Federal Debt Ceiling is our nation's 'credit card' limit."What you need to know about the federal debt ceiling, and why you should care" PBS NewsHour 9/7/2017ExcerptSUMMARY: An agreeme… Read More
DAI is a USD-pegged stablecoin based on the Ethereum blockchain and is completely decentralized. Its $1 USD proportional is kept up through programmed estimating components incorporated wit… Read More
The Treasury Department will begin conducting Emergency Cash-Conservation steps, on Monday, to avoid Busting the Federal Borrowing Limit, after a Two-year Suspension of the Debt Ceiling Expi… Read More
Treasury Secretary, Janet Yellen, said she favors Removing the Debt Ceiling from Congress' Control.
She has warned the U.S. has until Oct. 18th to Raise Spending Limits, or Extend it, or f… Read More
President Biden, on Thursday, signed a Bill raising the Debt Ceiling by $2.5 Trillion, narrowly averting Default on the Nation’s Debt.
The Measure Passed the Senate Tuesday afternoon… Read More
Yellen warns of 'economic chaos' unless Congress raises the debt ceiling
The post Yellen warns of ‘economic chaos’ unless Congress raises the debt ceiling appeared first on Balan… Read More
President Joe Biden sounded optimistic about the odds of reaching a deal with Republicans to raise or suspend the debt limit in time to avoid economic fallout from even a potential U.S. debt… Read More
After Republican negotiators walked out of the room and blamed the White House for holding up discussions, talks over raising the debt limit abruptly came to a halt Friday on Capitol Hill. F… Read More
House Speaker McCarthy says that the negotiations over the debt ceiling can't resume until President Joe Biden returns from his trip to Japan. The negotiations have been on-again, off-again… Read More
House Speaker Kevin McCarthy has said that "decisions have to be made" at his meeting with President Joe Biden later in the day at the White House, with only 10 days to go until the US risks… Read More
Negotiations between the White House and House Republicans over raising the US debt limit have hit a snag over disagreement on baseline spending. The eight-day deadline before the government… Read More
Negotiators are closer to reaching a deal on raising the US debt ceiling with only seven days to go before the country faces an imminent threat of debt default. Talks are in a delicate and d… Read More
The Biden administration has announced its new plan to cancel student debt after its original policy was struck down by the Supreme Court. The U.S. Department of Education has released its a… Read More
Shares of UK's Metro Bank rose 26% after the lender secured a £325 million capital raise and £600 million in debt refinancing. The capital raise includes £150 million of ne… Read More
Chinese property giant Country Garden Holdings has missed a HK$470 million ($60 million) loan repayment and warned that it may not be able to repay all of its creditors. The company has abou… Read More
Investing can be overwhelming, especially with countless strategies to choose from. However, implementing a simple investment strategy can be a smart approach for both novice and experienced… Read More
Kenyan President William Ruto has arrived in Beijing to participate in the Belt and Road Forum for International Cooperation. The forum, celebrating the 10th anniversary of the Belt and Road… Read More
The IMF member states have agreed to increase their contributions and give Africa a third seat on its Executive Board. The annual meetings of the IMF and World Bank in Morocco aimed to boost… Read More
Davido recently engaged in a Twitter conversation where he addressed his uncle’s effectiveness as the governor of Osun State.
This conversation arose after a Twitter user shared a deta… Read More
Nigeria has unveiled its 2024 budget of 26.01 trillion naira ($34 billion), assuming an oil price of $73.96 per barrel and an exchange rate of 700 naira per dollar. The budget allocates 8.25… Read More
The World Bank has approved a new vision statement that acknowledges its mission to combat climate change and alleviate global poverty on a "livable planet." However, critics argue that the… Read More
This news article discusses three famous works of art and reveals some disturbing facts about their creation. Firstly, the Sistine Chapel's ceiling was painted by Michelangelo while lying on… Read More
Nigerian billionaire, Mike Adenuga has lost a staggering $300 million.
This is according to a report by Nairametrics.
The report stated that the Chairman of Conoil and the founder of Globaco… Read More
Nigerian online activist, Martins Vincent Otse famously known as VeryDarkMan has finally addressed musician Davido’s alleged debt and the eventual fall out with Abu Salami.
It should b… Read More
Nigerian businessman, Abusalami has exposed singer, Davido over N218million debt.
The man took to his Instagram page to call out the singer.
He alleged that the renowned musician betrayed th… Read More
Nigerian singer, Davido has been slammed by self-acclaimed “dragger of celebrities”, and actress Jenny Gaga.
She slammed Davido for owing the businessman, Abu Salami millions of… Read More
Nigerian controversial and self acclaimed relationship expert, Blessing CEO, lease shocking revelations about IVD to the public, amidst their brawl.
We reported that the trio of Davido, IVD… Read More
Debt Collective and the Rolling Jubilee Fund have canceled $10 million in student loan debt for nearly 3,000 students at Morehouse College in Atlanta. The debt was purchased for one-and-a-qu… Read More
According to a new poll by The Associated Press-NORC Center for Public Affairs Research, about two-thirds of Americans say their household expenses have increased over the past year, while o… Read More
Popup Bagels, a mom-and-pop bagel shop chain, has raised $8 million in a Series A funding round led by Stripes, with participation from Habitat Partners and Tastemaker Capital. The founder… Read More
Former singer, Samklef, has sparked reactions as he officially debuts his podcast show, where he intends to delve into the topic of Davido.
