Michael Nagle/Bloomberg The selling that began Thursday rolled into Friday, sending stocks on a two-day ride downward amid higher interest rates even as investors eyed mostly solid payrolls data. The yield on the benchmark 10-year Treasury note climbed to new seven-year highs above 3.2% by late Friday, and that appeared to interrupt the party stocks…
Gaz Thompson wants to help other vulnerable people out of debt (Picture: CAP) Gaz Thompson is using his faith to help those struggling with unsustainable debts. Across the UK, more than four million people have debts that are considered unsustainable, and responsibility for helping these vulnerable people is increasingly falling to charities. One such charity,…
AUGUSTA For decades, weve heard politicians promising to attract businesses and jobs to the state to help grow the economy. While supporting small businesses and job creation is important, what Maines economy needs right now is people. Maines economic outlook has changed dramatically since the Great Recession, and the state suffers not from a lack…
Staying out of debt, saving money, building a nest egg all these things sound easy, but theyre not so easy to put into practice. Last year, Americans held a record-high $13 trillion in debt, according to the New York Fed. So where do our good intentions go off the rails? And how can you stop…
A debt help charity is seeing growing numbers of people falling behind with fuel bills and a resurgence in the proportion of clients with high-cost credit such as payday loans. StepChange Debt Charity said the proportion of clients in arrears with council tax is also stubbornly high. In the first half of 2018, 13.1% of…
Whether youre servicing one debt, or several, it can pay to shop around for a different product Running a small business isnt always plain sailing and there are likely to be ups and downs, including times when business is doing great and the cash is rolling in, and times when youre feeling the pinch. The…
NEW YORK (Reuters) – New Yorks attorney general on Thursday sued 10 companies and two executives over their alleged roles in a scam to induce thousands of struggling borrowers into buying student loan debt relief services that they could have received for free. Barbara Underwood, the attorney general, said defendants typically charged more than $1,000…
There are a lot of differences between refinancing and consolidating debt. This is what you need to knowShutterstock When it comes time to make a change to the structure of your business debt, you have a few options available to you as a small business owner. Each aims to make your debt less of a…
The industry body, which is made up of Turkeys biggest banks, has agreed to a set of guidelines that were made public on Thursday but are dated September 11. The plan is to help stave off mass default in the country and enable the commercial loan debtors which … Please take a trial or subscribe…
Dear Dave, My husband started his own one-man, small business as a handyman a little less than a year ago. He has netted $17,000 in that time, but the business has about $13,000 worth of debt. Weve always kept personal finances and business separate, but what would you think about us selling one of our…