Remember the U.K. debt crisis under Liz Truss? Bank of England now has a formal process to handle it.
January 28, 2025 3:04 PM GMT+0 |
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Scotland frees hundreds of inmates as U.K. grapples with prison overcrowding crisis
Hundreds of prisoners will be freed in Scotland as part of a broader emergency response to ease the burden of overcrowded prisons across the United Kingdom.NBC News - 2d -
How Trump Could Get Us Into a Debt Crisis
A blowup will be sparked not by government spending but from political malpractice.The New York Times - 2d -
Banks slash savings rates after Bank of England rate cut
Dozens of providers reduce rates or withdraw products following BoE moveFinancial Times - Feb. 12 -
Secured vs. unsecured debt: Everything to know now
Knowing what's at stake with secured and unsecured debt could help protect your assets.CBS News - Feb. 13 -
Banks Sell $4.7 Billion of X’s Debt, in a Sign of Investor Demand
The social media company is attracting investor interest because of Elon Musk’s close ties to President Trump and a recent jump in revenue.The New York Times - 6d -
Bank of England Cuts Rates While Warning of Inflation and Trade War Risks
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.The New York Times - Feb. 6 -
Zeldin seeks to recoup billions issued by Biden under 'green bank' program
Environmental Protection Agency (EPA) Administrator Lee Zeldin says he will try to recoup billions of dollars issued by the Biden administration under its “green bank” program. Under the program, ...The Hill - Feb. 13 -
Wall Street banks have sold almost all $12.5bn of debt tied to Elon Musk’s Twitter purchase
Investor perception of debt has changed since Donald Trump’s election victoryFinancial Times - 6d -
Some legal scholars say Trump has created a constitutional crisis
In the wake of President Trump's expansive executive actions, legal minds are weighing the question: Is the nation currently facing a constitutional crisis? Adam Liptak, Supreme Court reporter for ...CBS News - Feb. 12 -
Ray Dalio to the Trump administration: Cut debt now or face an 'economic heart attack'
Dalio stressed that governments are responsible, and that leaders should make a pledge to reduce the U.S. budget deficit from 7.5% to 3% of GDP or resign.CNBC - Feb. 13
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Palantir shares drop 9%, falling for a second day, as retail traders' latest cult obsession starts to unwind
Wednesday's decline came as investors keyed in on the CEO's new stock sale plan and the possibility of defense cuts.CNBC - 5m -
Cruise stocks tumble after Commerce Secretary Lutnick signals tax crackdown
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EU claims ‘positive momentum’ in trade talks with US
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