Americans are racking up more credit card debt as still-high inflation and steep interest rates continue to make the cost of everyday necessities more expensive.  The New York Federal Reserve Bank’s Quarterly Report on Household Debt and Credit, slated for release on Tuesday morning, is expected to show that credit…

The Apollo Senior Floating Rate Fund (NYSE:AFT) stood out to me because of its floating-rate nature. I think too few income funds are structured like this, and the high yield it brings is interesting, considering the credit quality of its assets. I therefore decided to take a deeper look and…

Nikki Haley has applied for US Secret Service protection because of threats she is facing as the only remaining GOP presidential candidate competing with former President Donald Trump for the party’s nomination, Haley’s campaign spokesperson confirmed to CNN. The campaign did not detail when the request was made. There were reports of…

U.S. companies have enjoyed a record borrowing blitz in January as financial markets rally in anticipation of a Federal Reserve pivot to rate cuts, except for a notable batch of “forgotten” issuers, according to BofA Global. A record $174.1 billion of investment-grade corporate-bond supply has been issued already this month,…

Oil futures fell on Tuesday to end the first trading session of the new year lower, giving up the sharp gains seen in early morning after an Iranian warship entered the Red Sea — heightening tensions and fears of potential crude-supply disruptions caused by attacks on shipping vessels by Iran-backed…

In 2007, my now ex-husband and I bought a home, where we lived as a family with our two boys for just a few years before we divorced in 2009. I refinanced the house in my name, and have paid the mortgage and utilities as a single parent ever since. …

The numbers: The number of Americans who applied for unemployment benefits at the end of January rose to a nearly three-month high of 224,000, possibly a sign of some softening in what’s been an incredibly strong labor market. Initial jobless claims increased by 9,000 in the seven days ended Jan.…

© Reuters. FILE PHOTO: A scientist looks at scans of brains at the Memory Centre at the Department of Readaptation and Geriatrics of the University Hospital (HUG) in Geneva, Switzerland, June 6, 2023. REUTERS/Denis Balibouse/File Photo By Julie Steenhuysen and Andrew Silver CHICAGO/SHANGHAI (Reuters) – Japan’s Eisai aims to roll…

MEXICO CITY (Reuters) – Mexico President Andres Manuel Lopez Obrador presented constitutional reforms in a speech on Monday, which is celebrated as Constitution Day nationwide. “The reforms that I propose seek to establish constitutional rights and strengthen ideals and principles related to humanism, justice, honesty, austerity and democracy,” he said…

By Devayani Sathyan BENGALURU (Reuters) – Most emerging-market currencies are set to regain their recent strength later this year after some near-term paralysis as expectations of interest-rate cuts by the U.S. Federal Reserve keep the dollar in check, a Reuters poll found. These currencies have popped higher in the past…