Sign up for our PoliticsNY newsletter for the latest coverage and to stay informed about the 2021 elections in your district and across NYC For the 22nd time, yellow cab drivers from across New York City pulled over and went out of public service while they rallied for debt relief. Cabbies banged drums and chanted…
While businesses recover from cash shortfalls and adapt to constantly shifting public health measures, the financial health of all sized businesses remains at serious risk. Larger businesses with naturally more cash reserves than smaller businesses are well equipped to withstand the pressures posed by the pandemic, however, the impact is likely to be grave following…
What would it mean to cancel student debt? A variety of opinions were on display during a hearing convened Tuesday by Senator Elizabeth Warren, a Massachusetts Democrat, her first as chair of the subcommittee on economic policy. For Warren, who has been urging President Joe Biden to cancel up to $50,000 in student debt since…
Over the last year, I have been buying a lot online and have racked up a lot of debt across two credit cards and my overdraft. Every time I receive a bill I feel like I am going to have a panic attack, so I have been ignoring them. I don’t know where to begin…
The provisional insolvency administrator isin the process of analysing the companys financial position Nobiskrug, the German shipyard that specialises in the construction of custom superyacht projects over 60m, has filed for insolvency. The Neumnster district court has appointed Hendrik Gridmann, a restructuring expert from Hamburg law firm, Reimer, as the provisional insolvency administrator. Gridmann and…
The Star Entertainment Group has doubled down on its bid to sue an Asian billionaire who racked up a $43 million gambling debt at its Gold Coast casino. VIP high roller Dr Wong Yew Choy allegedly dishonoured a blank cheque after a five-day losing streak playing baccarat at The Star Gold Coast. After losing an…
Chair Warren, Ranking Member Kennedy, and Members of the Committee, thank you for the opportunity to testify today. Federal student loans impose a crushing burden on many borrowers, particularly those who enroll in programs where most students dont finish, programs where most graduates are unable to find a job, or programs where debts incurred are…
If you have multiple personal debts, you may be wondering: what is the simplest way to pay back what I owe? Reality is, its totally up to you. But there are some financial hacks which may help you save on interest and make your repayments more convenient. What is personal debt? When talking about personal…