Latest in Government Debt Interest
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Government debt interest costs hit highest level since 2007
Payments surpass defence spending and have risen to 3.3% of GDP for richest countries, says OECDFinancial Times - 2d -
Greek government debt upgraded to investment grade, closing the door on a painful era
Greece’s center-right government has welcomed a credit rating upgrade by Moody’s, the last major ratings agency to lift junk status on government bonds that began 15 years ago during a severe debt ...ABC News - Mar. 15 -
Government debt costs in richest nations at highest since 2007
Payments by OECD countries outstrip amount spent on defence, police services and housing, report finds. Business live latest updates The cost of government debt payments in the world’s richest ...The Guardian - 1d -
Europe’s defence spending spree risks debt crisis, warns Dutch politician
Pieter Omtzigt says EU’s €800bn military build-up could push up debt and interest ratesFinancial Times - 4d -
Government efficiency is good — fiscal responsibility is better
the need to raise the debt ceiling is symptomatic of a bigger issue: the federal government is broke.The Hill - 3d -
Why Germany Wants to Loosen Its Debt Brake
An incoming government wants to borrow much more to revamp the economy and rebuild the military. That means a change in the country’s Constitution — and its culture.The New York Times - 3d -
The U.S. dollar is still the world’s currency — but maybe not for much longer
Concerns are rising about the sustainability of U.S. government debt and spending.MarketWatch - Mar. 8 -
Japan core inflation rose 3% in February, bolstering expectations of interest rate hikes
Japan's core inflation beat expectations and came in at 3% in February, government data showed on Friday, bolstering the case for further interest rate hikes.CNBC - 1d -
What types of debt will a debt collector sue over?
Debt collectors make calculated decisions about what to pursue through the courts — and what not to.CBS News - Mar. 13 -
Will a collection agency sue over a $5,000 debt?
Debt collectors have the right to sue you over unpaid debts, but they won't always take that route.CBS News - Mar. 10 -
6 debt management risks to know before enrolling
A debt management program is a smart debt relief option to consider, but there are downsides to know, too.CBS News - 4d -
Who qualifies for credit card debt forgiveness?
Are you looking for a fast way out of credit card debt? Credit card debt forgiveness might help. Here's how.CBS News - 2d -
How the White House is handling Elon Musk and potential conflicts of interest
As the public face of President Donald Trump’s Department of Government Efficiency, billionaire tech CEO Elon Musk has an expansive portfolio that spans across the many levers of government — and ...NBC News - 14h -
4 times credit card debt management is worth it (and 4 times it's not)
Credit card debt management isn't a magic solution, but it can be a powerful debt relief tool for the right person.CBS News - 3d -
How does the debt management process work?
Before you enroll in a debt management program, you need to know how the process differs from other options.CBS News - Mar. 14 -
Should I pay off my tax debt before my credit card debt? Experts weigh in
Focusing on tax debt first can be a smart move, experts say, but that won't be the case for everyone.CBS News - Mar. 12 -
How much would debt forgiveness save you on $10,000 in credit card debt this March?
Settling your debt for less could result in hefty savings this March — especially compared to other payoff methods.CBS News - 13h -
Democrats unveil school lunch debt cancellation measure
Democratic Senators introduced a bill Thursday to cancel all school meal debt. The measure, led by Sen. John Fetterman (Pa.), states the United States Department of Agriculture (USDA) would pay ...The Hill - Mar. 13 -
2-year yield ends at highest in over 2 weeks as traders assess stagflation risk
Yields on U.S. government debt finished mixed on Monday after February retail sales came in below expectations and raised continued questions about the strength of the economy.MarketWatch - 4d -
Haven't paid your credit card debt? Here are the legal consequences to know.
Not paying your credit card debt can have serious repercussions, but does that include legal ramifications?CBS News - Mar. 10 -
3 signs your credit card debt is overwhelming you, according to experts
Borrowers should recognize these early warning signs to address credit card debt before it becomes unmanageable.CBS News - Mar. 11 -
When bankruptcy will (and won't) clear your credit card debt
Bankruptcy can wipe the slate clean of your existing credit card debt, but it won't do that in every case.CBS News - Mar. 11 -
How do you stop wage garnishment by a debt collector?
Having a portion of your paycheck taken for old debt can be frustrating, but there are ways to stop the process.CBS News - Mar. 11 -
3 ways seniors can have their credit card debt forgiven this March
With the rising cost of living, managing credit card debt can be tough, especially for retirees on fixed incomes.CBS News - 4d -
How long does debt relief stay on your credit report?
Most types of debt relief have an impact on your credit report, and it's important to know how long that lasts.CBS News - 3d -
German parliament passes historic debt reform, paving the way for higher defense spend
The reforms include changes to the debt brake rule and the creation of an infrastructure fund.CNBC - 3d -
5 ways seniors can tackle credit card debt
A new AARP survey suggests nearly half (47%) of adults 50 and older who carry credit card debt use their cards to pay for necessities like health care, car payments and housing.NBC News - Mar. 14 -
From troublemakers to team players: House Freedom Caucus softens as Trump transforms GOP
The band of far-right rebels supported a budget plan with a massive debt limit hike and a status-quo bill to keep the government open, two things they've long been fiercely against.NBC News - Mar. 12 -
U.S. Treasury prices rally as risk-off theme prevails in stocks
U.S. government debt rallied on Tuesday, pushing yields lower for the day, as risk-off sentiment took hold in the stock market and the Federal Reserve’s two-day policy meeting got underway.MarketWatch - 3d -
2-year Treasury leads yields lower as Fed sticks with 2025-27 rate-cut forecast
U.S. government debt rallied on Wednesday, sending the policy-sensitive 2-year yield down by the most in more than a week, after Federal Reserve officials stuck with their expectations for ...MarketWatch - 2d -
2-year yield ends at one-week low on Fed’s ‘transitory’ inflation view
U.S. government debt rallied Thursday, pushing yields lower across the board, on the Federal Reserve’s base-case view about the likely transitory nature of tariff-driven inflation.MarketWatch - 1d -
FCA drops plan to ‘name and shame’ more UK companies under investigation
Financial regulator says it will scrap new public interest test after backlash from the City and government officialsFinancial Times - Mar. 11 -
Pentagon Set Up Briefing for Musk on Potential War With China
The access would be a major expansion of Elon Musk’s government role and highlight his conflicts of interest.The New York Times - 1d -
Pentagon Set Up Briefing for Musk on Potential War With China
The access would be a major expansion of Elon Musk’s government role and highlight his conflicts of interest.The New York Times - 21h -
Pentagon Set Up Briefing for Musk on Potential War With China
The access would be a major expansion of Elon Musk’s government role and highlight his conflicts of interest.The New York Times - 21h -
Credit counseling vs. bankruptcy vs. debt relief: Which path is right for you?
If you're trying to tackle your debt problems, it's important to know what strategy makes the most sense.CBS News - Mar. 12 -
Ray Dalio warns that mounting U.S. debt problems could lead to ‘shocking developments'
Bridgewater founder Ray Dalio on Wednesday warned that a "very severe" supply-demand problem regarding U.S. debt could lead to shocking developments.CNBC - Mar. 12 -
Report: Little interest in Aaron Rodgers from media companies
Multiple teams remain interested in quarterback Aaron Rodgers.Yahoo Sports - 2d -
The etiquette of digital debts among friends
A recent article in the Wall Street Journal looked at the "unspoken rules" of digital payment apps like Venmo and tried to decipher the proper etiquette for requesting money back from friends. The ...CBS News - Mar. 10