Latest in Loan October
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Biden cancels student loan debt for thousands of borrowers
President Joe Biden's administration announced on Friday another $4.28 billion dollars in student loan relief for nearly 55,000 public service workers.ABC News - 15h -
Thousands of Jews have left Israel since the October 7 attacks
There's concern about whether emigration after Oct. 7, 2023 will drive a "brain drain" in sectors like medicine and tech.CBS News - 1d -
HELOC or home equity loan: Which will be better in 2025?
Home equity loan and HELOC rates differ in numerous ways, which could influence your choice between the two.CBS News - 2d -
Car loan scandal payouts row - what's it about?
The Supreme Court will make a key decision which could unlock compensation for millions of motorists.BBC News - 2d -
3 home equity loan risks to know going into 2025
A home equity loan can be a smart way to borrow a large sum of money now (if you avoid these three risks).CBS News - 3d -
Bust Premiership trio owe £30m in unpaid Covid loans
London Irish, Wasps and Worcester went out of business needing to repay more than £30m of Covid relief loans, a National Audit Office report says.BBC News - 3d -
PG&E Secures $15 Billion Loan From U.S. Energy Department
The loan, the biggest-ever commitment from the Loan Programs Office, is intended to fund the California utility’s grid and climate resiliency projects.The New York Times - 4d -
Biden Administration Agrees to Record $15 Billion Loan to PG&E
The Energy Department loan would finance the California utility’s efforts to upgrade the power grid and reduce emissions.The Wall Street Journal - 4d -
Home equity loan vs. mortgage refinance: Which will be better in 2025?
Both have unique features for homeowners now. Here's how to determine which is better for you going into 2025.CBS News - 5d -
Home equity loan vs. reverse mortgage: Which will be better for 2025?
Both options offer homeowners unique access to home equity. Here's how to determine which will be better in 2025.CBS News - Dec. 13 -
UK economy shrinks for second month, contracting 0.1% in October
It marked the country's second consecutive economic downturn, following a 0.1% GDP decline in September.CNBC - Dec. 13 -
Biden readies travel bans on Georgia officials for undermining October election
President Biden is readying visa restrictions on officials in the country of Georgia amid a government crackdown on mass protests against the claimed victory by the Georgian Dream party, which ...The Hill - Dec. 12 -
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Ukraine war escalates as Biden sends $20bn loan before Trump presidency
Both sides scramble to put their forces in best position in preparation for expected change in US foreign policy. The grinding war between Ukraine and its Russian invaders has escalated ahead of ...The Guardian - Dec. 11 -
'I wish I never got that loan': Small businesses say Covid loan repayments became a nightmare
Small-business owners say their Covid disaster loans were wrongly deemed delinquent or in default as a result of errors by the Small Business Administration.NBC News - Dec. 10 -
US loans Ukraine $20B from seized Russian assets
The Treasury Department gave Ukraine a $20 billion loan funded by seized Russian assets Tuesday as part of a broader Group of Seven (G7) effort to boost the country's defense. The money will be ...The Hill - Dec. 10 -
U.S. Transfers $20 Billion Loan to Ukraine Backed by Russian Assets
The economic lifeline ensures that Ukraine will have economic support after President-elect Donald J. Trump takes office.The New York Times - Dec. 10 -
Car loan scandal victims told to complain to their lender
Aggrieved car buyers who feel they were mis-sold a loan should complain to their lender, MPs hear.BBC News - Dec. 10 -
Students priced out of London as rents rise faster than loans
Pressure on government to take action over the ‘cost of learning crisis’ in the UK capitalFinancial Times - Dec. 10 -
Should you open a home equity loan before the December Fed meeting?
