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CNBC

GE can cut debt, improve valuation by 2020, UBS says: 'It won't be quick, and it is likely to be volatile'
CNBC
UBS said General Electric will be able to reduce its debt "to far more acceptable levels by 2020," despite fears the industrial conglomerate's bonds could soon become junk-rated. That debt is "far and away" the most pressing concern for GE investors ...
GE can cut debt, improve valuation by 2020, UBS analyst saysSeeking Alpha

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Economists including Stiglitz recommend up to 73% Puerto Rico debt write-down
MarketWatch
Nobel Prize winning economist Joseph Stiglitz says Puerto Rico's current debt position is “unsustainable” and has an idea how much debt relief is necessary to restore sustainability, in a new study with Columbia University colleague Martin M. Guzman ...



News 12 Long Island

David's Bridal files for bankruptcy after falling victim to debt and competition
MarketWatch
Wedding gown emporium David's Bridal has filed for chapter 11 bankruptcy protection. The company was acquired by private-equity firm Clayton Dubilier & Rice LLC in 2012 for $1.05 billion, and has since come under debt pressure. Last week, the company ...
David's Bridal files for bankruptcy to address long-term debtNews 12 Long Island
David's Bridal Is Filing For BankruptcyCBS Sacramento

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Dayton Daily News

Springboro budgets to save $700K on debt payments
Dayton Daily News
The Springboro City Council has passed its 2019 budget and a five-year capital investment plan this month, setting the stage for the city government to save $700,000 in interest payments in coming years, according to staff projections. The city decided ...

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Bloomberg

Corporate America's Debt Boom Looks Like a Bust for the Economy
Bloomberg
Non-financial corporate debt stands at 45.6 percent of gross domestic product, near the highest in post-war record keeping. Despite that, non-residential investment -- a broad category in the national accounts that includes everything from office ...

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New York Times

Eliminating All Student Debt Isn't Progressive
New York Times
One idea that's started making the rounds is the elimination of all student debt. Major publications have published columns promoting the idea. Almost 20 House Democrats have signed on to a bill — written by Jared Polis, Colorado's governor-elect ...

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ABC Action News

ABC Action News pays off $1.6 million in medical debt for people in Tampa Bay
ABC Action News
TAMPA BAY, Fla. — Medical debt plagues millions of Americans, including one in three families in the Tampa Bay area. Health policy experts say medical debt shatters the lives of patients and their families. It's the cause of more than half of all ...



DSNews.com

Measuring Debt
DSNews.com
Household debt has risen by $219 billion as of Q3 2018, according to the latest Quarterly Report on Household Debt and Credit from the Federal Reserve Bank of New York. This is the 17th consecutive quarter with an increase, and the total is now $837 ...
American Household Debt Surpasses Its Peak In 2008 By Nearly A Trillion DollarsThe Daily Caller

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Junk bonds — no longer 2018's darling — flip to red as the corporate debt climate deteriorates
MarketWatch
Resilient to the Federal Reserve's rate hikes and stock market turmoil, high-yield debt finally succumbed to slumping oil prices and mounting fears over the sustainability of hefty debt loads among corporations. Issuers of high-yield corporate bonds ...

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Bloomberg

NYC Prep School Debt Boom Leaves Italian Academy in Crisis
Bloomberg
Less than two years later, La Scuola d'Italia defaulted on the $80 million of debt it took out to purchase and renovate the building and handed over the keys to Rosemawr Management LLC, a municipal bond investment firm that lent the school the money.

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