“The two things you’ll never be without: your reputation and your credit rating. You can destroy them both in an instant and spend the rest of...
I entered the corridors of Wall Street as a twentysomething greenhorn in the late 1990s.
I had a mentor at a big hedge fund on Lexington...
No matter how bullish they may be, every investor must come to terms with the fact that this bull market, the longest in postwar history, is well...
A worsening global debt trap will make it much harder, if not impossible, for the world's central banks to respond to the next major financial...
On Jan. 20, 2017, the day President Trump took office, total U.S. federal debt tallied up to a staggering $19.9 trillion, nearly double the $10.6...
(Kitco News) - World stock markets were mostly firmer overnight. U.S. stock indexes are pointed toward higher openings when the New York day...
Last week (May 3), Congress averted a government shutdown by passing a stop-gap spending bill.
But investors need to be aware the "debt...
The Puerto Rico debt crisis has reached a point where only help from Washington can save it.
As Congress considers a bill to allow Puerto...
A taxpayer bailout to keep Puerto Rico from drowning in its own debt is imminent unless Congress acts fast.
But there's one major...
Some investors have grown complacent amid the 14% recovery in U.S. equities following the worst ever start to a year.
But a stock market...
Low oil prices are sending Saudi Arabia debt levels to record highs.
Now, the Kingdom is issuing an even larger threat to one of its...
The Saudi Arabia debt crisis has already reached critical mass.
But a report just came out this week showing how one crucial component...
Foreign governments buy U.S. debt because of its status as the world’s reserve currency – the American economy has long been viewed as a safe...
With a national debt of $18.4 trillion, you'd think that tracking down and eliminating wasteful government spending would be more of a U.S....
The world is awash in debt, and it's simply unsustainable. As worldwide debt levels keep setting new records, there's no chance...
The long-anticipated Puerto Rican debt crisis just kicked into full gear...
The island revealed Aug. 3 it made only $628,000 (1%) of a ...
The dollar is a weapon, built up by the U.S. debt to foreign nations and protected by U.S. military might.
But the U.S.'s financial foes...
Debt is the proverbial double-edged sword, offering access to costly assets, but sometimes driving overleveraged borrowers into...
The Greek debt crisis is the single-most important thing happening in the markets right now. We've got three scenarios showing how it could...