Uk Economic Gloom Intensifies As Borrowing Overshoots
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Biden cancels student loans for 150,000 more borrowers
President Joe Biden announced his administration had approved student loan relief for more than 150,000 borrowers, bringing the total number who have had their student debt cancelled under the ...NBC News - 1d -
Far From the Fires, the Deadly Risks of Smoke Are Intensifying
Researchers see a growing health danger from the vast plumes of pollution spawned by wildfires like the ones devastating Los Angeles.The New York Times - 1d -
Porsche China deliveries drop 28% as competition intensifies
Fall comes as consumers in world’s largest car market increasingly opt for domestic brandsFinancial Times - 2d -
Spike in UK borrowing costs raises specter of public spending cuts
Former U.K. Finance Minister Vince Cable told CNBC on Friday that the UK was not in an "emergency panic situation," but was stuck in a low-growth trap.CNBC - 2d -
Congo says several towns recaptured from rebels but fighting intensifies in its east
The Congolese army says several towns that fell to armed groups in the eastern North Kivu and South Kivu provinces have been recaptured by government forcesABC News - 2d -
Synagogue Congregation Grieves in Borrowed Home After L.A. Fires
Across Los Angeles, congregants displaced by the blazes met for their first services in borrowed churches, synagogues and other temples.The New York Times - 3d -
Gloom and pessimism take hold of Democrats as they look for new leaders
Questions about the viability of a female presidential candidate rise after a crushing presidential defeat. Democrats are harboring strong feelings of stress and gloom as the new year begins. And ...The Guardian - 3d -
China and UK restart economic and financial talks after 6-year hiatus
China and Britain have restarted economic and financial talks after a six-year hiatus during a visit by Britain’s Treasury chief to BeijingABC News - 4d -
Labour intensifies push for growth to avoid ‘disastrous’ tax rises
Punishing week on bond markets ends with UK government borrowing costs significantly higherFinancial Times - 4d -
UK government borrowing costs rise towards 16-year high
Yields jump after strong US jobs data, threatening to wipe out room for extra borrowing under Labour’s budget rulesFinancial Times - 4d -
Labour’s economic reality check approaches
Rising cost of borrowing piles pressure on UK fiscal rules and government’s promises, but politics make cuts complicatedFinancial Times - 5d -
Pound falls to lowest in over a year after UK borrowing costs rise
Economists have warned the rise could mean further tax hikes or spending cuts by the government.BBC News - 5d -
UK government seeks to soothe bond market nerves after borrowing costs soar
Treasury vows to stick to its fiscal rules and says gilt markets functioning ‘in an orderly way’Financial Times - 5d -
UK borrowing costs rising - what does it mean for me?
Government borrowing costs have hit their highest level for several years - what does it mean for you?BBC News - 5d -
How to Get Your Company Ready to Borrow in 2025
Here are some tips to make your loan applications go smoothly and quickly in the new year.Inc. - 5d -
The looming battles over US economic policy thinking
Both Republicans and Democrats are split between populist and oligarchic visionsFinancial Times - 5d -
Corporate borrowers kick off 2025 with record-setting $83bn bond bonanza
Issuers pounce on surging investor demand for debt before Donald Trump returns to the White HouseFinancial Times - 6d -
As natural disasters intensify, affected student loan borrowers have options
Federal student loan borrowers affected by the wildfires ripping across Southern California have relief options if they’re worried about keeping up with their payments as they recover.NBC News - 6d -
3 cheap ways to borrow money without using a credit card now
With credit card interest rates high, it helps to explore these alternative, cheaper ways to borrow money right now.CBS News - 6d -
As natural disasters intensify, affected student loan borrowers have options
Federal student loan borrowers impacted by the latest wildfires in California and other natural disasters have options if they're struggling.CNBC - 6d -
UK 10-year borrowing costs hit highest level since 2008
Treasury seeks to reassure markets as gilt sell-off threatens the government’s ability to meet its fiscal rulesFinancial Times - 6d -
Trump ‘considering national economic emergency declaration’ to allow new tariffs; UK 10-year borrowing costs highest since 2008 – business live
Bond selloff drives yield on 10-year UK bonds to highest since 2008 financial crisis. Rise in UK borrowing costs could push Reeves to new public spending cuts Two UK investment trusts have ...The Guardian - 6d -
Borrowing home equity in 2025? 3 things to consider first
Borrowing home equity in 2025 could be beneficial for owners, as long as they first account for these three items.CBS News - Jan. 7 -
Trump threatens economic, not military force, to annex Canada
President-elect Trump said Tuesday he was not considering using military force to make Canada part of the United States after repeatedly musing about the idea of the country becoming the 51st ...The Hill - Jan. 7 -
Faisal Islam: Soaring UK borrowing costs are a problem for Rachel Reeves
The Chancellor may face the prospect of breaking her own Budget rulesBBC News - Jan. 7 -
An economically dynamic India is Manmohan Singh’s greatest legacy
He drove radical reform of an anti-market policy regime that was strangling growthFinancial Times - Jan. 7 -
UK long-term borrowing costs hit highest level since 1998
Rising interest costs raise fears about chancellor’s ability to hit revised fiscal rulesFinancial Times - Jan. 7 -
Milei’s next economic mission: affordable air fryers
Libertarian leader scraps tariffs to break open Argentina’s protectionist economy, unnerving domestic industryFinancial Times - Jan. 7 -
From Trump tariffs to AI: the big economic questions facing governments in 2025
The main issues confronting policymakers around the world seem particularly portentous this new year. January is always a time for new beginnings and fresh thinking. But with Donald Trump heading ...The Guardian - Jan. 5 -
Richard A. Easterlin, ‘Father of Happiness Economics,’ Dies at 98
He put forth the so-called Easterlin paradox, finding that the richer you are doesn’t mean the more satisfied you’ll be with your life.The New York Times - Jan. 4 -
Only US leadership can stop China’s economic power in Latin America
The only way to stop China’s accelerated advance in Latin America continues to be democracy and the counterweight of greater leadership from Europe and the U.S.The Hill - Jan. 4 -
Recovery in US car sales eases fear of economic malaise settling in
Strong purchase data to end the year reverses downward trend as lower interest rates and better deals lure buyersFinancial Times - Jan. 3 -
Student loan borrowers should take these steps before presidential administration changes
The country's roughly 40 million federal student loan borrowers should brace for change when President Joe Biden exits office toward the end of the month.CNBC - Jan. 3 -
Britain’s economic gloom is overdone
The government can tackle bad vibes with a positive vision for growthFinancial Times - Jan. 3 -
3 safety features home equity loans offer borrowers now
These three unique features make home equity loan borrowing especially secure right now.CBS News - Jan. 2 -
Debate Over U.S. Sanctions on Russia For Ukraine War Intensifies
The president-elect has said he will use sanctions sparingly while vowing to end the war in Ukraine, renewing questions over their efficacy.The New York Times - Jan. 2 -
The Erdoğan whisperer behind Turkey’s economic pivot
Vice-president Cevdet Yılmaz has played a crucial backstage role managing the turn to financial orthodoxyFinancial Times - Jan. 2 -
Xi Jinping, China’s Leader, Nods to Economic Challenges
In a New Year’s address, Xi Jinping made a rare acknowledgment of the flagging economy while reiterating the government’s growth targets.The New York Times - Jan. 1