WASHINGTON (Reuters) - Americans' debt level rose during the third quarter, driven by an increase in mortgage loans, according to a Federal Reserve Bank of New York report published on Tuesday. (Reuters US News) More
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Posted on 17 November 2017 | 11:43 pm | Google News
How Indebted Are Americans, Really? The Answer Will Surprise You
Debt-to-GDP ratios, for example, have their uses, but measuring a level (debt) against a flow of economic activity (GDP) isn't keeping like with like. Better, in our view, to weigh debt against assets ... Mortgage loans comprise less than half of ...
Posted on 17 November 2017 | 1:06 pm | Google News
Energy company bankruptcies plunge as oil prices rise
Energy company bankruptcies plunge as oil prices rise ..... This year, the amount of debt involved in oil-producer bankruptcies reached $5.6 billion, compared to $56.8 billion in 2016, the worst year of the downturn, according to Haynes and Boone, a ...
Posted on 17 November 2017 | 11:15 am | Google News
Griffin-American Healthcare REIT III Reports Third Quarter 2017 Results
"Most importantly, our portfolio continues to perform very well, with high occupancy in both our RIDEA2 and non-RIDEA segments, enviable average remaining lease term, and low portfolio-level debt." Chief financial officer Brian Peay added, "During the ...
Posted on 16 November 2017 | 5:32 pm | Google News
Americans waiting on a raise, run up debt
"While the economy continues to improve, it's disappointing that Americans' wages have not," said Greg McBride, Bankrate's chief financial analyst. "Though younger workers are experiencing career advancement, older Americans are hampered by stagnant ...
Posted on 16 November 2017 | 6:41 am | Google News
America's debt is surging, and some of the riskiest borrowers are struggling to pay back
Given Americans' ceaseless urge to borrow and spend, household debt in the third quarter surged by $610 billion, or 5%, from the third quarter last year, to a new record of $13 trillion, according to the New York Fed. If the word “surged” appears a lot ...
Posted on 15 November 2017 | 7:33 pm | Google News
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