Debt

Obama and investors get creative to avoid default Fallback Image Decorative pattern

Economic Indicators

Obama and investors get creative to avoid default

President Barack Obama and investors are considering some bizarre tactics to avoid a default that would spark a market meltdown, reports the Wall Street Journal.

By Staff |October 11, 2013

1 min read

Republican happy with shutdown as U.S. veers toward downgrade Fallback Image Decorative pattern

Economic Indicators

Republican happy with shutdown as U.S. veers toward downgrade

Florida Congressman Ted Yoho is part of the conservative voting bloc that pushed the government into a shutdown last week.

By Staff |October 10, 2013

1 min read

U.S. social programs must be reformed, says report Fallback Image Decorative pattern

Economic Indicators

U.S. social programs must be reformed, says report

The U.S. government must increase the legal debt ceiling for the thirteenth time since 2002.

By Staff |October 7, 2013

2 min read

Woman collects debt by winching car onto roof Fallback Image Decorative pattern

Economic Indicators

Woman collects debt by winching car onto roof

A Chinese woman angry that her son-in-law hadn’t paid back a debt had his Audi lifted into the roof to get his attention, Yahoo reports.

By Staff |October 4, 2013

1 min read