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China's localities need debt relief, academic says, backing treasury bonds to ease burdens
South China Morning Post via Yahoo Finance UK· 3 hours agoA former adviser to the People's Bank of China has said the country's central government should issue more treasury bonds to replace local debt, a call paired with entreaties for deeper reforms ...
The US housing slump deepened this spring. Where does that leave home shoppers and sellers?
Associated Press Finance via Yahoo Finance UK· 1 hour agoThe housing market shows few signs of busting out of its three-year funk after a disappointing...
These 10 States Have the Most Consumer Debt
GOBankingRates via Yahoo Finance UK· 23 hours agoConsumer debt continues to rise in the United States following a brief interlude during the COVID-19 pandemic, when Americans cut way back on credit card...
Chinese risk perilous journey in search of ‘freedom’ in the United States
Al Jazeera· 5 hours agoLast year, Chinese businessman Li Xiaosan and his teenage son travelled 5,000 kilometres (3,107...
Powell to Face Fed Critics in Congress on High Rates, Bank Rules
Bloomberg via Yahoo News UK· 2 hours ago(Bloomberg) -- Jerome Powell will face pressure this week from lawmakers growing impatient for the...
I was in the room when Rachel Reeves made history - but all I felt was Deja Vu
Daily Express· 1 hour agoThe seed was sowed that Labour and Gordon Brown were to blame for “crashing” the economy. Ms Reeves...
I’m a Banking Expert: Why You Should Never Keep More Than $250K in a Savings Account
GOBankingRates via Yahoo Finance UK· 1 day agoEven though Americans were able to stash away around $2 trillion in savings during the pandemic...
Captain Tom Moore timeline: From NHS hero’s legacy in pandemic to controversy four years later
The Independent· 5 days agoDecorated Second World War veteran turned pandemic hero raised £33m for NHS before passing away in...
French Stocks Rise as Traders See Safety in Political Gridlock
Bloomberg via Yahoo News UK· 2 hours ago(Bloomberg) -- The lack of any clear winner in the French elections is being viewed with some relief...
Another Green Bubble Is Deflating in Biofuels
Bloomberg· 9 hours agoThe industry's myriad problems indicate that oil isn’t going the way of the dinosaurs yet. Javier Blas is a Bloomberg Opinion columnist covering energy...