Nearly 30,000 South Korean borrowers who previously received debt restructuring have applied for relief again this year, as a prolonged economic downturn leaves many unable to honor repayment agreements or forces them to seek assistance for newly accumulated debt. According to data obtained by Rep. Lee Jong-wook of the ruling People Power Party from the…
A National Debt Relief survey finds 62% of millennials and 45% of Gen Z regularly gamble or speculate, with many hoping to chip away at their debt. This post is AI-assisted writing. Mistakes can happen. If you spot an error, please let us know. Most millennials and Gen Z adults carry debt, and a large…
Be it prediction markets, sports betting or other forms of alternative finance, young people like to gamble and one of their motivations for doing so is clear: reducing debt. Gen Z and millennials are turning to bet to reduce consumer debt. (Image: Shutterstock) A new survey by debt settlement provider National Debt Relief indicates that…
SoftBank’s move to buy DigitalBridge for about US$4b, while leaning on high-yield debt to fund its OpenAI ambitions, shines a bright light on where AI meets leverage. Capital is chasing data centers and power, but credit risk is rising too. This article unpacks that tension and reveals 3 stocks exposed to this news, helping you…
Treasurer Jim Chalmers has vowed there will be more savings in the mid-year budget update but downplayed the prospect of more cost-of-living relief for Australians. Prime Minister Anthony Albanese had indicated this week help was on the way for households, but Mr Chalmers said the government was looking to run a “tight ship” because of…
Desperate younger Americans are now turning to artificial intelligence and online betting as lifelines to escape mounting debt. A new survey reveals that 38% of millennials and 27% of Gen Z carry $7,500 or more in unsecured debt across credit cards, medical bills, and personal loans. The financial burden carries a massive stigma, and 60%…
A Canadian family trying to stabilize a 73-year-old relative’s finances ran into a tough question: What happens when retirement benefits and income support start coming in, but debt payments still swallow hundreds of dollars each month? Here’s what to know The original poster described their situation in a Reddit thread on r/PersonalFinanceCanada. The poster said…
The framework reflects ICB’s efforts to strengthen its financial and operational sustainability in line with the broader objectives of the government’s 3R strategy. Md Shariqul Anam 03 October, 2026, 11:50 pm Last modified: 04 October, 2026, 12:23 am Photo: Collected “> Photo: Collected To revitalise the economy and steer it towards the long-term trillion-dollar goal,…
← Back to Newsroom Saturday, October 3, 2026 1:41 PM Daniel Cody, New York Post Email, LinkedIn, and more Desperate Gen Zers and millennials are turning to online gambling and AI to claw their way out of crushing debt — in part because of the “approachability” and “judgement-free advice” from computers, according to a new…
NI’s Debt Burden Rises as Advice NI Manages £42.8m of Debt in 2025/26 lovebelfast.co.uk Read the original article here