Latest in Debt Brake Says
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Relax Germany’s debt brake, says Angela Merkel
Former chancellor’s memoirs back reform of borrowing cap that she introduced into constitutionWorld - Financial Times - Yesterday -
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German bond investors bet on an end to Berlin’s ‘debt brake’
A key indicator has fallen below zero for the first time as market braces for higher German borrowingWorld - Financial Times - 4 days ago -
Cop29 live: Slashing methane emissions is ‘our emergency brake’, UN says
Cop29 presidency announces new drive to cut methane emissions from waste dumps as G20 reaffirms transition from fossil fuels. The UK government has conceded that Australia was mistakenly included ...World - The Guardian - November 19 -
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 -
Credit card debt among retirees jumps — 'It's alarming,' researcher says
There's been a significant increase in the share of retirees with credit card debt since 2022, according to the Employee Benefit Research Institute.Business - CNBC - November 11 -
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 - November 20 -
U.S. Treasury says debt-auction sizes can remain steady for next several quarters
Agency to auction $125 billion next week, unchanged from last quarterBusiness - MarketWatch - October 30 -
Sovereign debt is the biggest risk to global growth in 2025, Saudi finance minister says
Global public debt hit a record $97 trillion in 2023, prompting the UN to call for urgent reforms for governments and financial systems around the world.Business - CNBC - October 31 -
Cop29 live updates: Carbon credit trade rules approved, breaking lengthy deadlock
Draft decision on article 6 approved with no objections. UN climate chief Simon Stiell gave a moving speech at the Cop29 opening plenary on Monday, writes Dharna Noor, fossil fuels and climate ...World - The Guardian - November 11 -
Should you use home equity to pay off debt before the holidays? What experts say
Using home equity to pay off debt before the holidays could make sense for some, but not everyone.Top stories - CBS News - November 18 -
Could Trump reinstate the student debt that Biden forgave? Here's what experts say
Millions of student loan borrowers have had their debt forgiven under the Biden administration. Could President-elect Donald Trump claw back that relief?Business - CNBC - 6 days ago -
Adani Group Says Its Companies Have Enough Cash to Meet Debt Payments
Adani Group said its companies have enough cash to meet debt obligations, days after a U.S. indictment against founder Gautam Adani sparked a multibillion-dollar selloff in the Indian ...Business - The Wall Street Journal - 2 days ago -
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 -
India reap the rewards of patience after Australia hit the brakes | Geoff Lemon
Visitors ease away to a commanding lead as Australia fade to the point of missing small moments on day two of the first Test in Perth. Imagine you’re doing the Keanu Reeves bit in Speed. You’re on ...World - The Guardian - 4 days ago -
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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.Top stories - CBS News - November 5 -
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.Top stories - CBS News - November 14 -
People's incomes are catching up with their debt
Credit card debt levels keep smashing records, but average balances are lower relative to borrowers' earnings than pre-pandemic and delinquencies are slowing.Top stories - NBC News - November 15 -
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 - November 11 -
Automatic Braking Systems Save Lives. Now They'll Need to Work at 62 MPH
A new report from AAA says newer systems prevent twice the number of collisions—and save lives. Regulators have ordered an expansion of the tech, but the auto industry says the upgrade won’t be easy.Tech - Wired - November 18 -
Italy puts brakes on ‘reckless’ e-scooter use with new helmet and insurance rules
Companies including Lime, Dott and Bird say requirements will slash demandWorld - Financial Times - November 20 -
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.Top stories - CBS News - October 29 -
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.Top stories - CBS News - October 30 -
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.Top stories - CBS News - November 4 -
‘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?Top stories - CBS News - November 7 -
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 - November 8 -
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. - November 8 -
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 - November 9 -
5 hidden costs of carrying credit card debt
These hidden costs are just as damaging — if not more so — than credit card interest and fees.Top stories - CBS News - 4 days ago -
National Debt Could Hamper Trump’s Plans for the Economy
Trump has tax cuts and tariffs on the docket, but the federal government’s debt could limit his goals.Business - Inc. - 2 days ago -
Have $40,000 in credit card debt? Here's what debt forgiveness could cover.
The right debt forgiveness program could lead to hefty savings on a $40,000 debt. Here's how.Top stories - CBS News - October 29 -
Have $35,000 in credit card debt? Here's what debt forgiveness could cover.
If you're facing $35,000 in credit card debt, debt forgiveness could have a big impact on your balance. Here's how.Top stories - CBS News - October 31 -
What will a debt collector do if I can't pay old credit card debt?
There are a few different strategies debt collectors can use when you're unable to pay off what you owe.Top stories - CBS News - November 5 -
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 -
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