Famed investor Ray Dalio makes the case in How Countries Go Broke that the United States government is too heavily indebted and that significant changes to spending, taxes, and interest rates all need to be made, and soon, to save us from looming fiscal catastrophe. This position is mostly uncontroversial outside of the halls of…
In a surprising taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. code alteration that has frustrated Americans who enjoy gambling, a provision in the One Big Beautiful Bill Act (OBBBA) limits gambling losses…
It’s a staggering number. More than 42 million Americans owe a total of nearly $1.5 trillion in student loan debt. It’s no wonder people look for help. But not all help is legit. Scammers are targeting borrowers with student loan debt relief schemes that can actually make things worse. In a new case announced today,…
When it comes to having credit card debt forgiven, not all borrowers will qualify. Boy_Anupong/Getty Images As we inch closer to the end of 2025, the numbers tell a sobering story about the credit card debt issues Americans are facing. Case in point? The total amount of credit card debt nationwide surpassed $1.2 trillion in…
Article Banks are committed to helping their customers manage through financial difficulties. If you are struggling because of job loss or other strains on your finances, talk to your bank. They might be able to help. Do you have debt problems? It’s likely you have a debt problem if: You can’t make your minimum monthly…
BURLINGTON – Sen. Bernie Sanders (I-Vt.), Ranking Member of the Senate Committee on Health, Education, Labor, and Pensions (HELP), alongside 10 Senate colleagues, sent a letter to Education Secretary Linda McMahon expressing outrage over the Trump administration’s decision to indefinitely pause student loan forgiveness under the Income-Based Repayment (IBR) plan. The senators asked for clarity…
The borrowing limit for a line of credit is usually higher, but so is students’ responsibility; they are required to pay interest immediately on any money they borrow, even while they are in school, and repayment assistance programs are generally not available. For some students, a line of credit can be a helpful supplement to…
Online gaming addiction has become a nationwide crisis, with rising cases of suicides, debts, and financial ruin across India. Families are losing their life savings, with over ₹20,000 crore lost annually and 45 crore people impacted. Tragic incidents — from Siliguri to Telangana — highlight the growing dangers of online betting, money gaming, and gambling.…
As Finland prepares to end its monopoly, a new study has warned the transition to a licensing model needs to be “carefully designed” to alleviate problem gambling concerns. A study in Finland has found online gambling ads contribute to problem gambling and financial harm, especially among online offshore gamblers. The study was conducted by Iina…