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El Salvador Made Bitcoin an Official Currency. Now It's Backtracking for IMF Loan.
The organization is showing flexibility by allowing the bitcoin program to proceed in a limited way.The Wall Street Journal - 1d -
Biden canceling student loan debt for 55K public service workers
President Biden announced on Friday he would be canceling more student debt for tens of thousands of public service workers, possibly his last major move on the issue before leaving office in a ...The Hill - 3h -
Mortgage rates increase despite Fed's rate cut
The Federal Reserve announced its third interest rate cut of the year this week. But despite the good news for consumers, mortgage rates are still rising. Bankrate senior industry analyst Ted ...CBS News - 16h -
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 - 1d -
How to get a low student loan rate for the spring 2025 semester
Using these strategies could help you secure the lowest student loan rate possible, experts say.CBS News - 1d -
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 - 1d -
Education Dept. Reverses Itself and Reopens Two Loan Repayment Plans
The department had been trying to phase out the two plans in favor of a more generous new one that has been tied up by litigation since this summer.The New York Times - 1d -
What the Fed's December rate cut means for mortgage interest rates
Today's Fed rate cut could have an impact on mortgage rates — but there are other factors at play, too.CBS News - 1d -
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 - 1d -
Bracing for a Fed Pullback on Interest Rates
Wall Street sees the central bank cutting interest rates on Wednesday. But growing worries about inflation are adding to investor uncertainty about its policy agenda for 2025.The New York Times - 2d -
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 - 2d -
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 - 2d -
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 - 3d -
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 - 3d -
Will the Fed signal a pause in rate cuts?
Market Questions is the FT’s guide to the week aheadFinancial Times - 5d -
Moody’s Downgrades France’s Credit Rating
The action, which will put pressure on the nation’s borrowing costs, reflects doubt that a new government can mend the deteriorating financial situation.The New York Times - 6d -
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 - 6d -
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 -
Bank shares jump after UK court agrees to hear car loans appeal
Supreme Court grants lenders permission to challenge earlier rulingFinancial Times - 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 -
Why car loan scandal victims may have to wait even longer for payouts
People who were unaware of commission paid when they bought a car on finance may be in line for payouts, but face delays.BBC 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 -
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 -
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 -
Biden administration under pressure to forgive more student loan debt before Trump takes office
With just a little more than a month and a half left in office, President Joe Biden is under pressure to forgive more student loan debt.CNBC - Dec. 5 -
'Last minute spending spree' by Biden, including Rivian loan, to get DOGE scrutiny, says Vivek Ramaswamy
DOGE co-lead Vivek Ramaswamy says Biden administration attempts to dole out IRA, Chips Act funds, and EV loans, at the last minute will be reviewed.CNBC - 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 -
More employers add 401(k) plan match for workers paying student loans
The share of businesses choosing to offer a 401(k) plan match based on student loan payments is slowly increasing due to a law known as Secure 2.0.CNBC - 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 -
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 -
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 -
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 -
A Second-Rate Crime Gets a Second-Rate Pardon
At least Joe didn’t make Hunter ambassador to a major international ally.The New York Times - Dec. 2