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Americans' credit card debt reaches new record high: Federal Reserve
Americans' household debt is at a new all-time high $18.04 trillion, according to a report released Thursday by the Federal Reserve Bank of New York.ABC News - 14m -
Ray Dalio to the Trump administration: Cut debt now or face an 'economic heart attack'
DUBAI, United Arab Emirates — Hedge fund titan Ray Dalio issued a fresh warning about the U.S. economy, warning of dire consequences if the Trump administration does not cut the country’s debt.NBC News - 35m -
Credit card debt hit a record $1.21 trillion — here's why 'no one should be surprised,' expert says
Credit card balances rose in the fourth quarter of 2024, the New York Fed found. Consumer spending continues to remain strong, despite high borrowing costs.CNBC - 40m -
Nearly 100K protest Belgian plans to cut social services in strategy to reduce debt
Close to 100,000 protesters have thronged the center of Brussels while airports and public transport were largely paralyzed as trade unions took their ire to the streets over drastic plans of the ...ABC News - 1h -
Secured vs. unsecured debt: Everything to know now
Knowing what's at stake with secured and unsecured debt could help protect your assets.CBS News - 1h -
'We owe PC killed in crash a debt of gratitude'
Hundreds of police officers line the route to York Minster for PC Rosie Prior's funeral.BBC News - 2h -
Ray Dalio to the Trump administration: Cut debt now or face an 'economic heart attack'
Dalio stressed that governments are responsible, and that leaders should make a pledge to reduce the U.S. budget deficit from 7.5% to 3% of GDP or resign.CNBC - 2h -
John Dickerson on Elon Musk's role in the Trump administration
A key question behind Elon Musk's remake of the federal government is whether he's moving so fast the baby might get thrown out with the bathwater. John Dickerson discusses.CBS News - 16h -
Inspectors general fired by Trump sue his administration
Eight fired inspectors general are suing the Trump administration over what they are calling "unlawful and unjustified" termination. Meanwhile, in her first press conference as attorney general, ...CBS News - 17h -
Trump administration sending nonviolent migrants to Guantánamo Bay
President Trump has said the U.S. naval base at Guantánamo Bay would house what he called the "worst" migrants. Still, according to both internal government documents and U.S. officials, the ...CBS News - 18h -
Wall Street nears sale of $3bn of debt tied to Musk’s Twitter buyout
Billionaire’s close ties to re-elected US president have piqued investors’ interestFinancial Times - 18h -
Debt consolidation loan vs. debt consolidation program: Which is better with inflation rising again?
Increasing inflation could have an impact on the type of debt consolidation it makes sense to pursue right now.CBS News - 21h -
USAID workers battle Trump administration in court
Trump administration officials are accusing USAID workers of insubordination, according to recent legal filings. CBS News legal contributor Jessica Levinson has more.CBS News - 23h -
Does bankruptcy clear tax debt?
Clearing your IRS tax debt by filing for bankruptcy may not be as simple as you think.CBS News - 1d -
8 fired government watchdogs sue Trump administration
Eight federal watchdogs ousted by President Trump last month are suing to get their jobs back on the basis that their dismissals were unlawful. The lawsuit, filed Wednesday, asserts Congress was ...The Hill - 1d -
MTG at DOGE hearing: National debt is 'enslaving our nation'
Rep. Marjorie Taylor Greene, R-Ga., delivered her opening statement at the first hearing for the House DOGE subcommittee. She said the American people are in "debt slavery" to those the country ...NBC News - 1d -
A sovereign debt restructuring furniture review
What have we learned from the recent spate of government bankruptcies?Financial Times - 1d -
What are the key lawsuits against the Trump administration?
Since President Trump's inauguration three weeks ago, he has taken dozens of actions in an attempt to reshape the government and his executive power. Many have been met with legal challenges. CBS ...CBS News - 1d -
3 simple ways to take control of your credit card debt this February
Between today's high rates and the recent uptick in spending, it's time to get your credit card debt under control.CBS News - 1d -
What happens if a creditor wins a debt lawsuit against you?
