People's incomes are catching up with their debt

Credit card debt levels keep smashing records, but average balances are lower relative to borrowers' earnings than pre-pandemic and delinquencies are slowing.

Brazil launches a G20 social summit to highlight needs of low-income people

World - Yahoo News - Yesterday

Brazil launches a G20 social summit to highlight needs of low-income people

Brazil has launched what it calls a social summit ahead of next week’s Group of 20 meeting of the top economies

World - ABC News - Yesterday

EU markets need to commit to catch up with US on T+1

Adoption of new settlement cycle has led to greater efficiency, increased liquidity and enhanced risk mitigation

World - Financial Times - October 18

Silver’s scarcity factor is helping it catch up to gold’s record run

While gold prices have repeatedly set fresh record highs this year, silver has been rallying as well — with one analyst predicting that prices for the precious and industrial metal will reach $40 ...

Business - MarketWatch - October 21

FirstFT: HSBC overhaul to divide businesses along east-west lines

Also in today’s newsletter, EY fires staff for ‘cheating’ and Mubadala Capital’s private equity push

World - Financial Times - October 22

Bitcoin bulls aim for $90,000 as crypto plays catch-up to MicroStrategy rally

A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.

Business - MarketWatch - October 23

Catch Up On Yellowstone Ahead Of Season 5 With This Box Set Deal

Yellowstone: The Dutton Legacy Collection - Limited Edition Gift Set (Blu-ray) $76 (was ...

Tech - GameSpot - October 30

IRS announces 401(k) catch-up contributions for 2025

The IRS has announced the 401(k) catch-up contribution limits for 2025. Here’s what investors need to know.

Business - CNBC - November 1

Older Workers to Get ‘Super’ 401(k) Catch-Up Contributions in 2025

Workers who are 60 to 63 will be able to put in up to $11,250 in extra contributions, if they can afford it.

Business - The New York Times - November 8

China is catching up with the West on tech, Microsoft president says

According to Microsoft's web page about its presence in China, the company has operated there since 1992.

Business - CNBC - 2 days ago

Biden unveils new student debt plan for people with financial hardships

President Joe Biden's plans to forgive student debt have hit legal roadblocks. Now a new plan would look to help people experiencing financial hardships.

Everyday Americans Keep Racking up Debt and Missing Payments

Economic pain is weighing on consumers as delinquency rates and household debt rise.

Business - Inc. - Yesterday

Democrats catch up on election enthusiasm, but two key groups lag behind in latest polling

Democrats overall have caught up with Republicans in 2024 election enthusiasm, but relatively few Black voters and younger voters are registering high interest.

Is the Kindle Colorsoft Too Late? Amazon Reveals What Took So Damn Long to Catch Up

After losing ground to its rivals, Amazon is finally fighting back. Panos Panay argues the timing is just right.

Tech - Wired - October 24

Manchester City lose against Bournemouth as early-game struggles finally catch up with Pep Guardiola's team

After a string of Premier League comebacks, a two-goal deficit at Bournemouth was too much despite late pressure

Sports - CBS Sports - November 2

Solid-state batteries may yet catch up — but silicon anodes are winning the race to power EVs

Silicon anodes appear to be leading the way in the race to commercialize next-generation battery technologies for electric vehicles.

Business - CNBC - November 5

If you’re rich and 59, the new 401(k) ‘super catch-up’ may be for you

The IRS rule starting in 2025 allows people ages 60 to 63 to add $11,250 extra to their 401(k).

Business - MarketWatch - November 5

Biden’s Student Loan Forgiveness Program Has Canceled Debt for Over One Million People

An effort to revive and maximize use of the Public Service Loan Forgiveness program has resulted in student loan forgiveness for over one million people.

Top stories - The New York Times - October 17

Bond investors load up on ‘Magnificent Seven’ debt in bullish move ahead of earnings

Investors have been snapping up bonds issued by Meta, Alphabet, Amazon, Apple and Microsoft.

Business - MarketWatch - October 29

‘My father was a teetotaling, fair-minded, liberal-leaning capitalist’: And yet I allowed ‘friends’ to borrow $120K. How do I deal with the fallout?

“Of the original 10 I had earmarked for removal from my life, I’m still in contact with two.”

Business - MarketWatch - November 8

People are paddling along the world's waterways picking up trash

World - Yahoo News - October 28

Why do people queue up outside luxury stores?

For brands, controlling footfall improves security, creates an air of exclusivity and weeds out casual shoppers

World - Financial Times - October 29

China piles pressure on rich people and companies to cough up taxes

Authorities rush to find ways to fill government coffers depleted by property sector slump

Business - Financial Times - November 3

Sean Spicer: People should 'buckle up' for Trump's second term

Former White House press secretary Sean Spicer said that people should “buckle up” for President-elect Trump's second term in the White House since “we got a lot more coming your way.” "I said ...

Politics - The Hill - Yesterday

As Criticism of College Referees Heats Up, People in Power Need to Cool Down

Mark Harlan, the athletic director for Utah, crossed a line at a recent press conference, a columnist for The Athletic writes.

Sports - The New York Times - Yesterday

What debt types does debt consolidation cover?

Debt consolidation can be a smart way to cut down on interest charges — but there are limitations to know about.

From Overworked Operator to Passive Income Owner

How entrepreneurs can rethink their business strategy to one relying on self-management.

Business - Inc. - October 25

IRS unveils Roth IRA income limits for 2025

The IRS unveiled the Roth individual retirement account income limits for 2025.

Business - CNBC - November 1

Trump announces Tom Homan as incoming border czar

President-elect Donald Trump announced late that Tom Homan, the former acting director of U.S. Immigration and Customs Enforcement, will be his administration's "border czar."

Politics - NBC News - 4 days ago

Stargazers around the world catch supermoon

The brightness of the moon would allow ancient communities to increase hunting at this time of year - hence the name.

When to catch the last supermoon of the year

Astronomers say better catch this week's supermoon

Tech - ABC News - 4 days ago

The great wall of debt

Given the pile of maturing financing, 2025 and 2026 will prove challenging years for investors

Business - Financial Times - October 17

How a care home teacher set up a TV station for and by people with learning disabilities

All the reporters at Norway's TV BRA are disabled or autistic.

Bird flu cases in people quietly tick up, with dozens reported across 6 states

Four new cases of bird flu were detected in farmworkers in Washington state this week. Human infections have cropping in six states as the virus spreads among farm animals.

Train running along Norway’s northern coast with up to 70 people onboard, has derailed. No word on casualties.

World - ABC News - October 24

The ransacking of Britain: why the people finally rose up against ‘sod you architecture’

Inspired by Swiss-born architect Le Corbusier, who believed streets fostered disease, a vision of Britain was cooked up that would see historic city centres flattened for flats and ring roads. But ...

World - The Guardian - October 28

More than 55 million people have voted early in run-up to Election Day

More than 29 million early votes have been cast in-person and another 25.9 million mail ballots have been returned.

UK leader tells Interpol meeting world must 'wake up' to threat from people-smugglers

Prime Minister Keir Starmer says he will double funding for Britain’s border security agency and treat people-smuggling gangs like terror networks

World - ABC News - November 4

'Absolute sea of desperate people' lining up to get food in Gaza: Raf Sanchez

NBC's Raf Sanchez joins Katy Tur to discuss the ongoing humanitarian crisis in Gaza and the pressure the Biden administration is putting on Israel to ensure aid starts to flow soon.

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