Yellen: US will hit debt ceiling in mid- or late-January

'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 - 4h

Airport train services hit by £100k cable theft

Passengers have been warned to expect disruption because of the stolen cable.

BBC News - 8h

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 - 1d

Janet Yellen says Treasury will need to take 'extraordinary measures' to avoid default next month

The notification to Congress is the clearest sign yet that the fight to avoid default will likely take place in the early months of the new Trump administration.

NBC News - 1d

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 - 1d

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 - 2d

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 - 6h

Sandro Tonali turns power on for Newcastle to light mid-season spark

Decision to move midfielder into deeper position has paid off to reignite hopes of Champions League qualification. Eddie Howe kept flicking switches and pressing buttons but the power refused to do ...

The Guardian - 21h

Billings hits 72 in Thunder's win against Stars

Sam Billings' 72 from 39 balls helped Sydney Thunder beat Melbourne Stars by 18 runs in the Big Bash. England wicketkeeper Billings hit nine fours and two sixes to lift the Thunder to 182-8. The ...

Yahoo Sports - 1d

My grandfather co-signed my cousin’s student loan. After my grandfather died, my cousin skipped town. Will the estate have to pay the debt?

“The loan is now in default, and I have no idea where this grandson is.”

MarketWatch - 1d

Yellen says extraordinary measures to avoid default will begin as soon as Jan. 14

Treasury Secretary Janet Yellen suggested in a letter to Congress on Friday that the department doesn't think the U.S. will need to take "extraordinary measures" on Jan. 2 to avoid defaulting on ...

The Hill - 1d

The Papers: PM's heartache and Labour's 'tax hit' to flights

Saturday's headlines include the death of Sir Keir Starmer's brother and criticism of a rates increase on flights.

BBC News - 1d

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 - 1d

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 - 2d

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 - 2d

Storms expected to hit wide swaths of US on busy travel weekend

Storms are expected to hit a wide swath of the U.S. on one of the busiest travel weekends of the year, according to the National Weather Service (NWS). A stormy weather pattern will continue over ...

The Hill - 2d

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 - 2d

London hit by record downturn in affordable housing

High inflation, interest rates and building safety costs are driving collapse in construction

Financial Times - 2d

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 - 2d

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 - 2d

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 - 2d

Israeli warplanes hit Houthi targets in Yemen

Boss of World Health Organisation among those present during Israel’s strike on Sana’a airport

Financial Times - 3d

Embiid: Win over C's shows Sixers' 'high ceiling'

Philadelphia's Christmas Day win over defending champion Boston is the latest in a string of performances that has turned around the 76ers' season and renewed their championship aspirations.

ESPN - 3d

US officials use National Menorah Lighting to promote peace, unity

U.S. officials and religious leaders spoke about peace and hope at the National Menorah Lighting hosted in front of the White House Wednesday to mark the beginning of Hanukkah. “We can all benefit ...

The Hill - 3d

Man arrested on suspicion of attempted murder after four people hit by car

Police say one of the pedestrians is in a life-threatening condition.

BBC News - 4d

Man arrested after pedestrians hit by car in London’s West End

Four people taken to hospital after incident, which police say was not terrorism-related, in early hours of Christmas Day . A man has been arrested on suspicion of attempted murder after ...

The Guardian - 4d

Shaheen breaks glass ceiling on Foreign Relations Committee

Sen. Jeanne Shaheen (D-N.H.) insists the Senate can chart a bipartisan course on global challenges under President-elect Trump, despite the Republican leader demonstrating his disruptive influence ...

The Hill - 4d

What Keeps Us Going

Times Opinion staffers share how they escaped it all this year.

The New York Times - 4d

Berlin cries Kulturkrise as cuts hit arts scene

One of Europe’s most vibrant cultural capitals is reeling over plans to slash subsidies

Financial Times - 4d

Mega Millions jackpot hits $1 billion for Christmas Eve drawing

The Mega Millions jackpot has soared to an estimated $1 billion for the drawing on Christmas Eve. It's only the seventh time in the game's history the jackpot has hit that mark. Dave Malkoff has more.

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 - 5d

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 - 5d

Millions hit the road and skies for Christmas Eve travel amid weather concerns

With a record number of travelers expected this Christmas Eve, airports and highways will be packed despite forecasts of challenging weather in the Northeast and West Coast. TSA expects nearly 40 ...

CBS News - 5d

‘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 - 5d

Yellen: US will hit debt ceiling in mid- or late-January

Topics