debt

U.S. Budget Deficit Hits $307 Billion in February

In February, the U.S. federal budget deficit reached $307 billion, marking a 4% increase from the same month in the previous year, according to the Treasury Department.

FTC Issues $5 Million in Refunds for Credit Card Debt Relief Scam

The Federal Trade Commission (FTC) is distributing over $5 million in refunds to victims of a fraudulent credit card debt relief scheme run by ACRO Services. The company and its operators were accused of deceptive practices that misled consumers about their ability to reduce or eliminate credit card debt.

Hunter Biden’s Artwork Reportedly Lost in Los Angeles Wildfires

Nearly 200 pieces of artwork by Hunter Biden, valued in the millions, were destroyed in the recent Los Angeles wildfires, according to a report by the New York Post. Some of the pieces were priced as high as $500,000 each and were stored near the Pacific Palisades home of Biden's attorney, Kevin Morris. The storage site reportedly succumbed to the flames, while Morris’ mansion remains one of the few properties in the area still standing.

Afghanistan Withdrawal Families Back Pete Hegseth for Secretary of Defense

Families who lost loved ones during the 2021 Afghanistan withdrawal are rallying behind Pete Hegseth, President-elect Donald Trump’s nominee for Secretary of Defense.

Biden Cancels Student Loans for 150,000 Borrowers Ahead of Trump Transition

President Joe Biden announced the cancellation of student loans for 150,000 borrowers on Monday, just one week before the upcoming transition to a Trump administration.

Macron’s Popularity Hits New Low as Le Pen Leads Race for French Presidency

French President Emmanuel Macron’s approval rating has fallen to its lowest point since the 2018 Yellow Vest protests, with Marine Le Pen emerging as the leading candidate to replace him. A recent Ipsos poll conducted on January 8-9 among 1,000 representative voters shows Macron’s popularity declining by two points to 21%, a stark drop for the president as his administration struggles with mounting challenges.

JD Vance Criticizes Biden Administration’s Legacy as a ‘Dumpster Fire’

Vice President-elect JD Vance has sharply criticized the Biden administration, labeling its economic and policy legacy as a "dumpster fire" during an appearance on Fox News Sunday. Vance’s remarks come as President-elect Donald Trump prepares to assume office after a contentious election.

Pope Francis Urges a Compassionate Approach to Migration

Pope Francis called for greater compassion and dignity in addressing migration and emphasized the urgency of environmental care in his annual address to the diplomatic corps on Thursday. The pontiff criticized the treatment of migrants as mere "problems to be managed" rather than individuals with dreams, talents, and dignity.

College Costs Are Falling at Public Schools, Student Debt Decreases

College costs are dropping, especially at public universities, where tuition and student debt have declined significantly over the past decade. According to the College...

Biden Administration Pushes Rule to Erase Medical Debt from Credit Reports

In a controversial move during its final weeks, the Biden administration’s Consumer Financial Protection Bureau (CFPB) finalized a rule Tuesday that will prevent medical debt from appearing on credit reports. The regulation, estimated to impact 15 million Americans and $49 billion in medical debt, also bars creditors from using medical information in lending decisions.

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