Federal law puts important restrictions on when third-party debt collectors can communicate with borrowers. Getty Images/iStockphoto With U.S. household debt still elevated and credit card balances totaling $1.26 trillion in the second quarter of 2026, millions of borrowers are not just struggling to make their monthly payments, but are now dealing with past-due balances. After…
The rapid growth of U.S. dollar-backed stablecoins has moved them from the margins of the cryptocurrency ecosystem into the center of debates about the future of money and payments, the global role of the dollar, and the U.S. fiscal position. The passage of the GENIUS Act in 2025 created the first comprehensive federal framework for…
FSA Group (ASX: FSA) Dividend 2026: Inside the Debt Solutions and Lending Specialist kalkine.com.au Read the original article here
São Paulo governor Tarcísio de Freitas has joined the growing chorus of politicians calling for an end to betting in Brazil. Tarcísio de Freitas, who is seeking re-election as governor of São Paulo, stated during a debate that Brazil needs to end betting. Thus, in aiming for conservative votes, another nationally relevant politician has joined…
The Financial Conduct Authority (FCA) has banned Howard Roland Duckett from working in financial services due to a serious lack of honesty and integrity. Duckett was a senior manager at Beauforce Corporation Limited, a debt management firm. The High Court has disqualified Mr Duckett from acting as a company director for 10 years. It found…
Casino and resort operator Bally’s issued a warning that it may struggle to keep up with its debt burden over the next year, and there is “substantial doubt” about its ability to remain a going concern. The company made the disclosure in its second quarter earnings report filed with the Securities and Exchange Commission (SEC).…
Enthusiast Gaming reported a fourth consecutive quarter of positive adjusted EBITDA on Aug. 12, the same day it filed interim financial statements disclosing that all C$45 million CAD ($32.4 million USD) of its debt sits in default and that its cash cannot fund operations for the next 12 months. According to the company’s Aug. 12…
Use loans and credit wisely and avoid falling into the debt spiral Daily Maverick Read the original article here
Global yields fall after US Treasury boosts debt buybacks Reuters Read the original article here
BRASILIA: Brazil’s Petrobras is weighing whether to grant improved payment terms to Braskem on some contracts as the petrochemical producer races against the clock to find a solution for its debt woes ahead of an Aug 24 deadline to avoid filing for bankruptcy protection, according to sources. State-controlled oil giant Petrobras has tightened conditions on…