Latest in Debt Everything Know
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Americans' credit card debt reaches new record high: Federal Reserve
Americans' household debt is at a new all-time high $18.04 trillion, according to a report released Thursday by the Federal Reserve Bank of New York.ABC News - Feb. 13 -
Ronald Reagan’s budget czar warns of ‘Trump’s $30 trillion debt disaster’
David Stockman was the O.G. ‘DOGE’ hatchet man.MarketWatch - 6d -
Banks Sell $4.7 Billion of X’s Debt, in a Sign of Investor Demand
The social media company is attracting investor interest because of Elon Musk’s close ties to President Trump and a recent jump in revenue.The New York Times - 6d -
3 things to say (and 3 not to) when asking for credit card debt forgiveness
The debt forgiveness negotiation process is a delicate dance, and just one wrong move could cause big issues.CBS News - 5d -
UK housing market debt falls as older generations pay off mortgages
Fewer first time buyers have been able to get on housing ladder, Savills data showsFinancial Times - 4d -
Ethiopia bond investors accuse IMF over debt relief
Debtholders committee says government finances boosted by jump in coffee and gold exportsFinancial Times - 3d -
What is the rule of 72 for credit card debt (and why does it matter)?
The rule of 72 exposes the true cost of procrastination when it comes to credit card debt. Here's how it works.CBS News - 2d -
Despite DOGE, Trump's agenda calls for adding trillions of dollars to U.S debt
WASHINGTON — President Donald Trump and his billionaire adviser Elon Musk have sent shock waves through the federal government by attempting to take a hatchet to certain agencies in the name of ...NBC News - 1d -
Appeals courts blocks Biden student debt relief plan
An appeals court ruled Tuesday to block former President Biden’s Saving on Valuable Education (SAVE) income-driven repayment plan that lowered monthly payments for some borrowers and quickened the ...The Hill - 1d -
What is the credit card debt statute of limitations (and why does it matter)?
Understanding the statute of limitations on your credit card debt can have a big impact on how you handle it.CBS News - 1d -
Trump floats using DOGE savings to pay Americans, pay down debt
President Trump on Wednesday said his administration is considering using some of the money saved from Elon Musk and his team slashing government spending to pay down the federal debt and ...The Hill - 20h -
Super Bowl: Kendrick Lamar, the ads, Taylor Swift and everything but the football – as it happened
While the game goes ahead, it’s a big night for culture with a much-anticipated half-time show, a string of big name ads and a returning role for Taylor Swift. Follow the game here Brad Pitt ...The Guardian - Feb. 10 -
Billionaire David Tepper built on his ‘everything’ China bet as rally faded
David Tepper added to his stakes in Chinese companies and ETFs during the fourth quarter, a regulatory filing shows.MarketWatch - Feb. 10 -
‘The Boss of Everyone and Everything’: Trump Seeks to Influence Many Spheres
No paper straws or local bike lanes. President Trump is increasingly trying to enforce his will on areas like the arts, sports, news, private companies and college campuses.The New York Times - Feb. 13 -
Pete Hegseth says ‘everything is on the table’ to end Ukraine war
US defence secretary suggests cutting number of American troops in Europe could even be part of a deal with Russia. The US defence secretary, Pete Hegseth, has said “everything is on the table” to ...The Guardian - Feb. 13 -
The Arch Manning takeover, Carson Beck in Miami: Everything we're excited for in 2025
Our reporters preview the 2025 season and break down everything they're excited to watch.ESPN - 5d -
AI is the future of tech, but its effects on the climate could change everything
Big Tech should act now, in the early days of AI.The Hill - 5d -
Unrivaled’s 1-on-1 tournament was everything the NBA All-Star Game wants to be
Nearly 50 years after it adopted the slam dunk contest from the ABA, perhaps it’s time to once again for the NBA to look outward for a solution to its perpetual All-Star problem. To paraphrase a ...The Guardian - 4d -
Seahawks GM aware of team's deficiencies: 'We have a plan to address everything'
The Seahawks need help in the trenches on both sides of the ballCBS Sports - 3d -
David Squires on … celebrating the beauty in football amid everything else
