Latest in Record Debt Levels
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US Debt Faces Record as Trump and GOP Plan Tax Cuts
The Congressional Budget Office forecasts that annual deficits will top $21 trillion over the next decade.The New York Times - 6h -
Wildfires drive record leap in global level of climate-heating CO2
Data for 2024 shows humanity is moving yet deeper into a dangerous world of supercharged extreme weather. Wildfires that blazed around the world in 2024 helped to drive a record annual leap in ...The Guardian - 23h -
Trump set to break the all-time federal debt record amid inflation battle
“Don’t hold your breath,” for deficit reduction, says a Bank of America economist.MarketWatch - 10h -
Can you dispute a debt that was sold to a debt collector?
Disputing a debt that has been sold to a debt collector is not just possible — it's your legal right.CBS News - 10h -
The world’s greatest record stores
FT writers and editors share their go-to venues for their vinyl fixFinancial Times - 18h -
Tips for paying off debt
With nearly half of Americans carrying credit card balances month-to-month, CBS News business analyst Jill Schlesinger provides tips on how to pay down debt.CBS News - 1d -
Ex-England boss Eriksson died heavily in debt
Swedish football manager Sven-Goran Eriksson, the first foreigner to lead the England national team, died with debts of over £3.8 million ($4.64 million) following years of financial mismanagement.ESPN - 2d -
England miss golden opportunity to level Women's Ashes
England are bowled out for 159, chasing only 181 to win, which gives Australia a 4-0 lead in the points-based series.BBC News - 3d -
New rule could slash nicotine levels in tobacco products
The Biden administration is poised to try to lower the amount of nicotine in tobacco products, an eleventh-hour effort that’s been years in the making. The move would give the White House one ...The Hill - 4d -
House Republicans face massive debt problem
House Republicans have a problem. They want to pass a massive agenda for President-elect Trump, preferably in his first 100 days of office. And they don’t want to add to the federal deficit. That ...The Hill - 6d -
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The TikTok Ban Would Be Social Media’s First Extinction-Level Event
TikTok transformed everyday users into influencers and made entrepreneurs rich via its Shop feature. With the US ban looming, they could lose everything—and many don’t know where to go next.Wired - Jan. 10 -
Can a debt collector refuse my settlement offer?
Negotiating a successful debt settlement could be a little more complicated than you'd expect.CBS News - Jan. 10 -
Bitcoin may fall 20% to $73,000 if it breaks below this key support level
Bitcoin may face a downside potential to $73,000 if it breaks below its support level at around $90,680, according to Kim Kramer Larsson, analyst at Saxo Bank.MarketWatch - Jan. 10 -
Xi to send high-level representative to Trump inauguration: Report
Chinese President Xi Jinping is reportedly choosing a high-level official to represent him at President-elect Trump’s inauguration Jan. 20, in a break from diplomatic protocol of years past. ...The Hill - Jan. 10 -
Biden's last chance to tackle tobacco: Capping nicotine levels in cigarettes
In its last few days of power, the Biden administration is expected to officially propose a limit on nicotine in cigarettes.NBC News - Jan. 10 -
FirstFT: The hottest year on record
Also in today’s newsletter, the resurrection of Andersen Consulting, and hiding savings from a significant otherFinancial Times - Jan. 10 -
Xi to send top-level China envoy to Trump’s inauguration
Unusual diplomatic overture comes as Beijing braces for escalating tensions with new administrationFinancial Times - Jan. 9 -
European imports of liquefied natural gas from Russia at ‘record levels’
Rystad Energy releases data days after Ukraine stopped flows of Russian gas through its pipelines. Europe bought a record amount of liquefied natural gas from Russia last year, data shows, despite ...The Guardian - Jan. 9 -
Smoke, reflections and portals: Adobe’s TransPixar takes AI VFX to the next level
Adobe and HKUST researchers unveil TransPixar, a breakthrough AI system that creates transparent visual effects from text prompts.VentureBeat - Jan. 8 -
UK 10-year borrowing costs hit highest level since 2008
Treasury seeks to reassure markets as gilt sell-off threatens the government’s ability to meet its fiscal rulesFinancial Times - Jan. 8 -
US applications for jobless claims fall to 201,000, lowest level in nearly a year
U.S. applications for unemployment benefits fell to their lowest level in nearly a year last week, pointing to a still healthy labor market with historically low layoffsABC News - Jan. 8 -
Mortgage rates hit highest level since July, crushing application demand
Total mortgage application volume dropped 3.7% compared with the previous week.CNBC - Jan. 8 -
Oil futures settle at their highest level since October
Oil futures finished higher on Tuesday, shaking off their losses from a day earlier to resume the rally they started the year with and buoyed by expectations for stronger demand.MarketWatch - Jan. 7 -
Quits sink to lowest level since the height of the pandemic
The number of people quitting their jobs fell in November to the lowest level since the height of the pandemic as the number of job openings popped to its highest level since May — both signs of a ...The Hill - Jan. 7 -
‘Inflation levels seem to be increasing’: Businesses are worried about tariffs and rising prices.
