Latest Debt and bond markets News

Editorial Roundup: Pennsylvania

Jan. 12, 2022 16:27 PM EST

Philadelphia Inquirer. January 10, 2022. Editorial: To help Pennsylvanians, Biden must alleviate student loan debt Fourteen percent of people in our state carry student loan debt. Forgiving those debts could be a game changer for Pennsylvania residents. ...

GOLab secures financing for construction at Madison mill

Dec. 30, 2021 16:58 PM EST

MADISON, Maine (AP) — Belfast-based GO Lab has secured the $85 million in financing needed to begin transforming the former Madison Paper Industries mill. GO Lab intends to produce three types of wood-fiber insulation, employing 120 people at the Madison mill. The...

Editorial Roundup: Missouri

Dec. 21, 2021 16:05 PM EST

___ Kansas City Star. December 20, 2021. Editorial: Mad at Manchin? Kansas’ and Missouri’s senators vote against the people all the time Democratic Sen. Joe Manchin is catching all the heat for refusing to support the Biden administration’s...

Editorial Roundup: Kansas

Dec. 21, 2021 15:48 PM EST

Topeka Capital-Journal. December 21, 2021. Editorial: Kris Kobach culpable for $1.9M in attorney fees over failed voting law, but others to blame as well Good news: Kansas is projected to have a budget surplus of $2.9 billion. Bad news: Kansas is on the...

Text of the Federal Reserve's statement after its meeting

Dec. 15, 2021 14:17 PM EST

WASHINGTON (AP) — Below is the statement the Fed released Wednesday after its policy meeting ended: The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability...

Congress sends Biden $2.5T debt limit hike, avoiding default

Dec. 15, 2021 01:38 AM EST

WASHINGTON (AP) — Congress averted a catastrophic debt default early Wednesday morning after Democratic majorities in both chambers voted to send a $2.5 trillion increase in the nation's borrowing authority to President Joe Biden over lockstep Republican opposition. Capping a...

Congress sends Biden $2.5T debt limit hike, avoiding default

Dec. 15, 2021 00:37 AM EST

WASHINGTON (AP) — Congress averted a catastrophic debt default early Wednesday morning after Democratic majorities in both chambers voted to send a $2.5 trillion increase in the nation's borrowing authority to President Joe Biden over lockstep Republican opposition. Capping a...

Congressional leaders reach deal to hike debt limit

Dec. 08, 2021 07:44 AM EST

WASHINGTON (AP) — Congressional leaders reached an elaborate deal Tuesday that will allow Democrats to lift the nation’s debt limit without any votes from Republicans, likely averting another last-minute rush to avoid a federal default. Hours later, the House passed legislation overwhelmingly...

NC Duke Energy customers see bill uptick due to storm costs

Dec. 02, 2021 18:43 PM EST

CHARLOTTE, N.C. (AP) — Duke Energy electric customers in North Carolina will see a new line-item charge on their bills to repay $1 billion in special bonds the company issued last week to repay the company for its infrastructure repairs after 2018 and 2019 storms. ...

New Mexico recoups $24 million in mortgage-crisis settlement

Nov. 22, 2021 23:10 PM EST

SANTA FE, N.M. (AP) — New Mexico's public pension and investment funds will receive $24 million from several major financial institutions to resolve a lawsuit over mortgage-backed securities and the financial crisis more than a decade ago, state prosecutors said. New...