Massive Debt Problem

3 big reasons to pursue credit card debt forgiveness this January

Debt forgiveness can be a smart way to move forward from your high-rate card debt — especially right now.

CBS News - Jan. 2

Europe needs to tackle its red tape problem

Complex overlapping rules and burdensome reporting requirements are strangling EU growth

Financial Times - Jan. 2

Does the United States need a debt limit?

The federal debt limit has no practical value. This suggests that ending it would be a good idea. Yet the laws of unintended consequences suggest that there are unforeseen effects that may be worse ...

The Hill - Jan. 2

Power restored to almost all of Puerto Rico after massive blackout

After a massive New Year’s Eve blackout, nearly all of Puerto Rico’s power has been restored — though the island is also projected to face power shortages later in the day Thursday. Luma, the ...

The Hill - Jan. 2

Problems with UK economy data could be widespread, warns lawmaker

Meg Hillier highlights damaging consequences of under-investment in key forecasting systems

Financial Times - Jan. 2

At least 3 dead, multiple injured in massive New Year’s Eve fireworks explosion in Hawaii

At least three people are dead and two dozen are injured after a New Year’s Eve fireworks explosion in a Honolulu residential neighborhood, officials said.

NBC News - Jan. 2

The Panama Canal Has a Big Problem, but It’s Not China or Trump

Climate change is causing drought conditions that are making the Panama Canal harder to operate and more expensive to pass through.

The New York Times - Jan. 1

The battered bond market starts 2025 facing some difficult issues about debt

Investors face multiple challenges in the year ahead, including one under-the-radar worry about short term notes coming due.

CNBC - Jan. 1

'Babygirl' filmmaker Halina Reijn had no problem directing steamy sex scenes

Halina Reijn didn't have to research how to direct sex scenes in 'Babygirl,' having acted in her share of them. But it helps to have a plan, she says.

Los Angeles Times - Jan. 1

Half of Puerto Rico starts the new year in the dark after massive power outage

Puerto Rico suffered the latest in a string of widespread power outages Tuesday that at one point had nearly 1.3 million businesses or homes — most of the island — in the dark.

NBC News - Jan. 1

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