Credit card and car loan delinquencies pass pre-Covid levels as consumers get squeezed
More Americans are failing to make payments on their credit cards and auto loans, another sign of rising financial pressure on consumers.
1970-01-01 08:00
China's July new yuan loans seen dipping after record H1 - Reuters poll
BEIJING China's new yuan loans are expected to fall sharply in July from June after record lending in
1970-01-01 08:00
Europe Hasn’t Fully Turned Page on Energy Price Spikes, EON Warns
EON SE said that Europe’s energy market is still at risk of spiking prices this winter and urged
1970-01-01 08:00
PE firm KKR acquires $373 million portfolio of Synovus Bank's prime auto loans
Private equity giant KKR said on Tuesday it had acquired a $373 million portfolio of prime auto loans
1970-01-01 08:00
US court blocks Biden debt relief rule benefiting defrauded students
By Nate Raymond (Reuters) -A federal appeals court on Monday blocked the Biden administration from proceeding with another piece of
1970-01-01 08:00
Biden's student loan policies continue to face legal challenges
Legal challenges are continuing to target some of President Joe Biden's student loan policies. While his major student loan forgiveness program was blocked by the Supreme Court, the Biden administration is also facing lawsuits over some of its other policy changes aimed at making it easier for borrowers to pay back their loans.
1970-01-01 08:00
Poland's mBank hopes to offer 2% mortgage loan in September
GDANSK Poland's mBank expects the level of write-offs to be lower in future quarters compared with levels in
1970-01-01 08:00
First on CNN: Biden administration launches new income-driven student debt repayment plan
The Biden administration is launching a beta website for its new income-driven student loan repayment plan today, officials told CNN, allowing borrowers to begin submitting applications for the program as federal student loan payments are set to resume in October.
1970-01-01 08:00
3 free agents Packers could still sign in training camp
The Green Bay Packers could be better than people expect in the first year without Aaron Rodgers, but these three free agents could help ensure that further.Even with Jordan Love taking over from Aaron Rodgers at quarterback for the Green Bay Packers, the fact of the matter is that the offense s...
1970-01-01 08:00
Europe's banks are bracing for a wave of defaults
Some of Europe's biggest banks are setting aside more cash to absorb potential losses on loans, as rising interest rates increase pressure on borrowers.
1970-01-01 08:00
US commercial property delinquencies rise further in July -report
By Matt Tracy Nearly $12 billon of loans in U.S. commercial mortgage-backed securities (CMBS) became newly delinquent, pushing
1970-01-01 08:00
Chicago White Sox Fans Devastated by Seiya Suzuki Robbing a Grand Slam
VIDEO: Seiya Suzuki made a great play and White Sox fans were broken
1970-01-01 08:00