Latest in U.s Hit Debt
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Will a debt consolidation loan be worth opening in 2025? Experts weigh in
A debt consolidation loan may improve your finances in the new year — but it could depend on the circumstances.CBS News - 4h -
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Why the debt fight is going to get even worse next year
On Jan. 1, the limit resumes on the U.S. national debt of more than $36 trillion. And Republicans are divided on how to handle the cliff, after the House shot down the incoming president's plan.Politico - 12h -
'Seeing through debt-colored glasses.' Author details main character being trapped in credit card debt
In Saïd Sayrafiezadeh's fictional short story, "Minimum Payment Due," the main character is trapped in credit card debt and desperate for a way out.CNBC - 1d -
China Has Limited Firepower to Counter U.S. Tariffs
While Beijing has already brandished the ways it could hit back at Trump‘s levies, such retaliation risks boomeranging.The Wall Street Journal - 1d -
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Yellen Issues Debt Limit Warning to Congress
The Treasury secretary urged Congress to protect the full faith and credit of the United States by raising the debt limit.The New York Times - 2d -
Former U.S. President Jimmy Carter dies at 100
Former President Jimmy Carter died Sunday afternoon at the age of 100.ESPN - 9h -
Trump on collision course with conservatives over debt limit
President-elect Trump is headed for a battle over the debt limit with conservative lawmakers who are demanding steep cuts to federal spending that will significantly complicate Trump’s ability to ...The Hill - 10h -
Trump blasts GOP, McCarthy over debt ceiling
President-elect Trump on Sunday harshly criticized the House GOP, and former Speaker Kevin McCarthy (R-Calif.), for voting to raise the debt ceiling in 2023 through Jan. 1, 2025. Trump in a post on ...The Hill - 22h -
The 10 longest-living U.S. presidents
Of the 45 U.S. presidents who served, Jimmy Carter has lived the longest, and John F. Kennedy the shortest.NBC News - 23h -
Ask an Advisor: Should I Sacrifice Retirement Funds to Eliminate $240K in Debt?
With stocks and bonds down, should I use retirement assets, such as a Simplified Employee Pension Plan (SEP) IRA, Roth or annuity, to pay down credit card debt? My stocks are down 15% to 20%, and ...Yahoo Sports - 1d -
Treasury secretary warns Congress as US nears its debt limit
Treasury Secretary Janet Yellen warned Congress on Friday that the U.S. will hit its debt limit unless the government takes "extraordinary measures" to avoid default. The notification likely means ...NBC News - 2d -
U.S. homelessness surged a record 18% in 2024
Homelessness in the U.S. jumped 18.1% this year, hitting a record level, with the dramatic rise driven mostly by a lack of affordable housing and devastating natural disasters, officials say. Lilia ...CBS News - 2d -
Janet Yellen tells Congress that U.S. could hit debt limit in mid-January
Treasury Secretary Janet Yellen said her agency will need to start taking "extraordinary measures" or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling by ...CBS News - 2d -
Severe weather causes travel delays across the U.S.
Just hours after multiple tornadoes struck Texas and powerful storms slammed parts of Louisiana, several states are now facing a threat of severe weather this weekend. All of this comes amid busy ...CBS News - 2d -
Trump urges Supreme Court to hit pause on a law that could ban TikTok in the U.S. next month
The Supreme Court is scheduled to hear arguments in the case on Jan. 10. The law is set to take effect on Jan. 19, one day before President-elect Donald Trump is sworn in.NBC News - 2d -
The Evening: Record Homelessness in the U.S.
Plus, how to get fitter in 2025.The New York Times - 2d -
Russian anti-aircraft system may have hit plane before crash, U.S. official says
A U.S. official tells CBS News that there were early indications that a Russian anti-aircraft system may have struck the plane that crashed in Kazakhstan. CBS News' Chris Livesay has the latest, ...CBS News - 3d -
What happens if you don't pay credit card debt that's in collections?
