Latest in Debt Hamper Trump’s
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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 - November 18 -
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 - November 18 -
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 -
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 - November 18 -
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 - November 18 -
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 - November 19 -
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 - 6 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 - 5 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 - 5 days ago -
Moscow offers debt forgiveness to new recruits and AP sees wreckage of a new Russian missile
Russian President Vladimir Putin has signed a law granting debt forgiveness to new army recruits who enlist to fight in UkraineWorld - ABC News - 2 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 -
What legal actions can creditors take if you don't pay your credit card debt?
The legal consequences that can come with unpaid credit card debt could have a big impact on your finances.Top stories - CBS News - Yesterday -
Jim Cramer defends cryptocurrency support: 'National debt worries are never going to go away'
CNBC's Jim Cramer on Tuesday defended his stance on cryptocurrency.Business - CNBC - 15 hours ago -
I inherited $200,000. One of my daughters is married with kids, but the other has debts. Do I split my windfall 50/50?
“She has incurred a lot of debt due to the financial strain of a sick pet, a car loan, student loans and an unpaid military home loan.”Business - MarketWatch - November 16 -
Public sector pay rises and debt interest costs push up UK government borrowing; Bitcoin nearing $100,000 – business live
UK records the second highest October borrowing since 1993, while crypto-friendly Trump pushes bitcoin towards $100k. The jump in UK borrowing last month ( see opening post ) makes it hard for ...World - The Guardian - 6 days ago -
We’ve racked up a ton of debt and don’t like the school district. Should we sell our house with a 2.5% interest rate?
“We want to move to a better neighborhood.”Business - MarketWatch - 4 days ago -
‘I became very frugal’: My husband and I are 40. I have $200,000 in student debt, while he has $600,000 in retirement savings. Are we in trouble?
“Neither of us will have an inheritance and everything we have, we built together.”Business - MarketWatch - November 17