Debt
US national debt tops $40 trillion for first time, doubled under presidents Trump, Biden
The federal government's IOU has now more than doubled in less than a decade, from $19.95 trillion when US President Donald Trump was sworn in for the first time in January 2017.
NIS 75M on the way to our pockets: The offset that will affect electricity bills
Next Israel government must halt rise in debt burden, central bank chief says
The cost of Jewish life is pushing families into debt - opinion
Prosbul, Chabad and the Lubavitcher Rebbe: Legal loopholes in Judaism
Even if there was no financial need for a prosbul, there was spiritual valence to its execution because it reflected fidelity to rabbinic tradition and affiliation with the legacy of Chabad's founder
US Education Department sued over Biden's student loan cancellation plan
As of June 30, 43 million borrowers held $1.6 trillion in federal student loans. About $430 billion of that debt will be canceled, the CBO estimated.
Adena Hefets helps low-income Americans become homeowners - here's how
No. 10 on The Jerusalem Post's Top 50 Most Influential Jews of 2022: CEO of Divvy Homes, Adena Hefets.
Israel's Teva pharmaceuticals company keeps selling to Russia despite sanctions
Teva CEO Kare Schultz said that despite sanctions, Teva still sells medications to Russia, because this is a humanitarian move. He also revealed that Teva donates medicines to Ukraine.
Circumventing biblical debt forgiveness: Who signs a prozbul?
Prozbul is a special legal arrangement disseminated by Hillel the Elder approximately 2,000 years ago. In this column, we’ll explain how this document works and who should sign it.
Seeking debt relief: Is Judaism's 'prosbul' enough?
The essence of prosbul is a transfer of bonds from creditors to the court of law. The bond remains intact despite the biblical debt relief.
Parashat Re’eh: Why forgive a debt?
Generosity, a kind eye, and trust in God are basic traits of the Jewish people, and we are privileged to continue this precious heritage.
Russia slips into historic default as sanctions muddy next steps
The route to this point has been far from normal, as Russia has the resources to pay its bills — and tried to do so — but was blocked by the sanctions.
Russia nearing first foreign default in over a century
If investors won't receive their payments by the Sunday night deadline, there will be an “event of default” on Monday morning, according to the bond documents.
Mekorot completes raising of NIS 1.2 billion in debt offering
