debt
Why NYC bondholders should be very afraid of 1970s-style financial crisis
The Big Apple isn't experiencing a 1970s moment or even a budget crisis, but the elements are in place to push us in that direction.
Biden's $475B student debt cancellation plan blocked as federal appeals court issues final decision
The Eighth US Circuit Court of Appeals had partially blocked the loan forgiveness effort last year.
DOGE claims $55B in total savings from cost-cutting spree as it launches data portal for public
Cost-cutting whizzes at the Department of Government Efficiency (DOGE) claim to have saved taxpayers an estimated $55 billion through a series of belt-tightening initiatives.
My shopping addiction had me spending $1K a month on clothes — now I'm trying to help others
Influencer Hannah Blass' life had spiraled “out of control” by the time she finally admitted she had a problem.
Cyndi Lauper's rapper son files for bankruptcy just days before sex assault lawsuit mediation
On Thursday, lawyers for Declyn "Dex" Lauper Thornton filed for Chapter 7 bankruptcy protection.
X's financials appear to be recovering as banks prepare for debt sale: report
Potential buyers are finally seeing some signs that X might be bouncing back after the platform reportedly suffered serious losses under Elon Musk.
Wall Street banks to sell billions in loans given to Elon Musk for purchase of X
Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.
How I saved 77% of my income to help pay off student loans
Bradley Alagna, 32, started making sacrifices after being left in $130,000 worth of student loans debt and he was only earning $12-an-hour.
Biden announces one more round of student debt forgiveness — bringing total to 5 million recipients at $183B cost
Monday's announcement will cost taxpayers another $4.23 billion as Biden heads for the exit.
Elon Musk concedes DOGE unlikely to find $2 trillion in budget cuts — but here's what would be an 'epic outcome'
Tech baron Elon Musk walked back a prior claim that his vaunted blue ribbon commission on government bloat and inefficiencies would be able to slash the roughly $6.75 trillion federal...
New Senate leader Thune aims to tackle US 'fiscal mess' but admits GOP tax cuts may not be fully funded
New Senate Majority Leader John Thune on Sunday said one of his top objectives will be to address the country’s “fiscal mess” -- even while acknowledging upcoming expected GOP tax...
The dam is about to break as US credit card loan defaults soar: experts
During the first nine months of 2024, lenders wrote off more than $46 billion in seriously delinquent credit card loans, according to a report.
Holiday spending 'clearly on track' to reach record-breaking heights even as credit card debt strangles shoppers
Americans were already heavily saddled with debt before heading into the holiday season.
Bill Maher rips on Jay Leno over gambling debt theories amid brutal injury from falling down hill
Leno was all in on the outlandish theories ridiculing the premise and how the mob would get to him.
‘Extraordinary measures’ needed by mid-January to keep US from defaulting on national debt, Treasury Secretary Janet Yellen warns Congress
The Treasury Secretary urged lawmakers to act "to protect the full faith and credit of the United States."
Instagram influencer stuck with husband's $33.6M debt after high-profile real estate mogul took his own life
Candice Miller is still wading through her husband’s $33.6 million debt following his shocking July suicide— as she rebuilds her life with her daughters at a $10 million beachfront Miami...
Nebraska man who lost his home of almost three decades over $588 debt is getting it back
Kevin Fair from Nebraska is getting title to his home back, years after losing it over a $588 tax debt.
Roc-A-Fella co-founder and former Jay-Z partner Damon Dash hid cash to dodge paying $100K judgment: suit
The lawsuit was filed after Dash’s stake in Rocafella Records was sold at auction for a paltry $1 million – with the winning bidder being the state, meaning a long...
Biden signs bipartisan funding bill to keep government open
"This agreement represents a compromise, which means neither side got everything it wanted," Biden said.
Biden OKs another $4.28B in student debt relief for public service workers
President Biden signed off on yet another student debt forgiveness package Friday, giving $4.28 billion to nearly 55,000 public service workers.