There are a few things that could happen if a debt collector or creditor prevails against you in court.CBS News - 1d -
Pope criticizes Trump administration's immigration policies
Pope Francis criticized President Trump’s mass deportation plans in a letter urging compassion and the preservation of dignity for migrants in the U.S. The pope, in his letter, recognized “the ...The Hill - 2d -
Pope rebukes Trump administration over migrant deportations
Pope Francis has issued a major rebuke to the Trump administration’s mass deportation of migrantsABC News - 2d -
What happens if the Trump administration ignores court orders?
NBC’s Laura Jarrett joins TODAY to weigh in on legal hurdles faced by the Trump administration and what happens if they attempt to ignore orders from judges.NBC News - 2d -
Trump administration orders list of new FBI recruits, deepening fears of cuts
The Trump administration has asked the FBI for a list of probationary employees and individual justifications for keeping anyone who has been at the bureau for less than two years.NBC News - 2d -
Federal judge blocks Trump administration cuts to medical research funding
The National Institutes of Health says the cuts will save more than $4 billion a year, but critics say it puts potentially lifesaving research in jeopardy.CBS News - 2d -
Examining the latest lawsuits against the Trump administration
Since his return to the White House, President Trump hasn't been shy about using his executive powers. However, many of his actions are being met with legal challenges. Skye Perryman, president and ...CBS News - 2d -
Judge blocks Trump administration from cutting research funding after 22 states sue
A federal judge temporarily halted the Trump administration's radical changes to how the National Institutes of Health pays for biomedical research, putting on hold a plan to slash research funding ...NBC News - 2d -
Trump’s budget cuts are unconstitutional
These are not presidential decisions to make but rather are legislative mandates. Congress is our only hope.The Hill - 3d -
Senate Democrats launch portal for whistleblowers in Trump administration
Senate Democratic Leader Chuck Schumer (D-N.Y.) and Sen. Gary Peters (D-Mich.), the ranking member of the Senate Homeland Security Committee, said they are launching a portal for whistleblowers to ...The Hill - 3d -
Driver cut free after crash with highways vehicle
Firefighters say the highways vehicle was stationary within a closed work zone when it was hit.BBC News - 4d -
NIH cuts overhead funding for research
The National Institutes of Health (NIH) on Friday made a significant reduction in grants reserved for research institutions, a decision that may significantly impact American higher education. The ...The Hill - 4d -
Trump Administration Cuts Put Medical Progress at Risk, Researchers Say
Grants from the National Institutes of Health come with additional money for overhead. A planned $4 billion cut would leave colleges with large budget gaps.The New York Times - 4d -
Trump has two strong options to defuse the U.S. debt time-bomb. He should use them.
AI-fueled productivity growth, combined with realistic and constructive immigration reform, would put the U.S. economy on more solid footing.MarketWatch - 4d -
Trump administration to cut billions in medical research funding
National Institutes of Health said the $4bn loss will affect ‘indirect’ funding of buildings, equipment and staff. The Trump administration is cutting billions of dollars in medical research ...The Guardian - 4d -
Graham's plan for Trump tax cuts
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Graham rolls out plan to tackle Trump agenda Senate Budget Committee Chair ...The Hill - 5d -
Trump administration drops challenge in transgender care dispute
Click in for more news from The Hill {beacon} Health Care Health Care The Big Story DOJ flips on gender-affirming care SCOTUS case President Trump’s Department of Justice switched positions on ...The Hill - 5d -
RFK Jr. had up to $1.2 million in credit card debt — what experts say about tackling high balances
Robert F. Kennedy Jr.'s recent financial disclosures show a "massive" amount of credit card debt, according to experts.CNBC - 5d -
How to Pay Off Credit Card Debt
A new report finds that people are spending more on their cards and paying down less. Financial experts offer tips for reducing that debt, starting with looking at your spending habits.The New York Times - 6d -
Small Businesses Will Be Subjected to ‘the Fury of Debt Collectors’ for Covid Loans, According to Senate Dems
Proposed legislation could hurt struggling small businesses, Senator Ed Markey warns.Inc. - 6d