Our cartoonist looks at respite for Spurs, Moyesmentum on Merseyside and why it’s time to find some joy. You can buy a copy of this cartoon in our Print Shop David’s new book, Chaos in the ...The Guardian - 2d -
Passengers describe Toronto crash-landing: "Everything went sideways"
Passengers aboard the Delta Air Lines plane that flipped onto its back after crash-landing in Toronto recalled the frightening incident.CBS News - 2d -
‘They gave everything’: Rodgers proud of Celtic after late defeat by Bayern
Stoppage-time Alphonso Davies goal settles playoff ‘I can only take immense pride from the performance’ Brendan Rodgers expressed his “immense pride” at Celtic’s showing at the Allianz Arena, ...The Guardian - 1d -
Medicare Doesn’t Pay for Everything: How to Bridge the Cost Gap
Older Americans have ways to protect against high out-of-pocket health care costs, but it’s important to understand the trade-offs.The New York Times - 1d -
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A Crisis at Planned Parenthood: What to Know
Planned Parenthood clinics around the country are facing complaints of substandard health care and poor morale amid chronic funding problems, a New York Times investigation found.The New York Times - 5d -
Small Businesses Will Be Subjected to ‘the Fury of Debt Collectors’ for Covid Loans, According to Senate Dems
Proposed legislation could hurt struggling small businesses, Senator Ed Markey warns.Inc. - Feb. 7 -
RFK Jr. had up to $1.2 million in credit card debt — what experts say about tackling high balances
Robert F. Kennedy Jr.'s recent financial disclosures show a "massive" amount of credit card debt, according to experts.CNBC - Feb. 7 -
Trump has two strong options to defuse the U.S. debt time-bomb. He should use them.
AI-fueled productivity growth, combined with realistic and constructive immigration reform, would put the U.S. economy on more solid footing.MarketWatch - Feb. 8 -
Ray Dalio to the Trump administration: Cut debt now or face an 'economic heart attack'
Dalio stressed that governments are responsible, and that leaders should make a pledge to reduce the U.S. budget deficit from 7.5% to 3% of GDP or resign.CNBC - Feb. 13 -
Ray Dalio to the Trump administration: Cut debt now or face an 'economic heart attack'
DUBAI, United Arab Emirates — Hedge fund titan Ray Dalio issued a fresh warning about the U.S. economy, warning of dire consequences if the Trump administration does not cut the country’s debt.NBC News - Feb. 13 -
Credit card debt hit a record $1.21 trillion — here's why 'no one should be surprised,' expert says
Credit card balances rose in the fourth quarter of 2024, the New York Fed found. Consumer spending continues to remain strong, despite high borrowing costs.CNBC - Feb. 13 -
Nearly 100K protest Belgian plans to cut social services in strategy to reduce debt
Close to 100,000 protesters have thronged the center of Brussels while airports and public transport were largely paralyzed as trade unions took their ire to the streets over drastic plans of the ...ABC News - Feb. 13 -
Credit card debt hit $1.21 trillion. Here's why 'no one should be surprised,' expert says.
Collectively, Americans now owe a record $1.21 trillion on their credit cards, according to a new quarterly report on household debt from the Federal Reserve Bank of New York.NBC News - 6d -
Credit card debt hits a new record high: 3 ways to tackle yours now
Credit card debt has skyrocketed in recent months, and if you're carrying a balance, it's time to fix the issue.CBS News - 6d -
Wall Street banks have sold almost all $12.5bn of debt tied to Elon Musk’s Twitter purchase
Investor perception of debt has changed since Donald Trump’s election victoryFinancial Times - 6d -
One-third of Americans have more credit card debt than emergency savings: Survey
Millennials were most likely to have more debt than savings, with 42% falling into that category.The Hill - 6d -
What to Know About Canada’s Role in the Fentanyl Crisis
Responding to threatened tariffs by President Trump, Canada has unveiled a security plan aimed at tackling the trafficking of fentanyl, which is also killing many Canadians.The New York Times - Feb. 6 -
What to Know About the January Jobs Report
Job creation has fallen in 2025 but unemployment has also dipped.Inc. - Feb. 7 -
Missing Alaska flight found with no survivors: What to know
A small commuter aircraft that crashed in western Alaska Thursday was found on sea ice on Friday, with officials announcing that all 10 individuals aboard died. This incident marks one of the most ...The Hill - Feb. 8
