The U.S. government bumped up against its debt limit Thursday forcing the Treasury Department to take accounting steps to avoid a default. Neil Bradley, Executive Vice President of the U.S. Chamber of Commerce, joins the show to tell us about the debt limit crisis, and what he thinks should be done to fix it.
It's not about spending cuts, it's about fighting Those People.
- The Hill
Senate Republican Leader Mitch McConnell (Ky.) on Wednesday accused Majority Leader Charles Schumer (D-N.Y.) of hypocrisy for refusing to negotiate with House Republicans on raising the debt limit, even though the Democratic leader saw the debt limit as “leverage” to negotiate spending increases with former President Trump. “It is right, appropriate, and entirely normal…
- Simply Wall St.
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
- Motley Fool
Credit cards are extremely convenient and offer both greater security for your money as well as the ability to earn money back (and other rewards) on your spending, so it makes sense that they're so popular. Unfortunately, since credit cards can be easy to get and are unsecured (meaning, they're not tied to a specific asset, the way your mortgage loan is secured via your home), it can also be easy to get in over your head with credit card debt. This is especially true after this last year of rampant inflation forced so many Americans to rely on credit cards to keep their heads above water.
- Simply Wall St.
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
The personal finance advice on TikTok can be very hit or miss, but the latest trend -- "financial cleanses" -- may have some merit. Although we've already hit February, it's still not too late in the...
With each passing month, inflation just keeps rising -- and so does personal debt. At the end of 2022, Americans' total consumer debt was more than $16 trillion. Is becoming debt-free even possible in...
The United States hit its borrowing cap of $31.4 trillion in January, prompting the start of measures to avoid a default as Democrats and Republicans head towards another clash on raising or suspending the country's debt limit.The debt limit is a legally established maximum on how much the United States can borrow to pay the government's bills, for everything from social welfare programs to salaries for the military.
- Motley Fool
The Federal Reserve has been on a mission to fight inflation since early 2022. To that end, it's been implementing aggressive interest rate hikes in an attempt to drive up the cost of consumer borrowing. The central bank announced a 0.25% rate hike on Feb. 1.
If you have medical debt, keep an eye on your credit report. A new federal law is bringing relief to some Americans whose credit was negatively impacted by medical bills.
- Good Housekeeping
During a recent taping of 'Today With Hoda and Jenna,' NBC journalist Hoda Kotb called out Jenna Bush Hager for misunderstanding the topic discussed on the air.
- Business Insider
2 House Republicans caught saying Ilhan Omar removal was the 'stupidest vote in world' before begging reporters to not tell GOP leadership what they said
Two House Republicans blurted out what they really thought about Thursday's vote to oust Democratic Rep. Ilhan Omar in what they thought was private.
The debate might've been even weirder than we thought.
Trump says that if he's reelected he won't use the powers of the presidency to punish his enemies, but adds that he'd be 'entitled to a revenge tour'
In an interview with Hugh Hewitt, Trump went on a tirade against news outlets that reported on Russian interference during the 2016 election.
Michele Gile provides continued coverage on the tragic incident that occurred in Dana Point on Wednesday, when a cyclist was struck from behind by a vehicle before the driver got out and stabbed him. Authorities have now identified both the victim and the suspect involved.
- Ducks Wire
It appears that former Oregon star Dillon Brooks hit Donovan Mitchell...below the belt on Thursday night. NBA Twitter had some thoughts after the scuffle.
- Miami Herald
An elementary school teacher in Homestead was charged Wednesday with having sex with one of his students. The relationship, police said the 13-year-old victim told them, was “romantic” after referring to him as her “boyfriend.”
In a new interview, Meghan Markle opens up about how she and Prince Harry were initially not able to afford their $14 million home in Montecito after stepping..
- USA TODAY Sports - Golfweek
‘Just a Hall of Fame player that didn’t create controversy’: For Jordan Spieth, one LIV member is missed more than others
"He was a friend of mine. He is a friend of mine. I just haven't seen him. But I always really enjoyed playing with him and being around him."
- Rookie Wire
Rookie Wire took a look at some of the biggest snubs from the 2023 NBA All-Star Game.