Debt Brake Government

Germany's Merz open to reforming debt brake on government spending

World - Yahoo News - Yesterday

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 - 6 days ago

Worries about deficit spending after election bog down U.S. government debt

With about two weeks left before the Nov. 5 election, Treasury yields extending their climb from September’s lows on Monday — spurred in part by growing concern about the path of the U.S. deficit ...

Business - MarketWatch - October 21

U.K. government bond yields hit 2024 highs as traders balk at increased debt sales

Benchmark U.K. bond yields hit their highs of the year on Thursday as investors balked at the increased borrowing set out in the government’s budget.

Business - MarketWatch - October 31

China announces $1.4 trillion package over five years to tackle local governments' 'hidden' debt

Authorities in Beijing have ramped up stimulus announcements since late September in an effort to bolster its flagging economy.

Business - CNBC - 6 days ago

China approves $840B plan to refinance local government debt, boost slowing economy

China has announced a 6 trillion yuan ($839 billion) plan to help local governments refinance their mountains of debt in the latest push to rev up growth in the world's second largest economy

World - ABC News - 6 days ago

Senate Republicans pump brakes on year-end omnibus

Senate Republicans are pumping the brakes on a year-end omnibus spending package as Sens. John Thune (R-S.D.), John Cornyn (R-Texas) and Rick Scott (R-Fla.) are locked in a battle to become the ...

Politics - The Hill - October 16

Stellantis Issues Global Recall for 44,500 SUVs With Brake Pedal Defect

Affected vehicles include some 2024 through 2025 model-year Alfa Romeo Tonale plug-in hybrid SUVs and some 2024 model-year Dodge Hornet plug-in SUVs.

Business - Inc. - October 17

Opponents of school choice hope to hit the brakes this Election Day

Next week’s elections bring a front for the school choice fight as voters in three states face ballot initiatives on the issue, an arena where advocates have not yet seen a win. Kentucky, Colorado ...

Politics - The Hill - October 31

In One Day, Two of the Biggest Brakes on Israel's Netanyahu Disappeared

The Israeli prime minister is expecting a freer hand from Washington as he pursues conflicts in Gaza, Lebanon and with Iran.

World - The Wall Street Journal - November 6

What debt types does debt consolidation cover?

Debt consolidation can be a smart way to cut down on interest charges — but there are limitations to know about.

Steelers' Mike Tomlin pumps brakes on Jayden Daniels-Lamar Jackson comparisons: One is 'a multi-time MVP'

Tomlin doesn't think it's fair to compare the rookie to 'Mr. Jackson'

Sports - CBS Sports - 3 days ago

The great wall of debt

Given the pile of maturing financing, 2025 and 2026 will prove challenging years for investors

Business - Financial Times - October 17

Will credit card debt forgiveness cover my $25,000 debt?

With credit card interest rates high, many borrowers may need forgiveness now. But can it cover $25,000 worth of debt?

Will credit card debt forgiveness cover my $3,000 debt?

Stuck with a $3,000 credit card bill? Here's how to get help now.

Will debt collectors sue over a $3,000 credit card debt?

A $3,000 credit card debt may seem minor, but some debt collectors could still aggressively pursue it. Here's why.

Does debt consolidation or debt forgiveness make more sense with bad credit?

Finding the right solution to your high-rate credit card debt can be tough if your credit is less than ideal.

New football regulator to be given power to tackle controversial 'parachute payments'

"Strengthened" legislation to establish an independent football regulator for the elite men's game in England is set to be introduced to parliament by the government.

The Power of Government Policies

The U.S. has the capacity to address its biggest problems. Whether it does is a different matter.

Top stories - The New York Times - October 17

Germany's Fractious Government Collapses

German Chancellor Olaf Scholz dismissed a pro-business party from his governing coalition, ending a three-year alliance marked by increasing internal dissent and political stasis.

World - The Wall Street Journal - November 6

The British government’s Trump dilemmas

Relations with both the US and EU are now called into question

Business - Financial Times - 3 days ago

IMF chief warns of ‘unforgiving’ debt backdrop and low growth

Kristalina Georgieva says governments’ reluctance to rein in spending heightens public finances challenge

Business - Financial Times - October 17

Biden Cancels Another $4.5 Billion in Student Debt

The executive decision will help 60,000 borrowers, bringing the total number of public service workers getting loan forgiveness to more than 1 million.

Business - Inc. - October 17

Debt rule to change to fund major projects

Government claims the move contrasts with former PM Liz Truss's controversial mini-Budget.

Harris and Trump are equally silent on the expanding US debt

The nation is borrowing to finance current consumption rather than to make much-needed long-term investments

World - Financial Times - October 18

'Holiday home dream left us crippled with debt'

Families who lost tens of thousands of pounds buying holiday caravans want the industry to change.

Atos Debt Grows as Restructuring Effort Continues

Atos said its debt pile grew in the third quarter as the beleaguered French IT firm seeks to implement a financial restructuring aimed at restoring profitability.

Business - The Wall Street Journal - October 24

Economist on whether the national debt is cause for concern

The national debt has reached a staggering $35 trillion, yet some economists argue it's not a problem. Stephanie Kelton, author of "The Deficit Myth," joins "CBS Mornings Plus" to explain how ...

How to qualify for a debt consolidation program this November

There could be big benefits to enrolling in a debt consolidation program now, but you'll have to qualify first.

3 reasons to consider debt relief this November

Not sure if your situation warrants the help of a debt relief servicer? Here are three timely reasons why it may.

Is it ever OK to ignore credit card debt collectors?

It can be tempting to ignore debt collectors' aggressive tactics, but it's generally not the best approach to take.

‘Positive’ medical debt credit reporting is a Trojan horse

Congress shouldn’t be fooled and let a Trojan horse hurt consumers by nullifying state laws and the CFPB’s effort to get medical debt off credit reports.

Politics - The Hill - November 6

Trump is the right president to finally tackle the national debt

Trump’s electoral victory will be much less meaningful if he leaves office in four years without addressing our debt and deficit problems.

Politics - The Hill - November 7

Can credit card debt in collections be forgiven?

There are lots of ways to deal with credit card debt that's in collections — but is debt forgiveness one of them?

Most Americans expect Trump to increase debt: Survey

A majority of Americans expect the national debt to rise under President-elect Donald Trump, according to a new Reuters/Ipsos survey conducted after the election. The poll found that 62 percent of ...

Politics - The Hill - 6 days ago

Most Americans Expect Trump to Increase National Debt

A Reuters/Ipsos poll shows a majority of people think the President-elect will drive the country further into debt, beyond its current $35 trillion level.

Business - Inc. - 6 days ago

Struggling With Debt? Bankruptcy Can Provide a Second Chance.

Many people who should consider filing for bankruptcy avoid doing so out of shame or fear it could ruin their credit. But it can provide much-needed relief.

Business - The New York Times - 5 days ago

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