Latest in Credit Card Debt
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FICO and VantageScore are the 'Coke and Pepsi' of credit scoring, says credit expert—what to know about each
Although your VantageScore and FICO credit scores are calculated differently, the key to maintaining healthy scores is the same, according to credit expert.Business - CNBC - October 31 -
Pokémon Cards Are Back—No Binders Needed
Pokémon Trading Card Game Pocket reinvents the gacha game for a Pikachu-loving audience. It’s attracted millions of players—and more than a little controversy.Tech - Wired - Yesterday -
Housing, Tariffs and Debt: Four Experts Debate How to Fix the American Economy
One set of writers on the left and another on the right lay out competing visions for what the next president should do.Top stories - The New York Times - October 23 -
Global public debt will hit $100 trillion by year-end, says IMF
The IMF warned of the risks posed by unsustainable public debt levels.Business - CNBC - October 23 -
‘King of debt’ Donald Trump needs to reassure the bond markets — now
Millions of investors are watching the value of their bond funds sag almost daily as concerns about the impact of Trump’s policies on the national debt grow.Business - MarketWatch - October 26 -
Chancellor to change debt rules to release billions for infrastructure spending
Rachel Reeves tells the BBC the change will allow the government to borrow more money - but cuts are still expected in her first Budget next week.Top stories - BBC News - October 25 -
Biden unveils new student debt plan for people with financial hardships
President Joe Biden's plans to forgive student debt have hit legal roadblocks. Now a new plan would look to help people experiencing financial hardships.Top stories - CBS News - October 25 -
Bond market braced for rise in UK debt issuance to £300bn this year
Investment banks pencil in second-biggest annual gilt sales figure on record ahead of Labour’s first BudgetBusiness - Financial Times - October 28 -
The real monster this Halloween: Our national debt and a dysfunctional Congress
Congress is facing a potential government shutdown on Dec. 20 due to its reliance on continuing resolutions and bloated omnibus bills, and is being urged to address the monster of reckless spending.Politics - The Hill - October 28 -
Former British colonies owe ‘debt of gratitude’, says Robert Jenrick
Tory leadership candidate wades into reparations debate, arguing empire brought democratic institutions. UK politics live – latest updates Britain’s former colonies should be thankful for the ...World - The Guardian - October 29 -
S&P downgrades Thames Water debt further into ‘junk’ territory
Decision comes after troubled UK utility reached tentative deal on £3bn of emergency financingBusiness - Financial Times - October 29 -
They're middle class and insured, yet childbirth left them with crippling debt
Some middle-class families with private insurance face a risk of medical debt after childbirth. The group has been left behind by recent health care reforms.Top stories - NBC News - October 30 -
Poor nations are choking on debt — we must grasp the solutions
Political instability and meagre investment hobble large parts of the worldBusiness - Financial Times - November 1 -
US cancels $1.1bn of Somalia’s debt in ‘historic’ financial agreement
Commitment by Mogadishu’s largest single lender is latest in series of deals to forgive ‘unsustainable’ $4.5bn debt. Somalia has announced that more than $1.1bn (£860m) of outstanding loans will be ...World - The Guardian - November 6 -
What will happen to the U.S. dollar, deficit and debt under Trump? Watch gold.
Gold’s performance may offer hints on what will happen to the U.S. dollar, and how the U.S. deficit and debt story will play out, as incoming U.S. President Donald Trump takes office, analysts say.Business - MarketWatch - November 8 -
China Moves to Ease Debt Concerns---but Again Holds Off on Stimulus Measures
Investors’ hopes for large-scale support for the economy were dashed after an anticipatory stock-market surge in recent weeks.World - The Wall Street Journal - November 8 -
China unveils 10tn yuan support for debt-stricken local government
Cash stops short of hoped-for ‘bazooka option’, with critics calling it ‘an accounting exercise’ that will not bolster growth. China has announced 10tn yuan in debt support for local governments ...World - The Guardian - November 8 -
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Everyday Americans Keep Racking up Debt and Missing Payments
Economic pain is weighing on consumers as delinquency rates and household debt rise.Business - Inc. - November 14 -
Moody's downgrades Mexican government's outlook to 'negative' over weakening of judiciary and debt
Mexico's president has lashed out at Moody’s ratings service after it downgraded the Mexican government’s debt outlook to “negative.”World - ABC News - 5 days ago -
Spirit Airlines files for bankruptcy following mounting debt and a failed merger
Spirit Airlines said Monday it has filed for Chapter 11 bankruptcy protection after struggling with losses, growing debt and a failed merger during the post-pandemic travel lull.Top stories - NBC News - 3 days ago -
ECB warns low growth and high debt risk Eurozone crisis
Central bank report sounds alarm on potential concerns over ‘sovereign debt sustainability’Business - Financial Times - Yesterday -
How to fight the silent debt crisis engulfing the global south
Multilateral institutions must help these countries find the money to stave off climate changeWorld - Financial Times - Yesterday -
Is debt forgiveness a good option right now? Here's what experts say
If you're deep in debt, pursuing this type of relief may be an option — but it won't make sense for everyone.Top stories - CBS News - Yesterday -
Biden makes moves to cancel Ukraine’s debts ahead of Trump’s inauguration
The Biden administration is seeking to cancel $4.65 billion worth of debts owed to the U.S. by Ukraine ahead of Donald Trump’s inauguration on January 20 2025.Business - MarketWatch - 9 hours ago -
How an ex-Goldman banker built a $10bn private credit ‘whale’ — and now may sell it
After years of preparation, HPS is on the verge of either a deal or an IPOBusiness - Financial Times - October 24 -
Biden administration expands tax credit for producing solar, wind and battery components
The Biden administration is expanding a federal tax credit that seeks to incentivize domestic production of components for solar and wind energy, as well as batteries. The Treasury Department ...Politics - The Hill - October 24 -
California Governor Proposes $750 Million in Annual Film Tax Credits
Gov. Gavin Newsom wants to more than double the amount the state offers in incentives, which would make its program one of the nation’s most generous.Business - The New York Times - October 27 -
Will Newsom's expanded tax credit program save California's film industry?
Gov. Gavin Newsom unveiled plans over the weekend to raise the cap on California's film and TV tax credit program. Will it save Hollywood from ruin?Entertainment - Los Angeles Times - October 28 -
SoFi’s stock rally takes a breather despite improving credit trends
Analysts called out improvement in credit performance as a major positive coming out of SoFi’s third-quarter report, but the stock was falling hard.Business - MarketWatch - October 29 -
Does Africa need its own credit rating agency?
A pan-continental body is not a cure-all for its debt problemsWorld - Financial Times - October 29 -
How To Unlock Dragon Age: The Veilguard's Secret Post-Credits Scene
Once your adventure in Dragon Age: The Veilguard draws to a close, you'll find yourself staring at the main menu. But, wait, did you see anything after the credits rolled? Well, there's ...Tech - GameSpot - November 2 -
Coons: Voters 'didn't give us credit' for Biden administration's work
Sen. Chris Coons (D-Del.) said on Wednesday he did not think voters gave his party enough credit for the bipartisan legislation that was signed into law during the Biden administration. In an ...Politics - The Hill - November 6