Notably, Samklef has been relatively inactive in t… Read More
The European Union is facing a standoff over new debt rules, and Italy's bond market may be the most impacted. The EU member states have been in disagreement over the new rules for months, a… Read More
China's high-level financial meeting signaled support for property developers and resolving local government debt problems. Policymakers emphasized treating private and state-owned property… Read More
Former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been given a deadline of January 25, 2024, to appear in court and explain the circumstances surrounding a $53 milli… Read More
The Federal Reserve has chosen to hold interest rates steady at a target range of 5.25%-5.5% for the second consecutive meeting, despite a growing economy and inflation above the central ban… Read More
The US Treasury Department plans to increase the size of its auctions to manage its growing debt load and rising financing costs. The department will auction $112 billion in debt next week… Read More
Seyi Makinde of Oyo State has been taken to court by some students and parents of Ladoke Akintola University of Technology (LAUTECH) Ogbomoso regarding the relocation of the Faculty of Agric… Read More
Relationship expert, Blessing Okoro Nkiruka, better known as Blessing CEO appears to be at the centre of another controversy as she reportedly gets petitioned by the music star, Davido.
Goss… Read More
The Nitish Kumar government in Bihar has passed a bill to provide 65% reservation to OBCs, EBCs, SCs, and STs in government jobs and educational institutions, breaching the Supreme Court's 5… Read More
China's consumer prices fell by 0.2% in October, indicating an uneven post-Covid recovery in the country. This decline was larger than expected and follows a flat CPI in September. Producer… Read More
Kenya's President William Ruto defended his government's tough economic measures in his State of the Nation address, stating they were necessary to address the country's financial challenges… Read More
The article discusses the Jada Koppu Kolatam, a rare folk art form celebrated during the Dussehra and Diwali festivals in Telangana's Adilabad district. Artists gracefully dance while wieldi… Read More
Moody's Investors Service has lowered its ratings outlook on the United States government from stable to negative, citing rising risks to the nation's fiscal strength and political polarizat… Read More
Shares of ed-tech company 2U plummeted 57% and fell below $1 after a disappointing forecast and reports of universities terminating their contracts. The company reported a net loss of $47.4… Read More
Moody's warning about the massive US debt burden did not have a significant impact on the markets this month. The ratings agency lowered its ratings outlook on Treasuries due to high levels… Read More
Cambodian authorities have evicted 40,000 people from the Angkor temple complex since 2022, claiming the need to protect the UNESCO World Heritage site, according to Amnesty International. T… Read More
According to a Nomura report, the size of unfinished, pre-sold homes in China is about 20 times the size of property developer Country Garden. There are estimated to be around 20 million uni… Read More
Rapper Idowest has openly lambasted Dammy Krane, his former record label head, in a candid disclosure. His complaints come from what he views as a lack of assistance throughout his tenure un… Read More
European Central Bank President Christine Lagarde has warned that the global economy is fragmenting into competing blocs, with Europe facing deglobalization, demographics, and decarbonizatio… Read More
Last Edited On December 22, 2023
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Best Beach Resorts (#75-50)75) The Brando, Tahiti74) Soneva Kiri, Thailand73) Rosewood Mayakoba, Playa del Carmen, Mexico 72) Four Seasons Resort Ma… Read More
This massive grocery store is now shutting its doors soon at a historic location which has operated for over 60 years.
The Giant Food store on Langston Boulevard in Arlington, Virginia w… Read More
A big appliance company now files an unexpected bankruptcy after racking up a whopping $832 million in debt, sources report.
Appliance component manufacturer Robertshaw U.S. Holdings fil… Read More
This massive entertainment company is now laying off 900 workers, or 8% of the units global employees, sources report.
Sony on Tuesday said it will lay off about 900 employees in its Pla… Read More
This massive department store will now close 150 stores for good as the company battles with plunging sales, sources report.
Macy’s has announced that 150 stores are set to close o… Read More
A massive logistics company now files for bankruptcy in California as it plans to liquidate after listing up to $10 million in liabilities.
Freight forwarder company Boateng Logistics has… Read More
A giant Amazon seller now declares an unexpected bankruptcy, part of a restructuring agreement with lenders to slash its debt.
Walpole, Massachusetts-based Thrasio is asking the court to… Read More
Another tech company is now laying off 350 employees to help drive stronger operating leverage and align with “future strategic priorities.”
Bumble announced on Tuesday plans… Read More
A beloved fast food chain now files an unexpected bankruptcy after claiming between $10 and $50 million in debt.
Before the pandemic, Wild Wing Café had plans to triple in size to… Read More
This massive bank is now cutting 286 jobs which will take effect before May 3rd according to the latest WARN filings.
The staff cuts, set to take effect before May 3, encompass 239 emplo… Read More
A massive essential store now continues to close in Ohio after the company filed an unexpected bankruptcy just last October.
Last year, Rite Aid filed for bankruptcy in October after inc… Read More