The holiday shopping season gave a boost to service-oriented companies in December, but top executives were wary of potential Trump tariffs and a recent uptick in inflation.MarketWatch - Jan. 7 -
UK long-term borrowing costs hit highest level since 1998
Rising interest costs raise fears about chancellor’s ability to hit revised fiscal rulesFinancial Times - Jan. 7 -
What proof must credit card debt collectors provide for a debt?
Debt collectors must provide proof that a debt is valid. Otherwise, they have to stop their collection efforts.CBS News - Jan. 6 -
‘Not at Premier League level’: Fulham’s Silva blasts referee after Ipswich draw
Manager hits out at official after 2-2 draw ‘Really difficult to explain some decisions’ A frustrated Marco Silva, the Fulham manager, described the performance of Darren Bond, the referee, as ...The Guardian - Jan. 5 -
AlphaTheta DDJ-FLX2 Review: A Great Entry-Level DJ Controller
AlphaTheta’s new cheap option gives you reliable basics without cutting too many corners.Wired - Jan. 5 -
Jeh Johnson concerned terror threat at 'heightened level'
Former Homeland Security Secretary Jeh Johnson says the nation's terror threat is at a “heightened level” following the vehicle attack in New Orleans on New Year’s Day that killed more than a dozen ...The Hill - Jan. 3 -
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Debt consolidation loan vs. debt consolidation program: Which will be better in 2025?
Both options can help you pay off your credit card debt faster, but one may be a better choice than the other now.CBS News - Jan. 3 -
Loneliness linked to ill health through effect on protein levels, research suggests
Study finds higher levels of certain proteins in people who reported social isolation or loneliness. Loneliness has long been associated with ill health but researchers say they have fresh insights ...The Guardian - Jan. 3 -
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 -
What will happen to home equity levels in 2025?
Home equity levels will likely continue to rise in 2025, but at a slower pace than we've previously seen.CBS News - Jan. 2 -
Jobless claims fall to lowest level in 8 months to end 2024
The number of people filing new applications for unemployment insurance fell to the lowest level since last April as the job market showed signs of strength within a broader cooling off in ...The Hill - Jan. 2 -
US unemployment claims fall to the lowest level since March
The number of Americans applying for unemployment checks dropped last week to the lowest level since March, suggesting that most workers enjoy unusual job securityABC News - Jan. 2 -
Early cancer diagnosis in England at record level, NHS figures show
Awareness campaigns and new screening approaches are having an impact, says NHS England.BBC News - Jan. 2 -
Unlawful border crossings hit lowest level of Biden admin in November
U.S. Customs and Border Patrol (CBP) announced a new low for border level crossings during the month of November ahead of President Biden’s exit from the White House. Statistics released by the ...The Hill - Dec. 31
