Sept. 11, 2016 10:03 p.m. ET As millennials struggle to repay record levels of student-loan debt, many are making costly mistakes that threaten to undermine their long-term financial security. For instance, roughly one in four is behind on repayments or in default, which can result in a host of negative consequences, from damaged credit to…
Prime Minister Alexis Tsipras said Greece will only be able to lure investors once a quarrel between creditors over how to lower the countrys debt burden is resolved, which he said should lead the European Central Bank to include Greek government bonds in its asset purchase program. What is currently causing a delay in regaining…
Frank Calabria, named on Friday as Origin Energy’s new chief executive officer, said he’ll focus on paying down a $9 billion debt pile and consider more asset sales when he takes over from Grant King next month. “We set a target and I would be very disappointed if we don’t get well below that” by June…
Local Councils can play a key role in supporting the growth of ethical alternatives to so-called legal loansharks, says a new publication from the Co-operative Party and the Association of British Credit Unions (ABCUL). Launched at the Co-operative Partys Annual Conference in Cardiff, Credit Unions and Government: Working in Partnership details how local councils can support the…
Chase has teamed up with The Players Tribune and Business Insider to present Letter to My Younger Self, a series where athletes reflect on their biggest lessons learned from finance to relationships to careers. Readers will also discover how to apply specific financial learnings to their own lives. By Mai Nguyen Millions of Americans are…
By Eleanore D. Sanchez If your debts are getting out of control or you are struggling to make ends meet, it’s important to act quickly. Help is available, the Australian Securities and Investments Commission (ASIC) said on its financial planning website, Money Smart. The first step, according to ASIC, is to deal with the problem…
While no one likes to be nagged, a bit of prodding with periodic emails or online messages can help consumers reduce their credit card debt, a new study has found. The research, conducted by the Urban Institute and the D2D Fund, sought to determine if reminding people about simple financial rules of thumb could help…
Wisconsin’s universities and technical colleges are the economic engines of our state. From workforce development and biotech research to improving farm production and assisting entrepreneurs, we’ve always benefited from strong schools. But now, after years of Republican budget cuts, businesses are losing out on valuable opportunities, our middle class is shrinking and students are graduating…
by Lamiat Sabin YOUNG adults renting their homes and working in insecure jobs are most likely to struggle with debt, a charity said yesterday as it reported receiving a record number of cries for help. A total of 313,679 people with unmanageable money problems sought advice from StepChange Debt Charity between January and June, which…
by Lamiat Sabin YOUNG adults renting their homes and working in insecure jobs are most likely to struggle with debt, a charity said yesterday as it reported receiving a record number of cries for help. A total of 313,679 people with unmanageable money problems sought advice from StepChange Debt Charity between January and June, which…
