Savers benefit from higher rates, but borrowers have faced bigger bills on credit cards, student loans and other forms of debt.
Category: Credit and Debt
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How Regional Banks Got Healthy Again
The crisis set off by Silicon Valley Bank’s collapse has waned. Its peers have more capital and deeper customer ties.
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As Student Loans Come Due Again, Many Borrowers Lose a Lifeline
The payment pause freed up money that gave people breathing room — or allowed them to help family members in need. They will soon have to budget for that expense.
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Carvana, Used Car Dealer, Reaches Deal to Restructure Debt
Most of the company’s bondholders have agreed to accept bonds that are worth less than what they were owed but that are secured against real estate and other assets.
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Bank of America Reports Big Jump in Profit on Higher Interest Rates
One of the nation’s largest banks reported across-the-board strength in its latest quarter, with sales and earnings that surpassed analysts’ expectations.
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Trauma financiero: qué es y cómo lidiar con él
Las penurias económicas o los gastos médicos pueden distorsionar los sentimientos y comportamientos de las personas en torno al dinero y causar que saboteen su futuro económico.
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How Much Debt Does China Have?
A major lender abroad, China is facing a debt bomb at home: trillions of dollars owed by local governments, their financial affiliates, and real estate developers.
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How People in the Queer Community Think About Personal Finance
The cost of family planning and transition care — and other personal finance stories from L.G.B.T.Q. people.
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Ford’s Battery Joint Venture to Get $9.2 Billion Government Loan
The money will help finance three plants the automaker and its partner, SK On, are building in Kentucky and Tennessee.
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Student Loan Pause Is Ending, With Consequences for Economy
Three years of relief from payments on $1.6 trillion in student debt allowed for other borrowing and spending — and will shift into reverse.