tag US debt

Americans' debt level notches a new record high

EghtesadOnline: Americans' debt level notched another record high in the second quarter, after having earlier in the year surpassed its pre-crisis peak, on the back of modest rises in mortgage, auto and credit card debt, where delinquencies jumped.
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Publish Date:16/August/2017 | 05:47

Wall Street keen for a fellow traveler at Treasury

EghtesadOnline: With President-elect Donald Trump promising to spend as much as half a trillion dollars on infrastructure and slash taxes – initiatives that could add dramatically to the U.S. debt and balloon the budget deficit - Wall Street is far more focused on who will next head the U.S. Treasury than it was in the previous selection process under President Barack Obama.
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Publish Date:19/November/2016 | 05:46