Do you need to apply for a home equity loan before the Fed's December meeting? Here's what borrowers should do now.CBS News - Dec. 9 -
Director claimed £50k Covid loan then closed firm
The Insolvency Service says there is no evidence the company had ever traded.Yahoo Sports - Dec. 7 -
Treasury yields end at lowest levels since October as jobs data reinforce December rate-cut expectations
Treasury yields finished broadly lower on Friday, led by a drop in the 1-month Treasury-bill rate, after November’s stronger-than-expected jobs data reinforced the view of many market participants ...MarketWatch - Dec. 6 -
U.S. consumer credit jumps in October as credit cards drive purchases
Total U.S. consumer credit surged in October, rising by $19.2 billion — the fastest pace since July.MarketWatch - Dec. 6 -
How to get a low home equity loan rate for 2025
Ready to borrow from your home equity? Here are three ways to get a low home equity loan rate for 2025.CBS News - Dec. 6 -
US adds 227,000 jobs in November, rebounds from October slump
The U.S. job market rebounded in November after a major slowdown, according to data released Friday by the Labor Department. The U.S. added 227,000 jobs last month and the jobless rate ticked ...The Hill - Dec. 6 -
Jobs Report Likely to Show Rebound After Storms and Strikes Hit October Totals
Forecasts expect Labor Department figures to show 208,000 jobs were added last month, a huge jump from the 12,000 jobs added the previous month.Inc. - Dec. 6 -
Australia boosts loan for rare-earths refinery in bid to break China’s dominance
Government increases backing for Iluka Resources to build country’s first processing facility for rare earthsFinancial Times - Dec. 6 -
U.S. trade deficit narrows sharply in October on dissipation of worries about port strike
The trade sector could end up becoming a positive contributor to fourth-quarter gross domestic product.MarketWatch - Dec. 5 -
Relic of the Buddha loaned by China gets a warm welcome in Thailand
More than 2,000 people have taken part in a procession to escort a relic of the Buddha, lent by China, to a shrine in Bangkok to honor the birthday of Thai King Maha Vajiralongkorn and to celebrate ...ABC News - Dec. 4 -
Treasury yields end at lowest since October after French government falls
U.S. government debt rallied on Wednesday, sending yields to their lowest closing levels in more than a month, after France’s parliament voted to oust the government of Prime Minister Michel ...MarketWatch - Dec. 4 -
Why you should get a home equity loan for 2025
A home equity loan can be a smart financial tool for homeowners heading into 2025. Here's why.CBS News - Dec. 4 -
Student loan borrowers may find bankruptcy harder under Trump
The Biden administration's more lenient policy toward student loan borrowers filing for bankruptcy may come to an end with the election of Donald Trump.CNBC - Dec. 4 -
U.S. factory sector outlook still looks soft despite rise in October
Orders for manufactured goods posted the first increase after two straight monthly declines.MarketWatch - Dec. 4 -
Vivek Ramaswamy Calls Out Loans for Electric Vehicle Manufacturing
Ramaswamy will co-lead the planned Department of Government Efficiency along with Tesla CEO Elon Musk. One of the loans is for Rivian, a Tesla competitor.Inc. - Dec. 3 -
What drives home equity loan interest rates?
Wonder what impacts home equity borrowing rates? Here are the factors borrowers should be aware of.CBS News - Dec. 3 -
Job openings bounced in October on need for IT workers
The number of job openings and people quitting their jobs ticked upward in October while layoffs edged down, signaling a modest improvement in hiring conditions amid a broader tightening in the ...The Hill - Dec. 3 -
Job openings jumped and hiring slumped in October, key labor report for the Fed shows
Job openings totaled 7.74 million on the month, up 372,000 from September.CNBC - Dec. 3 -
Thames Water creditors veto use of £3bn loan to pay fines
Troubled utility faces fines of £400mn by March 2027 as it tries to avoid renationalisationFinancial Times - Dec. 3 -
Job openings jumped and hiring slumped in October, key labor report for the Fed shows
Available jobs rose in October while hiring fell during a month in which payrolls growth hit their lowest level in nearly four years, the Bureau of Labor Statistics reported Tuesday.NBC News - Dec. 3 -
What's the home equity loan interest rate forecast for December 2024?
Will December be a good time to borrow from your home equity? Here's where rates could head this month.CBS News - Dec. 3
