Wednesday, February 8, 2023

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QuoteWizard: R.I. sees largest credit card delinquency decline in U.S. in...

PROVIDENCE – Rhode Island saw one of the largest drops in credit card delinquency rates nationwide during the first part of the COVID-19 pandemic,...

The morality of canceling student debt

President-elect Joe Biden promised to forgive at least some student debt during his campaign, and he now supports immediately canceling $10,000 per borrower as...
ACCESS DENIED: Visitors to the N.Y. Department of Labor are turned away at the door by personnel due to closures over coronavirus concerns on March 18. The coronavirus pandemic has hurt many households financially, but there are ways to get some relief. / AP FILE PHOTO/JOHN MINCHILLO

A guide to surviving financially as the bills come due

The coronavirus has dealt a financial blow to millions of Americans and now April’s bills are coming due. The good news is there is help...

Survey: Most Americans dip into savings

PROVIDENCE – More than half of the 1,029 Americans who answered a recent online survey admitted to tapping into their retirement savings account early. The...

Report: Private market for student loans is ‘exploding’

PROVIDENCE – The private market for student loans has “exploded” in recent years, as there is now about $102 million in private student loan...

There’s nothing wrong with stronger banks

Must a safer banking system inevitably be less dynamic? Judging from the experience of the U.S. and Europe since the 2008 financial crisis, not...

U.S. can take on a lot more debt

For many years, respected macroeconomists scolded countries that failed to reduce their debt levels. The International Monetary Fund, whose job it is to lend...
U.S. DEBT was a record $21.9 trillion to start the week. / BLOOMBERG NEWS

Federal debt is surging at fastest pace since 2012

NEW YORK - United States government debt is on track this year to rise at the fastest pace since 2012, as a stronger economy fails...
THE U.S. TREASURY Department said government borrowing this year will more than double from 2017 to $1.34 trillion in 2018. / BLOOMBERG NEWS

Treasury sees 2018 borrowing needs surging to $1.34T

NEW YORK - The U.S. Treasury Department said government borrowing this year will more than double from 2017 to $1.34 trillion as the Trump administration...

Will 2018 be the year Rhode Island voters take a stand...

“Embarrassing,” is how R.I. Department of Education Commissioner Ken Wagner described the state of local public elementary, middle and high schools. “When I visit a...
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