If Greece defaults the fear is that it will negatively impact the stability of the European Economic Community (EEC) and that will slow the economy — struggling to come out of the recession.
Winning that lottery prize would mean paying off debt first for many Metro Detroiters.
Liz Shuler says the Labor Movement has been “grappling” with staying ahead of the technology curve … and believes engaging the next generation is critical.
U.S. auto loans jumped to the highest level in eight years this spring, fueled by a big increase in lending to risky borrowers.
A judge said he will decide in two to three weeks whether bond insurers’ claims that the millions of dollars they are owed by Detroit should be considered secured debt during the city’s bankruptcy.
The Allegan generic pharmaceutical and store-brand health products maker Perrigo Co. Ltd., which moved its corporate registration to Ireland earlier this year, said it would offer debt totaling $2.3 billion with maturities in 2016, 2018, 2023 and 2043.
A local college plans to offer a new loan repayment program that will pay all or part of students’ loans if they are unable to secure a well-paying job after graduation.
Most tax filers are getting a refund after they file their 2012 return. With the average refund running about $3,000, a lot of people will be thinking about what to do with the extra cash.
A new survey has found that heavy debt is a major turnoff in romantic relationships.
Speaker John Boehner believes he holds a strong hand in fiscal cliff and debt limit talks. He is, once again, taking the global economy hostage and playing politics with the U.S. debt limit.