New York City Mayor Eric Adams, New York City Department of Consumer and Worker Protection (DCWP) Commissioner Vilda Vera Mayuga. Including New York City Department of Citywide Administrative Services (DCAS) Commissioner Louis Molina today announced a new effort to help more than 100,000 city employees enroll in the federal government’s Public Service Loan Forgiveness (PSLF) program and Income…
The five-year relief period is over, and defaulted student loan borrowers are left with two options: Pay up or face the consequences. On Monday, President Donald Trump’s administration officially restarted the process of collecting defaulted student loan payments. This marks the end of a yearslong pause that started under Trump in 2020 and continued under…
The thing about witnessing a 7-year-old having their hot lunch tray yanked away and replaced with a cold sandwich — what cafeteria workers in the biz euphemistically call an “alternative meal” — is not just the obvious cruelty of the public spectacle, though there’s plenty of that. It’s the bizarre normalization of the whole affair,…
‘I am struggling to manage.’ I’m 59, earn $90K a year but have $60K in credit card debt — and I want to retire at 63. Is this possible? MSN Read the original article here
Given the recent spate of aid cuts for developing countries and rising tariffs, IMF downgraded its global growth forecast from 3.3 per cent (that was announced in January 2025) to 2.8 per cent for 2025. IMF also projected that global public debt will increase by 2.8 per cent, reaching 95.1 per cent of global gross…
Today’s global economic turmoil is not just about trade. International Monetary Fund (IMF) managing director Kristalina Georgieva has warned that growing economic uncertainty and financial market stress pose serious threats to developing countries. The danger is particularly acute for highly indebted economies, which are now facing weaker growth prospects and reduced financial support from the United States and…
Moneyhub, a leading UK data and analytics platform, has today announced an extension of their partnership with Experian, the global data and technology company, to introduce the innovative Credit Dashboard. This tool is designed to empower consumers with effective debt management solutions, enabling them to navigate financial challenges with greater ease and confidence. This collaboration…
But the money was just disappearing. I’d managed to find another job once the first Covid lockdown eased, but then the second lockdown hit in November 2020. I ran up multiple overdrafts, and applied for and maxed out credits cards to pay for groceries. Only thinking about feeding my kids, I didn’t think about the…
People walk in front of St. Peter’s Basilica in St. Peter’s Square ahead of the conclave, which will be held on May 7, at the Vatican, April 30, 2025.—Reuters LONDON: The death of Pope Francis and global aid cuts led by the US could complicate the work of a group of experts assembled by the…
Prime Minister Anthony Albanese campaigned on the promise to forgive $16 billion in student debt. Now Labor has won the 2025 federal election and Australians want to know when those student debt cuts are going to come into effect. From July 1, the newly re-elected Albanese Labor government will slash a further 20 per cent…