debt

Debt is an obligation that requires one party, the debtor, to pay money or other agreed-upon value to another party, the creditor. Debt is a deferred payment, or series of payments, which differentiates it from an immediate purchase.

Source: en.wikipedia.org

Saks Says Plan to Pay Past-Due Bills Improved Vendor Relationships
Saks Says Plan to Pay Past-Due Bills Improved Vendor Relationships
April 28, 2025  |  Retail

Saks Global Enterprises reportedly told creditors that it has improved its relationships with vendors and built up its inventory since implementing a plan in February...

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Fed Stability Report Warns About Risks From Private Credit and Stablecoins
Fed Stability Report Warns About Risks From Private Credit and Stablecoins
April 28, 2025  |  Economy

Trade and tariffs may be the dominant risks to banks and corporates, but in the Federal Reserve’s latest “Financial Stability Report,” nonbank firms, leveraged debt...

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IMF Says Tariffs Could Drive Up Global Public Debt
IMF Says Tariffs Could Drive Up Global Public Debt
April 23, 2025  |  Economy

The International Monetary Fund (IMF) said Wednesday (April 23) that the world’s governments should not let their support for those impacted by tariffs add to their...

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FTC Adds Defendants in Case Alleging Unlawful Debt Relief Operation
FTC Adds Defendants in Case Alleging Unlawful Debt Relief Operation
March 28, 2025  |  Legal

The Federal Trade Commission (FTC) has added more defendants in its case against student loan debt relief operation Superior Servicing and its operator, Dennise Merdjanian. The regulator’s amended complaint added...

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Affirm’s Levchin Sees Company Becoming the American Express of Buy Now, Pay Later
Affirm’s Levchin Sees Company Becoming the American Express of Buy Now, Pay Later
March 27, 2025  |  Buy Now Pay Later

The lure of paying over time lies with the predictability of the repayment. Consumers don’t think of pay later options as credit, at least not...

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CBO Says Debt Limit Change Probably Needed by August or September
CBO Says Debt Limit Change Probably Needed by August or September
March 26, 2025  |  Debt

The Congressional Budget Office (CBO) said Wednesday (March 26) that if the debt limit is not raised or suspended, the government’s ability to borrow will...

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Synchrony: Consumers Becoming ‘More Thoughtful About Spending’
Synchrony: Consumers Becoming ‘More Thoughtful About Spending’
March 25, 2025  |  Economy

American consumers are growing more cautious about spending, according to an executive at card issuer Synchrony. In an interview with Reuters published Tuesday (March 25), Synchrony EVP and...

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60% of Treasurers See Role as Financial GPS for Transportation Sector
60% of Treasurers See Role as Financial GPS for Transportation Sector
March 12, 2025  |  Transportation

Transportation businesses rely on roadmaps, so why are they ignoring their treasury teams? Despite their role in managing cash flow, liquidity planning and risk mitigation,...

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Credit Quality Weakens Slightly Among Borrowers Owing Over $100 Million
Credit Quality Weakens Slightly Among Borrowers Owing Over $100 Million
March 10, 2025  |  Debt

The credit risk associated with large, syndicated bank loans remains moderate, although there are some continuing trends in weakened credit quality, three federal bank regulatory...

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