Latest in Debt Concerns
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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 -
Here's how an 86-year-old grandmother got her nearly $32,000 private student loan debt forgiven
Some lenders of private student loans offer disabled borrowers a way to get their debt forgiven. But the process is difficult to learn about and to navigate.Business - CNBC - November 2 -
Wall Street frenzy creates $11bn debt market for AI groups buying Nvidia chips
Huge loans for ‘neocloud’ groups raise concern over chipmaker’s dominance of artificial intelligence marketBusiness - Financial Times - November 4 -
Why credit card debt forgiveness is worth it even with more Fed rate cuts
Another interest rate cut was just issued. Here's why you should still pursue credit card debt forgiveness anyway.Top stories - CBS News - November 7 -
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 - November 8 -
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 economyWorld - ABC News - November 8 -
Shares in UK retailers fall as sector counts cost of NICs tax rise – business live
Rolling coverage of the latest economic and financial news. Tariffs, tech and Taiwan: how China hopes to Trump-proof its economy . Yesterday’s cut to UK interest rates doesn’t seem to have ...World - The Guardian - November 8 -
What should I do when a credit card debt collector contacts me?
If you've been contacted by a debt collector about old credit card debt, here's what you should do.Top stories - CBS News - November 8 -
'My 12 hours of uni each week are incredible value'
University fees are rising to £9,535, meaning students will be left in more debt after their course.Top stories - BBC News - November 10 -
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 -
28% of credit card users are still paying off last year's holiday debt. But that's an improvement
Americans tend to overspend during the holiday season. In fact, some shoppers are still paying off last year's purchases.Business - CNBC - November 12 -
Credit card debt hits record $1.17 trillion, New York Fed research shows
Credit card balances rose in the third quarter of 2024, the Federal Reserve Bank of New York found.Business - CNBC - November 13 -
Americans’ $1 trillion credit-card debt problem is inching in the right direction as inflation eases
Americans are still building up their credit-card balances, but they’re doing a better job paying those bills on time — and it could be sign that inflation’s bite is easing.Business - MarketWatch - November 14 -
Credit card debt just hit a new high. Here's how to tackle yours now.
The total amount of credit card debt nationwide just keeps climbing. Here's how to get rid of your card debt now.Top stories - CBS News - November 13 -
Still paying off last year's holiday debt? Here's what to do now.
If you haven't paid off last year's holiday credit card bills, use these strategies to tackle it now.Top stories - CBS News - November 15 -
3 times you should pay off credit card debt collections (and 3 times you shouldn't)
Paying off collections debt can be a smart financial move, but it won't make sense in every scenario.Top stories - CBS News - November 15 -
President Joe Biden has forgiven over $166 billion in student debt—see how much in each state
Fixes to existing forgiveness programs and a brief window under the new SAVE program allowed President Biden to forgiven $166 billion in student debt.Business - CNBC - November 15 -
AMC is poised to ride the box-office rebound, as long as its debt doesn't get in the way
AMC is taking strides to improve its revenue and coax lapsed moviegoers back into its theaters with premium screens and specialty popcorn buckets.Business - CNBC - 5 days ago -
AMC is poised to ride the box office rebound, as long as its debt doesn't get in the way
The domestic box office is on the rebound, having posted its highest third-quarter ticket sales since the pandemic.Top stories - NBC News - 5 days ago -
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 - 5 days ago -
Want to have your credit card debt forgiven? Avoid these 3 costly mistakes
If you want to settle your credit card debt for less than what you owe, make sure to avoid these big mistakes.Top stories - CBS News - 5 days ago -
Greece to repay chunk of bailout debt early and touts recovery during anger over cost of living
Prime Minister Kyriakos Mitsotakis says Greece is set to make an early repayment of 5 billion euros or $5.3 billion in bailout-era debt in 2025World - ABC News - 5 days ago -
Can you use a 401(k) hardship loan to pay off credit card debt?
You could pay off your credit card debt with your retirement funds, but there are likely better options.Top stories - CBS News - 4 days ago -
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 - 3 days ago -
Kent State football coach Kenni Burns taken to court for unpaid $24K credit card debt
Burns makes nearly $500K annually and is in his second year as Golden Flashes head coachSports - CBS Sports - 3 days ago -
Trump’s tax cuts and Musk’s Doge show they have no idea about US debt | Jeffrey Frankel
It is often said the tycoons know how to put America’s fiscal house in order – but the smart money says that’s not the case. When the US presidential election was called for Donald Trump, the yield ...World - The Guardian - 2 days ago -
3 ways to have your credit card debt forgiven in the final weeks of 2024
Don't let your high-rate credit card debt follow you into the new year. Take steps to have it forgiven now instead.Top stories - CBS News - 2 days ago -
When should you use home equity for debt consolidation? Here's what experts suggest.
Home equity can be a handy debt consolidation tool, but using it for this purpose also comes with some risks.Top stories - CBS News - Yesterday -
Concerns raised over access to UK Biobank data after ‘race scientists’ claims
Expert says any suggestion of Human Diversity Foundation accessing sensitive data could affect public trust in science. Concerns have been raised about access to a scientific trove containing the ...World - The Guardian - October 25