Oracle's fiscal 3Q to provide gauge on technology
Oracle's latest quarterly earnings should provide a peak at just how confident companies have become in the economy by their willingness to spend money on new technology.
Business
Mar 19, 2012
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News tagged with government debt
Child support forgiveness programs can be effective in reducing debt
Sometimes getting something is better than nothing. That's the aim of a pilot program that allows parents with large child support debts to reduce their overall debt if they pay back at least some of what they owe in child ...
Social Sciences
Dec 7, 2011
4
1
Three reasons a weak pound is bad news for the environment
The day before new U.K. chancellor Kwasi Kwarteng's mini-budget plan for economic growth, a pound would buy you about $1.13. After financial markets rejected the plan, the pound suddenly sunk to around $1.07. Though it has ...
Economics & Business
Oct 3, 2022
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13
Big student loan forgiveness plan announced by Biden
President Joe Biden on Wednesday announced detailed plans to deliver on a campaign promise to provide $10,000 in student debt cancellation for millions of Americans—and up to $10,000 more for those with the greatest financial ...
Economics & Business
Aug 24, 2022
1
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Student loans linked to greater harm for parents who borrow for their children than people who borrow for themselves
When people take out student loans for themselves, certain risks are involved. The debt can negatively affect a person's mental, emotional and even physical well-being. It can also harm a person's financial well-being.
Economics & Business
Dec 20, 2021
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8
Debt crises: Politics determine how developing countries borrow
Interest payments on bilateral official debt were frozen in some of the world's poorest countries this year and in 2020 to alleviate the economic impacts of COVID-19.
Economics & Business
Aug 5, 2021
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2
The UK government's COVID spending may lead to inflation
The UK government is spending an enormous amount on COVID-19 - supporting the health service, helping to relieve the suffering of those who have lost their incomes, and helping businesses keep afloat.
Economics & Business
Nov 27, 2020
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8
Trillions in coronavirus spending is putting AOC's favorite economic theory to the test
French philosopher Voltaire famously quipped: "If God did not exist, it would be necessary to invent him." Something similar can be said of modern monetary theory, also known as MMT, because it may be the economy's only hope ...
Economics & Business
Aug 12, 2020
1
21
Paying for coronavirus will have to be like war debt – spread over generations
The macroeconomic shock to the world economy from the COVID-19 pandemic is arguably unprecedented in modern times. The financial response by governments of the major economies has been substantial.
Economics & Business
Jun 11, 2020
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The US owes $23.5 trillion but can still afford a big coronavirus stimulus package
The U.S. government now owes over US$23.5 trillion in debt, or about $71,000 for every man, woman and child living within its borders. It has risen $3 trillion since President Trump took office in 2017 and is almost double ...
Economics & Business
Mar 19, 2020
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