How a stronger dollar weakens economies abroad

Sep 8, 2022
Countries that import commodities priced in U.S. dollars, like oil, are paying a lot more. So are nations that have dollar-denominated loans.
If the value of the dollar climbs against a currency like the Mexican peso, Mexico's debt payments increase.
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Can you negotiate your credit card rate?

May 20, 2022
Credit Counselors can work with banks to bring down interest rates in order to get debt paid off.
Your credit card interest rate is negotiable — in a way.
Creative/Getty Images Illustration by Julia Schiff

Double whammy: Credit card debt grows as interest rates rise

May 9, 2022
Americans have a $860 billion credit card balance, according to the Federal Reserve Bank of New York.
After paying down credit card debt for the past few years, Americans have gone back to high spending.
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What's the best way to navigate personal bankruptcy?

Dec 27, 2021
For people pushed to the edge financially, bankruptcy can be an option. One nonprofit is trying to make the choice easier and less expensive.
Bankruptcy can be a lifeline for some, but it's still out of reach for many who can’t afford the roughly $1,500 it takes to hire an attorney and pay for court fees.
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Private equity will buy up companies to the tune of $1 trillion this year

Dec 17, 2021
Thanks, in part, to the pandemic — and the low interest rates that have accompanied it.
Private equity firms, largely invested in by endowments and pension funds, often buy companies saddled with debt, revamp them and sell them for a profit.
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Inflation is painful, but there's an upside

Dec 8, 2021
Borrowers benefit because their debts can become less expensive.
Rawley Heimer, a professor of finance at Arizona State, says lawmakers from politically drawn  districts tend to be less sensitive to voters' needs and put less pressure on lenders.
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What’s the payoff to hosting the Olympics?

Jul 23, 2021
The Tokyo Olympics is likely to lose money — potentially in the billions. Tokyo won't be the first host city to take that hit.
People take a photo of the Olympic Rings outside the stadium during the opening ceremony of the Tokyo 2020 Olympic Games on July 23, 2021 in Tokyo, Japan.
Lintao Zhang via Getty Images

For public good, not for profit.

Despite more savings, American households still have a lot of debt

Who's taking on debt for what reasons, and why paying it down is good for your financial and mental health.
Recent data from the Federal Reserve Bank of New York shows the overall amount of household debt increased steadily in 2020.
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Corporations pile on debt to survive pandemic

Jan 25, 2021
But eventually they'll need to make enough money to pay it back. Will changes in consumer behavior be permanent?
The pandemic has left corporations like AMC with no option but to go into debt in order to see another day.
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Vehicle sales tell story of separate economic realities

Jan 15, 2021
The average selling price of new vehicles reached a record high in late 2020. Last year also saw vehicle loan debt increase to record levels.
Prices rose in both the new and used vehicle markets last year.
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