Borrowing Unexpectedly

Reeves optimistic despite surprise rise in UK borrowing

Borrowing - the difference between spending and tax revenue - hit its highest December level for four years.

BBC News - 2h

UK borrowing jumps unexpectedly, adding to pressure on Rachel Reeves

Increase to £17.8bn is well above City forecasts and is highest December figure for four years. Business live – latest updates UK government borrowing jumped unexpectedly to £17.8bn last ...

The Guardian - 8h

UK borrows far more than expected in December

Government borrowing hits £17.8bn as chancellor Rachel Reeves faces pressure to turn around the economy

Financial Times - 10h

3 home equity loan questions borrowers should ask for 2025

Considering a home equity loan in 2025? Start by thinking about the answers to these three critical questions.

CBS News - 21h

Acting FBI chief unexpectedly retires as Trump's pick awaits confirmation

Paul Abbate made the unexpected announcement in an email to senior officials Monday ahead of President Trump's inauguration.

CBS News - 1d

FTSE 100 hits record as interest rate hopes push down UK borrowing costs

Nearly every share on the index rises as fall in value of pound helps multinational companies listed in London. Business live – latest updates The UK’s blue-chip stock index hit a record high ...

The Guardian - 5d

British retail sales unexpectedly drop in December

Pound falls and gilts rally as investors bet on more interest rate cuts

Financial Times - 5d

Reeves says she won't let critics get her down after UK borrowing costs rise

The chancellor tells the BBC she has got "what it takes" following a bumpy week for the UK economy.

BBC News - 5d

Biden forgives $4.5 billion in student debt for 261,000 borrowers who attended now-defunct Ashford University

The Biden administration announced Wednesday that it would forgive $4.5 billion in student debt for 261,000 borrowers who attended Ashford University.

CNBC - 6d

Biden administration seeks to avoid default crisis for student loan borrowers as garnishments resume

In a new memo obtained by CNBC, a top official at the U.S. Department of Education lays out ways to avoid a wave of new defaults by student loan borrowers.

CNBC - 6d

Biden administration seeks to avoid default crisis for student loan borrowers as garnishments resume

This year, for the first time in roughly five years, borrowers who have defaulted on their federal student loan debt will face collection activity, including the garnishment of their wages and ...

NBC News - 6d

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

UK inflation unexpectedly cools to 2.5%, core price print slows further

U.K. inflation fell to a lower-than-expected 2.5% in December, with core price growth slowing further, according to data released by the Office for National Statistics.

CNBC - 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

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

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

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

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 rules

Financial Times - Jan. 10

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

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 House

Financial Times - Jan. 9

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

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 rules

Financial Times - Jan. 8

Job Openings Rise Unexpectedly to 8.1 Million in Resilient Labor Market

Ahead of hiring numbers due out Friday, the Labor Department said the November jump in job openings, up from 7.8 million the month before, shows companies still need workers.

Inc. - 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 rules

BBC News - 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 rules

Financial Times - Jan. 7

Amit Yoran, chair and CEO of cybersecurity firm Tenable, dies unexpectedly after cancer battle

Amit Yoran, who ushered cybersecurity company Tenable into the public market as chief executive, died on Friday.

NBC News - Jan. 5

Amit Yoran, chair and CEO of cybersecurity firm Tenable, dies unexpectedly after cancer battle

Yoran led the cybersecurity company in its IPO in 2018.

CNBC - Jan. 4

Student loan borrowers should take these steps before presidential administration changes

The country's roughly 40 million federal student loan borrowers should brace for change when President Joe Biden exits office toward the end of the month.

CNBC - Jan. 3

3 safety features home equity loans offer borrowers now

These three unique features make home equity loan borrowing especially secure right now.

CBS News - Jan. 2

Borrowers cheer Biden's record-setting student loan forgiveness, but left bitter with the system

President Biden will leave office with the legacy of approving the greatest amount of student debt relief of any president, changing the lives of millions of Americans. Many of these borrowers ...

The Hill - Jan. 1

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