Executive Summary In their 2026 report, the Social Security Trustees estimate the Social Security Old-Age and Survivors Insurance trust fund will exhaust its reserves and become insolvent by the end of calendar year 2032; upon insolvency, all beneficiaries regardless of age, income, or need will see their benefits slashed by 22 percent. The magnitude of…
Recently at St Paul’s, The Song Company directed by Roland Peelman. Photo: Peter Hislop By arts editor HELEN MUSA In shock news for Australia’s music community, the Sydney-based board of The Song Company has announced that it will appoint a liquidator, bringing to an end more than 40 years of activity by the nation’s leading…
SoFi CEO Anthony Noto Says Personal Loans Can Help Americans Escape Credit Card Debt ‘Crisis’ Stocktwits Read the original article here
As Americans grapple with record levels of credit card debt, SoFi Technologies (SOFI) CEO Anthony Noto is touting personal loans as a clearer path out of debt than high-interest revolving credit cards. In a post on X, Noto said that even as credit cards keep people in debt “because the math is stacked against them,”…
Hundreds of Barbecues Galore workers face an uncertain future after the iconic Aussie chain announced it would shut 62 of its stores, following the collapse of a last ditch deal to save the struggling retailer. Barbeques Galore went into voluntary administration in February this year. Plans for Gordon Brothers to recapitalise the business under a…
Nathan River Resources Unpaid Royalties to Traditional Owners 2026 Discovery Alert Read the original article here
The National Company Law Tribunal (NCLT) has dismissed an application filed by ICP (India) Private Limited seeking admission of its operational debt claim against Southern Batteries Private Limited during liquidation, holding that a claim submitted 398 days after the prescribed deadline cannot be entertained once the liquidation process has substantially progressed. The Corporate Insolvency Resolution…
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End the Global Debt Trap: Freedom from Debt Now, says AHF Business Wire Read the original article here
As the liquidation hearing for Tongaat Hulett looms just weeks away, a coalition of sugarcane growers has embarked on a bold initiative aimed at securing the financial lifeline the company needs to avert disaster. The newly established GrowerCo seeks to raise funds vital for keeping Tongaat Hulett’s mills and refinery operational, which play a critical…