What the Thomas Cook collapse means for customers and investors | FT

The collapse of Thomas Cook has ruined the livelihoods of 21,000 staff working for the troubled travel company who now stand to lose their jobs and disrupted the holidays of hundreds of thousands of customers. The British government has launched Operation Matterhorn, the biggest peacetime repatriation of UK citizens, which will fly 150,000 British holidaymakers […]

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Why China’s US Debt Holdings Are Its ‘Nuclear Option’ In Trump’s Trade War

So the U.S. China trade dispute is essentially about fairness. The U.S. has long complained that they’re not treated fairly by the Chinese that it costs too much to send American products into China. And along with that the US does not charge enough for Chinese products that come into the US. Now this has […]

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Student Loan Forgiveness: Can The US Erase Student Debt?

Americans owe $1.57 trillion in student debt. That might be a hard number to wrap your head around. What it comes out to is $20,000 to $25,000 for the typical borrower, but of course that’s not evenly distributed. I have $69,812, $47,000, $350,000. More than 600,000 people carry higher burdens of $200,000 or more. Even […]

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