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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 marketBusiness - 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.Top stories - CBS News - November 7 -
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 - 6 days ago -
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 economyWorld - ABC News - 6 days ago -
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 - 6 days ago -
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.Top stories - CBS News - 6 days ago -
'My 12 hours of uni each week are incredible value'
University fees are rising to £9,535, meaning students will be left in more debt after their course.Top stories - BBC News - 4 days ago -
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 - 3 days ago -
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 - 2 days ago -
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 - Yesterday -
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 - 12 hours ago -
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.Top stories - CBS News - Yesterday -
Harris campaigns in Michigan, works to shore up support with Black men
Vice President Kamala Harris on Tuesday was campaigning in the battleground state of Michigan, where she was looking to boost support among Black men. Ed O'Keefe has more.Politics - CBS News - October 15 -
Supporting Israel isn’t enough — the Islamic Republic must go
Achieving peace between Israel and Iran is impossible as long as the Islamic Republic remains in power.Politics - The Hill - October 16 -
Unions: Support automation that helps workers without sinking them
A far better approach would be to ensure that automation benefits workers, not just providing stratospheric gains for shareholders and executives.Politics - The Hill - October 16 -
Brazil federal police seek extradition of Bolsonaro supporters from Argentina
Brazil’s Federal Police has requested the extradition of dozens of people who had fled the country after being accused of storming top government offices last year, in an alleged bid to forcefully ...World - ABC News - October 16 -
Embattled DEI Programs Get Support From Congressional Democrats
A group of 49 House Democrats asked U.S. companies to retain their diversity, equity and inclusion programs as rollback efforts work through the courts.Business - Inc. - October 16 -
Harris launches new push to win GOP support in Pennsylvania
The Harris campaign has started a new outreach push to target Republicans looking for an alternative to former President Donald Trump. Robert Costa reports.Politics - CBS News - October 16 -
China pledges more financial support for 'whitelist' real estate projects
Ni Hong, China's minister of housing and urban-rural development, made the announcement at a press conference on Thursday.Business - CNBC - October 17 -
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BoE watchdog to signal more rules can be eased to support growth
Sam Woods to rebuff criticism that PRA is not doing enough to boost economy at annual City dinnerBusiness - Financial Times - October 17