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Why home equity loan lending is rising (and what to do about it)
More and more borrowers are turning to home equity loans this year. Here's why you may want to pursue one, too.Top stories - CBS News - October 15 -
Disaster loan program fully ‘exhausted’ with Congress still out of town
Without congressional action, the Small Business Administration can’t make new loan offers to people trying to rebuild after disasters like Hurricanes Helene and Milton.Politics - Politico - October 15 -
SBA runs out of funding for disaster relief loans after Helene, Milton
The Small Business Administration offers Economic Injury Disaster Loans to businesses and people affected by disasters.Top stories - CBS News - October 15 -
SBA disaster loan program is out of money, says Biden
President Biden said on Tuesday that a key federal program that provides disaster loans to businesses and homeowners is tapped out on funds in the aftermath of back-to-back hurricanes. Biden said ...Politics - The Hill - October 15 -
Klarna sells loans to hedge fund Elliott to free up £30bn for growth
Firm founded by US financier Paul Singer will take on risks and returns of the ‘buy now, pay later’ portfolioBusiness - Financial Times - October 16 -
Why a HELOC is better than a home equity loan going into November
With another interest rate cut looming for November, here's why homeowners should consider a HELOC now.Top stories - CBS News - October 16 -
Biden administration forgives student loans for 60,000 public service workers
The Biden administration announced on Thursday that it is forgiving the student loans for more than 60,000 public service workers. The move gives $4.5 billion in debt relief to teachers, ...Politics - The Hill - October 17 -
When will home equity loan interest rates fall again?
Home equity loan interest rates are on the decline. But when, precisely, will they fall again? Here's what to know.Top stories - CBS News - October 17 -
Senate Republicans raise questions after funds for disaster loans exhausted
A group of GOP senators are pressing the Small Business Administration (SBA) for answers after officials said its disaster loan program exhausted its funds earlier this week in the aftermath of a ...Politics - The Hill - October 18 -
Thames Water bondholders fall out over emergency loan
Lower-ranking creditors complain to utility they have been cut out of restructuring negotiationsBusiness - Financial Times - October 18 -
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G7 Finalizes $50 Billion Ukraine Loan Backed by Russian Assets
The economic lifeline is expected to be disbursed by the end of the year.Business - The New York Times - 6 days ago -
What causes home equity loan interest rates to drop? And will they keep falling?
Home equity rates have dropped since the Fed's last meeting. Here's what they could do in the future, experts say.Top stories - CBS News - October 23 -
Oaktree-backed bank under court administration over mafia-linked loans
Milan prosecutor says there is evidence of state-guaranteed loans given to businesses connected to organised crimeWorld - Financial Times - 6 days ago -
Biden tries again at student loan cancellation, for those in financial hardship
The Biden administration is moving ahead with a new path to student loan cancellation for Americans who face steep medical bills, child care costs and other types of financial hardship that prevent ...Top stories - ABC News - 5 days ago -
Thames Water seeks up to £3bn in emergency loans from creditors
New debt would involve 9.75% interest charges as utility group seeks to stave off nationalisationBusiness - Financial Times - 5 days ago -
Is a reverse mortgage or home equity loan better for seniors? Experts weigh in
Seniors have a few options for tapping into their home's equity, but certain options may be better than others.Top stories - CBS News - 5 days ago -
Court of Appeal sides with UK consumers over ‘secret’ car loan commissions
Close Brothers shares plummet after landmark ruling that puts sector at risk of redressBusiness - Financial Times - 5 days ago -
These 17 factors could soon make you eligible for student loan forgiveness
The Biden Administration has outlined two pathways for student loan borrowers facing financial hardship to get debt relief.Business - CNBC - 5 days ago -
Biden Administration Floats Student Loan Relief for Borrowers Facing Hardship
The proposal, which faces tough legal prospects, would offer forgiveness to millions of borrowers who are unable to pay back their loans because of financial setbacks.Business - The New York Times - 4 days ago -
Chicago Blackhawks Recall Drew Commesso, Loan Isaak Phillips To Rockford
This is the first time Commesso has earned an NHL recallSports - Yahoo Sports - 4 days ago -
Harris stays quiet on student loans as cancellation loses its political luster
In just a few years, the issue of student loan cancellation has gone from being a pillar of the Democratic Party to a political liabilityTop stories - ABC News - 3 days ago -
How to get a low home equity loan rate this November
There are multiple ways borrowers can secure a low home equity loan interest rate this November. Here are three.Top stories - CBS News - Yesterday -
Deteriorating Loans Stress Regional Banks’ Office Building Portfolios
The commercial real estate borrowing crisis hasn’t gone away, as shown by about a dozen mid-sized banks reporting a rise in missed payments from commercial real estate borrowers.Business - Inc. - Yesterday -
Republicans unveil emergency bill to fund tapped-out disaster loan program
Senate Republicans released legislation this week that aims to replenish funds for a key federal program that provides disaster loans to businesses and homeowners. Sen. Thom Tillis (R-N.C.) led ...Politics - The Hill - Yesterday -
What's the home equity loan interest rate forecast for November 2024?
