Latest in 10 Year Borrowing
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Biden administration seeks to avoid default crisis for student loan borrowers as garnishments resume
In a new memo obtained by CNBC, a top official at the U.S. Department of Education lays out ways to avoid a wave of new defaults by student loan borrowers.CNBC - Jan. 15 -
TCU women forfeited games and had open tryouts a year ago. They are now a top-10 team atop Big 12
The TCU women's basketball team had to forfeit two games and conduct open tryouts on campus last January because it didn’t have enough healthy playersABC News - Jan. 15 -
10-year Treasury yield pulls back aggressively after core inflation is light in December
Investors reacted to the latest inflation data.CNBC - Jan. 15 -
Biden administration seeks to avoid default crisis for student loan borrowers as garnishments resume
This year, for the first time in roughly five years, borrowers who have defaulted on their federal student loan debt will face collection activity, including the garnishment of their wages and ...NBC News - Jan. 15 -
Pakistan's premier welcomes World Bank's 10-year funding plan of $20 billion
Pakistan’s prime minister has welcomed the first-of-its-kind agreement with the World Bank under which his country will receive $20 billion in the next decade to invest in renewable energy, ...ABC News - Jan. 15 -
Rising borrowing costs batter UK government and threaten to derail its left-leaning program
Britain’s new government, which is already facing anger over higher taxes, unpopular spending decisions and political scandals just six months after taking office, is now being battered by rising ...ABC News - Jan. 15 -
Jessica Simpson and NFL alum Eric Johnson separate after 10 years of marriage
Jessica Simpson says she and her husband, former NFL tight end Eric Johnson, are living separately as they are 'navigating a painful situation in our marriage.'Los Angeles Times - Jan. 14 -
Brown-Forman laying off 648 people as stock price hits 10-year low and sales decline
Jack Daniels whiskey maker Brown-Forman Corp. said Tuesday it would cut 12% of its work force or about 648 jobs in the face of a 10-year-low in its stock price and four straight quarters of ...MarketWatch - Jan. 14 -
10-year Treasury yield touches fresh 14-month high ahead of key inflation reports
U.S. Treasury yields leapt last week after December's jobs report came in stronger than expected.CNBC - Jan. 13 -
10-year Treasury yield inches toward 5% as next U.S. inflation update looms
Yields on long-dated U.S. government debt pushed further into their highest closing levels in over a year on Monday, ahead of the midweek release of the December consumer-price index.MarketWatch - Jan. 13 -
Biden says he helped get student debt forgiven for 5 million borrowers. Now it’s Trump’s turn to deal with the crisis.
The Biden White House took big swings at student-loan relief, but its efforts were complicated by opposition.MarketWatch - Jan. 13 -
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 - Jan. 13 -
Biden's total student debt relief passes $183 billion, after he forgives another 150,000 borrowers
In his final days in office, President Joe Biden announced that his administration would forgive student debt for more than 150,000 borrowers.CNBC - Jan. 13 -
Biden announces student debt relief for 150,000 borrowers, bringing total helped to more than 5M
The Biden administration announced Monday it was forgiving student loans for more than 150,000 borrowers, bringing the total number of individuals impacted by debt relief in President Biden’s term ...The Hill - Jan. 13 -
Kings' DeMar DeRozan reflects on time with Bulls upon return to Chicago: 'My three years here felt like 10'
DeRozan was 'humbled' to receive a standing ovation and video tribute in Chicago, where he played three seasonsCBS Sports - Jan. 13 -
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 - Jan. 13 -
More than a million student loan borrowers got debt forgiven in 2024. What to know at tax time
If your student loans were forgiven in 2024, you may be wondering if there are any tax implications.CNBC - Jan. 12 -
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 - Jan. 12 -
Blue Origin to launch New Glenn rocket after 10 years of development
Space company Blue Orbit will be launching its New Glenn rocket on Sunday after more than 10 years of development. CBS News space consultant William Harwood has more.CBS News - Jan. 10 -
Supreme Court takes up Biden's proposal to expand relief for borrowers defrauded by schools
The Supreme Court decided Friday to take up the Biden administration’s appeal defending its proposal to ease applications for the Borrower Defense student debt relief program. In a brief order, ...The Hill - Jan. 10 -
10-, 30-year Treasury yields end at highest since November 2023 after strong jobs report
Yields on 10- and 30-year U.S. government debt finished at their highest levels in over a year on Friday after December payrolls data came in stronger than expected, reducing market expectations ...MarketWatch - Jan. 10 -
10-year Treasury yield spikes to highest level since late 2023 after hotter-than-expected jobs report
U.S. Treasury yields jumped after December's jobs report was stronger than expected.CNBC - Jan. 10 -
‘They created a Vegas in 10 years’: photographing the hedonistic gambling mecca of Macau
Photographer Adam Lampton discusses capturing the vice, cash and sheer excess of the special administrative region of China – a place built on contradictions. “I am not a huge gambler,” says Adam ...The Guardian - Jan. 10 -
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 - Jan. 10 -
TSA highlights ‘10 Best Catches’ at airport checkpoints last year
The Transportation Security Authority (TSA) recently released a video highlighting the “10 best catches” of prohibited items found at airport security in 2024. “While most people are dropping their ...The Hill - Jan. 9 -
10-year Treasury yield drops for first time in five sessions during shortened trading
Treasury yields finished lower in Thursday’s abbreviated trading session, with the bond market shutting early in observance of a national day of mourning to honor former President Jimmy Carter.MarketWatch - Jan. 9 -
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 - Jan. 9 -
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 - Jan. 9 -
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 - Jan. 9 -
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. - Jan. 9 -
Why a 5% 10-year Treasury yield could be a buying opportunity
Investors may look back and “see points in time” when Treasury yields were approaching 5% and investors should have been buying, according to PGIM’s head of global bonds.MarketWatch - Jan. 9 -
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 - Jan. 9 -
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 - Jan. 8 -
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 - Jan. 8 -
10-year Treasury yield rises to highest since April as Fed notes upside risk to inflation
The benchmark yield topped 4.7%, after the latest Fed meeting minutes indicated greater concern over inflation.CNBC - Jan. 8 -
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 - Jan. 8 -
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 - Jan. 8 -
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 - Jan. 8