Latest in Borrowers May Face
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Student loan borrowers may face higher payments under Trump
Consumer advocates are worried about the fate of the U.S. Department of Education's SAVE repayment plan in a second Trump administration.Business - CNBC - 7 hours ago -
3 ways President-elect Donald Trump's next term may impact student loan borrowers
The former president will return to the White House in January 2025 following his win over Vice President Kamala Harris.Business - CNBC - November 8 -
Medicaid May Face Big Cuts and Work Requirements
Republicans in Congress are eyeing cuts to Medicaid, which could threaten health coverage for tens of millions of poor Americans.Health - The New York Times - November 20 -
Banks may face uncertainties after election euphoria fades: analyst
Moody’s banking strategist Chris Stanley sees potential headwinds along with positive trends for banks in a new Trump administration.Business - MarketWatch - November 11 -
The stock market may be facing more than just a ‘lost decade’
The stock market’s prospects over the next decade are mediocre at best.Business - MarketWatch - 3 days ago -
If Trump is re-elected, a familiar face may lead the fight against wind: RFK Jr
Former allies have reacted with dismay to Kennedy’s alliance with Trump, who routinely mocks the climate crisis. Donald Trump has hurled insults at wind energy, calling it “bullshit” and ...World - The Guardian - November 1 -
Google may face demand to spin off Chrome in antitrust case. But will it actually happen?
Alphabet Inc.’s Google is headed into an uncertain year, as regulators reportedly want a federal judge to force the company to sell off Chrome. But nothing is certain about this antitrust case.Business - MarketWatch - November 19 -
UK Labour’s Budget borrows big, taxes more
Chancellor Rachel Reeves announced a £40bn tax increase and a sharp rise in borrowingWorld - Financial Times - October 31 -
Investors' reaction to Budget 'very different' to Truss, says Reeves's deputy
Treasury secretary speaks out to reassure the markets after a rise in the cost of government borrowing.Top stories - BBC News - November 1 -
UK government borrowing for October exceeds forecasts at £17.4bn
Data highlights challenges facing chancellor Rachel ReevesWorld - Financial Times - November 21 -
What Trump Means for Small Business Borrowing
Banks and lenders are hoping that certain regulations can be relaxed to better spur economic growth.Business - Inc. - 6 days ago -
How much equity can you borrow with a HELOC?
There are limits to the amount of equity you can tap into. Here's how much you can access with a HELOC.Top stories - CBS News - 2 days ago -
UK borrowing costs hit highest level this year as gilt sell-off intensifies
Bond markets unnerved by scale of extra borrowing in chancellor Rachel Reeves’ BudgetBusiness - Financial Times - October 31 -
Surge in UK borrowing costs is not a repeat of the 'mini-budget' crisis, economists say
"It isn't anything like we saw with the Trussonomics mini-budget when that spike really was high after those unfunded tax cuts came in," one analyst said.Business - CNBC - November 1 -
3 smart home equity borrowing moves to make this November
Considering tapping into your home equity this November? Here are three smart borrowing moves to know now.Top stories - CBS News - November 1 -
China borrows almost as cheaply as US in return to dollar bond market
Investors place nearly $40bn of orders to buy $2bn of bonds issued by China’s finance ministryBusiness - Financial Times - November 14 -
Companies rush to US bond market as Trump rally cuts borrowing costs
Borrowers ‘strike while the iron’s hot’ to raise more than $50bn this weekBusiness - Financial Times - November 15 -
Student loan servicers are pulling incorrect payments from borrowers' bank accounts, consumer protection bureau says
Lenders often encourage federal student loan borrowers to sign up for automatic payments. But a new report shows the decision can backfire.Business - CNBC - November 19 -
Student loan servicers are pulling incorrect payments from borrowers' bank accounts
Lenders often encourage federal student loan borrowers to enroll in automatic payments.Top stories - NBC News - November 19 -
Public sector pay deals help drive up UK borrowing
Borrowing was £17.4bn last month, the second highest October figure since monthly records began in 1993.Top stories - BBC News - November 21 -
Student loan legal battles delay SAVE borrowers' path to forgiveness
With the Biden administration's new student loan repayment plan is tied up in legal battles, millions of borrowers have had their monthly payments put on hold.Business - CNBC - November 22 -
3 things home equity borrowers should do before 2025
Homeowners considering borrowing from their home equity should consider making these three moves now, before 2025.Top stories - CBS News - 4 days ago -
4 things home equity borrowers should avoid going into 2025
Homeowners looking to get the most value from their home equity going into 2025 should carefully avoid these items.Top stories - CBS News - 3 days ago -
French sovereign borrowing costs rise to highest premium in 12 years
Government faces risk of collapse over planned austerity budget. Business live – latest updates French sovereign borrowing costs have soared to the highest premium since the eurozone debt ...World - The Guardian - 2 days ago -
What home equity borrowers should think about before applying now
Home equity borrowing should be approached carefully and strategically. Here's what owners should think about now.Top stories - CBS News - 2 days ago -
FirstFT: US consumers continue to spend, spend, spend
Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election resultWorld - Financial Times - October 31 -
UK borrowing costs soar day after Labour government unveiled tax-raising budget
U.K. bond yields spiked sharply Thursday after the ruling Labour Party unveiled a sweeping package of tax hikes and increased borrowing.Business - CNBC - October 31 -
UK’s borrowing costs rise as Reeves’s budget prompts fears of slower interest rate cuts
Markets conclude higher level of public spending could lead to higher inflation, making cuts in Bank of England rate less likely. . UK government borrowing costs have risen to their highest level ...World - The Guardian - October 31 -
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How to say 'no' when family and friends ask to borrow money, from a financial therapist
Here's one way to set financial boundaries with friends or family members and how to manage guilt when you need to say no, according to a financial therapist.Business - CNBC - November 10 -
I’m 69 and have $10,000 in legal bills from my divorce. Is now the time to borrow from my IRA?
“I never dreamed I’d be in this position.”Business - MarketWatch - November 12 -
What will a second Trump term mean for student-loan borrowers? Project 2025 and the Betsy DeVos era offer clues
The president-elect’s approach to student-loan debt is likely to mark a radical departure from the Biden administration’sBusiness - MarketWatch - November 12 -
30% of federal student loan borrowers have gone without food or medicine, CFPB finds
Thirty percent of student loan borrowers say they've gone without food or medicine due to their monthly bills, the Consumer Financial Protection Bureau finds.Business - CNBC - November 13 -
Public sector pay rises and debt interest costs push up UK government borrowing; Bitcoin nearing $100,000 – business live
UK records the second highest October borrowing since 1993, while crypto-friendly Trump pushes bitcoin towards $100k. The jump in UK borrowing last month ( see opening post ) makes it hard for ...World - The Guardian - November 21 -
20-year-olds borrowed $9,000 from their parents for a college startup—then launched a new business with sales of $1 million a month
Winston Alfieri and Troy Bonde were just 20 and 21 when they came up with the idea for Sauz, which is now available at retailers around the country.Business - CNBC - 4 days ago