Over 50,000 drivers could have $634M in car debt erased after lender ‘preyed on’ consumers. Do you qualify?

Photo by AYO Production / Shutterstock Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. More than 55,000 Americans could soon see their remaining car debt disappear after one of the country’s largest subprime auto lenders agreed to a sweeping $710 million settlement. Credit Acceptance Corporation reached the…

Opinion: AI could help governments cut debt — but unevenly

LONDON (Sept 24): AI promises to deliver significant productivity gains to individuals and businesses, but could it also help developed market governments reduce their budget deficits and pay down debt? It might. The estimated productivity gains from AI are highly uncertain. Chicago Federal Reserve Board economist Ezra Karger and his colleagues recently surveyed economists, superforecasters, AI experts,…

AI Productivity Gains Could Help Governments Cut Debt

AI Could Help Governments Cut Debt Through Productivity Gains AI could offer governments more than productivity gains for individuals and businesses. If it significantly boosts economic growth, it could also help developed-market governments reduce budget deficits and lower debt burdens. The potential impact remains uncertain. However, higher productivity could increase corporate profits and real wages,…