Home equity loan interest rates could fall, but they might not be worth waiting for. Here's everything to know.Top stories - CBS News - 13 hours ago -
UnitedHealth’s stock rocked as a big jump in medication costs hurt profitability
UnitedHealth’s stock was having its worst day in more than four years on Tuesday, after the healthcare giant beat third-quarter profit and revenue expectations but missed on medical-care ...Business - MarketWatch - October 15 -
10-, 30-year U.S. government debt rallies for second day on lower oil and weak manufacturing reading
Long-term Treasury yields fell for a second day on Tuesday as traders reacted to a weaker-than-expected manufacturing reading from the New York Fed and new developments from the Middle East that ...Business - MarketWatch - October 15 -
TotalEnergies Expects Continued Refining Weakness, Lower Hydrocarbon Production
The French oil and petroleum company said it expected to report hydrocarbon output of 2.4 million barrels of oil-equivalent a day for the third quarter, while results in its downstream division are ...Business - The Wall Street Journal - October 15 -
Lower oil prices are good for consumers — but a bad sign for the global economy
A significant drop in oil prices may offer consumers reason to celebrate, but it also hints at an economic slowdown in China, the world’s second largest economy.Business - MarketWatch - October 16 -
CSX stock sees biggest drop in 3 years after railroad warns of hurricane impact, discloses SEC subpoena
Shares of CSX Corp. booked their biggest percentage drop in more than three years after the railroad operator on Wednesday said the fourth quarter would be “more challenging” in the wake of falling ...Business - MarketWatch - October 17 -
Sage Therapeutics’ stock falls 4.7% as biotech unveils plan to cut 33% of workforce
More than 165 jobs to go as company seeks to extend cash runway and focus on postpartum drug launch.Business - MarketWatch - October 17 -
Absolut Vodka Maker Pernod Ricard Posts Lower Sales
The French distiller experienced a slow start to its fiscal year, citing sharp sales declines in the key markets of China and the U.S. as the spirits industry faces a slowdown in consumption.Business - The Wall Street Journal - October 17 -
Democrats press Biden to lower housing costs before leaving White House
Democratic lawmakers from the House and Senate pressed President Biden to lower housing costs before he leaves the White House in a letter dated Wednesday. “We write today to thank you for your ...Politics - The Hill - October 17 -
Weight-loss drugs could be key in lowering US obesity rates – experts
Medications like Ozempic ‘transformed’ diabetes care because they improved health outcomes, say experts. Obesity rates have decreased slightly in the US and while it’s too early to say whether the ...World - The Guardian - October 18 -
Saquon Barkley fined $45,020 for lowering his helmet into a defender
The NFL hit the Eagles' running back hard for a collision with Browns defensive tackle Maurice Hurst.Sports - Yahoo Sports - October 19
