Latest in Debt Crisis
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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 -
Here's how your credit card debt can become uncollectible
If you're behind on your payments or are curious about your rights regarding old debt, here's what to know.Top stories - CBS News - November 11 -
How to get rid of credit card debt without ruining your credit
You don't have to sacrifice your credit score to get rid of credit card debt. There are lots of routes to consider.Top stories - CBS News - November 11 -
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 -
Here's how to qualify for credit card debt forgiveness before 2025
Debt forgiveness could help you save money on what you owe, but you'll need to meet some requirements to enroll.Top stories - CBS News - November 12 -
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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 -
What are the best ways to get rid of credit card debt in retirement?
New research shows that retirees' credit card debt is growing. Here's how you can tackle yours now.Top stories - CBS News - 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 - November 15 -
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 - November 18 -
5 surprising credit card debt consolidation benefits to know
Drowning in credit card debt? Consolidation does more than you might think.Top stories - CBS News - November 18 -
3 important things to know if your credit card debt goes to collections
If your credit card debt is delinquent and is now in the hands of a debt collector, here's what to know.Top stories - CBS News - November 18 -
Will enrolling in a credit card debt management program hurt your credit?
Certain debt relief strategies can have a negative impact on your credit — but is debt management one of them?Top stories - CBS News - November 19 -
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 -
5 ways to tackle your credit card debt before the holidays
These useful tips can help you deal with your lingering debt issues before the holiday season arrives.Top stories - CBS News - November 20 -
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 - November 21 -
Will my credit score drop if I pay a credit card debt collector?
Paying off an old debt could have an impact on your credit score — but not always in the way you'd think.Top stories - CBS News - November 21 -
5 signs you need debt relief before the holidays, according to experts
These subtle red flags may indicate you need debt assistance before splurging on holiday gifts, experts say.Top stories - CBS News - 6 days ago -
Should you apply for credit card debt forgiveness before the holidays?
For many users, a credit card debt forgiveness program may be worth pursuing now, before the holidays. Here's why.Top stories - CBS News - 6 days ago -
The Bahamas will refinance part of its debt to protect its famous turquoise waters
The Bahamas says it will refinance $300 million of its external debt to free up more than $120 million for marine conservation projects and climate change mitigationWorld - ABC News - 6 days ago -
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 - 5 days ago -
Rising price of paying national debt a risk for Trump's promises on growth, inflation
Donald Trump has big plans for the economyTop stories - ABC News - 3 days ago -
How to cut your credit card debt before the holidays
Don't let your credit card debt compound this holiday season. Here's how to take action in advance.Top stories - CBS News - 3 days ago -
Retirees are facing financial strain as credit-card debt spikes
More retirees are carrying credit card balances they’ll struggle to pay off.Business - MarketWatch - 2 days ago -
Sri Lanka launches debt swap deal to end sovereign default
Agreement with bondholders expected to bring two-year restructuring saga to a closeWorld - Financial Times - 2 days ago -
Why you shouldn't wait for 2025 to tackle your credit card debt
Waiting until January or later to deal with your credit card debt could be a major mistake. Here's why.Top stories - CBS News - 2 days ago -
Do you need good credit to enroll in a debt forgiveness program?
Your credit score can impact your eligibility for some debt relief options, but does that include debt forgiveness?Top stories - CBS News - Yesterday -
How to lower your credit card debt this Black Friday
Black Friday spending could cause your credit card debt to grow quickly out of control. Here's how to lower it now.Top stories - CBS News - 22 hours ago -
Everton owner Moshiri makes pledge over £451m debt if takeover drags on
Debt would be converted into shares to avoid payment Moshiri committed to waiving debt in Friedkin deal Farhad Moshiri has agreed to convert his £451m loan to Everton into shares if the club has ...World - The Guardian - 12 hours ago -
Pep: Man City injury crisis no excuse for shock loss
Manchester City manager Pep Guardiola preferred not to use injuries as an excuse for a 2-1 loss at Bournemouth on Saturday that ended their 32-game unbeaten streak.Sports - ESPN - November 3 -
Harris and Trump are ignoring the US defense crisis
Why have Kamala Harris and Donald Trump completely ignored any serious discussion of the dire state of America’s defenses in the campaign?Politics - The Hill - November 4 -
Kroger Finalizes $1.37 Billion Opioid Crisis Settlement
Kroger finalized a $1.37 billion settlement in connection with the grocery chain’s role in the U.S. opioid crisis, Nevada Attorney General Aaron Ford said.Business - The Wall Street Journal - November 4 -
Europe’s unity at risk as sense of crisis grows
The EU needs investment to boost growth and competitiveness, but the debate over who pays has echoes of the financial crisisWorld - Financial Times - November 8