Consumer credit posts small increase as Americans cut back on credit card purchases

Have $35,000 in credit card debt? Here's what debt forgiveness could cover.

If you're facing $35,000 in credit card debt, debt forgiveness could have a big impact on your balance. Here's how.

What will a debt collector do if I can't pay old credit card debt?

There are a few different strategies debt collectors can use when you're unable to pay off what you owe.

US consumers cut back on spirits as cost of living pressures bite

Drinkers who splashed out during pandemic pull back from vodka, rum and Scotch whisky

Business - Financial Times - October 22

28% of credit card users are still paying off last year's holiday debt. How to get this season’s tab under control

Americans tend to overspend during the holiday shopping season and this year will be no different, experts say.

Business - CNBC - October 21

‘She can’t even buy groceries or put gas in her car’: My friend’s husband died, leaving her with three young children, no job and $15,000 in credit-card debt

“She is planning to sell their house and should net between $75,000 and $100,000 on the sale of the property.”

Business - MarketWatch - October 21

Labour donor to back Tortoise’s proposed purchase of Observer

South African businessman Gary Lubner in talks on taking minority stake in online start-up

World - Financial Times - October 15

Fed rate cuts were supposed to buoy small-cap stocks. What’s holding them back?

Small-cap stocks were widely expected to benefit most from the Federal Reserve’s interest-rate cuts — but that has yet to materialize.

Business - MarketWatch - October 26

My Employee Takes Credit for the Whole Team’s Work

And two other tricky workplace dilemmas.

Business - Inc. - October 15

Meta fires staff for abusing $25 meal credits

Workers used benefits to buy acne pads, wine glasses and laundry detergent

Business - Financial Times - October 17

China to boost lending for stalled property projects to $560bn

Beijing is trying to restore confidence in economy amid prolonged real estate slowdown

Business - Financial Times - October 17

Can I get a HELOC with a 580 credit score?

Tapping into your home equity with a poor credit score could be tough— but it may not be impossible. Here's why.

How will filing for bankruptcy impact my credit score?

Bankruptcy can help you wipe the financial slate clean — but it can also do some serious damage to your credit.

FTC sends $2.5 million to Credit Karma customers

The settlement stems from allegations Credit Karma misled consumers into applying for credit offers.

Tucker Carlson credits demons for the invention of nuclear technology

Ex-Fox News host makes bizarre claim on Steve Bannon’s podcast, days after saying a demon attacked him in his sleep. Demons that Tucker Carlson claimed attacked him as he slept were also ...

World - The Guardian - 3 days ago

State Street says it is ‘shopping’ for a private credit manager

Money manager tries to catch up with rivals as investors shift into unlisted assets

Business - Financial Times - 2 days ago

‘Positive’ medical debt credit reporting is a Trojan horse

Congress shouldn’t be fooled and let a Trojan horse hurt consumers by nullifying state laws and the CFPB’s effort to get medical debt off credit reports.

Politics - The Hill - Yesterday

Credit Agricole's Shares Fall After Mixed Results

Credit Agricole reported a smaller-than-expected fall in net profit for the third quarter of 2024 but softer revenue missed views, sending its shares lower.

Business - The Wall Street Journal - Yesterday

What Trump's campaign credits its success to

President-elect Donald Trump's campaign told reporters about the strategy it says largely contributed to its success. CBS News' Jake Rosen has the details and Aaron Navarro reports on Vice ...

FICO and VantageScore are the 'Coke and Pepsi' of credit scoring, says credit expert—what to know about each

Although your VantageScore and FICO credit scores are calculated differently, the key to maintaining healthy scores is the same, according to credit expert.

Business - CNBC - October 31

American consumers are increasingly underwater on their car loans

Edmunds.com reported that the average amount owed on upside-down loans climbed to an all-time high of $6,458 during the third quarter.

Business - CNBC - October 15

American consumers are increasingly underwater on their car loans

DETROIT — A growing number of Americans with auto loans owe more than their vehicles are worth, according to a report Tuesday from Edmunds.com.

Corporate debts mount as credit funds let borrowers defer payments

Use of payment-in-kind loan terms is growing as companies struggle with heavy leverage and high interest rates

Business - Financial Times - October 14

Trump and Harris Both Like a Child Tax Credit but With Different Aims

Kamala Harris’s campaign is pushing a version of the credit intended to fight child poverty, while Donald J. Trump sees the program primarily as a tax cut for people higher up the income scale.

Business - The New York Times - October 15

Israel races to supply anti-missile shield

Intense war demands have left the IDF relying on the US to fill gaps in air defences

Business - Financial Times - October 15

Boeing’s bonds signal view that company has bought time with credit-raters to avoid slide to junk

Boeing Co., under pressure to boost liquidity, filed a $25 billion shelf registration Tuesday to offer equity or debt over the next three years and announced a new credit agreement with lenders.

