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Rising borrowing costs batter UK government and threaten to derail its left-leaning program
Britain’s new government, which is already facing anger over higher taxes, unpopular spending decisions and political scandals just six months after taking office, is now being battered by rising ...ABC News - Jan. 15 -
Biden says he helped get student debt forgiven for 5 million borrowers. Now it’s Trump’s turn to deal with the crisis.
The Biden White House took big swings at student-loan relief, but its efforts were complicated by opposition.MarketWatch - Jan. 13 -
Biden cancels student loans for 150,000 more borrowers
President Joe Biden announced his administration had approved student loan relief for more than 150,000 borrowers, bringing the total number who have had their student debt cancelled under the ...NBC News - Jan. 13 -
Biden's total student debt relief passes $183 billion, after he forgives another 150,000 borrowers
In his final days in office, President Joe Biden announced that his administration would forgive student debt for more than 150,000 borrowers.CNBC - Jan. 13 -
Biden announces student debt relief for 150,000 borrowers, bringing total helped to more than 5M
The Biden administration announced Monday it was forgiving student loans for more than 150,000 borrowers, bringing the total number of individuals impacted by debt relief in President Biden’s term ...The Hill - Jan. 13 -
Celebrities who lost their homes in the L.A. fires
Multiple stars have lost their homes to the flames, which began in Pacific Palisades Jan. 7 and quickly spread to Malibu and Santa Monica.MarketWatch - Jan. 13 -
Spike in UK borrowing costs raises specter of public spending cuts
Former U.K. Finance Minister Vince Cable told CNBC on Friday that the UK was not in an "emergency panic situation," but was stuck in a low-growth trap.CNBC - Jan. 13 -
Lakers, Clips expected to resume home slate Mon.
After the postponement of three games in the L.A. area due to ongoing wildfires, the Lakers and the Clippers are expected to return to action with home games Monday.ESPN - Jan. 13 -
More than a million student loan borrowers got debt forgiven in 2024. What to know at tax time
If your student loans were forgiven in 2024, you may be wondering if there are any tax implications.CNBC - Jan. 12 -
Synagogue Congregation Grieves in Borrowed Home After L.A. Fires
Across Los Angeles, congregants displaced by the blazes met for their first services in borrowed churches, synagogues and other temples.The New York Times - Jan. 12 -
The Surprising Grief of Having Your Home Survive a Wildfire
For people whose homes are spared in a wildfire while their neighbors lose everything, the road ahead can be isolating, plagued by feelings of guilt and shame.The New York Times - Jan. 12 -
Lakers coach Redick loses home in LA wildfires
Los Angeles Lakers head coach JJ Redick describes the "devastation and destruction" after losing his home in the LA wildfires.BBC News - Jan. 11 -
Supreme Court takes up Biden's proposal to expand relief for borrowers defrauded by schools
The Supreme Court decided Friday to take up the Biden administration’s appeal defending its proposal to ease applications for the Borrower Defense student debt relief program. In a brief order, ...The Hill - Jan. 10 -
Lakers' Redick loses home; Kerr: Fires 'surreal'
The Hornets-Lakers game was postponed because of the wildfires in the L.A. area that have claimed over 5,000 structures, including the home of Lakers coach JJ Redick.ESPN - Jan. 10 -
Will a home equity loan or HELOC be better this January?
The decision between the two popular home equity borrowing options will depend on these factors now.CBS News - Jan. 10 -
UK government borrowing costs rise towards 16-year high
Yields jump after strong US jobs data, threatening to wipe out room for extra borrowing under Labour’s budget rulesFinancial Times - Jan. 10 -
L.A. homes reduced to ashes amid fires
Tens of thousands in Los Angeles County are living a nightmare scenario as crews battle some of the worst wildfires the area has seen in years. CBS News correspondent Elise Preston reports and Mark ...CBS News - Jan. 9 -
Residents return to burned homes as LA fires rage on
Families are assessing the damage to their properties and communities as some of the fires are 0% contained.BBC News - Jan. 9 -
Pound falls to lowest in over a year after UK borrowing costs rise
Economists have warned the rise could mean further tax hikes or spending cuts by the government.BBC News - Jan. 9 -
UK government seeks to soothe bond market nerves after borrowing costs soar
Treasury vows to stick to its fiscal rules and says gilt markets functioning ‘in an orderly way’Financial Times - Jan. 9 -
UK borrowing costs rising - what does it mean for me?
