Debt Relief
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Australia unleashes rent and energy relief as inflation bites
Cost of living crisis divides country between homeowners and rentersFinancial Times - World - Australia -
Grief, but also relief for some, after President Raisi dies in helicopter crash
The death of President Ebrahim Raisi was greeted with grief and relief in Iran after he was confirmed to have been among those killed in a helicopter crash Sunday.NBC News - Top stories -
Your Money: Managing Your Debt
How to make a plan for tackling your debt, improving your credit score and feel like the money you owe isn’t controlling you.The New York Times - Top stories -
Janet Yellen's Risky Debt-Management Business
Her overreliance on short-term borrowing sets taxpayers up for a painful economic reckoning.The Wall Street Journal - World -
U.S. oil prices settle at one-week high on post-CPI relief rally and drop in crude supplies
U.S. oil prices settled at their highest level in a week on Thursday, extending a relief rally sparked by data showing a slowdown in key U.S. inflation data.MarketWatch - Business -
Are your seasonal allergies worse this year? Here's why—plus tips for symptom relief
Some people's seasonal allergies are worse this year. Here's why, plus effective ways to alleviate your allergy symptoms and still enjoy the spring.CNBC - Business -
As student loan forgiveness nears $160 billion, here's what to know about the relief programs
In attempts to fix the country's $1.6 trillion student loan system, the Biden administration has routinely announced forgiveness of large shares of that debt.CNBC - Business -
High debt levels put Europe at risk of ‘adverse shocks’, ECB warns
‘Fiscal slippage’ leaves countries vulnerable to geopolitical tensions and higher interest rates, says central bankFinancial Times - World -
CoreWeave Raises $7.5 Billion in Debt for AI Computing Push
The deal is one of the largest-ever private debt financings.The Wall Street Journal - Tech -
Shoppers are taking on credit-card debt to buy groceries. That’s ‘a canary in a coal mine.’
As grocery prices rise, one in four adults who pay for food with credit cards are carrying debt.MarketWatch - Business -
Soaring debt and deficits causing worry about threats to the economy and markets
Government debt that has swelled nearly 50% is capturing increasing worry both on Wall Street and in Washington.CNBC - Business -
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Gen Z knows it has a debt problem — and it’s getting help for it
“Instead of suffering in silence or going purely self-help,” younger people in debt “are looking into their options and talking to people,” one expert said.MarketWatch - Business -
4 dangers of not paying off your credit card debt
Skipping credit card payments may give you some relief when money is tight, but the repercussions can be serious.CBS News - Top stories -
Why you should consider credit card debt forgiveness before June
Credit card debt forgiveness may help you get out of debt faster. Here's why you should enroll before June.CBS News - Top stories -
Peloton unveils convertible-debt refinancing, and its stock falls 3%
Ailing Peloton Interactive Inc. said late Monday it will issue convertible bonds as part of a debt swap, sending the fitness company’s stock 3.3% lower in the after-hours session.MarketWatch - Business -
Average consumer carries $6,218 in credit card debt, as more borrowers are falling behind on their payments
Americans are increasingly falling behind on their credit card payments, recent reports show.CNBC - Business -
Refinancing student debt is risky amid Biden forgiveness push. Borrowers 'forever lose access' to safety nets, advocates say
As protections and relief options for federal student loan borrowers grow, refinancing your debt may be a risky move, consumer advocates say.CNBC - Business - Joe Biden -
AI infrastructure startup CoreWeave raises $7.5 billion in debt deal led by Blackstone
CoreWeave's $7.5 billion debt financing follows a $1.1 billion funding round the startup announced two weeks ago.CNBC - Business -
Some vacationers expect to carry summer travel debt, report finds. Here's how to avoid that
Americans are looking forward to traveling this summer, but some won't pay off their credit cards. Here's how to lower costs and avoid summertime debt.CNBC - Business -
Trump’s immigration plan could add trillions of dollars to national debt, fueling inflation and market jitters
Donald Trump’s tax and spending plans for his would-be second term in office imply a willingness to see the federal budget deficit rise to truly unprecedented levels.MarketWatch - Business -
Many remember solid economy under Trump, but his record also full of hype, debt
Numbers show that the economy during Donald Trump’s presidency has never lived up to his own hypeABC News - Top stories -
Gold Futures Set New Record on China Debt, Rate-Cut Hopes and Geopolitical Fears
Gold futures reached a new record settlement as Chinese investors flock to safe havens, rate-cut hopes grow and geopolitical tensions mount.The Wall Street Journal - World - China -
‘The stress is killing me’: I’m 73 and crumbling under $200,000 in debt — and I have no savings. Can anyone help me?
“I’m current with all my bills but barely make minimum payments.”MarketWatch - Business -
Target, Aldi cut prices on staples like chicken, diapers and pet food as shoppers rack up grocery debt
‘Consumers are feeling pressured,’ a Target executive said, while Walmart also lowered pricesMarketWatch - Business -
Americans are going into debt to buy groceries. Here's why those balances can be difficult to pay down
Americans have been grappling with higher food costs since 2021. To get relief, some are turning to credit cards, buy now, pay later programs or payday loans.CNBC - Business -
IMF warns Hunt against UK tax cuts as it flags £30bn funding gap
Fund says real departmental spending growth may rise at double the pace seen in official projectionsFinancial Times - Business - United Kingdom -
AMC bonds holding most of their gains after last week’s debt-for-equity swap
AMC Entertainment Inc.’s bonds have held on to last week’s gains even as the movie-theater chain’s shares tumbled in the wake of their meme-stock rally.MarketWatch - Business -
‘I racked up $45,000 in credit-card debt doing home repairs’: Should I refinance my $1.5 million house — or take out a personal loan to pay it off?
“We live in a very strong housing market in Los Angeles so we’re not worried about it losing value.”MarketWatch - Business