Tag: Credit and Debt

Corporate America Has Dodged the Damage of High Rates. For Now.

Small businesses and risky borrowers face rising costs from the Federal Reserve’s moves, but the biggest companies have avoided taking a hit.

Terminal Cancer Patient Helps Erase More Than $20 Million in Medical Debt for Others

Casey McIntyre organized a campaign that has raised nearly $220,000 since she died a week ago. The funds are expected to pay off more than $20 million in debt, an official said.

Moody’s Changes U.S. Credit Outlook to ‘Negative’

Moody’s reaffirmed America’s credit rating at the highest AAA level but expressed concern about the nation’s fiscal trajectory amid congressional dysfunction.

Fed Chair Recalls Inflation ‘Head Fakes,’ Pledges to Do More if Needed

Jerome H. Powell, the Federal Reserve chair, said officials will proceed carefully. But if more policy action is needed, he pledged to take it.