical financial conditions, highlighting the urgent need for action to address ballooning debt and deficit issues.
fromBusiness Insider
5 months ago
Miscellaneous

6 charts show why Gen X is so bummed about money right now

Gen X is under financial stress, facing high living costs, debts, and responsibilities, unlike other generations.
fromwww.theguardian.com
5 months ago
Business

UK government borrowing in October tops forecasts at 17.4bn

The UK government faces rising borrowing and debt interest, complicating efforts to manage public finances and stimulate economic growth.
more#economy
#bankruptcy
US news
fromBoston.com
5 months ago

Spirit Airlines files for bankruptcy as financial losses pile up and debt payments loom

Spirit Airlines has filed for bankruptcy protection to reboot amidst $2.5 billion losses and over $1 billion in impending debt payments.
Miscellaneous
fromFast Company
6 months ago

Spirit Airlines stock price takes a nosedive after report of possible bankruptcy. What's happening with the low-cost airline?

Spirit Airlines is in crisis talks regarding potential bankruptcy as its stock drops significantly due to financial distress and accumulation of debt.
fromBusiness Insider
6 months ago
Business

Spirit Airlines stock plunges after report it's considering filing for Chapter 11 bankruptcy

Spirit Airlines is considering Chapter 11 bankruptcy filing due to heavy debt and operational losses.
fromwww.ocregister.com
5 months ago
Business

Vitamin Shoppe, Pet Supplies Plus owner files for bankruptcy

Franchise Group has filed for Chapter 11 bankruptcy, struggling with $2 billion in debt and impacted by investment firm B. Riley's financial turmoil.
fromwww.ctvnews.ca
5 months ago
Toronto

Spirit Airlines files for bankruptcy | CTV News

Spirit Airlines filed for bankruptcy protection to recover from losses and debt amid the pandemic and a failed acquisition attempt.
The airline assures customers that ticket validity and loyalty points remain unaffected during bankruptcy proceedings.
fromSilicon Canals
5 months ago
Miscellaneous

Dutch e-bike manufacturer Stella Fietsen declared bankrupt - Silicon Canals

Stella Fietsen declared bankruptcy after failing to manage over €10M in debt, impacting around 1,000 customers.
US news
fromBoston.com
5 months ago

Spirit Airlines files for bankruptcy as financial losses pile up and debt payments loom

Spirit Airlines has filed for bankruptcy protection to reboot amidst $2.5 billion losses and over $1 billion in impending debt payments.
Miscellaneous
fromFast Company
6 months ago

Spirit Airlines stock price takes a nosedive after report of possible bankruptcy. What's happening with the low-cost airline?

Spirit Airlines is in crisis talks regarding potential bankruptcy as its stock drops significantly due to financial distress and accumulation of debt.
fromBusiness Insider
6 months ago
Business

Spirit Airlines stock plunges after report it's considering filing for Chapter 11 bankruptcy

Spirit Airlines is considering Chapter 11 bankruptcy filing due to heavy debt and operational losses.
fromwww.ocregister.com
5 months ago
Business

Vitamin Shoppe, Pet Supplies Plus owner files for bankruptcy

Franchise Group has filed for Chapter 11 bankruptcy, struggling with $2 billion in debt and impacted by investment firm B. Riley's financial turmoil.
fromwww.ctvnews.ca
5 months ago
Toronto

Spirit Airlines files for bankruptcy | CTV News

Spirit Airlines filed for bankruptcy protection to recover from losses and debt amid the pandemic and a failed acquisition attempt.
The airline assures customers that ticket validity and loyalty points remain unaffected during bankruptcy proceedings.
fromSilicon Canals
5 months ago
Miscellaneous

Dutch e-bike manufacturer Stella Fietsen declared bankrupt - Silicon Canals

Stella Fietsen declared bankruptcy after failing to manage over €10M in debt, impacting around 1,000 customers.
more#bankruptcy
East Bay (California)
fromwww.ocregister.com
5 months ago

