Powell Warns: High Inflation to Delay Rate Cuts
Federal Reserve Chair Jerome Powell delivers sobering testimony, indicating prolonged high interest rates as inflation proves more persistent than anticipated, sending ripples through global markets.
Category : Search result: federal debt
Court Upholds Trump's Firing of Fed Governor Lisa Cook
A US appeals court has dismissed Lisa Cook's lawsuit against Donald Trump, ruling the former president had absolute immunity when he fired her from the Federal Reserve Board in 2025. The landmark decision raises serious questions about presidential power
Mum clears £36k credit card debt with simple method
A UK mother reveals her simple but effective 'snowball method' to become debt-free, paying off a staggering £36,000 in credit card debt on an average income. Her story is an inspiration to families struggling with the cost of living.
Debt Collector Hell: Pursued for a Stranger's Bills
A UK man's five-year ordeal with relentless debt collectors over a stranger's unpaid bills exposes a shocking flaw in the system. Discover how to protect yourself from wrongful debt pursuit.
ICE Agent Shot in Critical Condition in Chicago
A US Immigration and Customs Enforcement agent is in critical condition after a targeted shooting in Chicago's West Side. Federal authorities are investigating the brazen daylight attack.
Cruise passenger jumps overboard to escape gambling debt
A Royal Caribbean passenger made a desperate 80ft leap from the Symphony of the Seas to escape a staggering gambling debt, sparking a major rescue operation in Puerto Rico.
Federal Agents Raid Chicago Suburb in Major Operation
The Chicago suburb of Evanston was the scene of a significant federal law enforcement operation on Monday, with agents from multiple agencies executing a search warrant at a residential property. The nature of the investigation remains undisclosed as auth
Middle-Class Town Has Britain's Worst Household Debt
An exclusive Daily Mail investigation uncovers how Gedling, a Nottinghamshire town, has become the epicentre of Britain's personal debt crisis, with middle-class families facing crippling council tax arrears and a desperate cost-of-living battle.
Trump's Plan to Strip Protections from US Federal Workforce
Exclusive: The Trump administration is advancing a sweeping plan to strip job protections from thousands of federal employees, potentially reshaping the US government's structure and igniting a fierce political battle over the future of the American civil
Trump Sued by Fed's Lisa Cook Over Discrimination Claims
Former President Donald Trump is being sued by Federal Reserve Governor Lisa Cook, who alleges a campaign of racial and gender-based discrimination derailed her initial confirmation. The landmark case exposes deep tensions within the US financial oversigh
Fed Governor Lisa Cook Sues Trump Over Dismissal
US Federal Reserve Governor Lisa Cook launches landmark lawsuit against former President Donald Trump, alleging unlawful termination and constitutional violations in a dramatic political clash.
Who is Lisa Cook? The Economist Reshaping US Policy
An in-depth look at the life and career of Dr Lisa Cook, the pioneering economist making history at the Federal Reserve. Discover her journey from academic excellence to shaping global economic policy.
Trump pledges federal crackdown on crime in Democrat cities
In a fiery campaign speech, Donald Trump pledges to send federal forces into Democrat-run cities like Chicago and Detroit to combat soaring crime rates, labelling them 'cesspools of violence'.
Trump-Appointed Fed Governor Lisa Cook Resigns
Federal Reserve Governor Lisa Cook, a historic appointee, announces her resignation effective July 15th. Her departure follows a contentious tenure marked by political attacks from Trump allies and unsubstantiated fraud allegations.
Single mum's £14k divorce debt battle
A single mother shares her heartbreaking journey into £14,000 debt after divorce and reveals how she turned her finances around.
US National Debt Hits Record High Under Trump and Biden
The US national debt has surged to unprecedented levels, with both Trump and Biden administrations contributing to the staggering increase, according to the latest Treasury Department report.
Mark Bouris warns of Australia's debt time bomb
Finance expert Mark Bouris issues a dire warning about Australia's spiralling household debt, urging immediate action to avert economic catastrophe.
Govt system illegally cancelled Jobseeker payments
A shocking report uncovers that an automated government system illegally terminated hundreds of Jobseeker payments, leaving vulnerable Australians in financial distress.
Young Brits warned about BNPL debt risks
Experts warn young Brits about the financial risks of Buy Now, Pay Later services, urging caution to avoid debt traps.
Debt repayment trick to wipe thousands off your balance
A simple yet effective method to reduce your credit card debt faster and save on interest payments. Discover how prioritising high-interest debts can make a difference.
Medicaid patients crushed by Trump-era medical debt
A controversial Trump-era policy has left thousands of Medicaid patients burdened with unmanageable medical debt, raising concerns over healthcare accessibility in the US.
Scottish clubs owe £22m in COVID loans
Scottish football clubs are under scrutiny as they collectively owe more than £22 million in unpaid COVID-19 loans to the UK government, raising concerns over financial stability in the sport.
Bailiffs chase wrong woman over council tax error
A woman is battling to clear her name after bailiffs threatened her over unpaid council tax – for a property she's never even lived in. The shocking error has left her fearing for her credit score and reputation.
Man guilty of murdering ex over £100k debt in luxury hotel
A man has been convicted of murdering his former fiancée after a dispute over a £100,000 debt, with the crime taking place in a five-star hotel.
Kate Garraway sells home amid husband's care debt
TV presenter Kate Garraway faces heartbreaking decision to sell her home as mounting debts from husband Derek Draper's long-term care take their toll.
Australia slashes student loan debt
The Australian government has announced significant cuts to student loan debt, offering relief to millions of borrowers. Find out how this will impact graduates and the education sector.
Australia's AU$100bn student debt crisis deepens
Australia faces a growing student debt crisis, with millions of graduates struggling under billions in unpaid loans. Experts warn of long-term economic consequences.
Cambodian garment workers face ruin amid US tariffs
Thousands of Cambodian garment workers are staring at an uncertain future as looming US tariffs threaten their livelihoods, leaving many jobless and drowning in debt.
Investor warns of new economic crisis
A veteran investor who foresaw the 2008 financial meltdown warns of an impending 'economic heart attack' in the US, citing unsustainable debt and market instability.
Claim back student loan overpayments before deadline
Graduates in the UK could be owed thousands in overpaid student loans. Here's how to check and reclaim your money before the deadline.
Page 3 of 4