Deficit Debt Trump - QuikReader

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.

Bond market braced for rise in UK debt issuance to £300bn this year

Investment banks pencil in second-biggest annual gilt sales figure on record ahead of Labour’s first Budget

Business - Financial Times - October 28

The real monster this Halloween: Our national debt and a dysfunctional Congress

Congress is facing a potential government shutdown on Dec. 20 due to its reliance on continuing resolutions and bloated omnibus bills, and is being urged to address the monster of reckless spending.

Politics - The Hill - October 28

Former British colonies owe ‘debt of gratitude’, says Robert Jenrick

Tory leadership candidate wades into reparations debate, arguing empire brought democratic institutions. UK politics live – latest updates Britain’s former colonies should be thankful for the ...

World - The Guardian - October 29

S&P downgrades Thames Water debt further into ‘junk’ territory

Decision comes after troubled UK utility reached tentative deal on £3bn of emergency financing

Business - Financial Times - October 29

They're middle class and insured, yet childbirth left them with crippling debt

Some middle-class families with private insurance face a risk of medical debt after childbirth. The group has been left behind by recent health care reforms.

How long can delinquent credit card debt be collected?

The timeline for collecting late credit card debt may surprise you. Here's how long debt collectors can pursue it.

How to have your credit card debt forgiven this November

Need to have your credit card debt forgiven? There are a few ways to pursue this type of debt relief now.

Poor nations are choking on debt — we must grasp the solutions

Political instability and meagre investment hobble large parts of the world

Business - Financial Times - November 1

3 important credit card debt relief moves to make this November

Dealing with credit card debt issues? You may want to take these steps toward debt relief this month.

7 credit card fees that increase the cost of your debt

Interest charges aren't the only things that can cause your credit card debt to balloon. These fees can, too.

Can a 10-year-old credit card debt still be collected?

It's common for debt collectors to pursue old debts, but do you still owe the money? Here's what to know.

Southern Water at risk of debt default in event of further credit downgrades

Bond issue documentation shows UK utility under pressure over high financing costs

Business - Financial Times - 3 days ago

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 - 2 days ago

Can a 7-year-old credit card debt still be collected?

Credit card debt this old could still be collected on — but only in certain circumstances. Here's what to know.

What happens when a credit card charge-off is sold to a debt collector?

Has your charged-off debt been sold to a debt collector? Here's what you can expect to happen next.

Should I pay credit card debt that has been written off?

Paying off written-off debt may seem counterintuitive, but it can make sense in certain cases. Here's why.

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 - 13 hours ago

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 - 9 hours ago

China's Ministry of Finance is taking aim at local debt problems before tackling broader economic challenges

In his opening remarks on Saturday, Minister of Finance Lan Fo'an laid out four measures, starting with increasing support for local governments in resolving debt risks.

Business - CNBC - October 14

‘They are ruining my life’: how the shadowy world of debt collection can wreck your finances

A stranger’s bill can be passed, in your name, down a chain of companies until it reaches the courts without you knowing anything about it. The result can be catastrophic. James Barnett and his ...

World - The Guardian - October 14

Boeing’s Woes Mount, as Debt, Minimal Income, and a Hardening Strike Risk Bankrupting Company

Boeing announces layoffs and aircraft delays to cut costs, even as it continues racking up billions in losses from a month-long strike becoming more bitter each day.

Business - Inc. - October 14

IRS ruling on 401(k) company matches could open doors to pay off debt

A new Internal Revenue Service ruling on 401(k) company matches could change the way employees apply the contributions made by their employers. CBS News senior business and technology correspondent ...

Global public debt to hit $100tn this year, says IMF; Boeing to raise up to $25bn to shore up balance sheet – business live

Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected. Cooling labour market adds to Reeves’s tax-raising ...

World - The Guardian - October 15

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