Urgent goals might justify more debt for a while, the economist Robert Shiller says, but this does not license unlimited spending or endlessly accelerating debt. Source: NYT > Business – ROBERT J. SHILLER
Trump and Deutsche Bank: $2 Billion in Loans, a Wary Board and Colorful Bankers
New details are emerging about the long, symbiotic and at times troubled relationship between the president and his loyal German bank. Source: NYT > Business – DAVID ENRICH
A Mar-a-Lago Weekend and an Act of God: Trump’s History With Deutsche Bank
Deutsche Bank’s hunger for profits and risk led it to lend Donald Trump more than $2 billion. Once he was elected president, employees were told not to utter his name. Source: NYT > Business – DAVID ENRICH
Your Money Adviser: These Loans Aim to Help Borrowers Build a Credit History
Two financial tech start-ups are offering credit-builder loans, which also help customers grow their savings. Source: NYT > Business – ANN CARRNS
Strategies: An Unlikely Effect of Jack Bogle’s Creation: Helping to Keep Inflation Low
The mutual fund revolution unleashed by the Vanguard founder — and the lowering of fees at its heart — hasn’t just transformed investing: It is affecting the broader economy. Source: NYT > Business – JEFF SOMMER
Your Money: The Power of Raw, Honest Stories About Money
Gaby Dunn, Chanel Reynolds and Vicki Robin were born decades apart. But their books about money have a common thread: Talk about it way, way more often. Source: NYT > Business – RON LIEBER