Last hurrah? Oaktree Capital looking to buy out Star Entertainment Group’s debt – IAG

US debt management firm Oaktree Capital Management is looming as a potential last-minute savior for troubled Australian casino operator Star Entertainment Group after putting forward a debt financing proposal to lenders. Star revealed in a Monday morning ASX filing that the proposal from funds associated with Oaktree – which previously expressed interest in cutting a…

Options to get over credit card debt

A new report shows Americans have more than 1.2 trillion in credit card debt. One nonprofit says they have resources to help. A newly-released report shows credit card debt soaring to record levels, with Americans owing more than $1.2 trilling at the end of 2024. The data, released Thursday by the Federal Reserve Bank of…