WASHINGTON, DC — Congress passed its catch-all spending bill with little help for Puerto Rico drawing an angry condemnation from the U.S. territory’s governor Friday. The bill passed 318-109 with 166 aye votes from Democrats, several of whom had been insisting the bill include debt relief for Puerto Rico. Several backed the sweeping bill, which…
By Ara Oghoorian Learn more about Ara on NerdWallets Ask an Advisor If youve graduated and started working, and yet you still feel overwhelmed by your student loan payments, there are ways to lessen the load. Federal student loan borrowers may be eligible for a government repayment plan that caps monthly payment amounts based on income. Pay As You Earn,…
MUMBAI: A focus on improving operating efficiency and reduction in investments funded through debt over the past few quarters are helping Corporate India to clean up balance sheets amid the slow economic growth. An analysis by the ET Intelligence Group shows the reserves and surplus of BSE 500 companies stood at a record Rs 26.4…
U.S. lawmakers agreed to extend some health-care aid to Puerto Rico as part of a $1.1 trillion spending bill that would avert a government shutdown, a step that fell far short of the lifeline the Caribbean island was seeking to rescue it from its escalating debt crisis. The legislation, which marks Congresss first step to…
Last Modified: Wed, Dec 16 2015. 12 42 AM IST Top 500 firms will need to generate Rs7 trillion to reduce their leverage ratio to sustainable limits, says Sebi chairman Joining the debate over increasing bad loans in domestic firms, U.K. Sinha, chairman of the Securities and Exchange Board of India, or Sebi, on…
What a difference a year makes. A little over a year ago Chesapeake Energy (NYSE:CHK) CFO Nick Dell’Osso told investors that “Chesapeake has never been stronger financially.” That strength was in large part due to the sale of a huge swath of the company’s acreage in the Marcellus and Utica shale plays to Southwestern Energy…
Saudi Arabia may support Egypt by buying local debt instead of depositing dollars in the Egyptian central bank, a government official said, part of a fresh aid package to help the dollar-starved economy. The two governments are discussing plans for Saudi Arabia to buy Egyptian treasury bonds and treasury bills, said the official, who asked…
As mounting student debt generates a national conversation, a Columbia alumnus aims to help artists pay off loans, afford rent and continue to pursue their passions. Derrick Trumbly, a 2005 theatre alumnus, began the first capital… Read the full article at: http://www.columbiachronicle.com/campus/article_81a7e506-a081-11e5-9682-ef91a6fec79b.html
Sen. Ted Cruz (R-TX), fresh off a bump in the polls, used his new visibility on Monday to ask supporters to help Wisconsin Gov. Scott Walker pay off debt accrued during his failed Republican presidential bid. Cruz called on his “#CruzCrew” to help the governor pay off his nearly $1 million campaign debt, tweeting a…
At a time when the right-wing in this nation gets energized from politicians who advocate border walls, another Middle Eastern ground invasion and the banning of Muslims from entering the U.S., left-wing candidates and legislators are trying to appeal to voters with a very different idea: debt-free college. Earlier this month, 10 legislators in 10…