Business - MarketWatch - October 16

How Venus Williams is marking the 50th anniversary of the Equal Credit Opportunity Act

Tennis star Venus Williams is partnering with SoFi for a new campaign to celebrate the 50th anniversary of the Equal Credit Opportunity Act, which marked a major turning point in women's financial ...

Has Boeing done enough to avoid the credit rating junk yard?

Plane maker is burning through an estimated $1bn a month during a strike by its largest labour union

Business - Financial Times - October 15

China to almost double support for unfinished housing projects

World - Yahoo News - October 17

What self-deprecating Mahomes credits for goal-line hit on Mustapha

Kansas City Chiefs quarterback Patrick Mahomes had a self-deprecating breakdown of his goal-line hit on San Francisco 49ers safety Malik Mustapha.

Sports - Yahoo Sports - October 21

How an ex-Goldman banker built a $10bn private credit ‘whale’ — and now may sell it

After years of preparation, HPS is on the verge of either a deal or an IPO

Business - Financial Times - October 24

Biden administration expands tax credit for producing solar, wind and battery components

The Biden administration is expanding a federal tax credit that seeks to incentivize domestic production of components for solar and wind energy, as well as batteries. The Treasury Department ...

Politics - The Hill - October 24

Medical debt is hurting millions of credit reports — but now there’s a cure

Even responsible, prudent people can end up thousands of dollars in debt if they get sick or injured.

Business - MarketWatch - October 26

California Governor Proposes $750 Million in Annual Film Tax Credits

Gov. Gavin Newsom wants to more than double the amount the state offers in incentives, which would make its program one of the nation’s most generous.

Business - The New York Times - October 27

Will Newsom's expanded tax credit program save California's film industry?

Gov. Gavin Newsom unveiled plans over the weekend to raise the cap on California's film and TV tax credit program. Will it save Hollywood from ruin?

Entertainment - Los Angeles Times - October 28

SoFi’s stock rally takes a breather despite improving credit trends

Analysts called out improvement in credit performance as a major positive coming out of SoFi’s third-quarter report, but the stock was falling hard.

Business - MarketWatch - October 29

Does Africa need its own credit rating agency?

A pan-continental body is not a cure-all for its debt problems

World - Financial Times - October 29

Southern Water at risk of debt default in event of further credit downgrades

Bond issue documentation shows UK utility under pressure over high financing costs

Business - Financial Times - 2 days ago

Coons: Voters 'didn't give us credit' for Biden administration's work

Sen. Chris Coons (D-Del.) said on Wednesday he did not think voters gave his party enough credit for the bipartisan legislation that was signed into law during the Biden administration. In an ...

Politics - The Hill - Yesterday

Latest in Consumer credit posts small increase as Americans cut back on credit card purchases

Have $35,000 in credit card debt? Here's what debt forgiveness could cover.

What will a debt collector do if I can't pay old credit card debt?

US consumers cut back on spirits as cost of living pressures bite

28% of credit card users are still paying off last year's holiday debt. How to get this season’s tab under control

‘She can’t even buy groceries or put gas in her car’: My friend’s husband died, leaving her with three young children, no job and $15,000 in credit-card debt

Labour donor to back Tortoise’s proposed purchase of Observer

Fed rate cuts were supposed to buoy small-cap stocks. What’s holding them back?

My Employee Takes Credit for the Whole Team’s Work

Meta fires staff for abusing $25 meal credits

China to boost lending for stalled property projects to $560bn

Can I get a HELOC with a 580 credit score?

How will filing for bankruptcy impact my credit score?

FTC sends $2.5 million to Credit Karma customers

Tucker Carlson credits demons for the invention of nuclear technology

State Street says it is ‘shopping’ for a private credit manager

‘Positive’ medical debt credit reporting is a Trojan horse

Credit Agricole's Shares Fall After Mixed Results

What Trump's campaign credits its success to

FICO and VantageScore are the 'Coke and Pepsi' of credit scoring, says credit expert—what to know about each

American consumers are increasingly underwater on their car loans

American consumers are increasingly underwater on their car loans

Corporate debts mount as credit funds let borrowers defer payments

Trump and Harris Both Like a Child Tax Credit but With Different Aims

Israel races to supply anti-missile shield

Boeing’s bonds signal view that company has bought time with credit-raters to avoid slide to junk

How Venus Williams is marking the 50th anniversary of the Equal Credit Opportunity Act

Has Boeing done enough to avoid the credit rating junk yard?

China to almost double support for unfinished housing projects

What self-deprecating Mahomes credits for goal-line hit on Mustapha

How an ex-Goldman banker built a $10bn private credit ‘whale’ — and now may sell it

Biden administration expands tax credit for producing solar, wind and battery components

Medical debt is hurting millions of credit reports — but now there’s a cure

California Governor Proposes $750 Million in Annual Film Tax Credits

Will Newsom's expanded tax credit program save California's film industry?

SoFi’s stock rally takes a breather despite improving credit trends

Does Africa need its own credit rating agency?

Southern Water at risk of debt default in event of further credit downgrades

Coons: Voters 'didn't give us credit' for Biden administration's work

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