“ Backed by the full faith and credit of the federal government, U.S. Treasuries bonds have long been viewed as the gold standard in safe investments. In times of uncertainty, economic downturns, or full-blown crises, investors have flocked to Treasuries as a haven. But what if actual gold is the new gold standard for a … Read more
“ Prior to the arrival of global finance leaders in Washington, the International Monetary Fund has already advised them to start tightening their budgets. With the US election just two weeks away and the recent global inflation crisis still fresh in everyone’s minds, ministers and central bankers gathering in Washington are facing increasing pressure to … Read more
Spirit Airlines is facing financial challenges as it approaches a deadline to refinance over $1.1 billion in debt. The airline’s shares closed at a new low on Friday, falling by approximately 3% to less than $1.50 per share. The company had extended the deadline with U.S. Bank to Monday, after initially setting it for September. … Read more
Elizabeth and her husband found themselves in a tough financial situation when they filed for Chapter 13 bankruptcy to manage their growing debt. Unfortunately, their decision led to even more debt and regret. Elizabeth admitted to making some poor choices out of panic, resulting in a total debt of $91,000 and struggling to afford their … Read more
Global economies face a period of lackluster growth and pressure from rising debt piles, the head of the International Monetary Fund (IMF) has warned. In an assessment that may chime with Chancellor Rachel Reeves as she ponders her first budget, managing director Kristalina Georgieva warned that growth will not deliver the tax revenues required to … Read more