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A collection of news and information related to Debt Market published by this site and its partners.
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Not happy with return on assets? Try discarding liabilities
The Savings GameA large part of the mail I receive is related to poor returns from the safest investments. Returns from Treasury bills, money-market instruments and short-term savings accounts are lower than 1 percent. Investors want to know how to earn higher income...Tags: Physical Fitness and Exercise, Loans, Financial Planning, Mortgages, Credit and Debt
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Hyatt Regency Chesapeake dips into reserves to pay debt
The state-owned Hyatt Regency Chesapeake Bay resort in Cambridge continues to deplete a reserve fund to cover its semiannual debt payments because it is not making enough money. The state withdrew $2 million from the reserve June 1, cutting the fund's...
Tags: Dorchester County, Hotel and Accommodation Industry, Marketing, Quarterly or Semiannual Financial Statements, Hotels and Accommodations
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Detroit EM: Call me names, but I need your help
DETROIT (AP) — Cash-strapped and fiscally troubled Detroit has about a 50-50 chance to avoid bankruptcy, according to state-appointed emergency manager Kevyn Orr. Orr laid out his plans to Detroit residents Monday evening at Wayne State...
Tags: Financially Distressed Companies, Rick Snyder, Loans, Colleges and Universities, Credit and Debt
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Allentown's City Center gets NIZ pay day of $14.4 million
Close to half of the $31.8 million in mostly state tax dollars swept up by Allentown's arena zone last year will go to the private developer erecting an 11-story office building across Seventh Street from the arena. City Center Investment Corp. will get...
Tags: National Penn Bancshares Incorporated, Loans, Credit and Debt, House Building, Business
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Bondholders spark U.S. legal drama over Argentine debt
Collection agencies profit by buying up old debt, chasing borrowers for payment and, when all else fails, using the courts to recover as much as they can. It's a business model polished and perfected over decades of litigation. But what if the...
Tags: Ghana, Poverty, Justice System, Career and Workplace, Finance
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One step closer to obtaining funding to finish new Hedgesville public library building
matthewu@herald-mail.comThe Berkeley County Building Commission advanced a bond ordinance to second reading Thursday that would allow officials to obtain up to $700,000 in financing to complete the new Hedgesville, W.Va., public library building. The bond ordinance for the...Tags: Government, U.S. Department of Agriculture, Libraries, Arts and Culture, Loans
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NU Refreshes Its Debt With $750M In Notes
Northeast Utilities is borrowing $750 million in order to pay down other senior debt obligations as well as some of the company's more than $1 billion in short-term debt, according to filings with the Securities and Exchange Commission. After...Tags: Goldman Sachs Group, Inc., U.S. Bancorp, Berlin, Credit and Debt, Bank of New York Company
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Federal deficit shrinks at surprising rate
WASHINGTON — The federal deficit is shrinking more quickly than expected, and the government's long-term debt has largely stabilized for the next decade, the Congressional Budget Office said Tuesday in a report that could strengthen the Obama...
Tags: Gross Domestic Product, Eric Cantor, U.S. Congress, Paul Ryan, John Boehner
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Are underwater homeowners fighting losing battle?
Real Estate MattersQ: We are currently underwater on our primary home mortgage. Our mortgage has been modified twice, and all payments were added to the back of mortgage. Our loan balance was once $216,000 and now is $285,000. The home needs repairs, and we have no money...Tags: Credit and Debt, Mortgages, Chicago Mortgages, Money and Monetary Policy, Services and Shopping
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Obama to unveil budget proposal, latest offer in deficit talks
WASHINGTON — President Obama will unveil a budget proposal Wednesday that curbs spending on Social Security, raises the minimum wage, closes tax loopholes for top earners and invests in infrastructure — an overdue document that the White House...
Tags: Mitt Romney, White House, Social Security, U.S. Congress, Parties and Movements
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Enough fiddling around
Contrary to rumor, Nero did not fiddle while Rome burned. He couldn't have; fiddles did not exist in first century Rome. Far more likely, however, is that Nero lit the fire that burned nearly one-third of the city in 64 AD because he wanted to clear the...Tags: Rome (Italy), U.S. Congress, Budget Control Act of 2011, Manufacturing and Engineering, Political Fundraising
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Romeoville voters have final say in contentious mayoral race
Romeoville voters will have the final say April 9 in the village's contentious mayoral race between incumbent John Noak and former Chicago Bear Steve McMichael in one of the area's most closely watched municipal contests. The two candidates have...
Tags: Chicago Elections, Local Elections, Loans, Credit and Debt, Business
Jun 18, 2013
|Story| Tribune Media Services
Jun 11, 2013
|Story| Baltimore Sun
Jun 11, 2013
|Story| Petoskey News
May 29, 2013
|Story| Allentown Morning Call
May 27, 2013
|Story| Los Angeles Times
May 17, 2013
|Story| Herald Mail
May 15, 2013
|Story| Hartford Courant
May 14, 2013
|Story| Los Angeles Times
May 9, 2013
|Column| Tribune Media Services
Apr 10, 2013
|Story| Los Angeles Times
Mar 29, 2013
|Story| Aberdeen News
Mar 27, 2013
|Story| Chicago Tribune
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