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| May 23, 2019

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Billionaire pledges to pay off student loan debt for Morehouse College class of 2019

May 19, 2019 |

Billionaire pledges to pay off student loan debt for Morehouse College class of 2019Robert F. Smith surprised the nearly 400 graduates of the historically black, all-male college during his commencement address.



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CNN

Who gets Venezuela’s oil? Follow its debt

May 17, 2019 |

Venezuela’s two biggest creditors, China and Russia, are keeping an eye on what they’re owed.
CNN.com – RSS Channel – Regions – Americas

Schools Flip on Punishing Students With Lunch Debt

May 10, 2019 |

A Rhode Island school district reversed its decision to start serving cold sandwiches instead of hot lunches next week to students whose families owe lunch money. Warwick Public Schools had said it would serve sunflower butter-and-jelly sandwiches to students whose families are in arrears beginning Monday, sparking a public backlash…
Newser

Kids With Lunch Debt to Get Cold Sandwiches: District

May 8, 2019 |

Owe lunch money to Warwick Public Schools? Then you’ll be eating cold sun butter and jelly sandwiches every day until it’s paid up, rather than getting a hot meal, the Rhode Island school district announced over the weekend. Kids will also be allowed to go back to hot meals if…
Newser

Tesla raises $2.35 billion in boosted debt and stock offerings

May 4, 2019 |

Tesla Inc. raised $ 2.35 billion through debt and stock offerings, more than the company initially planned, helping to put some near-term liquidity fears to rest.

The electric-car maker raised $ 750 million selling common stock and $ 1.6 billion from convertible bonds, up from originally offering…


L.A. Times – Business

Like it or not, debt collectors may be texting and emailing you under new rules

May 1, 2019 |

The Consumer Financial Protection Bureau, under President Trump, already has moved to make life easier for payday lenders. It’s expected any day now to do the same for debt collectors.

The bureau will unveil proposed rule changes that are likely to include explicit permission for debt collectors…


L.A. Times – Business

One-time deficit hawk Mulvaney says soaring U.S. debt isn’t ‘holding us back’

April 30, 2019 |

Mick Mulvaney came to the Milken Institute Global Conference Tuesday with a straightforward message: President Trump’s economic strategy is working.

The acting White House chief of staff offered a broad defense of the administration’s tax cuts, trade wars and other policies — claiming the result…


L.A. Times – Business

AT&T loses more subscribers as it focuses on cutting debt

April 24, 2019 |

AT&T Inc. lost more TV and wireless subscribers than anticipated last quarter as the phone giant retreated from promotions while working on reducing a debt load stemming from its takeover of Time Warner.

The Dallas telecom company said Wednesday that its number of TV subscribers shrank by 627,000…


L.A. Times – Business

Warren Unveils Audacious Student Debt Plan

April 22, 2019 |

Elizabeth Warren is out with what might be her most controversial policy proposal yet ahead of the 2020 election: She wants to wipe out a large chunk of the student debt now held by Americans, reports HuffPost . “The time for half-measures is over,” Warren writes in a blog post detailing…
Newser

How Much Debt Do Americans Have?

April 3, 2019 |

How Much Debt Do Americans Have?A strong economy has led to record levels of borrowing



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