Man arrested, accused of killing California couple before burning their bodies, cars in the desert

A Glendale man faces multiple charges for murdering a Brea couple over an $80,000 debt, with possible death penalty consequences.
#gen-x
Miscellaneous
fromFortune
6 months ago

It's not Gen Z this time. Gen Xers are working the most gigs to stave off financial insecurity

Gen X is struggling financially, with 81% feeling insecure about their income despite long careers.
from24/7 Wall St.
7 months ago
Business

If you haven't started saving for retirement in your 40s, there's still hope - but you need to follow these steps

Gen X faces significant retirement challenges with high debt and low savings, highlighting a need for informed financial planning.
Miscellaneous
fromFortune
6 months ago

It's not Gen Z this time. Gen Xers are working the most gigs to stave off financial insecurity

Gen X is struggling financially, with 81% feeling insecure about their income despite long careers.
from24/7 Wall St.
7 months ago
Business

If you haven't started saving for retirement in your 40s, there's still hope - but you need to follow these steps

Gen X faces significant retirement challenges with high debt and low savings, highlighting a need for informed financial planning.
more#gen-x
Business
fromFast Company
6 months ago

How debt influences Gen Z and millennial career choices

Many workers are influenced by financial concerns when making career decisions, significantly impacting younger generations more than older ones.
Business
fromwww.aljazeera.com
7 months ago

IMF loan offers Pakistan relief but long-term reforms remain a challenge

The IMF's $7bn loan is crucial for stabilizing Pakistan's economy, but essential reforms are necessary for long-term sustainability.
Business
fromwww.aljazeera.com
7 months ago

Ratings agencies warn of downgrade if Boeing strike prolonged

Boeing faces potential ratings downgrade risk due to possible prolonged strike and significant debt obligations.
fromwww.standard.co.uk
7 months ago
London politics

Sadiq Khan refuses to rule out sending in bailiffs as TfL owed nearly 400m in unpaid Ulez fines

The amount owed to TfL for unpaid clean air levies has risen to £376 million, with bad debts exceeding £450 million.
TfL faces substantial challenges with unpaid fines, prompting considerations of further actions.
fromwww.aljazeera.com
7 months ago
UK news

Indonesian fruit-pickers say seasonal work in UK left them drowning in debt

Migrant workers in the UK face unrealistic targets leading to premature job loss and significant debt.
Digital life
fromwww.nytimes.com
8 months ago

Families Are Going Into Debt for Disney Vacations

Disney vacations can lead families into significant debt, especially amid rising living costs.
Parents often view Disney trips as valuable experiences despite the financial strain.
Demand for Disney parks is declining as families reassess travel expenses during economic challenges.
#mental-health
fromBoston.com
8 months ago
US news

How an Instagram-perfect life in the Hamptons ended in tragedy

The Millers' extravagant lifestyle was supported by superficial appearances, leading to tragic personal and financial fallout.
fromLondon On The Inside
1 year ago
Mental health

The rise of debt and mental health: Understanding the Psychological Impact

Debt and mental health are closely linked, with rising personal debt levels leading to increased anxiety and depression.
US news
fromBoston.com
8 months ago

How an Instagram-perfect life in the Hamptons ended in tragedy

The Millers' extravagant lifestyle was supported by superficial appearances, leading to tragic personal and financial fallout.
fromLondon On The Inside
1 year ago
Mental health

The rise of debt and mental health: Understanding the Psychological Impact

Debt and mental health are closely linked, with rising personal debt levels leading to increased anxiety and depression.
more#mental-health
Business
fromFortune
8 months ago

U.S. debt interest costs are about to blow past $1 trillion this fiscal year

The US budget deficit exceeded $1.5 trillion for 10 months, narrowed by higher revenues, with interest burden from debt remaining a significant challenge.
fromwww.dw.com
9 months ago
Business

Is Laos facing a China debt trap? DW 07/23/2024

China's loans to Laos for infrastructure development have led to a mountain of debt and economic struggles.
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