President Biden announced Thursday that $5.8 billion in student loans would be “canceled” for 78,000 borrowers working in the public sector, bringing his administration’s total student debt write-offs to $143.6 billion. … Read More
Easy come, easy go… MGM Resorts has denied claims that Bruno Mars owes the company $50 million in gambling debt. “We’re proud of our relationship with Bruno Mars, one of … Read More
President Joe Biden’s administration said on Wednesday it is canceling $1.2 billion worth of student loans for some 153,000 people who are eligible under a program used to make good … Read More
Connecticut will cancel medical debt for all eligible residents, its governor announced on Friday, making it the first state to do so. Gov. Ned Lamont said during an appearance on … Read More
Credit rating agency Fitch said Wednesday it expects US fiscal deficits to remain high this year, and that fiscal policy and governance implications of the presidential elections will be key issues for the country’s sovereign … Read More
What is “life-changing”? A now-50-year-old divorcé was left drowning in debt after his split — but “Jeopardy!” changed it all. Robert Slaven, who split from his wife of six years … Read More
Moody’s on Friday changed its outlook on the US credit rating to “negative” from “stable” citing large fiscal deficits and a decline in debt affordability. The move follows a rating downgrade of the sovereign by another rating … Read More
WASHINGTON — President Biden criticized the media Friday over the public’s economic concerns and again mixed up the terms “debt” and “deficit” — while also claiming he’s presiding over a … Read More
Florida Gov. Ron DeSantis (R-Fla.) isn’t shying away from hitting back at House Speaker Kevin McCarthy (R-Calif.), who dissed him over the weekend. McCarthy bashed DeSantis in an interview Sunday, … Read More
PHOENIX — Stephanie Pullman died on a sweltering Arizona day after her electricity was cut off because of a $51 debt. Five years later, the 72-year-old’s story remains at the … Read More
