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CNNMoney

Georgia governor candidate Stacey Abrams is $200000 in debt. She's not alone
CNNMoney
Her Fortune commentary argues her debt load should not disqualify her. "I suspect my situation will sound familiar to others who are the first in their families to earn real money," Abrams said. She grew up what she describes as "genteel poor." When ...
$96K in student debt, and a chance to be nation's first black female governorCredible News (blog)

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The Verge

Automatic savings app Digit can now pay off credit card debt for you ...
The Verge
Automatic savings mobile app Digit is expanding its services, adding the option to let users pay off credit card debt with money in their Digit account, as reported by TechCrunch. To try out the new feature, called Digit Pay, users create a “credit ...
Mobile Savings App Digit Gets Into Credit Card Debt PaymentsPYMNTS.com

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Bloomberg

The most expensive takeover in retail is drowning in debt Bloomberg
Bloomberg
PetSmart's owners thought embracing e-commerce would keep it competitive in the age of Amazon.

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Bloomberg

Goldman Joins Barclays, Citigroup on Structured Debt Platform
Bloomberg
Goldman Sachs Group Inc. is joining its peers on a platform for structured notes run by a group of global banks, including JPMorgan Chase & Co. and Citigroup Inc. The New York-based bank will offer clients so-called repack bonds issued through a ...

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Bloomberg

Hedging Costs at '09 High Drive Korea Insurers to Local Debt
Bloomberg
South Korean insurers are increasingly looking at long-dated bonds at home as rising hedging costs hurt their appetite for foreign assets, putting downward pressure on lengthier won debt yields. Shinhan Life Insurance Co. has been buying long debt at ...

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Brookings Institution (blog)

Low-income country debt: Déjà vu all over again?
Brookings Institution (blog)
Finance ministers attending the recent Spring Meetings of the International Monetary Fund and World Bank clearly heard the alarm that Indermit Gill and Kenan Karakülah sounded on African debt: The only topic for discussion at the Development Committee ...

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UPDATE 1-BoE's Brazier says corporate debt bears close scrutiny
Reuters
LONDON, April 26 (Reuters) - Developments in the corporate debt market need careful scrutiny to check whether banks are resilient to any price adjustments, a senior Bank of England official said on Thursday. “It's reassuring that easy conditions in ...

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Happy birthday, America's $1 trillion student-debt problem ...
MarketWatch
Activists mark April 25, 2012, as the day outstanding student debt surpassed $1 trillion.

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Reuters

Fiat Chrysler cuts debt by more than expected
Reuters
MILAN (Reuters) - Fiat Chrysler Automobiles (FCA) (FCHA.MI) reduced its debts by more than expected in the first quarter, putting the carmaker well on course to become cash positive later this year. FILE PHOTO: Sergio Marchionne, CEO, Fiat Chrysler ...
Fiat Chrysler reports rise in profit and drop in debtVirginian-Pilot
Fiat Chrysler surprises with more aggressive debt cut in first quarterKFGO

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NerdWallet (blog)

How I Ditched Debt: An Olympian's Medal-Worthy Juggling Act
NerdWallet (blog)
What was your total debt when you started your repayment journey, and what is it now? When I finished eight years of full-time Olympic speedskating, I had 17 credit cards carrying $87,000 in credit card debt, a $30,000 student loan from Stanford, and a ...

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