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Global public debt to pass $100tn this year, says IMF

Fund calls for tougher action by big economies, with debt set to approach 100% of world GDP by end of decade

Business - Financial Times - October 15

Global public debt will hit $100 trillion by year-end, says IMF

The IMF warned of the risks posed by unsustainable public debt levels.

Business - CNBC - October 23

Former British colonies owe ‘debt of gratitude’, says Robert Jenrick

Tory leadership candidate wades into reparations debate, arguing empire brought democratic institutions. UK politics live – latest updates Britain’s former colonies should be thankful for the ...

World - The Guardian - Yesterday

Global public debt to hit $100tn this year, says IMF; Boeing to raise up to $25bn to shore up balance sheet – business live

Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected. Cooling labour market adds to Reeves’s tax-raising ...

World - The Guardian - October 15

4.8M borrowers, including 1M in public service, have had student debt forgiven, Biden admin says

The Biden administration announced it has provided student debt relief to more than 1 million borrowers who work in public service and 4.8 million borrowers in total.

Bondholders could make $14bn from emerging market restructurings, says Debt Justice

Campaign group says debt resolution in countries from Ghana to Ukraine means potential big profits for investors

World - Financial Times - October 18

China needs stimulus with 'beautiful deleveraging' to avoid debt crisis, says Ray Dalio

China must employ a “beautiful deleveraging” in addition to its recent stimulus measures in order to avoid debt crisis, says Ray Dalio.

Business - CNBC - October 18

As nervous investors worry about the presidential election, public debt is a top concern financial advisors say

The impacts of outstanding U.S. debt could have long-lasting implications beyond the November election, according to new research.

Business - CNBC - October 18

U.S. Treasury says debt-auction sizes can remain steady for next several quarters

Agency to auction $125 billion next week, unchanged from last quarter

Business - MarketWatch - 8 hours ago

What debt types does debt consolidation cover?

Debt consolidation can be a smart way to cut down on interest charges — but there are limitations to know about.

The great wall of debt

Given the pile of maturing financing, 2025 and 2026 will prove challenging years for investors

Business - Financial Times - October 17

Will credit card debt forgiveness cover my $40,000 debt?

Getting rid of your credit card debt is important, but is debt forgiveness the right approach? Here's what to know.

Will credit card debt forgiveness cover my $15,000 debt?

If you're trying to tackle $15,000 in credit card debt, it's important to find the right strategy first.

Will credit card debt forgiveness cover my $25,000 debt?

With credit card interest rates high, many borrowers may need forgiveness now. But can it cover $25,000 worth of debt?

Will credit card debt forgiveness cover my $3,000 debt?

Stuck with a $3,000 credit card bill? Here's how to get help now.

IMF chief warns of ‘unforgiving’ debt backdrop and low growth

Kristalina Georgieva says governments’ reluctance to rein in spending heightens public finances challenge

Business - Financial Times - October 17

Biden Cancels Another $4.5 Billion in Student Debt

The executive decision will help 60,000 borrowers, bringing the total number of public service workers getting loan forgiveness to more than 1 million.

Business - Inc. - October 17

Debt rule to change to fund major projects

Government claims the move contrasts with former PM Liz Truss's controversial mini-Budget.

Harris and Trump are equally silent on the expanding US debt

The nation is borrowing to finance current consumption rather than to make much-needed long-term investments

World - Financial Times - October 18

'Holiday home dream left us crippled with debt'

Families who lost tens of thousands of pounds buying holiday caravans want the industry to change.

Atos Debt Grows as Restructuring Effort Continues

Atos said its debt pile grew in the third quarter as the beleaguered French IT firm seeks to implement a financial restructuring aimed at restoring profitability.

Business - The Wall Street Journal - 6 days ago

Economist on whether the national debt is cause for concern

The national debt has reached a staggering $35 trillion, yet some economists argue it's not a problem. Stephanie Kelton, author of "The Deficit Myth," joins "CBS Mornings Plus" to explain how ...

How to qualify for a debt consolidation program this November

There could be big benefits to enrolling in a debt consolidation program now, but you'll have to qualify first.

3 reasons to consider debt relief this November

Not sure if your situation warrants the help of a debt relief servicer? Here are three timely reasons why it may.

Have $10,000 in credit card debt? Here's how much debt forgiveness could cover.

Pursuing debt forgiveness could substantially reduce the $10,000 credit card debt you're dealing with. Here's how.

Have $15,000 in credit card debt? Here's what a debt forgiveness plan could cover.

If you're dealing with $15,000 in credit card debt, this type of debt relief could offer a reprieve. Here's how.

Have $7,500 in credit card debt? Here's what debt forgiveness could cover.

Getting rid of $7,500 in credit card debt could be easier with the help of a credit card debt relief program.

Have $25,000 in credit card debt? Here's what debt forgiveness could cover.

The right credit card debt forgiveness program could reduce your $25,000 credit card balance significantly.

Have $50,000 in credit card debt? Here's what debt forgiveness could cover.

With a credit card balance that high, the right debt forgiveness program could help you save a substantial amount.

Have $40,000 in credit card debt? Here's what debt forgiveness could cover.

The right debt forgiveness program could lead to hefty savings on a $40,000 debt. Here's how.

Corporate debts mount as credit funds let borrowers defer payments

Use of payment-in-kind loan terms is growing as companies struggle with heavy leverage and high interest rates

Business - Financial Times - October 14

3 ways to make your credit card debt cheaper this October

With rates averaging nearly 23%, credit card debt is expensive right now — but there are ways to reduce the costs.

10-, 30-year U.S. government debt rallies for second day on lower oil and weak manufacturing reading

Long-term Treasury yields fell for a second day on Tuesday as traders reacted to a weaker-than-expected manufacturing reading from the New York Fed and new developments from the Middle East that ...

Business - MarketWatch - October 15

Boeing seeks to raise up to $25bn through stock and debt offering

Planemaker also enters into $10bn credit agreement in ‘challenging environment’ amid strikes and safety concerns. Boeing is seeking to raise up to $25bn (£19bn) in an attempt to shore up its ...