Latest in Amid Rising Debt
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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 -
The rise and rise of Newcastle's Isak
With Alexander Isak leading the charge for a reinvigorated Newcastle United, BBC Sport looks at the rise of Tyneside's crown jewel.BBC News - Jan. 7 -
A Timeline of Justin Trudeau’s Rise and Fall
The Canadian prime minister, who said on Monday he would step down, has spent a quarter-century in the political spotlight.The New York Times - Jan. 7 -
Clyburn: Eliminating debt ceiling only area 'I really agree with Donald Trump on'
Rep. James Clyburn (D-S.C.) said Tuesday that eliminating the debt ceiling is the only area “I really agree with Donald Trump on.” “We should do away with it altogether,” Clyburn told CNN’s John ...The Hill - Jan. 7 -
Will US markets keep rising under Trump?
Economic uncertainty and frothy valuations jar with investor optimismFinancial Times - Jan. 7 -
Speaker Johnson: ‘Intention’ is to increase debt limit in massive Trump agenda bill
Speaker Mike Johnson (R-La.) said that congressional Republicans plan to increase the nation’s borrowing limit as a part of a massive party-line bill that they are crafting that will encapsulate ...The Hill - Jan. 7 -
CFPB finalizes rule to remove estimated $49 billion in medical debt from credit reports
Medical debt comprises the largest category of unpaid balances in collections. The CFPB wants to help ensure that doesn't ruin Americans' finances.CNBC - Jan. 7 -
Can I qualify for credit card debt forgiveness with a low credit score?
A low credit score could limit your debt relief options — but will it make you ineligible for debt forgiveness?CBS News - Jan. 7 -
Will housing inventory rise in 2025? Experts weigh in
It might — but will it be enough to help struggling buyers? Here's what some experts are predicting.CBS News - Jan. 7 -
Biden administration finalizes rule to strike medical debt from credit reports
U.S. consumers will no longer have medical debt appear on their credit reports under to a new rule the CFPB finalized Tuesday.NBC News - Jan. 7 -
Medical debt banned from credit reports by new Biden administration rule
Unpaid medical bills will no longer appear on credit reports under a final rule announced by the Biden administration.CBS News - Jan. 7 -
New federal rule will remove medical debt from credit reports
A new rule on medical debt could affect millions of Americans' credit scores.ABC News - Jan. 7 -
Eurozone inflation jumps to 2.4% in third consecutive rise
Increase damps hope that European Central Bank will boost region’s flagging economy with rate cutsFinancial Times - Jan. 7 -
Biden Administration Moves to Ban Medical Debt From Credit Reports
The future of the new rule remains in question, however, with President-elect Donald J. Trump set to return to the White House this month.The New York Times - Jan. 7 -
CFPB finalizes rule barring medical debt from credit reports
The Consumer Financial Protection Bureau (CFPB) on Tuesday finalized its rule barring medical debt from being included on credit reports, potentially freeing up billions in credit. The finalized ...The Hill - Jan. 7 -
In Seoul, Blinken Affirms Alliance Amid Challenges to Democracies
The U.S. secretary of state aimed to show that his country stood by South Korea as it grapples with a political crisis, and as Donald J. Trump returns to power.The New York Times - Jan. 7 -
Laporta called to resign amid Olmo, Víctor fiasco
Various opposition groups have called for Barcelona president Joan Laporta to resign following the fiasco over Dani Olmo and Pau Víctor's failed registrations.ESPN - Jan. 6 -
Latest news on 4 viruses on the rise across the U.S.
Cases of COVID, flu, RSV and norovirus appear to be on the rise in the U.S. as millions of Americans wrap up the holidays. CBS News medical contributor Dr. Celine Gounder has more on the viruses.CBS News - Jan. 6 -
$119 billion of U.S. government debt to be issued this week, raising questions about demand
A total of $119 billion in U.S. government debt issuance is about to drop this week through Wednesday, pushed forward due to Thursday’s abbreviated session for bond traders as the country marks the ...MarketWatch - Jan. 6 -
Is it legal for a credit card company to sell your delinquent debt?
There are a few routes your credit card company can take when you're late on payments — including selling the debt.CBS News - Jan. 6 -
What proof must credit card debt collectors provide for a debt?
Debt collectors must provide proof that a debt is valid. Otherwise, they have to stop their collection efforts.CBS News - Jan. 6 -
Magdeburg Christmas market attack deaths rise to six
A 52-year-old woman has died in hospital from her injuries two weeks after the attack.BBC News - Jan. 6 -
Spurs sign keeper Kinsky amid injury crisis
Tottenham Hotspur have signed goalkeeper Antonin Kinsky from Slavia Prague on a deal until 2031, the Premier League club confirmed on Sunday.ESPN - Jan. 5 -
Rise and shine with sunrise photographer Bugsy Sailor
Six years ago, Bugsy Sailor began photographing the sun every day rising upon Michigan's Upper Peninsula, capturing kaleidoscope colors, shoreline and sky, turbulence and stillness. His streak ...CBS News - Jan. 5 -
Secularists must remember that religion is on the rise
Western rationalists have always assumed that atheism is the logical end point of prosperity. But I’m no longer so sureFinancial Times - Jan. 4 -
While Biden administration withdrew student loan forgiveness plans, there is still debt relief available
After the Biden administration withdrew its sweeping student loan forgiveness plans, borrowers should look into the existing debt cancellation programs.CNBC - Jan. 3 -
Debt consolidation loan vs. debt consolidation program: Which will be better in 2025?
Both options can help you pay off your credit card debt faster, but one may be a better choice than the other now.CBS News - Jan. 3 -
'We'll see' - Ancelotti on signings amid TAA rebuff
Carlo Ancelotti said "we'll see" if Real Madrid can add to their squad in January after an approach for Trent Alexander-Arnold was rejected.ESPN - Jan. 3 -
3 big reasons to pursue credit card debt forgiveness this January
Debt forgiveness can be a smart way to move forward from your high-rate card debt — especially right now.CBS News - Jan. 2 -
Does the United States need a debt limit?
The federal debt limit has no practical value. This suggests that ending it would be a good idea. Yet the laws of unintended consequences suggest that there are unforeseen effects that may be worse ...The Hill - Jan. 2 -
Prescott taking security seriously amid break-ins
Even before a number of high-profile athletes were targeted by robberies over the past few months, Cowboys quarterback Dak Prescott has taken security seriously.ESPN - Jan. 1 -
Security in New Orleans amid deadly truck attack
At least 10 people were killed early Wednesday when a truck slammed into a crowd celebrating New Year's Day on New Orleans' Bourbon Street. CBS News congressional correspondent Scott MacFarlane has ...CBS News - Jan. 1 -
The battered bond market starts 2025 facing some difficult issues about debt
Investors face multiple challenges in the year ahead, including one under-the-radar worry about short term notes coming due.CNBC - Jan. 1 -
7 rising Democratic leaders to watch
Democrats are scrambling for a new leader to head the party and organize resistance to President-elect Trump following Vice President Harris’s loss in November's election. Several top names have ...The Hill - Jan. 1 -
Bus passengers in England face £1 fare cap rise
One leading lobby group said it would result in a "costly start" to 2025 for many bus passengers.BBC News - Jan. 1 -
Energy prices rise with warnings of more pain to come
The new year starts with a 1% increase in domestic gas and electricity prices under Ofgem's price cap.BBC News - Jan. 1 -
The Papers: Energy bills 'to rise further' and world rings in 2025
The energy price cap rise and New Years' celebrations make the front of Wednesday's papers.BBC News - Jan. 1