Student Loan Companies Illegally Collecting on Debt Discharged in Bankruptcy Consumer Watchdog Says
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Almost half of voters say student loan forgiveness is a key issue in 2024 election, survey finds
Almost half of all voters say forgiving student loan debt is an important issue in the 2024 presidential and congressional elections, a new survey finds.CNBC - Business -
Consumer Credit Lender CURO Files for Bankruptcy Under Heavy Debt Load
Company expects to reduce its debt by roughly $1 billion and save $75 million in annual cash interest payments through restructuring.The Wall Street Journal - World -
Retired grandmother still owes $108,000 in student debt 40 years after taking out loan
According to the U.S. Department of Education, 43 million Americans owe a collective $1.3 trillion in student loan debt.The Hill - Politics -
U.S. Consumer Watchdog Turns Focus to Credit Card Rewards, Buy-Now-Pay-Later Companies
The Consumer Financial Protection Bureau, acting on increased complaints, will examine rewards market and deferred payment programs.Inc. - Business -
Water companies in England face outrage over record sewage discharges
Call for environmental emergency to be declared after data reveals 105% rise in raw sewage discharges over past 12 months. How polluted is your local river and which regions are worst hit?Water companies in England have faced a barrage of ...The Guardian - World -
There's a key deadline in April for borrowers hoping to get student loan forgiveness
Borrowers with multiple federal student loans who request a consolidation by April 30 could be closer to student loan forgiveness. What to know.CNBC - Business -
Details on who qualifies for the Biden administration's new wave of student loan forgiveness
The Biden administration has unveiled a new initiative for student loan forgiveness. Here's more on eligibility details and the scope of the program.CBS News - Politics - Joe Biden -
Biden Approves $5.8 Billion in Student Debt Cancellation for 78,000 Borrowers
The incremental relief brings the canceled total to $143.6 billion for nearly four million Americans.The New York Times - Business - Joe Biden -
Biden forgives $6 billion in student debt. Here's who qualifies.
About 78,000 people will receive an email from President Joe Biden telling them that their loans are canceled. Here's what to know.CBS News - Politics - Joe Biden -
Should you use a personal loan to pay off credit card debt?
Want to pay off high-interest credit card debt with a personal loan? Find out if that plan makes sense here.CBS News - Top stories -
Millions of older adults with student debt are at risk of losing some Social Security benefits, lawmakers warn
Millions of older adults behind on their student loans could soon receive a smaller Social Security benefit.CNBC - Business -
FirstFT: Larry Fink warns of looming ‘retirement crisis’
Also in today’s newsletter, latest on Baltimore bridge collapse, and Donald Trump’s inner circleFinancial Times - World -
US faces Liz Truss-style market shock as debt soars, warns watchdog
Fiscal burden on ‘unprecedented’ path, says independent Congressional Budget Office headFinancial Times - Business - United Kingdom -
Budget watchdog warns US could suffer market shock over national debt
Congressional Budget Office (CBO) Director Phillip Swagel warned the United States could suffer a similar market shock as seen in the United Kingdom during former Prime Minister Liz Truss’s brief stint leading Britain, citing the nation's ...The Hill - Politics -
This Black Founder Is Bringing Top VC Investors With Him as He Tackles the Broken Consumer Debt Market
Braving a difficult fundraising climate for Black founders, Clerkie CEO and co-founder Guy Assad is on a mission to democratize financial health.Inc. - Business -
Preliminary autopsy suggests Riley Strain's death was accidental
Nashville police say student Riley Strain's death appears to be accidental after an autopsy. They previously noted that no evidence suggested foul play.CBS News - Top stories -
UK borders watchdog says visa regime put care workers at risk
David Neal, sacked last month, says Home Office did not understand sector and left migrants open to exploitationFinancial Times - World - United Kingdom -
Dalio Says China Must Fix Debt Problems or Face ‘Lost Decade’
Yahoo News - World - China -
Apple says Justice Department suit alleging illegal monopoly over smartphones in US is 'wrong on the facts and the law'
Apple says Justice Department suit alleging illegal monopoly over smartphones in US is 'wrong on the facts and the law'ABC News - Tech -
Masimo May Look at Joint Venture for Consumer Split, CEO Says
The medical-device maker has been approached by a potential joint venture partner, CEO Joe Kiani said.The Wall Street Journal - World -
Masimo May Look at Joint Venture for Consumer Split, CEO Says
The medical-device maker has been approached by a potential joint venture partner, CEO Joe Kiani said.The Wall Street Journal - Business -
Should you use a home equity loan to buy an investment property? Here's what experts say.
