Latest in Loan U.s
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Federal student loan forgiveness opportunities lost to those who refinance, CFPB warns
With the Federal Reserve's recent cuts to interest rates, more federal student loan borrowers are wondering if they should refinance. The CFPB has warnings.CNBC - 16h -
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 - 17h -
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 - 1d -
Biden administration offers California's PG&E up to $15B loan to boost climate resilience
The Biden administration on Tuesday announced its conditional approval of a loan guarantee for Pacific Gas & Electric Co. (PG&E) of up to $15 billion, which would serve to decarbonize the massive ...The Hill - 19h -
Is U.S. health care in a "gilded age"?
A New Yorker article argues that we are in "the gilded age of medicine." So what does that mean for U.S. health care? Dr. Dhruv Khullar, associate professor of health and economics at Weill Cornell ...CBS News - 1d -
Biden's student loan forgiveness ‘Plan B’ is in its ‘last step,’ expert says. What borrowers need to know
With weeks to go before President-elect Donald Trump takes office, the Biden administration is still taking steps to deliver sweeping student loan forgiveness to millions of Americans.NBC News - 1d -
Biden's student loan forgiveness 'Plan B' is in its 'last step,' expert says. What borrowers need to know
The Biden administration is still taking steps to deliver sweeping student loan forgiveness to millions of Americans.CNBC - 1d -
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 - 1d -
‘I take pride in being debt-free’: My husband owes thousands of dollars in student loans and credit-card debt. Will I be on the hook if he dies?
“We own a house together through a joint trust, but our bank accounts and credit cards are all held separately.”MarketWatch - 2d -
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 - 4d -
Who monitors drones in the U.S.?
The laws surrounding drones in the U.S. may create confusion over their local, state and federal enforcement. Jonathan Rupprecht, a commercial pilot and drone lawyer, joins CBS News with more details.CBS News - 4d -
Buy now, pay later company Affirm strikes $4B loan deal with private credit firm Sixth Street
Two trendy areas in finance — fintech and private credit — are coming together in a new multibillion-dollar joint venture.NBC News - 4d -
Buy now, pay later company Affirm strikes $4 billion loan deal with private credit firm Sixth Street
Affirm Holdings is getting its largest-ever capital commitment with a new partnership from private credit firm Sixth Street.CNBC - 4d -
Concerning new data on U.S. inflation
New inflation data shows concerning consumer trends and sticky high prices for food and shelter. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - 6d -
The Largest Immigration Surge in U.S. History
We explain the scale of recent immigration to America.The New York Times - 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 - 6d -
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 -
U.S. looks to end subminimum wage for workers with disabilities
A Biden administration proposal would phase out a program that lets employers pay some workers less than $7.25 an hour.CBS News - Dec. 3 -
China Announces a Ban on Rare Minerals to the U.S.
The move escalates supply chain warfare and comes a day after the Biden administration expanded curbs on the sale of advanced American technology to China.The New York Times - 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 -
Biden delivers remarks on the relationship between Angola and the U.S.
Watch live coverage as President Biden delivers remarks to honor the past and future of the relationship between the United States and Angola during his trip to Africa.NBC News - Dec. 3