Rising Student Debt Hurts Housing and Consumer Spending

Rising Student Debt Hurts Housing and Consumer Spending

Rising Student Debt Hurts Housing and Consumer Spending Rising student loan debt looks to harm the overall US economy, especially home ownership and consumer spending, a top Federal Reserve official said Monday. The rising debt also might erode colleges’ and universities’ ability to elevate lower-income students. New York Fed President William Dudley cited research from […]

US Student Loan Debt Reaches $1.31-T

US Student Loan Debt Reaches $1.31-T

US Student Loan Debt Reaches $1.31-T Student loan debt in the United States stands at $1.31-T, far more than Americans’ total outstanding credit card balance of $779-B. The Federal Reserve Bank of New York calculated the numbers and released a report that includes debt data through the end of 2016. Other Key figures in the […]

Oman’s State Oil (PDO) Raises $4-B or Projects

Oman’s State Oil (PDO) Raises $4-B or Projects

Oman’s State Oil (PDO) Raises $4-B or Projects $JPM, $HHBC, $ING The amount raised will be used to finance construction of new facilities Petroleum Development Oman (PDO), the country’s top Oil & Gas exploration and production company, has obtained a $4-B loan from international banks, as low Crude Oil prices strain state finances. The 5-year […]