Latest in Banks Hit Credit
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Banks hit credit card users with higher rates in response to regulation that may never arrive
CFPB regulation meant to save consumers $10 billion a year has resulted in higher costs for some, as banks react by hiking interest rates and charging new fees.CNBC - 15h -
Banks hit credit card users with higher rates in response to regulation that may never arrive
Banks that issue credit cards used by millions of consumers raised interest rates and introduced new fees over the past year in response to an impending regulation that most experts now believe ...NBC News - 16h -
What credit card debt relief options work best with bad credit?
A damaged credit score can complicate the debt relief process, but you still have plenty of options to consider.CBS News - 14h -
Will credit card interest rates fall this December?
Credit card rates are sitting at a record high right now, but will they drop lower this month? Here's what to know.CBS News - 1d -
BlackRock Acquires HPS, a Major Lender of Private Credit
The world’s largest investor is buying HPS, a major provider of private credit, for $12 billion.The New York Times - 9h -
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3 reasons to consider credit card debt forgiveness this December
This month could be an ideal time to settle your credit card debt for less than what you owe. Here's why.CBS News - 1d -
Is Hamilton's form a concern for Ferrari? And does Russell deserve more credit?
BBC F1 correspondent Andrew Benson answers your questions before the season-ending Abu Dhabi Grand Prix.BBC News - 1d -
BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion
The deal, which is expected to close in mid-2025, comes during a boom for the private credit space.CNBC - 20h -
How can I avoid paying interest on my credit card?
Interest charges can cause your balance to balloon quickly, but these strategies can reduce those extra costs.CBS News - 15h -
Khanna: Excluding Musk, Tesla from California EV credits 'just foolish'
Rep. Ro Khanna (D-Calif.) criticized California for a recent proposal that would cut Tesla out of receiving electric vehicle (EV) credits during a Tuesday appearance on CNBC. “California having ...The Hill - 14h -
3 ways seniors can lower their credit card debt in 2025
If you're a senior with high-rate credit card debt, it helps to start exploring these three options now, before 2025.CBS News - 14h -
Hospital group launches ad campaign for disaster relief tax credits
A major hospital trade group launched a six-figure ad campaign this week calling on Congress to extend disaster relief tax credits that the group says will help facilities recover from hurricanes ...The Hill - 12h -
Bipartisan bill would study AI's impact on banking, housing
A new bill with bipartisan support would commission studies on the use of artificial intelligence (AI) in the banking and housing sectors, where lawmakers have been sounding an alarm about ...The Hill - 1d -
World Bank Warns of Record Debt Costs for Developing Countries
The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief.The New York Times - 18h -
Amid political chaos, Bank of Korea says it will boost short-term liquidity and deploy measures to stabilize the FX market
The announcement came shortly after the BOK held an emergency board meeting.CNBC - 1h -
City’s new bonus rules will be better for bankers than banks
Gifts for the risk takers and rainmakersFinancial Times - 1h -
Al-Shaair suspended 3 games after Lawrence hit
The NFL has suspended Texans LB Azeez Al-Shaair three games for repeated violations of player safety rules after his hit to the head of Jaguars QB Trevor Lawrence.ESPN - 9h -
Weak Australian economic growth hits dollar
Public spending offsets subdued consumer demand in ‘two-speed’ economyFinancial Times - 3h -
Guardiola hits back at claims of De Bruyne rift
Pep Guardiola has hit back at suggestions he is not selecting Kevin De Bruyne because of a rift with the Manchester City midfielder.ESPN - 4h -
Trump’s tax plans: Housing credits ‘in play,’ and there’s buzz over a short extension for expiring cuts
One veteran analyst is predicting that housing tax credits will get included in the GOP’s big tax package next year. Separately, some GOP lawmakers reportedly have talked about using the package to ...MarketWatch - 1d -
Here’s how investors will be affected by BlackRock’s $12 billion purchase of private-credit provider HPS
In a widely anticipated announcement, BlackRock said it had reached an agreement to buy HPS Investment Partners for $12 billion in stock.MarketWatch - 14h -
Vietnamese tycoon must find $9bn to avoid death penalty after appeal fails
She is now in a race for her life - if she can pay back 75% of what she took, she could be spared.BBC News - 1d -
This bank’s outrageous predictions include the dollar tanking and Nvidia becoming twice the size of Apple
Denmark’s Saxo Bank annually produces their outrageous predictions -– which is their attempt to create unlikely-but-plausible forecasts, to spark discussion and challenge consensus.MarketWatch - 20h -
Japan’s Nomura bank boss takes 30% voluntary pay cut after worker tries to kill customer
Wealth management employee charged with robbery, attempted murder and arson after home visit to elderly clients. Business live – latest updates The boss of the Japanese bank Nomura has ...The Guardian - 20h -
I retired at 30 with $540,000 in the bank and 'I don't have any regrets'—3 moves that helped me get there
After feeling disappointed by her dream job, one millennial decided to retire early. She's happy with her choice: "I'm very good at doing nothing and relaxing."CNBC - 18h -
Bank of America signs again with FIFA for US-hosted Club World Cup that still has no TV deals
Bank of America has teamed with FIFA for a second timeABC News - 10h -
South Korean lawmakers move to impeach president
Opposition pushes for vote to remove Yoon Suk Yeol after failed attempt to impose martial lawFinancial Times - 2h -
South Korea vows market support in wake of turmoil
Central bank says it is keeping all options open until situation stabilisesFinancial Times - 2h -
Israel-Gaza-Lebanon live updates: IDF says it's hitting targets in Lebanon
The Israel Defense Forces said Sunday it launched "several operations" targeting Hezbollah fighters that it claimed posed a direct threat to Israel.ABC News - 1d -
Azeez Al-Shaair apologizes for brutal, illegal hit on QB Trevor Lawrence
Azeez Al-Shaair said on X that he didn't see Trevor Lawrence sliding until it was 'too late.'Yahoo Sports - 1d -
Al-Shaair apologizes to Lawrence after illegal hit on defenseless quarterback
Jaguars quarterback was left concussed after blow Incident led to brawl between Texans and Jags Houston’s Azeez Al-Shaair has apologized to Jacksonville’s Trevor Lawrence after his violent blow ...The Guardian - 1d -
Ocasio-Cortez first person to hit a million followers on Bluesky
Rep. Alexandria Ocasio-Cortez (D-N.Y.) is the first person to hit a million followers on the social platform Bluesky, according to the platform. Other than Bluesky’s own account, Ocasio-Cortez’s ...The Hill - 1d -
Airstrikes hit hospitals in Syria’s Idlib region as insurgents fight Assad forces
White Helmets say at least 18 people killed in strikes on five healthcare facilities including maternity hospital. A wave of airstrikes has pummelled hospitals and neighbourhoods in the rebel-held ...The Guardian - 1d -
The Memo: Democrats hit Biden for pardon that they see as gift to Trump
President Biden is facing blowback from his own party for his dramatic Sunday evening pardon of his son, Hunter Biden. A growing chorus of Democrats have raised their voices to object to the ...The Hill - 22h -
Murder arrest after mum rammed off e-bike
Alana Armstrong died when an e-bike was struck by a 4x4 vehicle in Pleasley, Derbyshire.BBC News - 18h