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Sovereign debt is the biggest risk to global growth in 2025, Saudi finance minister says

Global public debt hit a record $97 trillion in 2023, prompting the UN to call for urgent reforms for governments and financial systems around the world.

Business - CNBC - October 31

U.K. government bond yields hit 2024 highs as traders balk at increased debt sales

Benchmark U.K. bond yields hit their highs of the year on Thursday as investors balked at the increased borrowing set out in the government’s budget.

Business - MarketWatch - October 31

Here's how an 86-year-old grandmother got her nearly $32,000 private student loan debt forgiven

Some lenders of private student loans offer disabled borrowers a way to get their debt forgiven. But the process is difficult to learn about and to navigate.

Business - CNBC - November 2

Wall Street frenzy creates $11bn debt market for AI groups buying Nvidia chips

Huge loans for ‘neocloud’ groups raise concern over chipmaker’s dominance of artificial intelligence market

Business - Financial Times - November 4

Why credit card debt forgiveness is worth it even with more Fed rate cuts

Another interest rate cut was just issued. Here's why you should still pursue credit card debt forgiveness anyway.

China announces $1.4 trillion package over five years to tackle local governments' 'hidden' debt

Authorities in Beijing have ramped up stimulus announcements since late September in an effort to bolster its flagging economy.

Business - CNBC - November 8

China approves $840B plan to refinance local government debt, boost slowing economy

China has announced a 6 trillion yuan ($839 billion) plan to help local governments refinance their mountains of debt in the latest push to rev up growth in the world's second largest economy

World - ABC News - November 8

Shares in UK retailers fall as sector counts cost of NICs tax rise – business live

Rolling coverage of the latest economic and financial news. Tariffs, tech and Taiwan: how China hopes to Trump-proof its economy . Yesterday’s cut to UK interest rates doesn’t seem to have ...

World - The Guardian - November 8

What should I do when a credit card debt collector contacts me?

If you've been contacted by a debt collector about old credit card debt, here's what you should do.

Cop29 live updates: Carbon credit trade rules approved, breaking lengthy deadlock

Draft decision on article 6 approved with no objections. UN climate chief Simon Stiell gave a moving speech at the Cop29 opening plenary on Monday, writes Dharna Noor, fossil fuels and climate ...

World - The Guardian - November 11

28% of credit card users are still paying off last year's holiday debt. But that's an improvement

Americans tend to overspend during the holiday season. In fact, some shoppers are still paying off last year's purchases.

Business - CNBC - November 12

Credit card debt hits record $1.17 trillion, New York Fed research shows

Credit card balances rose in the third quarter of 2024, the Federal Reserve Bank of New York found.

Business - CNBC - November 13

Americans’ $1 trillion credit-card debt problem is inching in the right direction as inflation eases

Americans are still building up their credit-card balances, but they’re doing a better job paying those bills on time — and it could be sign that inflation’s bite is easing.

Business - MarketWatch - November 14

Credit card debt just hit a new high. Here's how to tackle yours now.

The total amount of credit card debt nationwide just keeps climbing. Here's how to get rid of your card debt now.

Still paying off last year's holiday debt? Here's what to do now.

If you haven't paid off last year's holiday credit card bills, use these strategies to tackle it now.

3 times you should pay off credit card debt collections (and 3 times you shouldn't)

Paying off collections debt can be a smart financial move, but it won't make sense in every scenario.

President Joe Biden has forgiven over $166 billion in student debt—see how much in each state

Fixes to existing forgiveness programs and a brief window under the new SAVE program allowed President Biden to forgiven $166 billion in student debt.

Business - CNBC - November 15

AMC is poised to ride the box-office rebound, as long as its debt doesn't get in the way

AMC is taking strides to improve its revenue and coax lapsed moviegoers back into its theaters with premium screens and specialty popcorn buckets.

Business - CNBC - 5 days ago

AMC is poised to ride the box office rebound, as long as its debt doesn't get in the way

The domestic box office is on the rebound, having posted its highest third-quarter ticket sales since the pandemic.

Should you use home equity to pay off debt before the holidays? What experts say

Using home equity to pay off debt before the holidays could make sense for some, but not everyone.

Want to have your credit card debt forgiven? Avoid these 3 costly mistakes

If you want to settle your credit card debt for less than what you owe, make sure to avoid these big mistakes.

Greece to repay chunk of bailout debt early and touts recovery during anger over cost of living

Prime Minister Kyriakos Mitsotakis says Greece is set to make an early repayment of 5 billion euros or $5.3 billion in bailout-era debt in 2025

World - ABC News - 5 days ago

Can you use a 401(k) hardship loan to pay off credit card debt?

You could pay off your credit card debt with your retirement funds, but there are likely better options.

Could Trump reinstate the student debt that Biden forgave? Here's what experts say

Millions of student loan borrowers have had their debt forgiven under the Biden administration. Could President-elect Donald Trump claw back that relief?

Business - CNBC - 3 days ago

Kent State football coach Kenni Burns taken to court for unpaid $24K credit card debt

Burns makes nearly $500K annually and is in his second year as Golden Flashes head coach

Sports - CBS Sports - 3 days ago

Trump’s tax cuts and Musk’s Doge show they have no idea about US debt | Jeffrey Frankel

It is often said the tycoons know how to put America’s fiscal house in order – but the smart money says that’s not the case. When the US presidential election was called for Donald Trump, the yield ...

World - The Guardian - 2 days ago

3 ways to have your credit card debt forgiven in the final weeks of 2024

Don't let your high-rate credit card debt follow you into the new year. Take steps to have it forgiven now instead.

When should you use home equity for debt consolidation? Here's what experts suggest.

Home equity can be a handy debt consolidation tool, but using it for this purpose also comes with some risks.

Moscow offers debt forgiveness to new recruits and AP sees wreckage of a new Russian missile

Russian President Vladimir Putin has signed a law granting debt forgiveness to new army recruits who enlist to fight in Ukraine

World - ABC News - 1 hour ago

No tax rises in payslips for 'working people', vows minister

Bridget Phillipson refused to say if a small business owner was a "working person" in an interview with the BBC, ahead of Wednesday's Budget.

Silverstone to upgrade infrastructure as F1’s popularity rises

Home of British Grand Prix builds new infrastructure with facilities to foster next generation of racers

Business - Financial Times - October 27

The Rise of Kamala Harris Is Atypical and Distinctly American

The rise of Kamala Harris, the tenacious child of high-achieving immigrants, is atypical. But her story is also distinctly American.

Top stories - The New York Times - October 26

Bus fare cap in England rises to £3

Keir Starmer announces 50% increase from next year

World - Financial Times - October 28

Tax rises needed to avert austerity, Starmer says

The prime minister gives a gloomy economic picture as he set out his justifications for "tough decisions" in the Budget.

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