Credit and Debt – Page 6

China’s Biggest Homebuilder Fights to Survive as Economic Crisis Deepens

Once considered a survivor of China’s real estate turmoil, Country Garden is now at the center of the crisis and threatens the broader economy.

The spillover to America will be surprisingly small.

The end of the payment pause means Americans in this age group will once again have to juggle paying off debt while trying to save for older age.

Federal Reserve officials raised interest rates at their July 26 meeting, but investors doubt that they will lift them again this year.

The trucking company, which has filed for bankruptcy protection, owes more than $700 million to the Treasury Department.