Nigerian airlines almost had to ground their planes this week as jet fuel prices shot up, thanks to Middle East tensions pushing global crude above $126 a barrel. After talks, the government promised debt relief, so carriers like Air Peace and Max Air are still in the skies, for now. Fuel costs have tripled for…
A Malaysian High Court has turned down a request by a Singaporean casino operator to recover a multi-million dollar gambling debt, underscoring the country’s tough legal position against enforcing such claims. Judge Rules Gambling Debt Unenforceable in Malaysia The ruling was issued in Ipoh, where the court rejected a bankruptcy petition filed by Resorts World…
It happens every spring: Families receive financial aid offers from colleges, puzzle over them and are left with the question—how much will this college actually cost me? Instead of stating how much a family must pay out of pocket, some letters use jargon like “total net expenses” or “total net and indirect cost.” Different colleges…
The National Hockey League (NHL) has teamed up with a veterans service organization to help struggling former military members and their families. Through a partnership with ForgiveCo, the NHL will erase $1.25 million of debt, dropping a lifeline to 1,025 veteran families. On Tuesday, during Game 5 of a first-round Stanley Cup Playoffs series against…
Key takeaways Credit card refinancing is using a new loan or credit card to pay off your credit card debt. A balance transfer card could be the cheapest option, but only if you can pay off your debt during the 0% APR intro period. Otherwise, interest can add up quickly. Refinancing moves your debt; it…
A social media-hungry west suburban restaurateur, and self-professed “connected guy,” is being held without bond in a wide-ranging illegal sports wagering business, federal authorities charged. Filippo “Gigi” Rovito, owner of the popular Burr Ridge eatery “Capri,” is among 22 people indicted by a federal grand jury in Hammond alleging they played a role in an…
Funds managed by Morgan Stanley Private Credit have led an $875 million senior debt financing package for Bridgepointe Technologies, a technology advisory and enablement services platform. The debt financing was provided alongside the creation of a continuation vehicle led by Carlyle AlpInvest, alongside an equity investment from existing investor Charlesbank Capital Partners and Bridgepointe management.…
by Jeffrey R. Young, The Hechinger Report April 30, 2026 A teacher in Wisconsin recently got a call with an intriguing offer: a promise to have 80 percent of her federal student loans forgiven — for a fee. The teacher, Lauren, owes about $60,000 in debt more than a decade after graduation, so she was…
by Meredith Kolodner, The Hechinger Report April 30, 2026 It happens every spring: Families receive financial aid offers from colleges, puzzle over them and are still left with the question — how much will this college actually cost me? Instead of stating how much a family must pay out of pocket, some letters use jargon…
What begins as a quick fix for empty cupboards is fast turning into a dangerous cycle of debt and addiction for many students. For some, online gambling, often introduced through “free spins” and easy sign-ups, has become a survival tactic while waiting for National Student Financial Aid Scheme funding (NSFAS), with devastating consequences. It all…