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Debt

Rising credit card delinquency seen as tied to climbing interest rates

by Aaron Schrank
May 22, 2018
U.S. household debt hit a record $13.2 trillion in the first quarter of 2018, but Americans seem to be handling it okay. Consumer debt levels are stabilizing, according to The New York Fed’s quarterly household debt report. But rising interest rates seem to be squeezing household finances in at least one area: credit card debt. […]
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Economics of Disaster

Puerto Rico governor says to people in informal housing "It's time to go"

by Danielle Chiriguayo
Apr 27, 2018
We check in with Gov. Ricardo Rosselló on housing, education, pensions, and who is actually in charge.
Puerto Rican Gov. Ricardo Rosselló in his office in San Juan in 2018.
Peter Balonon-Rosen/Marketplace
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Why democratic leaders can't deliver long-term economic growth

by Kai Ryssdal , Bridget Bodnar and Josie Fan
Apr 24, 2018
Political leaders tend to favor short-term policies.
Storm clouds fill the sky over the U.S. Capitol Building, June 13, 2013 in Washington, DC.
Mark Wilson/Getty Images
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Is a country's economic growth inherently tied to democracy?

by Dambisa Moyo
Apr 23, 2018
An excerpt from economist Dambisa Moyo's book, "Edge of Chaos."
The US Capitol in Washington, DC, on April 19, 2018.
DANIEL SLIM/AFP/Getty Images
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Seven months after Hurricane Maria, Puerto Rico is still recovering

by Kai Ryssdal
Apr 19, 2018
The island will close more than 200 schools following a sharp drop in enrollment.
Teachers participate in a one-day strike against the government's privatization drive in public education in San Juan, Puerto Rico, on March 19.
RICARDO ARDUENGO/AFP/Getty Images
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Arkansas debates where to draw the line on debt collection for probationers

by Sarah Whites-Koditschek
Apr 11, 2018
One private probation company presses the question in Eastern Arkansas.
Ian Waldie / Getty Images
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We're heading toward trillion-dollar deficits. Here are 5 things you need to know.

by Kimberly Adams
Apr 10, 2018
The Congressional Budget Office says deficits will nearly equal GDP by 2028. That can't be good, right?
The early morning sun strikes the U.S. Capitol in Washington, D.C. 
Photo by Win McNamee/Getty Images
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How Elizabeth Warren learned personal bankruptcy isn't a rich people problem

by Jana Kasperkevic
Apr 10, 2018
Personal bankruptcy is a middle-class problem, says Sen. Elizabeth Warren.
Sen. Elizabeth Warren (D-MA) listens to testimony from witnesses during a Senate Banking, Housing and Urban Affairs Committee hearing.
Drew Angerer/Getty Images
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What happens when a hospital sells its debt?

by Miles Bryan
Apr 9, 2018
More hospitals across the country are selling debt from unpaid medical bills to collection agencies.
Joe Raedle / Getty Images
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Can income share agreements solve the student debt problem?

by David Brancaccio
Apr 9, 2018
For those who graduated in 2004, student loan default rates will approach 40 percent.
Students pull a mock 'ball & chain' representing the $1.4 trilling outstanding student debt at Washington University in St. Louis, Missouri, where second presidential debate will be held between Republican nominee Donald Trump and his Democratic counterpart Hillary Clinton.
PAUL J. RICHARDS/AFP/Getty Images
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