More creditors are agreeing to suspend debt payments in the wake of weather disasters, but experts say greater financial relief will be needed As Hurricane Beryl swept through the Caribbean in early July, its deadly passage left a trail of destruction across the island nation of Grenada. Winds of up to 240 kilometres per hour…
Dear Amy: I just learned that my wife’s spending is out of control. Several years ago, she got into financial trouble with a credit card debt of around $6,000. She told me about it and I bailed her out. Last week, she said it had happened again. I took a look at her credit card…
Struggling with credit card debt can feel overwhelming. High interest rates and compounding balances make it difficult to pay down the principal and get out from under the debt. If you’re dealing with credit card debt, there are options to lift this financial burden. There are several credit card debt relief options to help you…
The normalisation of gambling means it is often overlooked as an underlying source of harm, but gambling-related suicides could be prevented with the right strategies and support. Gambling is widely promoted and readily available in Australia, to the extent that it has been normalised. Most of us have seen betting odds being promoted during sports…
Tisha Thompson, ESPNMay 8, 2024, 03:21 PM ET Close Tisha Thompson is an investigative reporter for ESPN based in Washington, D.C. Her work appears on all platforms, both domestically and internationally. Ryan Boyajian, a current cast member of Bravo’s reality TV series “The Real Housewives of Orange County,” is the bookmaker’s associate to whom Ippei…
There is perhaps no bigger star playing Major League Baseball today than Shohei Ohtani. Over the course of his career in both his native Japan and in the United States, Ohtani has frequently been compared to — and sometimes described as even surpassing — baseball greats like Babe Ruth and other mythological figures of the…
Photo Credit: slgckgc / CC by 2.0 MGM denies rumors that Bruno Mars is sinking in gambling debt with the casino, following claims to the contrary that started circulating last week. Reports surfaced last week that Bruno Mars had allegedly made $90 million a year with his residencies at MGM Resorts, but that a large…
A few different factors are impacting the affordability of your credit card debt right now. Getty Images Credit card debt has reached alarming levels nationwide. Right now, one in five credit card users are maxed out, a stark indicator of the widespread financial strain. Payment delinquencies are also on the rise, signaling that an increasing…
Loans and other types of financing available to consumers generally fall into two main categories: secured debt and unsecured debt. The primary difference between the two is the presence or absence of collateral to protect the lender in case the borrower defaults. Key Takeaways Secured debts are those for which the borrower puts up some…
Inflation-adjusted interest rates are well above post global financial crisis lows, while medium-term growth remains weak. Persistently higher interest rates raise the cost of servicing debt, adding to fiscal pressures and posing risks to financial stability. Decisive and credible fiscal action that gradually brings global debt levels to more sustainable levels can help mitigate these…