FirstFT: Banks offload Twitter debt

What happens if a debt collector sues you but you can't pay?

Being sued over old debt is stressful, but there are ways to resolve this issue, even if you're short on funds.

CBS News - Jan. 17

FirstFT: US officials race to avert TikTok ban

Also in today’s newsletter, manufacturing surge boosts China’s economy and Mark Carney launches bid to become Canada’s PM

Financial Times - Jan. 17

On the Banks of the Nile in Uganda, a Major League Dream Begins

The East African nation might seem like a surprising place for baseball talent to blossom. But for Armstrong Muhoozi, it’s just the start of his journey.

The New York Times - Jan. 16

Biden admin announces last round of student debt relief

The Biden administration announced Thursday its final round of student debt relief, topping off the most loan forgiveness ever given in a presidency. The Department of Education announced it was ...

The Hill - Jan. 16

What 11-word phrase can be used to stop debt collectors?

This simple phrase can be used with debt collectors to help stop their aggressive collection attempts.

CBS News - Jan. 16

Can a debt collector take you to court after 7 years?

Time-barred debts will eventually fall off your credit report, but the debt collection attempts may not end.

CBS News - Jan. 16

Tips for paying off debt

With nearly half of Americans carrying credit card balances month-to-month, CBS News business analyst Jill Schlesinger provides tips on how to pay down debt.

CBS News - Jan. 16

FirstFT: Netanyahu accuses Hamas of backtracking

Also in today’s newsletter, Biden warns of ‘oligarchy’ in America, and Wall Street banks make bumper profits

Financial Times - Jan. 16

Ex-England boss Eriksson died heavily in debt

Swedish football manager Sven-Goran Eriksson, the first foreigner to lead the England national team, died with debts of over £3.8 million ($4.64 million) following years of financial mismanagement.

ESPN - Jan. 15

FirstFT: Germany’s economy contracts for second straight year

Also in today’s newsletter, South Korea’s impeached president is arrested and powerful Wall Street dealmaker joins OpenAI board

Financial Times - Jan. 15

Everything to Know About Big Banks Earnings

Goldman Sachs, JPMorgan, Wells Fargo and other firms are expected to report strong earnings.

Inc. - Jan. 15

S.E.C. Sues Elon Musk Over Twitter-Related Securities Violations

Regulators filed a lawsuit in federal court stemming from Mr. Musk’s $44 billion purchase of the social media company now called X.

The New York Times - Jan. 15

SEC sues Elon Musk over alleged late disclosures on Twitter share deal

Regulator says Trump ally got $150mn discount by not disclosing stake in social media group on time

Financial Times - Jan. 14

3 credit card debt consolidation strategies worth considering now

You have lots of debt consolidation solutions to consider, but some could make more sense than others now.

CBS News - Jan. 14

FirstFT: ‘Breakthrough’ raises hopes for Gaza ceasefire deal

Also in today’s newsletter, special counsel Jack Smith issues report on election interference, and Amazon plans AI ‘brain’ for Alexa

Financial Times - Jan. 14

These two bank stocks stand out for improvement in 2025

Bank stocks had a wonderful 2024. A lighter regulatory burden and better interest-rate environment might set up another year of gains.

MarketWatch - Jan. 14

What credit counseling can (and can't) do to help with your debt

Before you take advantage of credit counseling, it may help to know what outcomes you can expect.

CBS News - Jan. 13

FirstFT: Dollar hits 2-year high as interest rate assumptions change

Also in today’s newsletter, China’s trade surplus reached a new record and the reinvention of El Salvador

Financial Times - Jan. 13

Trump frustrated with GOP lawmakers over debt-limit quandary

President-elect Trump wants congressional Republicans to figure out a way to avoid a default on the national debt after venting his frustration with the Senate GOP over their failure to raise the ...

The Hill - Jan. 13

House Republicans and Trump discuss tying California wildfire aid to debt ceiling

The current California fires could become the costliest natural disaster in U.S. history.

Politico - Jan. 13

Debts on EY’s failed Project Everest took longer than expected to clear

Doomed spin-off plan still had $270mn outstanding at the end of the firm’s financial year

Financial Times - Jan. 13

House GOP lawmakers raised alternative debt limit plays in huddle with Trump

President-elect Trump and House Republicans in favor of raising the state and local tax (SALT) deduction cap discussed lifting the debt limit in legislative vehicles other than the "big, beautiful ...

The Hill - Jan. 12

House Republicans face massive debt problem

House Republicans have a problem. They want to pass a massive agenda for President-elect Trump, preferably in his first 100 days of office. And they don’t want to add to the federal deficit. That ...

The Hill - Jan. 11

Fintech IPOs return with precious little credit in the bank

Hope still wins out over experience as financial disrupters seek to ride the latest wave

Financial Times - Jan. 11

Can a debt collector refuse my settlement offer?

Negotiating a successful debt settlement could be a little more complicated than you'd expect.

CBS News - Jan. 10

8 ways a credit card debt lawsuit can be dismissed

If you're being sued over delinquent credit card debt, there are a few ways you could get the lawsuit dismissed.

CBS News - Jan. 10

FirstFT: The hottest year on record

Also in today’s newsletter, the resurrection of Andersen Consulting, and hiding savings from a significant other

Financial Times - Jan. 10

UK debt market sell-off threatens mortgage pain for households

Some 700,000 borrowers face jump in repayments when fixed-rate deals end this year

Financial Times - Jan. 10

Lloyds, Halifax and Bank of Scotland to share branches

The move is intended to make it easier for people to access banking services, but some warn it will lead to more branch closures.

BBC News - Jan. 9

What happens if you deny a credit card debt settlement offer?

There are times when it makes sense to deny a debt settlement offer, but there could be repercussions for doing so.

CBS News - Jan. 9

How to pay less interest on credit card debt in 2025

There are multiple ways to pay less interest on your credit card debt this year. Here are five to explore now.

CBS News - Jan. 9

FirstFT: Elon Musk moves against Keir Starmer

Also in today’s newsletter, corporate borrowers rush to lock in loans and the growing interest in lunar spectrum

Financial Times - Jan. 9

Wait, how many banks were run in 2023?

More than you’d think!

Financial Times - Jan. 8

Can you take out a HELOC with high credit card debt?

A HELOC is one of the most affordable borrowing options right now, but can you qualify for one with a lot of debt?

CBS News - Jan. 8

What happens when you lose a credit card debt collection lawsuit?

A few different scenarios could occur if a judgment is issued against you for your old credit card debt.

CBS News - Jan. 8

5 important credit card debt relief moves to make this January

Certain moves may help you break free from credit card debt, experts say. Here are five to explore this month.

CBS News - Jan. 8

Bank of England to relax rules for banks and insurers

PRA’s Sam Woods says burden can be eased without ‘race to the bottom’ on financial regulation

Financial Times - Jan. 8

FirstFT: California declares state of emergency as wildfires rage

Also in today’s newsletter, Facebook ends third-party fact-checking, and analysts turn on Citi’s chief executive

Financial Times - Jan. 8

New rule bans medical debt from credit reports

A new rule issued by the outgoing Biden administration will ban medical debt from appearing on people's credit reports. It's estimated the move will raise credit scores for around 15 million ...

CBS News - Jan. 7

Latest in FirstFT: Banks offload Twitter debt

Topics