There could be repercussions for not paying credit card debt that's gone into collections. Here's what they are.CBS News - 3d -
Credit card debt set to hit record levels as consumer holiday spending rises
Heading into the holidays, many Americans were already saddled with record-breaking credit card debt.NBC News - 3d -
Biden to decide on Nippon Steel acquisition of U.S. Steel
President Biden has just over a week to decide how he wants to move forward on Nippon Steel's proposed acquisition of U.S. Steel. CBS News White House reporter Willie James Inman has more on that ...CBS News - 3d -
In Syria, U.S. Hopes to Avoid Replay of Afghanistan
American officials are wary as they try to persuade the rebels now in control in Syria to govern with an inclusive and moderate hand.The New York Times - 3d -
U.S. official says Russian anti-aircraft system may have hit flight that crashed in Kazakhstan
A U.S. official has told CBS News that there are early indications a Russian anti-aircraft system may have struck the Azerbaijan Airlines flight that crashed in Kazakhstan Wednesday. CBS News ...CBS News - 3d -
What is gold's relationship to the U.S. dollar?
The dollar doesn't have an official relationship with gold, but it's one of many factors influencing the price.CBS News - 3d -
Credit card debt set to hit record levels as consumer holiday spending rises
Consumers are on track to set a spending record this holiday season. But leaning on credit cards could come at a high cost.CNBC - 3d -
Severe weather slams South, parts of western U.S.
Across southeast Texas, there were multiple sightings of tornadoes Thursday. In Dallas, storms brought flash flooding. Meanwhile, a powerful atmospheric river hammered California, Oregon and ...CBS News - 3d -
Candice Miller Contends With a Tangle of Debt After Her Husband’s Death
On Instagram, Candice Miller showed the world glittering parties and vacations. When her husband, Brandon Miller, died, he had $33.6 million in debt and just $8,000 in the bank.The New York Times - 3d -
Who Are the Houthis and Why Is the U.S. and Israel Attacking Them?
The Iranian-backed militia has launched attacks on commercial ships in the Red Sea and against Israel.The New York Times - 3d -
One in 3 Americans took on holiday debt. Try these tips to help pay it off.
Many Americans are capping off the holidays with new debt balances.NBC News - 3d -
36% of Americans took on holiday debt this year — averaging $1,181 — survey finds. These tips can help
The holiday season may linger on for those who racked up more credit card debt than they anticipated. These tips can help knock those balances down.CNBC - 4d -
What qualifies as a financial hardship for credit card debt forgiveness?
Certain types of financial hardships can make it easier to have your debt forgiven. Here's what they are.CBS News - 4d -
Will the U.S. Ever Be Ready for a Female President?
Democrats wanted to end the electability debate. After Vice President Kamala Harris’s defeat, a conversation that has frustrated and foiled two generations of female candidates rages on.The New York Times - 4d -
The impact of tariffs on the U.S. toy industry
If President-elect Donald Trump follows through on his threat of imposing new tariffs on Mexico, Canada and China, it could have major repercussions for the U.S. toy industry. Kelly O'Grady explains.CBS News - 4d -
What rights do I have if my credit card debt is in collections?
By knowing these rights, you may be able to avoid some of the common pitfalls associated with debt collection.CBS News - 6d -
Arrest after man killed in alleged hit-and-run
Dyfed-Powys Police say they have located the vehicle believed to be involved in the incident.BBC News - 6d -
‘I’m young, debt-free and happy-go-lucky’: My boyfriend has $45,000 in debts, two houses, two kids and pays child support. Is he a safe bet to marry?
“Lately, we’ve been discussing the future, including marriage.”MarketWatch - 6d -
Holiday weather forecast for across the U.S.
Millions across the West Coast and Central Plains are expecting a warm holiday season while the East is bracing for another round of cold weather. CBS News Philadelphia meteorologist Andrew Kozak ...CBS News - 6d -
What is the 7-in-7 rule with credit card debt collectors?
If you have debt in collections, understanding how the 7-in-7 rule works could come in handy. Here's why.CBS News - Dec. 23 -
The presidential solution to taming the growing federal debt
The federal debt is growing rapidly due to Congress' incentives to spend, but the president's impoundment power could provide a natural counterbalance to this by allowing the president to trim ...The Hill - Dec. 23