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

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.

Bond market braced for rise in UK debt issuance to £300bn this year

Investment banks pencil in second-biggest annual gilt sales figure on record ahead of Labour’s first Budget

Business - Financial Times - October 28

The real monster this Halloween: Our national debt and a dysfunctional Congress

Congress is facing a potential government shutdown on Dec. 20 due to its reliance on continuing resolutions and bloated omnibus bills, and is being urged to address the monster of reckless spending.

Politics - The Hill - October 28

Former British colonies owe ‘debt of gratitude’, says Robert Jenrick

Tory leadership candidate wades into reparations debate, arguing empire brought democratic institutions. UK politics live – latest updates Britain’s former colonies should be thankful for the ...

World - The Guardian - October 29

S&P downgrades Thames Water debt further into ‘junk’ territory

Decision comes after troubled UK utility reached tentative deal on £3bn of emergency financing

Business - Financial Times - October 29

They're middle class and insured, yet childbirth left them with crippling debt

Some middle-class families with private insurance face a risk of medical debt after childbirth. The group has been left behind by recent health care reforms.

Poor nations are choking on debt — we must grasp the solutions

Political instability and meagre investment hobble large parts of the world

Business - Financial Times - 4 days ago

What to do and what not to do when you're voting

Voters in the 2024 Election could be confronted with confusing information or misinformation about the voting process. Melissa Mahtani, executive producer of CBS News Confirmed, has a look at ...

24-year-old was laid off from her 6-figure tech job—now she shucks oysters for parties: 'I do feel very happy'

Hannah Chea started a part-time job shucking oysters for parties to break up the routine of her day job in tech.

Business - CNBC - 2 days ago

My sisters want to hide $170,000 of our mother’s money from Medicaid by adding their names to her bank account. What should I do?

“The probate attorney says I could ask the court to remove sister No. 3 as co-executor, since she has acted unethically and illegally.”

Business - MarketWatch - October 24

What’s Love Got to Do With It?

Real life isn’t a shark tank. Business shouldn’t have to be, either.

Business - Inc. - October 25

KAWS, the Collector, Says, ‘I Don’t Feel Like Anything Is Mine.’

Some collectors treat artworks like poker chips and flip work by young artists. That’s not Brian Donnelly. Now his finds star in a show.

Top stories - The New York Times - 2 days ago

'I can't run a business like this': Why the WordPress row matters

WordPress's tools are used by 40% of the world's websites, making this a spat with big consequences.

Marti Pellow: 'I can't get out of a building without singing that song'

The Wet Wet Wet star says love is still all around for his biggest hit.

'I can't afford a child on £53,000 salary' - why fertility rate is falling

From 'fruitless' dating to financial pressures, people share their views on falling fertility rates.

Do Arsenal have a red card problem - and could it cost them the title?

Just eight games into the Premier League season and Arsenal have already had three players sent off - but just how costly could it be?

2 in 5 U.S. credit card holders have topped out their spending limit

Lower-income earners and older people are more likely to say they've maxed out a card since the Fed starting hiking interest rates.

Nearly 2 in 5 cardholders have maxed out a credit card or come close, report finds

Higher prices and higher interest rates have caused many Americans to use more of their available credit. Gen X is particularly stretched.

Business - CNBC - October 17

Despite a half-point Fed rate cut, the average credit card interest rate fell by just 0.13%, report finds

Credit card APRs are edging lower after the Federal Reserve cut interest rates by a half point, but not by much.

Business - CNBC - 4 days ago

What to see and do in Düsseldorf, Germany

World - Yahoo News - October 18

What does King Charles do?

The King resumed public duties in April after a temporary pause following his cancer diagnosis.

What Is North Korea’s Role in the Russia-Ukraine War?

North Korea’s supply of munitions has already been critical to the Russian war effort. Now, its troops appear to be poised to join the fight in Ukraine.

World - The New York Times - October 24

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 - 5 days ago

China's Ministry of Finance is taking aim at local debt problems before tackling broader economic challenges

In his opening remarks on Saturday, Minister of Finance Lan Fo'an laid out four measures, starting with increasing support for local governments in resolving debt risks.

Business - CNBC - October 14

‘They are ruining my life’: how the shadowy world of debt collection can wreck your finances

A stranger’s bill can be passed, in your name, down a chain of companies until it reaches the courts without you knowing anything about it. The result can be catastrophic. James Barnett and his ...

World - The Guardian - October 14

Boeing’s Woes Mount, as Debt, Minimal Income, and a Hardening Strike Risk Bankrupting Company

Boeing announces layoffs and aircraft delays to cut costs, even as it continues racking up billions in losses from a month-long strike becoming more bitter each day.

Business - Inc. - October 14

Global public debt to hit $100tn this year, says IMF; Boeing to raise up to $25bn to shore up balance sheet – business live

Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected. Cooling labour market adds to Reeves’s tax-raising ...

World - The Guardian - 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

Wars, debt, climate crisis and Covid have halted anti-poverty fight – World Bank

Setbacks mean UN goal of ending extreme poverty by 2030 is impossible to hit, report finds. Wars, debt, the climate crisis and the pandemic have combined to halt progress in the fight against ...