Latest in Defuse U.s Debt
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Nearly half of credit card users are carrying debt — it may take months, or years, to pay off
Nearly half of Americans are starting off the new year in the red. And of those carrying credit card balances, many say it could take years to pay off.CNBC - Jan. 8 -
5 important credit card debt relief moves to make this January
Certain moves may help you break free from credit card debt, experts say. Here are five to explore this month.CBS News - Jan. 8 -
Meet the U.S. trio aiming for Barcelona stardom
USMNT hopefuls open up on life inside soccer's ultimate finishing school: Barcelona's La Masia academy.ESPN - Jan. 8 -
Why investors clinging to cash could lose money in U.S. debt-ceiling fight
Investors clutching cash might soon bear the brunt of a U.S. debt-ceiling fight, which could boil over in the next few weeks without a resolution.MarketWatch - Jan. 8 -
Mexico-U.S. Migration: What to Know
Donald J. Trump has said that Mexico is allowing an “invasion” of migrants into the United States. But the current situation on the ground tells a different story: Unlawful crossings at the ...The New York Times - Jan. 8 -
Jimmy Carter lying in state at U.S. Capitol
Jimmy Carter is lying in state at the U.S. Capitol ahead of his state funeral on Jan. 9. Scott MacFarlane has more on the late former president's journey from Georgia to Washington, D.C.CBS News - Jan. 7 -
New rule bans medical debt from credit reports
A new rule issued by the outgoing Biden administration will ban medical debt from appearing on people's credit reports. It's estimated the move will raise credit scores for around 15 million ...CBS News - Jan. 7 -
U.S. Presses for Release of Americans Held in Afghanistan
The White House has discussed a possible swap with the Taliban for a prisoner at Guantánamo Bay, according to people familiar with the matter.The New York Times - Jan. 7 -
Jimmy Carter's casket taken into U.S. Capitol
Former President Jimmy Carter's casket was carried into the U.S. Capitol and into the Rotunda where he will lie in state until his funeral service on Thursday. Carter died at 100 and lived longer ...CBS News - Jan. 7 -
Jimmy Carter's casket arrives at the U.S. Capitol building
A military funeral procession arrived at the U.S. Capitol building Tuesday, with a horse and carriage carrying former President Jimmy Carter's casket. The motorcade route through Washington, D.C., ...CBS News - Jan. 7 -
Jimmy Carter's casket arriving at U.S. Navy Memorial
A horse-drawn caisson is awaiting former President Jimmy Carter's casket at the U.S. Navy Memorial for a procession to the Capitol. CBS News' Ed O'Keefe reports.CBS News - Jan. 7 -
Jimmy Carter to be honored in service at U.S. Capitol
Republicans and Democrats in Washington, D.C., have united to honor former President Jimmy Carter as his casket heads to Capitol Hill to lie in state. CBS News' Nikole Killion has more on the plans.CBS News - Jan. 7 -
Clyburn: Eliminating debt ceiling only area 'I really agree with Donald Trump on'
Rep. James Clyburn (D-S.C.) said Tuesday that eliminating the debt ceiling is the only area “I really agree with Donald Trump on.” “We should do away with it altogether,” Clyburn told CNN’s John ...The Hill - Jan. 7 -
Speaker Johnson: ‘Intention’ is to increase debt limit in massive Trump agenda bill
Speaker Mike Johnson (R-La.) said that congressional Republicans plan to increase the nation’s borrowing limit as a part of a massive party-line bill that they are crafting that will encapsulate ...The Hill - Jan. 7 -
CFPB finalizes rule to remove estimated $49 billion in medical debt from credit reports
Medical debt comprises the largest category of unpaid balances in collections. The CFPB wants to help ensure that doesn't ruin Americans' finances.CNBC - Jan. 7 -
Can I qualify for credit card debt forgiveness with a low credit score?
A low credit score could limit your debt relief options — but will it make you ineligible for debt forgiveness?CBS News - Jan. 7 -
First U.S. bird flu death reported in Louisiana
A Louisiana resident has died after being hospitalized last month with bird flu. There have been 66 human cases of bird flu reported in the U.S. since the current outbreak started in April. "CBS ...CBS News - Jan. 7 -
Biden administration finalizes rule to strike medical debt from credit reports
U.S. consumers will no longer have medical debt appear on their credit reports under to a new rule the CFPB finalized Tuesday.NBC News - Jan. 7 -
Medical debt banned from credit reports by new Biden administration rule
Unpaid medical bills will no longer appear on credit reports under a final rule announced by the Biden administration.CBS News - Jan. 7 -
New federal rule will remove medical debt from credit reports
A new rule on medical debt could affect millions of Americans' credit scores.ABC News - Jan. 7 -
Biden Administration Moves to Ban Medical Debt From Credit Reports
The future of the new rule remains in question, however, with President-elect Donald J. Trump set to return to the White House this month.The New York Times - Jan. 7 -
CFPB finalizes rule barring medical debt from credit reports
The Consumer Financial Protection Bureau (CFPB) on Tuesday finalized its rule barring medical debt from being included on credit reports, potentially freeing up billions in credit. The finalized ...The Hill - Jan. 7 -
U.S. Adds Tencent to Chinese Military Companies Blacklist
Tencent’s shares plunged nearly 10 percent after it was designated a military company. The Chinese battery manufacturer CATL was also added to the list.The New York Times - Jan. 7 -
Millions across U.S. under winter storm warnings
Over 34 million Americans are under winter storm warnings as heavy wind and snow blanket the Midwest through the East Coast. According to FlightAware, more than 2,000 U.S. flights were canceled due ...CBS News - Jan. 6 -
First bird flu death in U.S. reported in Louisiana
For the first time, bird flu has claimed a human life in the U.S. Louisiana's health department says the patient was over the age of 65 and reportedly had underlying health problems.CBS News - Jan. 6 -
First Bird Flu Death in U.S. Reported in Louisiana
The deceased was over 65 and had other medical conditions, state officials said.The New York Times - Jan. 6 -
U.S. Eases Some Restrictions on Humanitarian Aid to Syria
The authorization comes after rebels toppled the Syrian government last month and is intended to allow humanitarian groups to operate more freely without running afoul of U.S. sanctions.The New York Times - Jan. 6 -
Winter storm disrupts thousands of U.S. flights
The Washington, D.C., area had the bulk of the day's cancellations from the winter storm.CNBC - Jan. 6 -
Latest news on 4 viruses on the rise across the U.S.
Cases of COVID, flu, RSV and norovirus appear to be on the rise in the U.S. as millions of Americans wrap up the holidays. CBS News medical contributor Dr. Celine Gounder has more on the viruses.CBS News - Jan. 6 -
$119 billion of U.S. government debt to be issued this week, raising questions about demand
A total of $119 billion in U.S. government debt issuance is about to drop this week through Wednesday, pushed forward due to Thursday’s abbreviated session for bond traders as the country marks the ...MarketWatch - Jan. 6 -
Heavy snow slams part of the U.S.
The northeast of the U.S. has already seen several inches of snow as temperatures fall and driving conditions worsen. CBS News Philadelphia's Nikki Dementri has more from Cape May, New Jersey, and ...CBS News - Jan. 6 -
Is it legal for a credit card company to sell your delinquent debt?
There are a few routes your credit card company can take when you're late on payments — including selling the debt.CBS News - Jan. 6 -
What proof must credit card debt collectors provide for a debt?
Debt collectors must provide proof that a debt is valid. Otherwise, they have to stop their collection efforts.CBS News - Jan. 6