Government borrowing costs have hit their highest level for several years - what does it mean for you?BBC News - Jan. 9 -
How to Get Your Company Ready to Borrow in 2025
Here are some tips to make your loan applications go smoothly and quickly in the new year.Inc. - Jan. 9 -
Multiple homes on fire in Studio City
KNBC's Julia Deng reports that multiple homes are on fire on Sunswept Drive in the Studio City area of Los Angeles, with the flames threatening a hillside behind the homes.NBC News - Jan. 9 -
Corporate borrowers kick off 2025 with record-setting $83bn bond bonanza
Issuers pounce on surging investor demand for debt before Donald Trump returns to the White HouseFinancial Times - Jan. 9 -
NHL postpones Kings' home game due to wildfires
The NHL postponed the Los Angeles Kings' home game against the Calgary Flames on Wednesday with several massive wildfires still burning across the greater Los Angeles area.ESPN - Jan. 8 -
Eaton Fire consumes homes in Altadena, Pasadena
The Eaton Fire has burned more than 10,000 acres in northeast Los Angeles County, forcing about 33,000 residents to flee. It has torched homes and burned houses of worship in the communities of ...CBS News - Jan. 8 -
As natural disasters intensify, affected student loan borrowers have options
Federal student loan borrowers affected by the wildfires ripping across Southern California have relief options if they’re worried about keeping up with their payments as they recover.NBC News - Jan. 8 -
3 cheap ways to borrow money without using a credit card now
With credit card interest rates high, it helps to explore these alternative, cheaper ways to borrow money right now.CBS News - Jan. 8 -
As natural disasters intensify, affected student loan borrowers have options
Federal student loan borrowers impacted by the latest wildfires in California and other natural disasters have options if they're struggling.CNBC - Jan. 8 -
Uncontained Fire Threatens Pacific Palisades Homes and Businesses
The blaze tearing through the posh neighborhood nestled above the Pacific Ocean has already consumed over 10 percent of area, and remains out of control.Inc. - Jan. 8 -
UK 10-year borrowing costs hit highest level since 2008
Treasury seeks to reassure markets as gilt sell-off threatens the government’s ability to meet its fiscal rulesFinancial Times - Jan. 8 -
Hot property: five homes in Veneto
From an apartment in a palazzo overlooking the Grand Canal to a castle in the medieval town of ConeglianoFinancial Times - Jan. 8 -
Trump ‘considering national economic emergency declaration’ to allow new tariffs; UK 10-year borrowing costs highest since 2008 – business live
Bond selloff drives yield on 10-year UK bonds to highest since 2008 financial crisis. Rise in UK borrowing costs could push Reeves to new public spending cuts Two UK investment trusts have ...The Guardian - Jan. 8 -
Borrowing home equity in 2025? 3 things to consider first
Borrowing home equity in 2025 could be beneficial for owners, as long as they first account for these three items.CBS News - Jan. 7 -
Faisal Islam: Soaring UK borrowing costs are a problem for Rachel Reeves
The Chancellor may face the prospect of breaking her own Budget rulesBBC News - Jan. 7 -
In Africa, Danger Slithers Through Homes and Fields
Venomous snakes bite millions of people worldwide each year, killing at least 120,000. Many of them are poor people in rural areas of Africa without easy access to treatment.The New York Times - Jan. 7 -
UK long-term borrowing costs hit highest level since 1998
Rising interest costs raise fears about chancellor’s ability to hit revised fiscal rulesFinancial Times - Jan. 7 -
Tibet earthquake: scores dead and hundreds of homes damaged
Quake damaged buildings in Shigatse and could be felt hundreds of kilometres away in Nepal and the Indian state of Bihar. A strong earthquake has struck near Shigatse, one of Tibet’s holiest ...The Guardian - Jan. 7 -
Netflix's "The Home Edit" stars on teaching kids to organize
The stars of Netflix's "The Home Edit" are teaching kids to organize with their new book, "The Rainbow Cleanup." Joanna Teplin and Clea Shearer share their tips for creating tidy spaces.CBS News - Jan. 6 -
What are my rights if my home is flooded or damaged?
Your rights explained as residents and businesses count the cost of storm damage.BBC News - Jan. 6