Latest in Debt Historic Financial
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US cancels $1.1bn of Somalia’s debt in ‘historic’ financial agreement
Commitment by Mogadishu’s largest single lender is latest in series of deals to forgive ‘unsustainable’ $4.5bn debt. Somalia has announced that more than $1.1bn (£860m) of outstanding loans will be ...World - The Guardian - 6 hours ago -
Biden unveils new student debt plan for people with financial hardships
President Joe Biden's plans to forgive student debt have hit legal roadblocks. Now a new plan would look to help people experiencing financial hardships.Top stories - CBS News - October 25 -
As nervous investors worry about the presidential election, public debt is a top concern financial advisors say
The impacts of outstanding U.S. debt could have long-lasting implications beyond the November election, according to new research.Business - CNBC - October 18 -
Student-loan borrowers facing financial hardship could get debt forgiveness — if Biden’s new plan survives
Student-loan borrowers struggling financially may have a path toward debt relief if the Biden administration gets its way.Business - MarketWatch - October 25 -
Biden's latest student debt plan would create forgiveness path for borrowers facing financial ruin
The Biden administration introduced a proposal to deliver student loan forgiveness to millions of people experiencing devastating financial hardship.Business - CNBC - October 25 -
What debt types does debt consolidation cover?
Debt consolidation can be a smart way to cut down on interest charges — but there are limitations to know about.Top stories - CBS News - October 21 -
The great wall of debt
Given the pile of maturing financing, 2025 and 2026 will prove challenging years for investorsBusiness - Financial Times - October 17 -
Donald Trump's historic comeback
The former president claims "unprecedented mandate"Top stories - BBC News - 8 hours ago -
Financial Services Roundup: Market Talk
Find insight on Royal Bank of Canada, RHB Bank, Bank of Queensland and more.in the latest Market Talks covering Financial Services.Business - The Wall Street Journal - October 16 -
Financial Services Roundup: Market Talk
Find insight on Hong Kong Exchanges & Clearing, St. James’s Place, Man Group and more in the latest Market Talks covering Financial Services.Business - The Wall Street Journal - October 17 -
Financial Services Roundup: Market Talk
Find insight on Man Group, Kasikornbank, Swedbank and more in the latest Market Talks covering Financial Services.Business - The Wall Street Journal - October 23 -
Financial Services Roundup: Market Talk
Find insight on Close Brothers, Intesa Sanpaolo, Bank Central Asia and more in the latest Market Talks covering Financial Services.Business - The Wall Street Journal - October 25 -
Financial Services Roundup: Market Talk
Find insight on Brookfield, Secure Trust Bank and more in the latest Market Talks covering Financial Services.Business - The Wall Street Journal - 5 days ago -
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Financial Services Roundup: Market Talk
Find insight on Westpac, QBE, Citigroup and more in the latest Market Talks covering Financial Services.Business - The Wall Street Journal - 22 hours ago -
Will credit card debt forgiveness cover my $40,000 debt?
Getting rid of your credit card debt is important, but is debt forgiveness the right approach? Here's what to know.Top stories - CBS News - October 14 -
Will credit card debt forgiveness cover my $15,000 debt?
If you're trying to tackle $15,000 in credit card debt, it's important to find the right strategy first.Top stories - CBS News - October 15 -
Will credit card debt forgiveness cover my $25,000 debt?
With credit card interest rates high, many borrowers may need forgiveness now. But can it cover $25,000 worth of debt?Top stories - CBS News - October 16 -
Will credit card debt forgiveness cover my $3,000 debt?
Stuck with a $3,000 credit card bill? Here's how to get help now.Top stories - CBS News - October 23 -
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 - Yesterday -
An Alarming Glimpse Into a Future of Historic Droughts
Record dry conditions in South America have led to wildfires, power cuts and water rationing. The world’s largest river system, the Amazon, which sustains some 30 million people across eight ...World - The New York Times - October 21 -
Discover Financial, SEC Working to Resolve Misclassification Matter
The SEC’s comments largely focus on the allocation of previously incurred card misclassification charges between revenue and expense, Discover said.Business - The Wall Street Journal - October 16 -
Q3 2024 Webster Financial Corp Earnings Call
Q3 2024 Webster Financial Corp Earnings CallSports - Yahoo Sports - October 18 -
Israel strikes Hizbollah-linked lender in Lebanon
Attacks target militant group’s economic ‘system and strongholds’ particularly those of al-Qard al-HassanBusiness - Financial Times - October 21 -
Israel Strikes Hezbollah-Affiliated Financial Institution in Lebanon
Branches of Al-Qard al-Hasan, which functions as Hezbollah’s de facto banking arm but also operates as an alternative bank for Lebanese, were targeted around Beirut and across the country’s south ...World - The New York Times - October 21 -
The English county facing the biggest financial ‘black hole’
Even in relatively prosperous Hampshire, the cost of providing social care is swallowing up funding for everything elseBusiness - Financial Times - October 22 -
Climate change reshapes cities, both environmentally and financially
In thousands of U.S. towns and cities, worsening climate threats — largely due to fossil fuels — trap cities in a paradox. Big cities like Houston and Tampa, Fla., and smaller ones like Port ...Politics - The Hill - October 25 -
Chronic Diseases Can Come With Chronic Financial Pressure
For millions of Americans, paying for the treatment needed to manage their diseases can become its own lifelong problem.Top stories - The New York Times - 2 days ago -
IMF chief warns of ‘unforgiving’ debt backdrop and low growth
Kristalina Georgieva says governments’ reluctance to rein in spending heightens public finances challengeBusiness - Financial Times - October 17 -
Biden Cancels Another $4.5 Billion in Student Debt
The executive decision will help 60,000 borrowers, bringing the total number of public service workers getting loan forgiveness to more than 1 million.Business - Inc. - October 17 -
Debt rule to change to fund major projects
Government claims the move contrasts with former PM Liz Truss's controversial mini-Budget.Top stories - BBC News - October 18 -
Harris and Trump are equally silent on the expanding US debt
The nation is borrowing to finance current consumption rather than to make much-needed long-term investmentsWorld - Financial Times - October 18 -
'Holiday home dream left us crippled with debt'
Families who lost tens of thousands of pounds buying holiday caravans want the industry to change.Top stories - BBC News - October 24 -
Atos Debt Grows as Restructuring Effort Continues
Atos said its debt pile grew in the third quarter as the beleaguered French IT firm seeks to implement a financial restructuring aimed at restoring profitability.Business - The Wall Street Journal - October 24 -
Economist on whether the national debt is cause for concern
The national debt has reached a staggering $35 trillion, yet some economists argue it's not a problem. Stephanie Kelton, author of "The Deficit Myth," joins "CBS Mornings Plus" to explain how ...Top stories - CBS News - October 28 -
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 - 2 days ago