Is it smart to use your existing home equity to buy an investment property? Here's what some experts think.CBS News - Top stories -
China faces a ‘lost decade’ if it fails to tackle its debts, says Ray Dalio
Billionaire investor Ray Dalio sees China heading for a ’100-year big storm.’MarketWatch - Business - China -
Tennessee Company Hired Children to Operate ‘Dangerous’ Machinery, Officials Say
Tuff Torq Corp. of Morristown, Tenn., must pay a fine of nearly $300,000 and set aside $1.5 million in profits to compensate 10 underage workers, the Labor Department said.The New York Times - Business -
Alex Jones, Infowars Bankruptcies Get a Mediator
A judge appointed a mediator for the bankruptcy cases of conspiracy theorist Alex Jones and his Infowars website in response to an emergency request from a bankruptcy trustee.The Wall Street Journal - World -
Raw sewage discharges in England and Wales hit record
Data from Environment Agency prompts calls for government to declare national emergencyFinancial Times - Business -
Student Aid March Madness
Biden’s Fafsa rewrite keeps getting worse, if that’s possible. Thank Richard Cordray.The Wall Street Journal - World - March Madness -
Big tech companies could drive the S&P 500 to 6,000 this year or crash it to 4,500, says Goldman Sachs
Goldman Sachs lays out a scenario for the S&P 500 to hit 6,000 by the end of the year thanks to Big Tech.MarketWatch - Business -
Aluminum company says preferred site for new smelter is a region of Kentucky hit hard by job losses
Gov. Andy Beshear says an aluminum company has singled out northeastern Kentucky as its preferred site for a new aluminum smelterABC News - Top stories -
6 workers presumed dead after cargo ship crash destroys Baltimore bridge
The Francis Scott Key bridge in Baltimore, Maryland, partially collapsed early Tuesday, police said. It was hit by a ship, officials said.NBC News - Top stories -
Another CEO is leaving Discover. The company says he wasn’t expected to be there very long anyway.
Michael Rhodes, who is taking the CEO job at Ally Financial, was “not expected to have a long-term role” as Discover’s tie-up with Capital One looms.MarketWatch - Business -
New Chapter 11 Bankruptcy Filings -- Week Ending March 24, 2024
A list of some new chapter 11 bankruptcy filings made during the last week.The Wall Street Journal - World -
Law firm conflicts ‘permeated FTX’s bankruptcy’, professors allege
Two academics surface renewed concerns about the role Sullivan & Cromwell has played in the crypto exchange’s sagaFinancial Times - Business -
UBS to sell $8bn of loans to Apollo
Deal follows move by Swiss bank to renegotiate terms of original sale of a business owned by Credit SuisseFinancial Times - Business -
Illegal border crossings shifting from Texas to Arizona
As Texas has become more hostile to migrants, the number of people crossing in Arizona has soared. CBS News immigration reporter Camilo Montoya-Galvez has the details. Then, Andrew Schoenholtz, professor from practice at Georgetown University Law ...CBS News - Top stories -
How to consolidate credit card debt
Debt consolidation can help you pay off your credit cards faster. Learn more about consolidating your debt here.CBS News - Top stories -
What is a good debt-to-income ratio?
Your debt-to-income (DTI) ratio is a deciding factor in loan approvals and terms. But what is a good DTI ratio?CBS News - Top stories -
Nigerian army rescues students abducted earlier this month
Students and staff snatched by gunmen from school in Kaduna state freed days before ransom deadline. The Nigerian army has rescued students and staff who were abducted by gunmen from a school in the country’s north earlier this month, the military ...The Guardian - World -
10 important mortgage loan questions to ask this spring
If you want to get the best mortgage loan possible, be sure to ask your lender these questions during the process.CBS News - Top stories